Citigroup Rates Huntington Ingalls Industries (HII) buy

Citigroup maintains its buy rating for HII, setting a $349 price target, a 24.69% upside from the current price.

By EarningsIQ Research Desk · Published Jul 1, 2026, 12:01 PM EDT · Updated Jul 1, 2026, 3:01 PM EDT

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Citigroup rated Huntington Ingalls Industries, Inc. ($HII) "buy" with a $349 price target on July 1, 2026.

Since the rating, $HII is up 3.8% after 1 week, up 17.0% after 1 month and down 2.0% to date (from the $277.68 close on Jul 1, 2026).

HII Huntington Ingalls Industries, Inc.

$272 -21.28% year to date

Daily close · Oct 16, 2026

Key Points

On July 1, 2026, Citigroup reiterated its buy rating on Huntington Ingalls Industries, setting a price target of $349.
Citigroup's $349 price target implies 24.69% upside from Huntington Ingalls Industries, Inc.'s ($HII) current $279.89 share price.
HII shares traded near $279.89 on Wednesday, with a market cap of $11 billion and a P/E ratio of 18.2.
Huntington Ingalls Industries operates in the aerospace and defense sector, with headquarters in Newport News, VA.

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Citigroup reiterated its buy rating on Huntington Ingalls Industries, Inc. (NYSE:HII) on July 1, 2026. The firm set a price target of $349. This rating was part of Citigroup's ongoing assessment of the company, reflecting a positive outlook on its future performance.

Analyst rating track record

Citigroup vs. the S&P 500

YTD return -0.57% hypothetical

All-time return +34.65% S&P 500 +31.54%

vs. S&P 500 +3.11% ahead of the index

Hypothetical returns from Citigroup's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

On July 1, 2026, Citigroup maintained its buy rating for Huntington Ingalls Industries with a price target of $349. Previously, on May 18, 2026, Citigroup had also maintained a buy rating with a target of $405. TD Cowen, on May 14, 2026, kept its buy rating with a target of $420. Meanwhile, Wells Fargo initiated coverage with a hold rating and a $400 target on April 1, 2026. The consensus among analysts is a buy recommendation, with an average target price of $387.91 based on 11 analyst opinions.

Huntington Ingalls Industries, Inc. Stock Up 2.6%

Shares of NYSE:HII traded near $279.89 on Wednesday. The company has a market cap of approximately $11 billion and a P/E ratio of 18.2. Its forward P/E is 13.9, indicating expected earnings growth. The stock's 52-week range is between $239.55 and $460.00. Huntington Ingalls has a 50-day moving average of $320.83 and a 200-day moving average of $346.49. The company's beta of 0.232 suggests lower volatility compared to the market.

12-month forecast

$HII price target

Huntington Ingalls Industries, Inc. daily closes and this analyst's $349 target. Not advice.

Insider Buying and Selling at Huntington Ingalls Industries, Inc.

Several insiders made purchases on June 12, 2026. Thomas Schievelbein, Leo Denault, and Donald Kirkland were among those who bought shares, with Schievelbein acquiring 107 shares, Denault 20 shares, and Kirkland 32 shares. These transactions were not part of a pre-planned 10b5-1 trading scheme.

About Huntington Ingalls Industries

Huntington Ingalls Industries, Inc. designs, builds, and maintains military ships for the U.S. Navy and Coast Guard. The company operates through its Ingalls, Newport News, and Mission Technologies segments. It is headquartered in Newport News, Virginia, and is led by CEO Christopher Douglas Kastner. With approximately 44,000 employees, Huntington Ingalls is a key player in the aerospace and defense industry, focusing on both nuclear and non-nuclear vessels.

Bottom Line

Citigroup's reiterated buy rating on Huntington Ingalls Industries highlights continued confidence in the company's performance and strategic direction. As the largest military shipbuilder in the U.S., HII remains a significant entity in the defense sector. Investors often track these ratings to gauge market sentiment and potential stock performance, though it's important to remember these are backward-looking insights.