Weekly Research Analysts’ Ratings Changes for Northrop Grumman (NOC)

A number of research firms have changed their ratings and price targets for Northrop Grumman (NYSE: NOC):

• 4/26/2026 – Northrop Grumman was given a new $660.00 price target by Jefferies Financial Group Inc..
• 4/25/2026 – Northrop Grumman was downgraded by Wall Street Zen from “strong-buy” to “hold”.
• 4/23/2026 – Northrop Grumman had its price target lowered by UBS Group AG from $806.00 to $745.00. They now have a “buy” rating on the stock.
• 4/23/2026 – Northrop Grumman had its price target lowered by Citigroup Inc. from $807.00 to $742.00. They now have a “buy” rating on the stock.
• 4/22/2026 – Northrop Grumman had its price target lowered by Morgan Stanley from $765.00 to $745.00. They now have an “overweight” rating on the stock.
• 4/22/2026 – Northrop Grumman had its “buy” rating reaffirmed by BTIG Research. They now have a $815.00 price target on the stock.
• 4/9/2026 – Northrop Grumman had its price target raised by Jefferies Financial Group Inc. from $690.00 to $710.00. They now have a “hold” rating on the stock.
• 4/2/2026 – Northrop Grumman had its price target raised by Citigroup Inc. from $781.00 to $807.00. They now have a “buy” rating on the stock.
• 4/1/2026 – Northrop Grumman is now covered by Wells Fargo & Company. They set an “overweight” rating and a $800.00 price target on the stock.
• 3/31/2026 – Northrop Grumman was upgraded by Wells Fargo & Company to “strong-buy”.
• 3/23/2026 – Northrop Grumman had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 3/21/2026 – Northrop Grumman was upgraded by Wall Street Zen from “buy” to “strong-buy”.

Northrop Grumman Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were paid a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is currently 28.92%.

Insider Buying and Selling at Northrop Grumman

In other news, VP Benjamin R. Davies sold 2,189 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total value of $1,575,226.29. Following the transaction, the vice president directly owned 151 shares in the company, valued at $108,661.11. This trade represents a 93.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the transaction, the chief executive officer owned 171,602 shares in the company, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 22,336 shares of company stock worth $15,859,374. Insiders own 0.21% of the company’s stock.

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.