Kiley Juergens Wealth Management LLC Takes $774,000 Position in Northrop Grumman Corporation $NOC

Kiley Juergens Wealth Management LLC bought a new position in Northrop Grumman Corporation (NYSE:NOC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,135 shares of the aerospace company’s stock, valued at approximately $774,000.

A number of other hedge funds have also added to or reduced their stakes in NOC. Torren Management LLC bought a new position in shares of Northrop Grumman in the fourth quarter valued at approximately $26,000. Karpus Management Inc. purchased a new stake in Northrop Grumman in the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in Northrop Grumman in the 3rd quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Northrop Grumman in the 4th quarter valued at $29,000. Finally, Motiv8 Investments LLC purchased a new position in shares of Northrop Grumman during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NOC. Weiss Ratings lowered Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Wall Street Zen lowered Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Morgan Stanley decreased their price objective on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. BTIG Research reaffirmed a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Finally, Jefferies Financial Group dropped their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $698.37.

Northrop Grumman Trading Down 0.0%

Northrop Grumman stock traded down $0.11 during trading hours on Tuesday, reaching $547.64. The stock had a trading volume of 146,722 shares, compared to its average volume of 948,696. The stock has a market cap of $77.78 billion, a PE ratio of 17.14, a PEG ratio of 3.74 and a beta of -0.10. Northrop Grumman Corporation has a 52 week low of $493.84 and a 52 week high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04. The company has a fifty day simple moving average of $544.85 and a 200-day simple moving average of $626.92.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The firm had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Analysts forecast that Northrop Grumman Corporation will post 27.95 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a dividend of $2.47 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s payout ratio is presently 30.92%.

Northrop Grumman Company Profile

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.