Huntington Ingalls Industries (NYSE:HII) Issues Earnings Results, Beats Expectations By $1.48 EPS

Huntington Ingalls Industries (NYSE:HII) issued its earnings results on Thursday. The aerospace company reported $5.27 EPS for the quarter, beating the consensus estimate of $3.79 by $1.48, FiscalAI reports. Huntington Ingalls Industries had a net margin of 5.01% and a return on equity of 12.89%. The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same quarter in the previous year, the company earned $3.86 EPS. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year.

Here are the key takeaways from Huntington Ingalls Industries’ conference call:

• Second-quarter results strengthened, with revenue up 10.9% year over year to $3.4 billion, diluted EPS rising to $5.27 from $3.86, and operating margin improving to 6.1% from 5.3%.
• HII raised 2026 shipbuilding revenue guidance to $10.2 billion–$10.4 billion and increased the operating-margin range to 6.0%–6.5%, supported by four consecutive quarters of double-digit shipbuilding growth and improving throughput.
• The company highlighted strong demand and a $6.7 billion contract-award quarter, including finalized Virginia- and Columbia-class submarine contracts, additional frigate work, and continued bipartisan support for submarine-industrial-base funding.
• Workforce and capacity initiatives are progressing, with more than 3,500 shipbuilders hired year to date and distributed shipbuilding expected to increase 30% in 2026, but Ingalls had a slower start and further hiring, retention, and supplier execution remain important to meeting delivery targets.
• Mission Technologies revenue declined 3.9% year over year to $760 million, while third-quarter margin is expected to fall to approximately 4% because of strategic investments in unmanned capabilities; free cash flow also remains heavily weighted toward the fourth quarter, with $500 million–$600 million expected for the full year.

Huntington Ingalls Industries Stock Up 2.3%

Huntington Ingalls Industries stock traded up $7.34 on Friday, hitting $327.24. 930,282 shares of the stock traded hands, compared to its average volume of 486,813. The company has a current ratio of 1.23, a quick ratio of 1.11 and a debt-to-equity ratio of 0.51. The business’s fifty day simple moving average is $290.91 and its 200 day simple moving average is $359.13. Huntington Ingalls Industries has a 1 year low of $259.00 and a 1 year high of $460.00. The firm has a market cap of $12.89 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 1.37 and a beta of 0.25.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a $1.38 dividend. The ex-dividend date is Friday, August 28th. This represents a $5.52 dividend on an annualized basis and a yield of 1.7%. Huntington Ingalls Industries’s dividend payout ratio is 32.90%.

Insider Transactions at Huntington Ingalls Industries

In related news, VP Edmond E. Jr. Hughes sold 3,500 shares of Huntington Ingalls Industries stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $319.58, for a total value of $1,118,530.00. Following the completion of the sale, the vice president directly owned 8,391 shares in the company, valued at approximately $2,681,595.78. This trade represents a 29.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Huntington Ingalls Industries

A number of hedge funds have recently modified their holdings of HII. Pitcairn Co. lifted its stake in shares of Huntington Ingalls Industries by 4.1% during the 2nd quarter. Pitcairn Co. now owns 1,266 shares of the aerospace company’s stock valued at $306,000 after buying an additional 50 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Huntington Ingalls Industries by 5.5% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,116 shares of the aerospace company’s stock valued at $380,000 after acquiring an additional 58 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Huntington Ingalls Industries by 40.1% during the first quarter. Geneos Wealth Management Inc. now owns 206 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 59 shares in the last quarter. IHT Wealth Management LLC raised its stake in Huntington Ingalls Industries by 5.5% during the 4th quarter. IHT Wealth Management LLC now owns 1,128 shares of the aerospace company’s stock valued at $384,000 after purchasing an additional 59 shares during the period. Finally, Equitable Holdings Inc. boosted its stake in Huntington Ingalls Industries by 6.7% in the 3rd quarter. Equitable Holdings Inc. now owns 967 shares of the aerospace company’s stock worth $278,000 after purchasing an additional 61 shares during the period. 90.46% of the stock is currently owned by institutional investors.

More Huntington Ingalls Industries News

Here are the key news stories impacting Huntington Ingalls Industries this week:

• Positive Sentiment: Q2 results significantly exceeded expectations. HII reported adjusted earnings of $5.27 per share versus the $3.79 consensus estimate, while revenue rose 10.9% year over year to $3.42 billion, above expectations of $3.15 billion. Huntington Ingalls Industries Q2 earnings report
• Positive Sentiment: Shipbuilding demand and backlog strengthened the outlook. Higher ship volumes supported quarterly growth, while new awards lifted backlog to approximately $57.3 billion. Management also forecast fiscal 2026 revenue of $13.2 billion to $13.6 billion, above the roughly $13.0 billion analyst consensus. HII Q2 earnings surpass estimates
• Positive Sentiment: A major submarine-contract opportunity adds long-term visibility. Newport News Shipbuilding, HII’s division, is expected to play a large role in $76.6 billion of U.S. Navy submarine contracts, reinforcing the company’s strategic importance and future workload. Huntington Ingalls awarded Navy submarine contracts
• Positive Sentiment: Analysts became more constructive. Citigroup raised its price target from $349 to $379 and assigned a “buy” rating, while Wolfe Research upgraded HII to “outperform” with a $364 target. These targets imply additional upside based on the referenced share price.
• Neutral Sentiment: HII declared a quarterly dividend of $1.38 per share, payable September 11 to shareholders of record August 28. The dividend supports shareholder returns but is unlikely to be the primary driver of the current move.
• Negative Sentiment: Some commentary cautioned that operational improvements may not translate into rapid growth, highlighting execution and capacity constraints as risks despite the stronger backlog and contract pipeline. Huntington Ingalls operations and growth analysis

Analyst Upgrades and Downgrades

HII has been the topic of a number of research reports. 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. TD Cowen dropped their target price on Huntington Ingalls Industries from $420.00 to $360.00 and set a “buy” rating for the company in a report on Monday, July 13th. Weiss Ratings cut shares of Huntington Ingalls Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Citigroup increased their price target on Huntington Ingalls Industries from $349.00 to $379.00 and gave the stock a “buy” rating in a report on Friday. Finally, Wolfe Research raised shares of Huntington Ingalls Industries from a “peer perform” rating to an “outperform” rating and set a $364.00 price objective on the stock in a report on Friday. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $376.22.

Huntington Ingalls Industries Company 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.