Type
|
Public |
---|---|
Traded as | NYSE: HII S&P 400 Component |
Industry | Defense, Shipbuilding |
Predecessor | Northrop Grumman Shipbuilding |
Founded | March 31, 2011 (2011-03-31) |
Founder | Named after Collis Potter Huntington and Robert Ingersoll Ingalls, Sr. |
Headquarters | Newport News, Virginia, U.S. |
Area served
|
Worldwide |
Key people
|
Thomas B. Fargo (Chairman) C. Michael Petters (President and CEO) |
Revenue | US$ 7.02 billion (2015) |
Net income
|
US$ 404 million (2015) |
Number of employees
|
<37,000 |
Divisions | Newport News Shipbuilding Ingalls Shipbuilding |
Website | www.huntingtoningalls.com |
Huntington Ingalls Industries (HII) is an American Fortune 500 shipbuilding company formed on March 31, 2011 as a spin-off of Northrop Grumman.
Mike Petters is currently the president and CEO of Huntington Ingalls Industries (formerly president of the Newport News shipyard and president of the Northrop Grumman Shipbuilding).
HII is the sole designer, builder, and refueler of nuclear-powered aircraft carriers in the United States. It is one of two nuclear-powered submarine builders (the other being General Dynamics Electric Boat). 70% of the current, active US Navy fleet has been built by HII's erstwhile units.
Huntington Ingalls Industries was formerly known as Northrop Grumman Shipbuilding (NGSB), created on January 28, 2008 by the merger of Northrop Grumman's two shipbuilding sectors, Northrop Grumman Ship Systems and Northrop Grumman Newport News. The company takes its name from the founders of its two main facilities: Collis Potter Huntington (Newport News) and Robert Ingalls (Pascagoula).
HII operates facilities in several key locations across the US:
HII's 2016 order backlog amounts to $20.5 billion.
HII is to build ten Gerald R. Ford-class aircraft carriers for the US Navy. It is scheduled to deliver one carrier every five years starting in 2015.
The US Navy awarded HII a $2.4 billion fixed-price incentive contract for the detail design and construction of the amphibious assault ship America (LHA-6), the lead ship of her class. Work will be performed primarily at the company's shipyard in Pascagoula, Miss., and ship delivery is scheduled for 2012.
In June, 2016 Huntington Ingalls Industries has been awarded a $273 million contract to build the U.S. Navy’s newest amphibious assault warship, according to a company press release. The total contract value for the construction of the third America-class ship is over $3 billion. This contract included planning, advanced engineering and procurement of long-lead material for the new vessel.
In April 2011, the US Navy awarded HII a $1.5 billion contract for the construction of John P. Murtha (LPD-26), the tenth of the San Antonio-class amphibious transport docks. This was the first Navy contract awarded to HII, though Ingalls Shipbuilding had already built three ships of the class.
The US Navy is building Virginia-class submarines as replacements for the Los Angeles-class submarines which are currently being phased out.
HII, under an industrial arrangement with General Dynamics Electric Boat (the only other shipyard capable of building nuclear-powered submarines), solely builds the stern, habitability and machinery spaces, torpedo room, sail and bow, while Electric Boat solely builds the engine room and control room. HII and Electric Boat alternate work on the reactor plant, final assembly, test, outfit and delivery.
