Y Intercept Hong Kong Ltd Has $4.33 Million Holdings in Northrop Grumman Corporation $NOC

Y Intercept Hong Kong Ltd lessened its holdings in Northrop Grumman Corporation (NYSE:NOC) by 43.1% during the 1st quarter, Holdings Channel reports. The firm owned 6,342 shares of the aerospace company’s stock after selling 4,809 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Northrop Grumman were worth $4,327,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Pictet Asset Management Holding SA boosted its holdings in shares of Northrop Grumman by 7.0% in the first quarter. Pictet Asset Management Holding SA now owns 61,436 shares of the aerospace company’s stock valued at $41,914,000 after buying an additional 4,041 shares during the period. Vanguard Group Inc. lifted its position in Northrop Grumman by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after acquiring an additional 209,135 shares in the last quarter. New York State Teachers Retirement System lifted its position in Northrop Grumman by 9.7% in the 4th quarter. New York State Teachers Retirement System now owns 111,927 shares of the aerospace company’s stock valued at $63,822,000 after acquiring an additional 9,924 shares in the last quarter. Nordea Investment Management AB bought a new position in Northrop Grumman during the 4th quarter worth about $1,987,000. Finally, Geode Capital Management LLC raised its stake in shares of Northrop Grumman by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock valued at $1,793,478,000 after purchasing an additional 17,948 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Trading Down 0.2%

Northrop Grumman stock opened at $547.81 on Monday. The stock has a 50-day simple moving average of $544.85 and a 200 day simple moving average of $626.92. The stock has a market capitalization of $77.81 billion, a P/E ratio of 17.15, a PEG ratio of 3.74 and a beta of -0.10. 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 52 week low of $493.84 and a 52 week high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the company earned $6.06 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Northrop Grumman Corporation will post 27.95 earnings per share for the current year.

Northrop Grumman Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a $2.47 dividend. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is currently 30.92%.

More Northrop Grumman News

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

• Positive Sentiment: Northrop Grumman won a roughly $312.34 million contract modification to keep producing Surface Electronic Warfare Improvement Program (SEWIP) Block 3 systems for the U.S. Navy, extending work through August 2029 and reinforcing multi-year revenue visibility. Article Title
• Positive Sentiment: Additional coverage highlighted the award as evidence of strong demand for advanced electronic warfare and mission-critical defense technology, which supports the bullish case for NOC’s order pipeline. Article Title
• Positive Sentiment: Analysts and market commentary also pointed to Northrop Grumman’s recent contract wins in space, propulsion, and missile systems, plus its reaffirmed 2026 outlook and upcoming July 21 earnings date, as reasons investors are rotating into the stock. Article Title

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wells Fargo & Company began coverage on Northrop Grumman in a research report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 price objective for the company. BTIG Research reiterated a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Citigroup reduced their price target on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Weiss Ratings lowered Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Finally, Morgan Stanley dropped their price objective on Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $698.37.

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.