HII jumps after Q3 earnings beat and higher shipbuilding outlook

HII (HII) is up 8.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to a strong third-quarter earnings report that showed higher profit, record revenue, and a raised 2026 shipbuilding revenue outlook. Investors also seem to be reacting to improving margins at Newport News and Mission Technologies, plus a sharp increase in new contract awards.

Details:

HII reported third-quarter 2026 revenue of about $3.5 billion, a company record for the period, while diluted earnings per share rose to $5.48 from $3.68 a year earlier.

The company raised its full-year 2026 shipbuilding revenue guidance to a range of $10.5 billion to $10.7 billion, which likely helped reinforce expectations for stronger execution through year-end.

New contract awards totaled $32.4 billion in the quarter, a notable increase that may have improved investor confidence in future revenue visibility and backlog support.

Segment performance was mixed but broadly encouraging: Newport News operating income climbed to $132 million from $80 million, and Mission Technologies operating income increased to $71 million from $34 million.

Sources:

HII, SEC, Nasdaq

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$HII Insider Trading Activity

$HII insiders have traded $HII stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $HII stock by insiders over the last 6 months:

CHRISTOPHER D KASTNER (Director, President & CEO) sold 13,070 shares for an estimated $4,246,704
EDMOND E. JR. HUGHES (Ex VP & Chief HR Officer) sold 3,500 shares for an estimated $1,118,533
VICTORIA D HARKER sold 723 shares for an estimated $240,878

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$HII Hedge Fund Activity

We have seen 377 institutional investors add shares of $HII stock to their portfolio, and 455 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 499,286 shares (-16.1%) from their portfolio in Q2 2026, for an estimated $139,745,158
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 384,038 shares (+inf%) to their portfolio in Q2 2026, for an estimated $107,488,395
AQR CAPITAL MANAGEMENT LLC removed 366,251 shares (-35.8%) from their portfolio in Q2 2026, for an estimated $102,509,992
FIRST TRUST ADVISORS LP added 355,042 shares (+42.7%) to their portfolio in Q2 2026, for an estimated $99,372,705
TD ASSET MANAGEMENT INC removed 312,342 shares (-87.0%) from their portfolio in Q2 2026, for an estimated $87,421,402
QUBE RESEARCH & TECHNOLOGIES LTD added 299,269 shares (+236.9%) to their portfolio in Q2 2026, for an estimated $83,762,400
INVESCO LTD. added 277,119 shares (+29.9%) to their portfolio in Q2 2026, for an estimated $77,562,836

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$HII Government Contracts

We have seen $9,626,479,546 of award payments to $HII over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

CVN 80 ENGINEERING EFFORTS AND STEEL: $2,359,349,604
CONSTRUCTION OF DDG 51 SHIPS FY23-27: $1,375,682,963
LPD 33, 34, AND 35 DD&CS: $949,412,000
LHA 10 ADVANCE PROCUREMENT: $500,630,020
FY21 RCOH ACCOMPLISHMENT: $459,190,473

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$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 BRIAN BABIN sold up to $50,000 on 05/05.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$HII Price Targets

Multiple analysts have issued price targets for $HII recently. We have seen 2 analysts offer price targets for $HII in the last 6 months, with a median target of $384.5.

Here are some recent targets:

John Godyn from Citigroup set a target price of $349.0 on 07/01/2026
Gautam Khanna from TD Cowen set a target price of $420.0 on 05/14/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.