MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,409 shares of the aerospace company’s stock, valued at approximately $961,000.
Several other institutional investors also recently bought and sold shares of the stock. Kestra Investment Management LLC lifted its stake in Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 15 shares in the last quarter. Evolution Wealth Management Inc. grew its position in shares of Northrop Grumman by 6.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after purchasing an additional 15 shares in the last quarter. Howard Financial Services LTD. grew its position in shares of Northrop Grumman by 1.4% during the fourth quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock valued at $651,000 after purchasing an additional 16 shares in the last quarter. Frank Rimerman Advisors LLC increased its holdings in shares of Northrop Grumman by 0.8% in the fourth quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock worth $1,125,000 after purchasing an additional 16 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its holdings in shares of Northrop Grumman by 0.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock worth $2,288,000 after purchasing an additional 16 shares during the last quarter. 83.40% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
NOC has been the topic of a number of research analyst reports. BTIG Research reiterated a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Citigroup cut their price target on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Raymond James Financial reaffirmed an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Jefferies Financial Group decreased their price objective on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th. Finally, The Goldman Sachs Group lowered their target price on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $676.29.
Key Headlines Impacting Northrop Grumman
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: Northrop Grumman broke ground on a new Utah facility tied to the Sentinel ICBM program and other advanced aerospace missions, reinforcing long-term defense spending demand and signaling continued investment in growth. Northrop Grumman Breaks Ground on New Facility to Support Strategic Deterrence and Advanced Aerospace Missions in Utah
- Positive Sentiment: Analysts continue to view Northrop Grumman as a potential earnings beat ahead of its quarterly report, with expectations that the company has the right mix of factors to top estimates. Northrop Grumman (NOC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Positive Sentiment: Morgan Stanley included Northrop Grumman in its top defense stock picks, suggesting institutional confidence in the name even as it highlighted broader upside in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
- Neutral Sentiment: Other articles reinforced the idea that defense contractors can benefit from long-term space and missile-defense spending, which supports the sector backdrop for NOC. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
- Neutral Sentiment: There was also coverage about BAE Systems expanding in radar, which highlights competitive activity in adjacent defense markets but does not directly change Northrop Grumman’s near-term outlook. Is BAE Systems Expanding Its Presence in the Radar Market?
- Negative Sentiment: At the same time, analysts trimmed Northrop Grumman’s fair value estimate and lowered price targets, pointing to more cautious expectations for near-term execution and upside. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets
Northrop Grumman Stock Down 0.5%
Shares of NYSE NOC opened at $525.96 on Thursday. 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 $493.84 and a 12-month high of $774.00. The firm’s 50-day moving average price is $539.25 and its 200-day moving average price is $624.94. The stock has a market capitalization of $74.70 billion, a price-to-earnings ratio of 16.46, a P/E/G ratio of 3.58 and a beta of -0.10.
Northrop Grumman (NYSE:NOC – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping the consensus estimate of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the business posted $6.06 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, equities research analysts anticipate that Northrop Grumman Corporation will post 27.95 EPS for the current fiscal year.
Northrop Grumman Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were issued a $2.47 dividend. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. Northrop Grumman’s dividend payout ratio (DPR) 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.
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