MWA Asset Management Takes $644,000 Position in Northrop Grumman Corporation $NOC

MWA Asset Management purchased a new stake in Northrop Grumman Corporation (NYSE:NOC) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,057 shares of the aerospace company’s stock, valued at approximately $644,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Parvin Asset Management LLC acquired a new stake in Northrop Grumman in the second quarter valued at $25,000. NewSquare Capital LLC lifted its stake in Northrop Grumman by 75.0% in the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in Northrop Grumman during the second quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new position in Northrop Grumman during the third quarter worth approximately $42,000. Finally, AlphaQuest LLC raised its stake in Northrop Grumman by 29.2% in the second quarter. AlphaQuest LLC now owns 93 shares of the aerospace company’s stock valued at $46,000 after buying an additional 21 shares during the period. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Down 0.4%

NYSE NOC opened at $692.54 on Friday. The business has a fifty day moving average price of $599.59 and a two-hundred day moving average price of $588.40. The stock has a market capitalization of $98.28 billion, a PE ratio of 23.77, a PEG ratio of 5.09 and a beta of 0.05. Northrop Grumman Corporation has a fifty-two week low of $426.24 and a fifty-two week high of $705.45. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 0.98.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. The firm had revenue of $11.71 billion during the quarter, compared to analysts’ expectations of $11.61 billion. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities analysts expect that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 1st were issued a dividend of $2.31 per share. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, December 1st. Northrop Grumman’s payout ratio is 31.72%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Alembic Global Advisors raised shares of Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 price objective for the company in a research report on Monday, December 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Northrop Grumman in a report on Wednesday, December 24th. Susquehanna reiterated a “positive” rating and issued a $752.00 price target on shares of Northrop Grumman in a research note on Thursday, January 15th. Royal Bank Of Canada raised their price objective on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Vertical Research reaffirmed a “hold” rating and issued a $688.00 target price on shares of Northrop Grumman in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $688.72.

Insider Buying and Selling at Northrop Grumman

In related news, Director Mark A. Welsh III sold 97 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 4,281 shares of the company’s stock, valued at $2,414,826.48. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kathy J. Warden sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $615.00, for a total value of $1,845,000.00. Following the transaction, the chief executive officer owned 191,602 shares of the company’s stock, valued at $117,835,230. This trade represents a 1.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 10,097 shares of company stock worth $6,099,716. 0.23% of the stock is currently owned by insiders.

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.