Diversify Advisory Services LLC Acquires New Holdings in Northrop Grumman Corporation $NOC

Diversify Advisory Services LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,071 shares of the aerospace company’s stock, valued at approximately $1,134,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Torren Management LLC acquired a new stake in shares of Northrop Grumman in the fourth quarter valued at about $26,000. Karpus Management Inc. bought a new stake in shares of Northrop Grumman during the fourth quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Northrop Grumman in the 4th quarter valued at $29,000. Perkins Coie Trust Co acquired a new position in Northrop Grumman in the second quarter worth about $29,000. Finally, Financial Life Planners acquired a new position in shares of Northrop Grumman in the 1st quarter worth approximately $30,000. Institutional investors own 83.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NOC shares. Susquehanna reduced their price target on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research report on Wednesday, July 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $653.00 price objective on shares of Northrop Grumman in a research note on Wednesday, August 5th. The Goldman Sachs Group cut their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Citigroup boosted their target price on Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. lowered their target price on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $661.30.

Insiders Place Their Bets

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

Trending Headlines about Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Northrop Grumman’s board declared a quarterly dividend of $2.47 per share, payable September 16 to shareholders of record August 31. The payment reinforces the company’s commitment to returning capital while continuing investments in manufacturing capacity and technology. Northrop Grumman Board Declares Quarterly Dividend
• Positive Sentiment: NOC and Kratos secured a U.S. Marine Corps contract to deliver missionized Valkyrie autonomous aircraft, expanding Northrop Grumman’s position in uncrewed and collaborative defense systems. Northrop Grumman Lands Marine Corps Autonomous Aircraft Contract
• Positive Sentiment: TD Cowen raised its NOC price target to $590 from $550, although it maintained a “hold” rating, implying limited near-term upside. TD Cowen Raises Northrop Grumman Price Target
• Neutral Sentiment: Recent operational developments, including design progress on the E-2D Hawkeye upgrade and expansion of military training capabilities, support Northrop Grumman’s long-term defense portfolio but do not appear to represent a major new financial catalyst. Northrop Grumman Clears Design Review for E-2D Hawkeye Upgrade
• Negative Sentiment: Investors remain focused on higher capital spending required to expand production, which could pressure near-term free cash flow and margins despite strong demand. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman
• Negative Sentiment: Reported insider activity has consisted entirely of sales in the past six months, while more institutions reduced positions than added them in the latest quarter. These signals may be contributing to investor caution.

Northrop Grumman Price Performance

Shares of Northrop Grumman stock opened at $583.14 on Thursday. The stock has a market capitalization of $82.82 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 3.81 and a beta of -0.11. Northrop Grumman Corporation has a twelve month low of $479.02 and a twelve month high of $774.00. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. The company has a 50-day simple moving average of $541.15 and a two-hundred day simple moving average of $611.37.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The firm had revenue of $10.88 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same period in the previous year, the firm earned $8.15 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Analysts forecast that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Northrop Grumman Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be paid a dividend of $2.47 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $9.88 annualized dividend and a yield of 1.7%. Northrop Grumman’s payout ratio is presently 31.39%.

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.