Universal Beteiligungs und Servicegesellschaft mbH Sells 467 Shares of Northrop Grumman Corporation $NOC

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 1.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 33,504 shares of the aerospace company’s stock after selling 467 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Northrop Grumman were worth $16,751,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NOC. Vanguard Group Inc. increased its holdings in Northrop Grumman by 4.6% during the first quarter. Vanguard Group Inc. now owns 13,266,301 shares of the aerospace company’s stock valued at $6,792,479,000 after buying an additional 588,520 shares during the period. Wellington Management Group LLP boosted its position in Northrop Grumman by 23.4% during the 1st quarter. Wellington Management Group LLP now owns 5,139,333 shares of the aerospace company’s stock valued at $2,631,390,000 after acquiring an additional 974,633 shares in the last quarter. Geode Capital Management LLC boosted its position in Northrop Grumman by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 3,115,519 shares of the aerospace company’s stock valued at $1,554,299,000 after acquiring an additional 14,980 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Northrop Grumman by 10.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,241,144 shares of the aerospace company’s stock valued at $1,147,489,000 after acquiring an additional 210,500 shares during the period. Finally, Invesco Ltd. raised its position in shares of Northrop Grumman by 12.1% in the 1st quarter. Invesco Ltd. now owns 1,944,186 shares of the aerospace company’s stock worth $995,443,000 after acquiring an additional 210,506 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC stock opened at $566.77 on Wednesday. Northrop Grumman Corporation has a fifty-two week low of $426.24 and a fifty-two week high of $640.90. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.98 and a current ratio of 1.11. The firm has a market capitalization of $80.89 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 5.07 and a beta of 0.07. The stock’s 50-day simple moving average is $589.74 and its 200-day simple moving average is $549.56.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, topping analysts’ consensus estimates 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 9.82% and a return on equity of 25.49%. Northrop Grumman’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the business earned $7.00 EPS. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. As a group, equities analysts forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen raised Northrop Grumman from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Northrop Grumman in a research report on Tuesday, October 14th. JPMorgan Chase & Co. raised their price target on shares of Northrop Grumman from $575.00 to $640.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Morgan Stanley boosted their price objective on shares of Northrop Grumman from $625.00 to $720.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Finally, BNP Paribas Exane began coverage on shares of Northrop Grumman in a research report on Tuesday. They set an “outperform” rating and a $710.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and an average target price of $646.94.

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.