Twin Capital Management Inc. purchased a new stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,159 shares of the aerospace company’s stock, valued at approximately $791,000.
Several other institutional investors also recently bought and sold shares of the business. Financial Life Planners acquired a new stake in shares of Northrop Grumman in the first quarter worth $30,000. Torren Management LLC purchased a new stake in Northrop Grumman during the 4th quarter worth $26,000. Karpus Management Inc. acquired a new stake in Northrop Grumman in the 4th quarter valued at $26,000. Whipplewood Advisors LLC increased its holdings in Northrop Grumman by 380.0% in the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 38 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Northrop Grumman in the 4th quarter valued at $29,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on NOC. Morgan Stanley set a $745.00 target price on Northrop Grumman in a research report on Wednesday. Jefferies Financial Group dropped their target price on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th. Wells Fargo & Company reissued an “overweight” rating and set a $620.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 8th. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. Finally, Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus price target of $676.29.
More Northrop Grumman News
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: Analysts and market commentary continue to highlight Northrop Grumman’s strong defense backlog and long-term demand outlook, which supports revenue visibility and could help offset near-term volatility. Northrop Grumman to Post Q2 Earnings: Here’s What to Expect
- Positive Sentiment: Morgan Stanley reportedly named Northrop Grumman one of its top defense stocks, reinforcing the view that the company remains a favored name in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
- Neutral Sentiment: Multiple preview pieces are focusing on key Q2 operating metrics, suggesting the stock may react to details on execution, cash flow, and contract performance rather than just headline EPS and revenue. Wall Street’s Insights Into Key Metrics Ahead of Northrop Grumman (NOC) Q2 Earnings
- Neutral Sentiment: Northrop’s Sentinel program remains a key watch item, with investors waiting to see whether job expansion and program updates point to stronger execution or added cost pressure. Northrop Grumman Planning To Add Hundreds Of Jobs For Sentinel
- Negative Sentiment: Some analysts have trimmed price targets and lowered fair value estimates, signaling more caution about near-term upside and execution risk. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets
Northrop Grumman Trading Down 1.3%
NYSE:NOC opened at $518.19 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman Corporation has a one year low of $493.84 and a one year high of $774.00. The business’s 50-day simple moving average is $538.60 and its 200 day simple moving average is $624.52. The stock has a market cap of $73.60 billion, a price-to-earnings ratio of 16.22, a price-to-earnings-growth ratio of 3.55 and a beta of -0.10.
Northrop Grumman (NYSE:NOC – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm earned $6.06 EPS. Northrop Grumman’s quarterly revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, sell-side analysts predict that Northrop Grumman Corporation will post 27.95 earnings per share for the current fiscal year.
Northrop Grumman Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were paid a dividend of $2.47 per share. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. Northrop Grumman’s dividend payout ratio (DPR) is currently 30.92%.
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.
Further Reading
- Five stocks we like better than Northrop Grumman
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding NOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Northrop Grumman Corporation (NYSE:NOC – Free Report).
Receive News & Ratings for Northrop Grumman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northrop Grumman and related companies with MarketBeat.com's FREE daily email newsletter.