In 2014 The Government Accountability Office denied a contract appeal by Ingalls for the US Coast Guard's Offshore Patrol Cutter program, finding that the USCG's ranking of the shipyard to be marginal was justified.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2023-02-09 | Future report Set alerts | |
Q3 2022 | 2022-11-03 | 3.44 | 3.44 |
Q2 2022 | 2022-08-04 | 4.44 | 4.44 |
Q1 2022 | 2022-05-05 | 3.50 | 3.50 |
Q4 2021 | 2022-02-10 | 2.99 | 2.99 |
Q3 2021 | 2021-11-04 | 3.65 | 3.65 |
Q2 2021 | 2021-08-05 | 3.20 | 3.20 |
Q1 2021 | 2021-05-06 | 3.68 | 3.68 |
Q4 2020 | 2021-02-11 | 6.15 | 6.15 |
Q3 2020 | 2020-11-05 | 5.45 | 5.45 |
2016-07-11 | Reiterated Rating | Deutsche Bank AG | Buy | $167.00 to $190.00 |
2016-05-24 | Downgrade | Stifel Nicolaus | Hold to Sell | $135.00 |
2016-05-09 | Boost Price Target | Barclays | Underweight | $125.00 to $135.00 |
2016-05-09 | Boost Price Target | Barclays PLC | Underweight | $125.00 to $135.00 |
2016-04-12 | Boost Price Target | Goldman Sachs | Neutral | $139.00 to $148.00 |
2016-04-12 | Boost Price Target | Goldman Sachs Group Inc. | Neutral | $139.00 to $148.00 |
2016-02-26 | Boost Price Target | Goldman Sachs | $131.00 to $139.00 | |
2016-02-19 | Boost Price Target | Credit Suisse | Neutral | $130.00 to $133.00 |
2016-02-19 | Boost Price Target | Credit Suisse Group AG | Neutral | $130.00 to $133.00 |
2016-01-20 | Initiated Coverage | Guggenheim | Buy | $145.00 |
2016-01-15 | Upgrade | Credit Suisse | Underperform to Neutral | $115.00 to $130.00 |
2016-01-08 | Upgrade | Cowen and Company | Market Perform to Outperform | $150.00 |
2015-11-11 | Boost Price Target | Cowen and Company | $135.00 | |
2015-11-10 | Reiterated Rating | Cowen and Company | Hold | $126.00 to $135.00 |
2015-11-09 | Reiterated Rating | Barclays | Sell | $118.00 to $125.00 |
2015-11-06 | Boost Price Target | Credit Suisse | Underperform | $115.00 |
2015-11-06 | Reiterated Rating | Deutsche Bank | Buy | $150.00 to $157.00 |
2015-11-06 | Upgrade | Wells Fargo | Market Perform to Outperform | |
2015-11-06 | Reiterated Rating | Deutsche Bank AG | Buy | $150.00 to $157.00 |
2015-11-06 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
2015-10-31 | Reiterated Rating | Cowen and Company | Hold | |
2015-10-30 | Boost Price Target | Cowen and Company | $117.00 to $126.00 | |
2015-10-01 | Initiated Coverage | Cowen and Company | Market Perform | $117.00 |
2015-09-10 | Reiterated Rating | Deutsche Bank | Buy | |
2015-08-10 | Reiterated Rating | Deutsche Bank | Buy | $150.00 |
2015-08-07 | Reiterated Rating | Credit Suisse | Underperform | $116.00 to $110.00 |
2015-05-19 | Downgrade | Bank of America | Buy to Neutral | $150.00 to $135.00 |
2015-05-19 | Downgrade | Bank of America Corp. | Buy to Neutral | $150.00 to $135.00 |
2015-05-11 | Reiterated Rating | Citigroup Inc. | Buy | $162.00 to $152.00 |
2015-05-08 | Lower Price Target | Deutsche Bank | Buy | $157.00 to $150.00 |
2015-05-08 | Lower Price Target | Barclays | Underweight | $121.00 to $118.00 |
2015-05-08 | Downgrade | Sanford C. Bernstein | Outperform to Market Perform | $158.00 to $142.00 |
2015-04-15 | Boost Price Target | Citigroup Inc. | Buy | $150.00 to $162.00 |
2015-03-19 | Boost Price Target | Deutsche Bank | Buy | $137.00 to $157.00 |
2015-02-26 | Boost Price Target | Barclays | Underweight | $104.00 to $121.00 |
2015-02-24 | Downgrade | Credit Suisse | Neutral to Underperform | $106.00 to $127.00 |
2015-02-20 | Boost Price Target | Bank of America | $150.00 | |
2015-01-14 | Initiated Coverage | Stifel Nicolaus | Hold | |
2015-01-06 | Upgrade | Bank of America | Neutral to Buy | $110.00 to $130.00 |
2015-01-05 | Boost Price Target | Deutsche Bank | Buy | $125.00 to $137.00 |
2014-12-19 | Boost Price Target | Citigroup Inc. | Buy | $141.00 to $150.00 |
2014-12-12 | Reiterated Rating | Deutsche Bank | Buy | |
2014-11-14 | Reiterated Rating | Deutsche Bank | Buy | $125.00 |
