HII appointed Nick Stanage, former CEO of Hexcel Corporation, to its board of directors, enhancing its industrial expertise.
Quiver AI Summary
HII has announced the election of Nick Stanage, former chairman, CEO, and president of Hexcel Corporation, to its board of directors. The chairman of HII, Kirk Donald, expressed enthusiasm about Stanage's extensive leadership experience and insight into industrial manufacturing, which are expected to contribute positively to the company's growth. Stanage has a robust background in aerospace, automotive, and construction industries, having held various roles at Hexcel since 2009 and previously at Honeywell Aerospace and Dana Holding Corporation. He also serves on the board of TriMas Corporation and holds degrees in mechanical engineering and business administration. HII is a major defense provider based in Virginia, focusing on delivering advanced military capabilities.
Potential Positives
- Nick Stanage's extensive leadership experience in industrial manufacturing and aerospace adds significant expertise to HII's board of directors, positioning the company for strategic growth.
- The addition of Stanage enhances HII's governance by bringing in a leader with a proven track record in operations and supply chain management, benefiting HII's diverse defense capabilities.
- His previous roles at Hexcel Corporation and Honeywell demonstrate a strong background in sectors relevant to HII, which may open up new opportunities for partnerships and innovation.
Potential Negatives
- Nick Stanage's recent retirement as president and CEO of Hexcel Corporation in May 2024 may raise concerns about the potential for instability or strategy misalignment in HII's leadership direction.
- While the company highlights Stanage's qualifications, no specific details were provided on how his expertise will directly benefit HII's current operations or strategic goals, leaving ambiguity regarding his immediate impact.
FAQ
Who is Nick Stanage?
Nick Stanage is the former chairman, CEO, and president of Hexcel Corporation, with extensive experience in industrial manufacturing.
What role will Nick Stanage serve at HII?
Nick Stanage has been elected to serve on HII's board of directors.
What experience does Stanage bring to HII?
Stanage brings decades of experience in aerospace, automotive, and construction equipment industries, enhancing HII's leadership.
What is HII's mission?
HII's mission is to deliver powerful ships and all-domain solutions to protect peace and freedom globally.
How can I learn more about HII?
More information about HII can be found on their official website at www.HII.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HII Congressional Stock Trading
Members of Congress have traded $HII stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HII stock by members of Congress over the last 6 months:
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 02/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$HII Insider Trading Activity
$HII insiders have traded $HII stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- ANASTASI D KELLY sold 1,960 shares for an estimated $455,856
- CHAD N. BOUDREAUX (Ex VP & Chief Legal Officer) sold 1,965 shares for an estimated $449,873
- THOMAS C SCHIEVELBEIN purchased 2,120 shares for an estimated $349,426
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 1,300 shares for an estimated $301,483
- JOHN K WELCH purchased 1,000 shares for an estimated $174,923
- NICOLAS G SCHUCK (Corp VP, Controller & CAO) sold 750 shares for an estimated $142,166
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HII Hedge Fund Activity
We have seen 336 institutional investors add shares of $HII stock to their portfolio, and 336 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GAMMA INVESTING LLC removed 489,723 shares (-99.5%) from their portfolio in Q2 2025, for an estimated $118,248,515
- FREESTONE GROVE PARTNERS LP added 411,247 shares (+868.0%) to their portfolio in Q1 2025, for an estimated $83,910,837
- ROKOS CAPITAL MANAGEMENT LLP added 385,617 shares (+inf%) to their portfolio in Q1 2025, for an estimated $78,681,292
- FMR LLC added 384,817 shares (+11.6%) to their portfolio in Q1 2025, for an estimated $78,518,060
- VAN ECK ASSOCIATES CORP added 350,668 shares (+24.6%) to their portfolio in Q1 2025, for an estimated $71,550,298
- AUTO-OWNERS INSURANCE CO added 333,308 shares (+273.2%) to their portfolio in Q1 2025, for an estimated $68,008,164
- BLACKROCK, INC. removed 304,121 shares (-8.8%) from their portfolio in Q1 2025, for an estimated $62,052,848
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HII Analyst Ratings
Wall Street analysts have issued reports on $HII in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 05/02/2025
To track analyst ratings and price targets for $HII, check out Quiver Quantitative's $HII forecast page.
$HII Price Targets
Multiple analysts have issued price targets for $HII recently. We have seen 3 analysts offer price targets for $HII in the last 6 months, with a median target of $265.0.
Here are some recent targets:
- Gautam Khanna from TD Cowen set a target price of $300.0 on 07/10/2025
- David Strauss from Barclays set a target price of $235.0 on 05/05/2025
- Noah Poponak from Goldman Sachs set a target price of $265.0 on 05/02/2025
Full Release
NEWPORT NEWS, Va., July 29, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that former chairman, CEO and president of Hexcel Corporation Nick Stanage was elected to the company’s board of directors.
“We are pleased to welcome Nick to the board of HII,” said Kirk Donald, chairman of the board of HII. “His leadership experience and extensive understanding of industrial manufacturing and innovative solutions make him a valuable addition to the HII team as we position HII for further growth. I look forward to Nick’s contributions to our team of directors.”
Stanage has decades of industrial manufacturing experience in the aerospace, automotive and construction equipment industries. He joined Hexcel Corporation in 2009, serving initially as president before transitioning to chief operating officer in 2012. He served in this position until he assumed the role of CEO in 2013. He retired as president and CEO in May 2024 and assumed the role of executive chairman through November 2024.
A photo accompanying this release is available at: http://hii.com/news/nick-stanage-joins-hii-board-of-directors/ .
Prior to his time with Hexcel Corporation, Stanage spent 20 years with Honeywell Aerospace and Transportation Systems, where he held a variety of leadership roles in areas focused on technology, operations, and supply chain management. Stanage then joined Dana Holding Corporation, where he served as president of the Heavy Vehicle Products group.
In addition to the Hexcel board of directors, Stanage also serves on the board of directors for TriMas Corporation where he is a member of its compensation and governance and nominating committees.
Stanage received a Bachelor of Science degree in mechanical engineering from Western Michigan University. He also holds a Master of Business Administration from the University of Notre Dame.
About HII
HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to uncrewed systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
- HII on the web: https://www.HII.com/
- HII on Facebook: https://www.facebook.com/TeamHII
- HII on X: https://www.twitter.com/WeAreHII
- HII on Instagram: https://www.instagram.com/WeAreHII
Contact:
Danny Hernandez
[email protected]
(240) 264-7143
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/72d4be6c-32fc-458a-931d-10553284a864
