1,159 Shares in Northrop Grumman Corporation $NOC Acquired by Twin Capital Management Inc.

Twin Capital Management Inc. purchased a new stake in Northrop Grumman Corporation (NYSE:NOCFree 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.

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More Northrop Grumman News

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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:NOCGet 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

(Free Report)

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

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Institutional Ownership by Quarter for Northrop Grumman (NYSE:NOC)

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