2014-08-11 | Upgrade | UBS | Neutral to Buy | $109 |
2014-08-11 | Lower Price Target | Barclays | Underweight | $106.00 to $101.00 |
2014-08-08 | Reiterated Rating | Credit Suisse | Neutral | $108.00 to $106.00 |
2014-05-15 | Downgrade | Bank of America | Buy to Neutral | $102.00 to $106.00 |
2014-05-09 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $108.00 to $113.00 |
2014-04-09 | Boost Price Target | Citigroup Inc. | Buy | $121.00 to $141.00 |
2014-04-07 | Boost Price Target | Deutsche Bank | $112.00 to $115.00 | |
2014-03-17 | Lower Price Target | Barclays | Equal Weight to Underweight | $110.00 to $106.00 |
2014-03-05 | Initiated Coverage | Morgan Stanley | Equal Weight | $110.00 |
2014-03-04 | Boost Price Target | Credit Suisse | Neutral | $81.00 to $104.00 |
2014-03-03 | Boost Price Target | Deutsche Bank | Buy | $100.00 to $112.00 |
2014-02-28 | Boost Price Target | Barclays | Equal Weight | $85.00 to $110.00 |
2014-02-27 | Boost Price Target | JPMorgan Chase & Co. | $102.00 to $108.00 | |
2014-01-07 | Upgrade | Bank of America | Underperform to Buy | $64.00 to $102.00 |
2013-12-20 | Boost Price Target | Sanford C. Bernstein | $92.00 to $108.00 | |
2013-12-17 | Upgrade | Deutsche Bank | Hold to Buy | $100.00 |
2013-11-14 | Boost Price Target | Barclays | Equal Weight | $70.00 to $85.00 |
2013-11-08 | Reiterated Rating | Deutsche Bank | Hold | $78.00 to $66.00 |
2013-10-17 | Reiterated Rating | Deutsche Bank | Hold | $66.00 |
2013-10-14 | Boost Price Target | Barclays | Equal Weight | $64.00 to $70.00 |
2013-10-09 | Boost Price Target | Deutsche Bank | Hold | $60.00 to $66.00 |
2013-03-21 | Reiterated | UBS | Neutral | $47 to $55 |
2016-07-11 | Reiterated Rating | Deutsche Bank AG | Buy | $167.00 to $190.00 |
2016-05-24 | Downgrade | Stifel Nicolaus | Hold to Sell | $135.00 |
2016-05-09 | Boost Price Target | Barclays | Underweight | $125.00 to $135.00 |
2016-05-09 | Boost Price Target | Barclays PLC | Underweight | $125.00 to $135.00 |
2016-04-12 | Boost Price Target | Goldman Sachs | Neutral | $139.00 to $148.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In HII 386 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 4.66M |
BlackRock Inc. | 3.70M |
STATE STREET CORP | 2.92M |
Capital World Investors | 2.29M |
FMR LLC | 2.16M |
BlackRock Fund Advisors | 2.10M |
BlackRock Institutional Trust Company, N.A. | 1.51M |
BANK OF AMERICA CORP /DE/ | 1.50M |
Invesco Ltd. | 1.18M |
LSV ASSET MANAGEMENT | 0.82M |
GEODE CAPITAL MANAGEMENT, LLC | 0.80M |
AMERICAN CENTURY COMPANIES INC | 0.70M |
EATON VANCE MANAGEMENT | 0.55M |
MORGAN STANLEY | 0.55M |
CITADEL ADVISORS LLC | 0.44M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
PETTERS C MICHAEL President & CEO | 1.07% (518150) | HII / |
MULHERIN MATTHEW J Corp VP, President Newport New | 0.23% (113813) | HII / |
Cuccias Brian J. Vice President, Programs | 0.11% (51684) | HII / |
Waldman Mitchell B Corp VP-Govt & Cust Relations | 0.10% (49901) | HII / |
Fontaine Douglass II Corp. VP, CAO & Controller | 0.10% (48623) | HII / |
NILAND BARBARA A Corp VP and CFO | 0.10% (47973) | BWC / HII / |
Kastner Christopher D Corp VP, Corporate Development | 0.09% (42328) | HII / |
Dickseski Jerri F Corp. VP, Communications | 0.07% (35425) | HII / |
ERMATINGER WILLIAM R Corp. VP, Chief HR Officer | 0.07% (33609) | HII / |
EDENZON IRWIN F Corp. VP & President - Ingalls | 0.07% (31649) | HII / |
HAWTHORNE BRUCE Corp VP General Counsel & Sec | 0.06% (30802) | HII / |
Wyatt D R Corp VP & Treasurer | 0.04% (21169) | HII / |
Stabler D. Scott II Ex VP Chief Transformation Off | 0.04% (20775) | HII / |
SCHIEVELBEIN THOMAS C | 0.03% (15856) | BCO / HII / MDR / |
Bruner Robert F | 0.03% (14423) | HII / |
Davis Artur G. | 0.03% (12947) | HII / |
WALKER KELLYE L Corp. VP and General Counsel | 0.02% (8226) | AWK / HII / |
Green Edgar A III Ex VP, Pres. HII Technical Sol | 0.01% (5564) | HII / |
Boykin Jennifer R. Vice President, Engineering | 0.01% (5443) | HII / |