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.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $700.00 price objective on shares of Northrop Grumman and gave the stock a “buy” rating in a report on Wednesday, October 8th. Royal Bank Of Canada increased their target price on shares of Northrop Grumman from $600.00 to $625.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Northrop Grumman in a research report on Tuesday, October 14th. Barclays increased their target price on shares of Northrop Grumman from $500.00 to $580.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 29th. Finally, Bank of America increased their target price on shares of Northrop Grumman from $550.00 to $650.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $617.50.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $599.45 on Wednesday. The company has a 50 day moving average of $593.28 and a 200 day moving average of $538.58. The stock has a market cap of $85.83 billion, a P/E ratio of 22.10, a P/E/G ratio of 5.85 and a beta of 0.10. Northrop Grumman has a 12 month low of $426.24 and a 12 month high of $640.90. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, beating the consensus estimate of $6.43 by $1.24. The company had revenue of $10.42 billion during the quarter, compared to analysts’ expectations of $10.68 billion. Northrop Grumman had a net margin of 9.74% and a return on equity of 25.52%. Northrop Grumman’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. As a group, sell-side analysts forecast that Northrop Grumman will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd were paid a dividend of $2.31 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $9.24 annualized dividend and a yield of 1.5%. Northrop Grumman’s payout ratio is currently 34.06%.

Institutional Investors Weigh In On Northrop Grumman

Several hedge funds have recently bought and sold shares of the stock. Bison Wealth LLC lifted its position in Northrop Grumman by 5.3% during the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after purchasing an additional 32 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Northrop Grumman by 2.6% during the second quarter. Smartleaf Asset Management LLC now owns 1,506 shares of the aerospace company’s stock valued at $744,000 after purchasing an additional 38 shares during the last quarter. ICONIQ Capital LLC lifted its position in Northrop Grumman by 9.4% during the second quarter. ICONIQ Capital LLC now owns 546 shares of the aerospace company’s stock valued at $273,000 after purchasing an additional 47 shares during the last quarter. Glenview Trust co lifted its position in Northrop Grumman by 2.5% during the second quarter. Glenview Trust co now owns 1,917 shares of the aerospace company’s stock valued at $958,000 after purchasing an additional 47 shares during the last quarter. Finally, Challenger Wealth Management lifted its position in Northrop Grumman by 4.9% during the second quarter. Challenger Wealth Management now owns 1,432 shares of the aerospace company’s stock valued at $716,000 after purchasing an additional 67 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors.

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.