[Featured Stock] HD Hyundai Hits 52-Week High on Earnings Expectations

HD Hyundai, which rose more than 8% the previous day, has once again reached a 52-week high.

As of 9:25 a.m. on the 3rd, HD Hyundai is trading at 84,800 KRW, down 800 KRW (0.93%) from the previous close on the KOSPI market.

The stock closed at 85,600 KRW, up 8.08% from the previous day. On the same day, it reached a new high of 86,900 KRW during intraday trading, but then slightly declined due to profit-taking.

The driving force behind the stock price increase is foreign investors and institutions. On the previous day, foreign investors and institutions net purchased 4.1 billion KRW and 8.5 billion KRW worth of shares, respectively.

Foreign investors have been steadily accumulating HD Hyundai shares since last year. The foreign ownership ratio also increased by more than 5 percentage points from 16.19% on January 2 last year to 21.34% as of the previous day.

Recently, HD Hyundai announced a value-up disclosure, stating that it plans to raise the dividend payout ratio to over 70% based on separate net income from 2025 to 2027. It also plans to implement quarterly dividends. In addition, it announced a goal to achieve a return on equity of 8-10% by 2027.

Yang Ji-hwan, a researcher at Daishin Securities, stated in a report last November, "The performance of the shipbuilding sector is expected to continue improving until 2027, and Marine Solutions and Electric are also expected to maintain a good trend."

He added, "Although dramatic improvement in the refining sector is unlikely, part of the approximately 220 billion KRW inventory valuation loss reflected in the third quarter due to oil price fluctuations is expected to be reversed in the fourth quarter."