SummitTX Capital L.P. bought a new stake in Huntington Ingalls Industries, Inc. (NYSE:HII – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,984 shares of the aerospace company’s stock, valued at approximately $754,000.
Several other hedge funds also recently modified their holdings of HII. CYBER HORNET ETFs LLC purchased a new stake in Huntington Ingalls Industries in the 2nd quarter valued at $25,000. Rakuten Securities Inc. boosted its holdings in Huntington Ingalls Industries by 140.0% during the 2nd quarter. Rakuten Securities Inc. now owns 108 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 63 shares during the last quarter. Bayban bought a new stake in shares of Huntington Ingalls Industries in the 1st quarter worth $27,000. NBC Securities Inc. grew its stake in shares of Huntington Ingalls Industries by 87.2% in the 4th quarter. NBC Securities Inc. now owns 88 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 41 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Huntington Ingalls Industries by 363.3% in the second quarter. Smartleaf Asset Management LLC now owns 139 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.
Huntington Ingalls Industries Trading Up 14.0%
Shares of Huntington Ingalls Industries stock opened at $319.70 on Friday. Huntington Ingalls Industries, Inc. has a 1 year low of $259.00 and a 1 year high of $460.00. The firm has a market cap of $12.60 billion, a PE ratio of 20.80, a P/E/G ratio of 1.20 and a beta of 0.25. The stock has a fifty day moving average price of $290.79 and a 200-day moving average price of $359.35. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.19 and a quick ratio of 1.11.
Huntington Ingalls Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $5.52 annualized dividend and a yield of 1.7%. Huntington Ingalls Industries’s payout ratio is currently 35.91%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on HII. TD Cowen dropped their price target on shares of Huntington Ingalls Industries from $420.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Wall Street Zen downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings lowered shares of Huntington Ingalls Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Citigroup dropped their target price on shares of Huntington Ingalls Industries from $405.00 to $349.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Huntington Ingalls Industries has an average rating of “Hold” and a consensus target price of $374.00.
View Our Latest Analysis on HII
Insiders Place Their Bets
In other Huntington Ingalls Industries news, VP Edmond E. Jr. Hughes sold 3,500 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $319.58, for a total value of $1,118,530.00. Following the transaction, the vice president directly owned 8,391 shares in the company, valued at $2,681,595.78. The trade was a 29.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.80% of the stock is currently owned by insiders.
Trending Headlines about Huntington Ingalls Industries
Here are the key news stories impacting Huntington Ingalls Industries this week:
- Positive Sentiment: HII reported second-quarter earnings of $5.27 per share, well above the $3.79 analyst consensus and up from $3.86 a year earlier. Revenue rose 10.9% year over year to $3.42 billion, also exceeding the $3.15 billion estimate. HII Reports Second Quarter 2026 Results
- Positive Sentiment: Management raised its fiscal 2026 revenue outlook to $13.2 billion-$13.6 billion, above the roughly $13.0 billion consensus, while citing strength in shipbuilding and higher ship volumes. HII Earnings Call: Shipbuilding Strength Drives Upbeat Outlook
- Positive Sentiment: New awards for Block VI Virginia-class and Build II Columbia-class submarines, reportedly totaling $76.6 billion in Navy contracts for the broader shipbuilding team, support long-term backlog and revenue visibility. HII’s backlog rose to approximately $57.3 billion. HII is Awarded Contracts for Construction of Submarines
- Neutral Sentiment: The board declared a quarterly dividend of $1.38 per share, payable September 11 to shareholders of record August 28. The dividend reinforces shareholder returns but is unlikely to be the primary catalyst for the market’s reaction. HII Declares Quarterly Dividend
- Negative Sentiment: Investors will continue monitoring profitability, as prior expectations pointed to higher general and administrative costs potentially pressuring margins. HII’s reported net margin was 4.71%, despite the substantial earnings beat. Huntington Ingalls to Post Q2 Earnings
Huntington Ingalls Industries Profile
Huntington Ingalls Industries (NYSE: HII) is America’s largest military shipbuilding company and a leading provider of professional services to the U.S. government. Headquartered in Newport News, Virginia, HII designs, constructs and maintains nuclear-powered aircraft carriers, submarines and other complex vessels for the U.S. Navy. The company’s products include nuclear aircraft carriers, Virginia-class and Columbia-class submarines, as well as amphibious assault ships, destroyers and cutters.
Established in 2011 as a spin-off from Northrop Grumman’s shipbuilding operations, HII traces its heritage to two historic builders: Newport News Shipbuilding, founded in the 19th century, and Ingalls Shipbuilding, founded in 1938.
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