Spirepoint Private Client LLC Grows Position in Northrop Grumman Corporation $NOC

Spirepoint Private Client LLC grew its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,868 shares of the aerospace company’s stock after buying an additional 1,212 shares during the period. Spirepoint Private Client LLC’s holdings in Northrop Grumman were worth $9,618,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in NOC. Holocene Advisors LP acquired a new stake in shares of Northrop Grumman during the third quarter worth $137,280,000. Bank of New York Mellon Corp boosted its holdings in shares of Northrop Grumman by 26.7% during the third quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock worth $640,534,000 after purchasing an additional 221,431 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Northrop Grumman by 7,202.7% during the fourth quarter. SG Americas Securities LLC now owns 167,232 shares of the aerospace company’s stock worth $95,357,000 after purchasing an additional 164,942 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Northrop Grumman by 41.2% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 443,465 shares of the aerospace company’s stock worth $270,212,000 after purchasing an additional 129,352 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Northrop Grumman by 0.8% during the third quarter. Vanguard Group Inc. now owns 13,531,586 shares of the aerospace company’s stock worth $8,245,066,000 after purchasing an additional 109,941 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Key Stories Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Operational win — Northrop launched U.S. Space Force satellites on a Minotaur IV rocket, reinforcing its launch-services credentials and direct revenue exposure to Space Force programs. Northrop Grumman launches US Space Force satellites on Minotaur IV rocket
• Positive Sentiment: Program execution — Northrop supplied two solid rocket boosters for NASA’s Artemis II (reported as generating 7.2M pounds of thrust), highlighting its role on high‑profile civil space programs and recurring propulsion revenue. What’s Next For Northrop Grumman Corp (NOC) After Investing Ahead of Need?
• Positive Sentiment: Product/tech demo — Northrop plans the first demo of an IBCS‑enabled Infantry Squad Vehicle (ISV) in late April, which could accelerate wins in integrated air‑and‑missile defense modernization if successful. Northrop Grumman Plans First Demo Of IBCS-Enabled ISV In Late April
• Positive Sentiment: Analyst tweak — Jefferies raised its price target from $690 to $710 (hold rating), a modest positive signal for near‑term upside expectations. Benzinga
• Neutral Sentiment: Analyst commentary roundup — Industry writeups and analyst notes are offering mixed takes on growth drivers across Northrop’s segments; useful context but not a single catalyst. Analysts Offer Insights on Industrial Goods Companies
• Negative Sentiment: B‑21 risk — A proposed FY‑2027 U.S. defense budget could slow planned B‑21 Raider procurement versus earlier expectations, hitting a core long‑term growth program and valuation assumptions if orders are downshifted. B‑21 Budget Uncertainty Tests Northrop Grumman Valuation And Growth Story
• Negative Sentiment: Macro/market pressure — Defense stocks have been mixed/soft after an Iran cease‑fire announcement and broader rotational moves; sentiment-driven flows can pressure NOC despite company‑level wins. Defense Stocks Mixed After Iran Cease-Fire

Northrop Grumman Price Performance

Shares of Northrop Grumman stock opened at $690.71 on Friday. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00. The stock has a market capitalization of $98.10 billion, a P/E ratio of 23.71, a PEG ratio of 5.10 and a beta of 0.04. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The business’s fifty day moving average price is $710.75 and its 200 day moving average price is $634.71.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, beating the consensus estimate of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The company had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the company posted $6.39 earnings per share. The firm’s revenue was up 9.6% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, research analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were given a $2.31 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.24 annualized dividend and a yield of 1.3%. Northrop Grumman’s dividend payout ratio (DPR) is 31.72%.

Insider Buying and Selling

In other Northrop Grumman news, CAO Michael A. Hardesty sold 147 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $732.98, for a total value of $107,748.06. Following the transaction, the chief accounting officer directly owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Benjamin R. Davies sold 2,189 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the transaction, the vice president directly owned 151 shares in the company, valued at $108,661.11. This trade represents a 93.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 22,431 shares of company stock valued at $15,924,404. 0.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NOC shares. Wells Fargo & Company started coverage on Northrop Grumman in a report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 price objective on the stock. Morgan Stanley restated an “overweight” rating and set a $765.00 price objective on shares of Northrop Grumman in a report on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. Wall Street Zen upgraded Northrop Grumman from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st. Finally, BTIG Research lifted their target price on Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $709.65.

Northrop Grumman 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.