Capital World Investors Amends HII Stake, Signals Continued Confidence

Ticker: HII · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, investor-update

TL;DR

**Big investor Capital World Investors still holds a chunk of Huntington Ingalls, good sign!**

AI Summary

Capital World Investors, a major investment firm, filed an amended SC 13G/A on February 9, 2024, indicating their ownership of Huntington Ingalls Industries, Inc. common stock as of December 29, 2023. This amendment, filed under Rule 13d-1(b), updates their previous disclosure regarding their significant stake in the ship and boat building company. This matters to investors because it shows a large institutional investor continues to hold a substantial position, potentially signaling confidence in the company's long-term prospects.

Why It Matters

This filing confirms that a major institutional investor, Capital World Investors, maintains a significant position in Huntington Ingalls Industries, Inc., which can be seen as a vote of confidence in the company's future performance.

Risk Assessment

Risk Level: low — This filing is an amendment to a previous disclosure and indicates continued institutional ownership, which generally reduces perceived risk.

Analyst Insight

Investors should note that a major institutional investor, Capital World Investors, continues to hold a position in Huntington Ingalls Industries, Inc. This could be a positive signal, but further research into the company's fundamentals and Capital World Investors' investment strategy would be prudent before making any investment decisions.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.

Who is the 'Reporting Person' in this filing?

The Reporting Person is Capital World Investors, identified by IRS Identification No. 95-1411037 and CIK 0001422849.

What is the 'Subject Company' of this filing?

The Subject Company is Huntington Ingalls Industries, Inc., with CIK 0001501585 and CUSIP Number 446413106.

What was the 'Date of Event Which Requires Filing of this Statement'?

The date of the event which requires filing of this statement was December 29, 2023.

Under which specific rule was this Schedule 13G/A filed?

This Schedule 13G/A was filed under Rule 13d-1(b), as indicated by the checked box on the cover page.

From the Filing

0001422848-24-000278.txt : 20240209 0001422848-24-000278.hdr.sgml : 20240209 20240209182127 ACCESSION NUMBER: 0001422848-24-000278 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HUNTINGTON INGALLS INDUSTRIES, INC. CENTRAL INDEX KEY: 0001501585 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 900607005 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86174 FILM NUMBER: 24616834 BUSINESS ADDRESS: STREET 1: 4101 WASHINGTON AVENUE STREET 2: 909-7, 7J2 CITY: NEWPORT NEWS STATE: VA ZIP: 23607 BUSINESS PHONE: (757) 380-2000 MAIL ADDRESS: STREET 1: 4101 WASHINGTON AVENUE STREET 2: 909-7, 7J2 CITY: NEWPORT NEWS STATE: VA ZIP: 23607 FORMER COMPANY: FORMER CONFORMED NAME: Huntington Ingalls Industries, Inc. DATE OF NAME CHANGE: 20101124 FORMER COMPANY: FORMER CONFORMED NAME: New Ships, Inc. DATE OF NAME CHANGE: 20101006 FORMER COMPANY: FORMER CONFORMED NAME: NEW S HOLDCO, INC. DATE OF NAME CHANGE: 20100917 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital World Investors CENTRAL INDEX KEY: 0001422849 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * Huntington Ingalls Industries, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 446413106 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 446413106 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 2,312,683 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 2,318,083 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,318,083 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Huntington Ingalls Industries, Inc. (b) Address of Issuer's Principal Executive Offices 4101 Washington Avenue, 909-7, 7J2, Newport News, VA 23607 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 4464

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