Go Pro

California State Teachers Retirement System Has $17.33 Million Stock Holdings in Huntington Ingalls Industries, Inc. $HII

Huntington Ingalls Industries logo with Industrials background
Image from MarketBeat Media, LLC.

California State Teachers Retirement System raised its stake in Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report) by 23.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,609 shares of the aerospace company's stock after purchasing an additional 8,610 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Huntington Ingalls Industries worth $17,327,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HII. Geneos Wealth Management Inc. increased its position in 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 buying an additional 59 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Huntington Ingalls Industries by 329.4% in the second quarter. EverSource Wealth Advisors LLC now owns 365 shares of the aerospace company's stock valued at $88,000 after buying an additional 280 shares during the period. Marshall Wace LLP lifted its position in shares of Huntington Ingalls Industries by 432.1% in the second quarter. Marshall Wace LLP now owns 38,144 shares of the aerospace company's stock valued at $9,210,000 after buying an additional 30,975 shares during the last quarter. Cresset Asset Management LLC lifted its position in shares of Huntington Ingalls Industries by 23.0% in the second quarter. Cresset Asset Management LLC now owns 1,575 shares of the aerospace company's stock valued at $381,000 after buying an additional 294 shares during the last quarter. Finally, Jump Financial LLC bought a new position in shares of Huntington Ingalls Industries during the 2nd quarter worth approximately $398,000. Institutional investors and hedge funds own 90.46% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HII. TD Cowen cut their price target 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 note on Wednesday, May 6th. Wolfe Research raised shares of Huntington Ingalls Industries from a "peer perform" rating to an "outperform" rating and set a $364.00 target price for the company in a report on Friday. Wall Street Zen lowered shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating in a research note on Monday, May 18th. Finally, Citigroup increased their price target on shares of Huntington Ingalls Industries from $349.00 to $379.00 and gave the company a "buy" rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Huntington Ingalls Industries currently has a consensus rating of "Hold" and a consensus target price of $376.22.

View Our Latest Report on Huntington Ingalls Industries

Huntington Ingalls Industries Trading Up 0.2%

HII opened at $327.24 on Monday. Huntington Ingalls Industries, Inc. has a twelve month low of $259.00 and a twelve month high of $460.00. The company has a 50-day simple moving average of $290.91 and a 200 day simple moving average of $358.85. The company has a quick ratio of 1.14, a current ratio of 1.23 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 19.50, a P/E/G ratio of 1.40 and a beta of 0.24.

Huntington Ingalls Industries (NYSE:HII - Get Free Report) last released its earnings results on Thursday, July 30th. The aerospace company reported $5.27 EPS for the quarter, beating the consensus estimate of $3.79 by $1.48. Huntington Ingalls Industries had a net margin of 5.01% and a return on equity of 12.89%. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same period last year, the firm earned $3.86 EPS. The business's quarterly revenue was up 10.9% compared to the same quarter last year. Analysts predict that Huntington Ingalls Industries, Inc. will post 17.31 EPS for the current fiscal year.

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 given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, August 28th. Huntington Ingalls Industries's payout ratio is currently 32.90%.

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

Insider Buying and Selling

In other Huntington Ingalls Industries news, VP Edmond E. Jr. Hughes sold 3,500 shares of the company's stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $319.58, for a total transaction of $1,118,530.00. Following the completion of the sale, the vice president directly owned 8,391 shares in the company, valued at $2,681,595.78. This represents a 29.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by corporate insiders.

Huntington Ingalls Industries Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding HII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huntington Ingalls Industries, Inc. (NYSE:HII - Free Report).

Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Huntington Ingalls Industries Right Now?

Before you consider Huntington Ingalls Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Huntington Ingalls Industries wasn't on the list.

While Huntington Ingalls Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Lead the Next Market Boom Cover

Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines