Hantz Financial Services Inc. Lowers Holdings in Northrop Grumman Corporation $NOC

Hantz Financial Services Inc. cut its position in Northrop Grumman Corporation (NYSE:NOC) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,660 shares of the aerospace company’s stock after selling 2,376 shares during the quarter. Hantz Financial Services Inc.’s holdings in Northrop Grumman were worth $6,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Life Planners purchased a new stake in Northrop Grumman in the 3rd quarter worth approximately $27,000. Torren Management LLC purchased a new stake in Northrop Grumman in the 4th quarter worth approximately $26,000. Physician Wealth Advisors Inc. lifted its stake in Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 32 shares in the last quarter. Hopwood Financial Services Inc. purchased a new stake in Northrop Grumman in the 3rd quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman in the 4th quarter worth approximately $29,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $556.01 on Tuesday. The company’s fifty day moving average price is $633.00 and its 200-day moving average price is $632.65. The firm has a market capitalization of $78.97 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a one year low of $468.29 and a one year high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, beating the consensus estimate of $6.06 by $0.08. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm earned $6.06 EPS. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, equities research analysts anticipate that Northrop Grumman Corporation will post 27.93 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be issued a dividend of $2.47 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s payout ratio is 28.92%.

Analyst Upgrades and Downgrades

NOC has been the topic of several recent analyst reports. Morgan Stanley lowered their target price on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Wells Fargo & Company initiated coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price target on the stock. BTIG Research reissued a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a report on Wednesday, April 22nd. Vertical Research reissued a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a report on Tuesday, January 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $704.74.

About Northrop Grumman

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.