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

Northrop Grumman (NYSE:NOC) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 24.950-25.350 for the period, compared to the consensus earnings per share estimate of 28.050. The company issued revenue guidance of $42.0 billion-$42.5 billion, compared to the consensus revenue estimate of $42.3 billion.

Northrop Grumman Trading Up 1.8 %

Shares of NOC opened at $472.27 on Thursday. Northrop Grumman has a twelve month low of $418.60 and a twelve month high of $555.57. The company has a current ratio of 1.01, a quick ratio of 0.91 and a debt-to-equity ratio of 0.96. The company’s fifty day simple moving average is $490.49 and its 200-day simple moving average is $491.13. The company has a market cap of $68.07 billion, a P/E ratio of 16.66, a P/E/G ratio of 3.73 and a beta of 0.20.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.27). The business had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $10.07 billion. Northrop Grumman had a return on equity of 26.24% and a net margin of 10.17%. As a group, analysts expect that Northrop Grumman will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were paid a $2.06 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $8.24 dividend on an annualized basis and a yield of 1.74%. Northrop Grumman’s dividend payout ratio is currently 29.08%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NOC. Truist Financial lowered their price target on Northrop Grumman from $600.00 to $550.00 and set a “buy” rating for the company in a report on Wednesday. Argus upgraded Northrop Grumman to a “strong-buy” rating in a report on Wednesday, February 26th. Royal Bank of Canada cut their price target on Northrop Grumman from $575.00 to $550.00 and set an “outperform” rating on the stock in a research note on Wednesday. StockNews.com downgraded Northrop Grumman from a “strong-buy” rating to a “buy” rating in a report on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Northrop Grumman from a “sell” rating to a “neutral” rating and increased their target price for the stock from $424.00 to $521.00 in a report on Friday, April 11th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $544.24.

Insider Transactions at Northrop Grumman

In related news, VP Benjamin R. Davies sold 192 shares of Northrop Grumman stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $429.08, for a total transaction of $82,383.36. Following the completion of the sale, the vice president now owns 709 shares of the company’s stock, valued at $304,217.72. The trade was a 21.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kathy J. Warden sold 3,750 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $475.65, for a total transaction of $1,783,687.50. Following the completion of the transaction, the chief executive officer now owns 212,852 shares in the company, valued at approximately $101,243,053.80. This trade represents a 1.73 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,505 shares of company stock worth $2,127,182. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Northrop Grumman

An institutional investor recently raised its position in Northrop Grumman stock. Brighton Jones LLC raised its holdings in Northrop Grumman Co. (NYSE:NOC) by 176.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,970 shares of the aerospace company’s stock after purchasing an additional 1,895 shares during the quarter. Brighton Jones LLC’s holdings in Northrop Grumman were worth $1,394,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 83.40% of the company’s stock.

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.