Why Is HUNTINGTON INGALLS I (HII) Stock Up Today?

Huntington Ingalls Industries shares surged 12.11% to $313.07 on Thursday. The primary driver was a strong third-quarter earnings report that exceeded expectations, coupled with a raised full-year outlook for shipbuilding revenue.

What Happened

HII reported GAAP earnings per share of $5.48, beating the consensus estimate of $4.43 by $1.05. Revenue for the quarter reached $3.54 billion, surpassing expectations by $170 million. The company also disclosed $32.4 billion in new contracts. Management raised fiscal 2026 sales guidance from a previous range of $13.2 billion to $13.6 billion to a new range of $13.5 billion to $13.9 billion. This guidance increase compares to an analyst estimate of $13.387 billion. The company also projected fiscal 2026 capital expenditures of $500 million. A Form 8-K filed on October 29, 2026, disclosed these results and financial statements. Separately, HII announced progress in the production of ROMULUS unmanned surface vessels for the U.S. Navy in Louisiana.

What The Data Shows

The stock opened at $286.43, a 2.6% gap up from the prior close of $279.26. It reached a session high of $327.75 at 9:30 AM ET before settling near $313.81. Volume stood at 0.7 million shares, which is 1.5 times the three-month daily average. Fundamentals show a market capitalization of $11.1 billion and a P/E ratio of 16.6. Trailing twelve-month revenue growth is 14.0%, with a net margin of 5.0%. The stock has a beta of 0.21 and a dividend yield of 2.00%. Over the last eight sessions, the stock had moved up 3.6% from $269.64 to $279.26. The 52-week range is $255.35 to $460.00. Recent insider activity includes two sales totaling $4.5 million in the last 90 days, with the most recent transaction by CEO Christopher D. Kastner on August 10, 2026.

What To Watch

Investors will monitor the company’s execution against the newly raised fiscal 2026 sales guidance of $13.5 billion to $13.9 billion. The stock’s position within its 52-week range and continued volume levels will also be key indicators of market sentiment following the earnings beat.