LVM Capital Management Ltd. MI Has $20.45 Million Stake in Northrop Grumman Corporation $NOC

LVM Capital Management Ltd. MI increased its position in Northrop Grumman Corporation (NYSE:NOC) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,145 shares of the aerospace company’s stock after purchasing an additional 1,199 shares during the period. Northrop Grumman makes up 1.7% of LVM Capital Management Ltd. MI’s investment portfolio, making the stock its 17th largest holding. LVM Capital Management Ltd. MI’s holdings in Northrop Grumman were worth $20,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Northrop Grumman by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after buying an additional 209,135 shares in the last quarter. Capital World Investors grew its holdings in shares of Northrop Grumman by 39.4% during the fourth quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock valued at $1,958,151,000 after buying an additional 970,029 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Northrop Grumman by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock worth $1,793,478,000 after acquiring an additional 17,948 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Northrop Grumman by 4.3% during the fourth quarter. Franklin Resources Inc. now owns 3,125,139 shares of the aerospace company’s stock worth $1,781,986,000 after acquiring an additional 128,855 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Northrop Grumman by 3.9% in the 4th quarter. Invesco Ltd. now owns 1,666,517 shares of the aerospace company’s stock worth $950,265,000 after acquiring an additional 62,817 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Insider Activity

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the transaction, the director owned 4,393 shares in the company, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NOC shares. Deutsche Bank Aktiengesellschaft set a $615.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 22nd. Sanford C. Bernstein reissued a “market perform” rating and issued a $653.00 price objective on shares of Northrop Grumman in a research note on Wednesday, August 5th. Susquehanna dropped their target price on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a report on Wednesday, July 22nd. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $620.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $655.30.

Northrop Grumman Stock Performance

Shares of NOC stock opened at $577.11 on Tuesday. The firm has a market cap of $81.97 billion, a price-to-earnings ratio of 18.33, a P/E/G ratio of 3.70 and a beta of -0.11. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. Northrop Grumman Corporation has a 52 week low of $479.02 and a 52 week high of $774.00. The firm’s 50-day simple moving average is $535.65 and its two-hundred day simple moving average is $616.08.

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

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a $2.47 dividend. This is an increase 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%. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

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.