Northrop Grumman (NYSE:NOC) Releases FY 2025 Earnings Guidance

Northrop Grumman (NYSE:NOC) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 24.950-25.350 for the period, compared to the consensus earnings per share estimate of 28.050. The company issued revenue guidance of $42.0 billion-$42.5 billion, compared to the consensus revenue estimate of $42.3 billion.

Analyst Ratings Changes

Several brokerages have recently weighed in on NOC. Citigroup upped their target price on Northrop Grumman from $587.00 to $591.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Royal Bank of Canada cut their price objective on Northrop Grumman from $575.00 to $550.00 and set an “outperform” rating for the company in a research note on Wednesday. Wells Fargo & Company upped their price objective on shares of Northrop Grumman from $545.00 to $547.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Truist Financial reduced their target price on shares of Northrop Grumman from $600.00 to $550.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Susquehanna lowered their price target on Northrop Grumman from $557.00 to $540.00 and set a “positive” rating for the company in a report on Wednesday. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $544.24.

Northrop Grumman Price Performance

Shares of NYSE NOC opened at $472.27 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.01 and a quick ratio of 0.91. The company has a market cap of $68.07 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 3.73 and a beta of 0.20. The stock’s 50-day moving average is $490.49 and its two-hundred day moving average is $491.13. Northrop Grumman has a 1-year low of $418.60 and a 1-year high of $555.57.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.27). Northrop Grumman had a return on equity of 26.24% and a net margin of 10.17%. The firm had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Analysts forecast that Northrop Grumman will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were given a dividend of $2.06 per share. The ex-dividend date was Monday, March 3rd. This represents a $8.24 annualized dividend and a dividend yield of 1.74%. Northrop Grumman’s dividend payout ratio (DPR) is currently 29.08%.

Insider Buying and Selling

In related news, CEO Kathy J. Warden sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $475.65, for a total transaction of $1,783,687.50. Following the completion of the sale, the chief executive officer now owns 212,852 shares in the company, valued at $101,243,053.80. The trade was a 1.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Benjamin R. Davies sold 192 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $429.08, for a total value of $82,383.36. Following the completion of the transaction, the vice president now directly owns 709 shares of the company’s stock, valued at $304,217.72. This trade represents a 21.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,505 shares of company stock worth $2,127,182. Corporate insiders own 0.23% of the company’s stock.

Institutional Trading of Northrop Grumman

A hedge fund recently raised its stake in Northrop Grumman stock. Brighton Jones LLC increased its stake in shares of Northrop Grumman Co. (NYSE:NOC) by 176.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,970 shares of the aerospace company’s stock after acquiring an additional 1,895 shares during the quarter. Brighton Jones LLC’s holdings in Northrop Grumman were worth $1,394,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Northrop Grumman Company Profile

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.