Rep. Gilbert Ray Cisneros, Jr. Buys Northrop Grumman Corporation (NYSE:NOC) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Northrop Grumman Corporation (NYSE:NOC). In a filing disclosed on June 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Northrop Grumman stock on May 30th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 7/1/2025.
• Purchased $1,001 – $15,000 in shares of AppLovin (NASDAQ:APP) on 7/1/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 6/30/2025.
• Purchased $1,001 – $15,000 in shares of CoStar Group (NASDAQ:CSGP) on 6/30/2025.
• Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 6/27/2025.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 6/27/2025.
• Sold $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 6/27/2025.
• Sold $1,001 – $15,000 in shares of Willis Towers Watson Public (NASDAQ:WTW) on 6/26/2025.
• Sold $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 6/26/2025.
• Sold $1,001 – $15,000 in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) on 6/26/2025.

Northrop Grumman Price Performance

Shares of NYSE NOC traded up $1.47 during midday trading on Monday, hitting $520.51. 346,695 shares of the company’s stock were exchanged, compared to its average volume of 874,876. The business’s fifty day moving average price is $492.64 and its two-hundred day moving average price is $487.55. The company has a market cap of $74.92 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 6.17 and a beta of 0.15. Northrop Grumman Corporation has a 12-month low of $426.24 and a 12-month high of $555.57. The company has a current ratio of 0.95, a quick ratio of 0.84 and a debt-to-equity ratio of 0.95.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.27). The business had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Northrop Grumman had a net margin of 9.19% and a return on equity of 25.46%. As a group, research analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were given a $2.31 dividend. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.06. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Monday, June 2nd. Northrop Grumman’s dividend payout ratio (DPR) is 36.46%.

Hedge Funds Weigh In On Northrop Grumman

Institutional investors and hedge funds have recently modified their holdings of the stock. IMA Advisory Services Inc. bought a new position in shares of Northrop Grumman in the 1st quarter worth $27,000. Saudi Central Bank purchased a new stake in shares of Northrop Grumman in the first quarter worth about $28,000. Banque Cantonale Vaudoise acquired a new position in Northrop Grumman in the 1st quarter worth about $30,000. Whipplewood Advisors LLC purchased a new position in Northrop Grumman during the fourth quarter worth approximately $31,000. Finally, Wood Tarver Financial Group LLC purchased a new position in Northrop Grumman during the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Insider Transactions at Northrop Grumman

In other news, VP Thomas H. Jones sold 729 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $505.77, for a total value of $368,706.33. Following the transaction, the vice president owned 7,552 shares in the company, valued at $3,819,575.04. This trade represents a 8.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Roshan S. Roeder sold 991 shares of Northrop Grumman stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $490.00, for a total value of $485,590.00. Following the transaction, the vice president owned 319 shares in the company, valued at approximately $156,310. The trade was a 75.65% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,569 shares of company stock worth $8,323,150. 0.23% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Truist Financial dropped their price objective on Northrop Grumman from $600.00 to $550.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. Royal Bank Of Canada lowered their target price on Northrop Grumman from $575.00 to $550.00 and set an “outperform” rating on the stock in a report on Wednesday, April 23rd. The Goldman Sachs Group raised Northrop Grumman from a “sell” rating to a “neutral” rating and increased their target price for the company from $424.00 to $521.00 in a report on Friday, April 11th. Morgan Stanley raised their price objective on Northrop Grumman from $580.00 to $625.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 16th. Finally, Susquehanna decreased their price objective on Northrop Grumman from $557.00 to $540.00 and set a “positive” rating on the stock in a research note on Wednesday, April 23rd. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $550.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Northrop Grumman

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.