Research Analysts’ Recent Ratings Updates for Northrop Grumman (NOC)

Several brokerages have updated their recommendations and price targets on shares of Northrop Grumman (NYSE: NOC) in the last few weeks:

• 8/13/2026 – Northrop Grumman had its price target raised by Citigroup Inc. from $617.00 to $667.00. They now have a “buy” rating on the stock.
• 8/12/2026 – Northrop Grumman was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 8/5/2026 – Northrop Grumman had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $653.00 price target on the stock.
• 7/29/2026 – Northrop Grumman was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 7/23/2026 – Northrop Grumman had its price target lowered by JPMorgan Chase & Co. from $635.00 to $600.00. They now have a “neutral” rating on the stock.
• 7/22/2026 – Northrop Grumman was given a new $615.00 price target by Deutsche Bank Aktiengesellschaft.
• 7/22/2026 – Northrop Grumman had its price target lowered by Susquehanna from $785.00 to $655.00. They now have a “positive” rating on the stock.
• 7/22/2026 – Northrop Grumman was given a new $500.00 price target by Robert W. Baird.
• 7/22/2026 – Northrop Grumman had its price target lowered by TD Cowen from $580.00 to $550.00. They now have a “hold” rating on the stock.
• 7/22/2026 – Northrop Grumman had its price target raised by UBS Group AG from $666.00 to $685.00. They now have a “buy” rating on the stock.
• 7/15/2026 – Northrop Grumman was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 7/15/2026 – Northrop Grumman was given a new $745.00 price target by Morgan Stanley.
• 7/14/2026 – Northrop Grumman had its price target lowered by The Goldman Sachs Group, Inc. from $603.00 to $533.00. They now have a “neutral” rating on the stock.
• 7/13/2026 – Northrop Grumman had its price target lowered by TD Cowen from $680.00 to $580.00. They now have a “hold” rating on the stock.
• 7/8/2026 – Northrop Grumman had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $620.00 price target on the stock.
• 7/1/2026 – Northrop Grumman had its price target lowered by Citigroup Inc. from $628.00 to $587.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Northrop Grumman had its price target lowered by Jefferies Financial Group Inc. from $620.00 to $580.00. They now have a “hold” rating on the stock.
• 6/18/2026 – Northrop Grumman was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.

Northrop Grumman Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a $2.47 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a yield of 1.7%. Northrop Grumman’s payout ratio is 31.39%.

Insider Buying and Selling

In related news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the sale, the director owned 4,393 shares in the company, valued at $2,405,299.29. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.

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.