Northrop Grumman (NYSE:NOC) Releases FY 2025 Earnings Guidance

Northrop Grumman (NYSE:NOC) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 25.650-26.050 for the period, compared to the consensus estimate of 25.960. The company issued revenue guidance of $41.7 billion-$41.9 billion, compared to the consensus revenue estimate of $42.2 billion.

Northrop Grumman Stock Down 0.6%

NYSE NOC opened at $595.81 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98. The stock’s 50 day moving average is $593.56 and its two-hundred day moving average is $538.98. The company has a market capitalization of $85.31 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 6.03 and a beta of 0.10. Northrop Grumman has a 1-year low of $426.24 and a 1-year high of $640.90.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 earnings per share for the quarter, beating analysts’ consensus estimates of $6.43 by $1.24. The company had revenue of $10.42 billion for the quarter, compared to the consensus estimate of $10.68 billion. Northrop Grumman had a return on equity of 25.80% and a net margin of 9.82%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. Equities analysts forecast that Northrop Grumman will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd were given a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Northrop Grumman’s payout ratio is 34.06%.

Analysts Set New Price Targets

Several analysts have commented on NOC shares. JPMorgan Chase & Co. upped their target price on shares of Northrop Grumman from $575.00 to $640.00 and gave the company a “neutral” rating in a research report on Wednesday. Royal Bank Of Canada upped their target price on shares of Northrop Grumman from $600.00 to $625.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. UBS Group upped their target price on shares of Northrop Grumman to $770.00 and gave the company a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $700.00 price objective on shares of Northrop Grumman and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, Susquehanna upped their price objective on shares of Northrop Grumman from $650.00 to $690.00 and gave the company a “positive” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus price target of $641.27.

Hedge Funds Weigh In On Northrop Grumman

A number of large investors have recently modified their holdings of the business. Raymond James Financial Inc. boosted its stake in shares of Northrop Grumman by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 379,834 shares of the aerospace company’s stock worth $189,909,000 after buying an additional 19,572 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Northrop Grumman by 14.3% in the 2nd quarter. Alliancebernstein L.P. now owns 307,207 shares of the aerospace company’s stock valued at $153,597,000 after purchasing an additional 38,321 shares during the period. Vident Advisory LLC raised its holdings in shares of Northrop Grumman by 39.9% in the 2nd quarter. Vident Advisory LLC now owns 198,574 shares of the aerospace company’s stock valued at $99,283,000 after purchasing an additional 56,627 shares during the period. Adage Capital Partners GP L.L.C. raised its holdings in shares of Northrop Grumman by 322.2% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 110,920 shares of the aerospace company’s stock valued at $55,458,000 after purchasing an additional 84,645 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Northrop Grumman by 16.4% in the 2nd quarter. Quantinno Capital Management LP now owns 64,060 shares of the aerospace company’s stock valued at $32,029,000 after purchasing an additional 9,034 shares during the period. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Company Profile

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.