HII and HHI leaders met to enhance shipbuilding collaboration and explore technological advancements for commercial and military opportunities.
Quiver AI Summary
HII recently welcomed leaders from HD Hyundai Heavy Industries to its Ingalls Shipbuilding division for a three-day event aimed at strengthening the partnership outlined in their April memorandum of understanding. During the visit, participants shared insights on shipbuilding technologies and manufacturing processes, while also exploring commercial and military shipbuilding prospects. Ingalls Shipbuilding President Brian Blanchette highlighted the technological advancements at the shipyard, expressing optimism about the collaborative ideas that emerged to improve efficiency in shipbuilding for the U.S. Navy. The tour included demonstrations of advanced robotic technologies and production capabilities. HHI's Sangbong Lee expressed enthusiasm for ongoing collaboration, while HII's Eric Chewning emphasized the partnership's potential to enhance shipbuilding throughput and the overall U.S. defense industry.
Potential Positives
- HII's collaboration with HD Hyundai Heavy Industries (HHI) is reinforced through a strategic partnership that aims to leverage technological innovation in shipbuilding.
- The visit highlighted HII's advanced shipbuilding technologies and modernization efforts, illustrating the company's investment in improving production efficiency.
- Joint discussions on both commercial and military shipbuilding opportunities may lead to increased capabilities and new contract prospects for HII.
- Enhancing the U.S. shipbuilding industrial base through international partnerships strengthens HII's position in the global defense industry.
Potential Negatives
- This press release emphasizes the need for ongoing collaboration and innovation in shipbuilding, suggesting potential weaknesses in HII's current capabilities that necessitate external partnership for enhanced efficiency.
- The absence of specific achievements or milestones resulting from the partnership may indicate a lack of progress since the memorandum of understanding was signed in April.
- Statements about high expectations and potential future opportunities could reflect pressure on HII to meet these expectations, potentially indicating previous shortcomings in performance or delivery.
FAQ
What was the purpose of HII's recent engagement with HD Hyundai Heavy Industries?
The engagement aimed to advance joint goals from a memorandum of understanding signed earlier and exchange insights on shipbuilding.
What are the focuses of the partnership between HII and HHI?
The partnership focuses on advancing technological innovation, maximizing production efficiency, and strengthening the global defense industry.
Who attended the visit from HII?
Eric Chewning, HII's executive vice president of maritime systems and corporate strategy, attended to evaluate joint maritime opportunities.
What innovations did HII showcase during the visit?
HII showcased state-of-the-art robotic technologies and modern production capabilities driving efficiency and consistency in shipbuilding.
How does HII define its mission?
HII's mission is to deliver powerful ships and all-domain solutions to enhance national security and support global peace and freedom.
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 Insider Trading Activity
$HII insiders have traded $HII stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:
- EDGAR A III GREEN (Ex VP, Pres. HII Mission Tech) sold 4,206 shares for an estimated $1,117,427
- NICK L STANAGE purchased 3,500 shares for an estimated $954,729
- 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
- EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 1,300 shares for an estimated $301,483
- VICTORIA D HARKER sold 1,000 shares for an estimated $268,630
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HII Hedge Fund Activity
We have seen 377 institutional investors add shares of $HII stock to their portfolio, and 269 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VAN ECK ASSOCIATES CORP removed 467,733 shares (-26.3%) from their portfolio in Q2 2025, for an estimated $112,938,810
- FREESTONE GROVE PARTNERS LP removed 458,628 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $110,740,316
- MILLENNIUM MANAGEMENT LLC removed 405,995 shares (-52.9%) from their portfolio in Q2 2025, for an estimated $98,031,552
- MAVERICK CAPITAL LTD added 386,533 shares (+inf%) to their portfolio in Q2 2025, for an estimated $93,332,258
- SOUND SHORE MANAGEMENT INC /CT/ added 331,511 shares (+inf%) to their portfolio in Q2 2025, for an estimated $80,046,646
- UBS GROUP AG added 309,197 shares (+60.7%) to their portfolio in Q2 2025, for an estimated $74,658,707
- AUTO-OWNERS INSURANCE CO removed 268,308 shares (-58.9%) from their portfolio in Q2 2025, for an estimated $64,785,649
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 4 analysts offer price targets for $HII in the last 6 months, with a median target of $280.0.
Here are some recent targets:
- Ronald Epstein from B of A Securities set a target price of $260.0 on 08/13/2025
- David Strauss from Barclays set a target price of $295.0 on 08/04/2025
- Gautam Khanna from TD Cowen set a target price of $300.0 on 07/10/2025
- Noah Poponak from Goldman Sachs set a target price of $265.0 on 05/02/2025
Full Release
PASCAGOULA, Miss., Oct. 20, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) hosted leaders from HD Hyundai Heavy Industries (HHI) at the company’s Ingalls Shipbuilding division this month for a three-day engagement to advance joint goals of the memorandum of understanding signed by the two companies in April. During the visit, leaders from HII and HHI exchanged insights on shipbuilding technology and manufacturing processes, discussing both commercial and military shipbuilding opportunities.
“As our partnership with HHI continues to evolve, this visit allowed us to demonstrate the expertise of our Ingalls shipbuilders and the significant investment made in technology in our shipyard over the last several years,” Ingalls Shipbuilding President Brian Blanchette said. “I look forward to seeing how the ideas generated during this visit will develop in the coming months to create additional opportunities to increase efficiency and accelerate the delivery of critical ships for the U.S. Navy’s fleet.”
During the visit, the group toured the shipyard, observed the state-of-the-art robotic technologies and other modern production capabilities being utilized by Ingalls. This particular visit provided first-hand insight into how innovation is driving greater efficiency and consistency in shipbuilding.
Photos accompanying this release are available at: http://hii.com/news/hii-hosts-hd-hyundai-heavy-industries-leaders-at-ingalls-shipbuilding-reinforcing-strategic-partnership/ .
“This visit has been a great opportunity for us to see how HII has been advancing its expertise in shipbuilding, and we look forward to discussing insights that will further deepen our collaboration,” said Sangbong Lee, senior vice president at HHI. “We have high expectations for how our partnership will evolve and hope to share innovative approaches that will deliver significant value to our customers.”
Joining the visit to further evaluate future joint maritime opportunities was Eric Chewning, HII’s executive vice president of maritime systems and corporate strategy. Focused on expansion of domestic and international partnerships he said, “leveraging advanced technologies in support of our customers cannot happen fast enough and this partnership is a powerful step in the right direction to not only enhance throughput at Ingalls, but to strengthen and expand the U.S. shipbuilding industrial base.”
The collective efforts applied under the strategic partnership aim to leverage the combined expertise and resources of both companies to advance technological innovation, maximize production efficiency, and strengthen the global defense industry. Specializing in multiple classes of ships, HII and HHI are two of the world’s leading shipbuilders.
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 unmanned 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:
Kimberly Aguillard
[email protected]
(228) 355-5663
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ed971e5-7523-4f58-aa54-cc4a65a80ab8
