What is Zacks Research’s Forecast for NOC FY2026 Earnings?

Northrop Grumman Corporation (NYSE:NOC) – Zacks Research reduced their FY2026 earnings estimates for shares of Northrop Grumman in a research report issued to clients and investors on Thursday, January 8th. Zacks Research analyst Team now forecasts that the aerospace company will post earnings per share of $28.43 for the year, down from their previous forecast of $28.47. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.05 per share. Zacks Research also issued estimates for Northrop Grumman’s Q4 2026 earnings at $8.33 EPS, Q1 2027 earnings at $5.62 EPS, Q4 2027 earnings at $8.67 EPS and FY2027 earnings at $30.45 EPS.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, topping analysts’ consensus estimates of $6.43 by $1.24. The company had revenue of $10.42 billion for the quarter, compared to analysts’ expectations of $10.68 billion. Northrop Grumman had a return on equity of 25.49% and a net margin of 9.82%.Northrop Grumman’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period last year, the firm earned $7.00 EPS. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS.

NOC has been the subject of several other reports. Susquehanna increased their target price on shares of Northrop Grumman from $650.00 to $690.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. BNP Paribas Exane began coverage on shares of Northrop Grumman in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $710.00 price target for the company. Truist Financial reissued a “hold” rating and issued a $623.00 price objective (down from $688.00) on shares of Northrop Grumman in a research note on Friday. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. Finally, Citigroup initiated coverage on shares of Northrop Grumman in a report on Thursday, December 11th. They issued a “buy” rating and a $654.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $649.18.

Northrop Grumman Stock Performance

Shares of NOC opened at $629.68 on Monday. The business has a 50-day simple moving average of $571.18 and a two-hundred day simple moving average of $573.68. The company has a quick ratio of 0.98, a current ratio of 1.11 and a debt-to-equity ratio of 0.95. Northrop Grumman has a 52 week low of $426.24 and a 52 week high of $640.90. The stock has a market cap of $89.87 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 5.02 and a beta of 0.05.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NOC. Castleview Partners LLC purchased a new stake in shares of Northrop Grumman in the fourth quarter valued at $293,000. Traynor Capital Management Inc. grew its holdings in Northrop Grumman by 2.0% during the 4th quarter. Traynor Capital Management Inc. now owns 23,423 shares of the aerospace company’s stock valued at $13,356,000 after purchasing an additional 461 shares during the last quarter. LVM Capital Management Ltd. MI raised its position in Northrop Grumman by 0.7% in the 4th quarter. LVM Capital Management Ltd. MI now owns 39,169 shares of the aerospace company’s stock worth $22,335,000 after purchasing an additional 284 shares during the period. CVA Family Office LLC lifted its stake in Northrop Grumman by 8.0% in the fourth quarter. CVA Family Office LLC now owns 244 shares of the aerospace company’s stock worth $139,000 after purchasing an additional 18 shares during the last quarter. Finally, Czech National Bank lifted its stake in Northrop Grumman by 3.5% in the fourth quarter. Czech National Bank now owns 35,376 shares of the aerospace company’s stock worth $20,172,000 after purchasing an additional 1,192 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 97 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $564.08, for a total transaction of $54,715.76. Following the sale, the director directly owned 4,281 shares in the company, valued at $2,414,826.48. This represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Kathy J. Warden sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $615.00, for a total value of $1,845,000.00. Following the completion of the sale, the chief executive officer directly owned 191,602 shares of the company’s stock, valued at $117,835,230. The trade was a 1.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,097 shares of company stock worth $6,099,716 over the last three months. 0.23% of the stock is currently owned by insiders.

Northrop Grumman Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were given a $2.31 dividend. The ex-dividend date was Monday, December 1st. This represents a $9.24 annualized dividend and a yield of 1.5%. Northrop Grumman’s dividend payout ratio (DPR) is currently 33.24%.

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.