Capital Analysts LLC Has $4.02 Million Holdings in Northrop Grumman Corporation $NOC

Capital Analysts LLC lifted its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 44.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,042 shares of the aerospace company’s stock after purchasing an additional 2,166 shares during the quarter. Capital Analysts LLC’s holdings in Northrop Grumman were worth $4,015,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised 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 purchasing an additional 209,135 shares during the last quarter. Nkcfo LLC bought a new position in Northrop Grumman in the 3rd quarter valued at $2,986,000. New York State Teachers Retirement System raised 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 purchasing an additional 9,924 shares during the last quarter. Nordea Investment Management AB bought a new position in Northrop Grumman in the 4th quarter valued at $1,987,000. Finally, Principal Financial Group Inc. raised its position in Northrop Grumman by 1.3% in the 4th quarter. Principal Financial Group Inc. now owns 158,958 shares of the aerospace company’s stock valued at $90,639,000 after purchasing an additional 2,025 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NOC. Wall Street Zen downgraded Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Citigroup cut their price objective on Northrop Grumman from $742.00 to $628.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Weiss Ratings downgraded Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Jefferies Financial Group cut their price objective on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, UBS Group dropped their target price on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and a consensus price target of $702.63.

Northrop Grumman Trading Down 1.1%

NYSE NOC opened at $542.55 on Thursday. The stock has a 50-day simple moving average of $595.41 and a 200 day simple moving average of $631.06. The company has a market capitalization of $77.06 billion, a PE ratio of 16.98, a P/E/G ratio of 3.74 and a beta of -0.12. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 12 month low of $472.02 and a 12 month high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. The business had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Research analysts forecast that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

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

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.