BDFS Capital LLC Buys Shares of 3,366 Northrop Grumman Corporation $NOC

BDFS Capital LLC bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,366 shares of the aerospace company’s stock, valued at approximately $1,919,000. Northrop Grumman comprises approximately 1.0% of BDFS Capital LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in NOC. Brighton Jones LLC boosted its position in Northrop Grumman by 176.3% during the 4th quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after purchasing an additional 1,895 shares during the period. Bison Wealth LLC increased its position in Northrop Grumman by 5.3% in the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock worth $301,000 after buying an additional 32 shares during the period. Woodline Partners LP increased its position in Northrop Grumman by 367.7% in the first quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after buying an additional 1,978 shares during the period. AXA S.A. lifted its stake in Northrop Grumman by 1,487.8% in the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock valued at $8,169,000 after buying an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Northrop Grumman by 6.7% in the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock valued at $4,432,000 after buying an additional 553 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Price Performance

Shares of NOC opened at $521.85 on Friday. The firm has a market capitalization of $74.12 billion, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 3.75 and a beta of -0.12. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman Corporation has a one year low of $481.28 and a one year high of $774.00. The stock’s fifty day moving average is $577.31 and its 200-day moving average is $630.06.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $6.06 by $0.08. The business had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities analysts anticipate that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

The business 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. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is 30.92%.

Analyst Upgrades and Downgrades

NOC has been the subject of several recent research reports. Weiss Ratings lowered shares of Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Wells Fargo & Company began coverage on shares of Northrop Grumman in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price objective on the stock. UBS Group reduced their target price on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Jefferies Financial Group decreased their target price on shares of Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, Wall Street Zen lowered shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $702.63.

Northrop Grumman 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.