Pavion Blue Capital LLC Takes Position in Northrop Grumman Corporation $NOC

Pavion Blue Capital LLC acquired a new position in Northrop Grumman Corporation (NYSE:NOC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,938 shares of the aerospace company’s stock, valued at approximately $987,000.

Several other large investors have also made changes to their positions in the business. Kestra Investment Management LLC boosted its stake in Northrop Grumman by 4.4% during the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after purchasing an additional 15 shares during the period. Evolution Wealth Management Inc. increased its position in Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after buying an additional 15 shares during the period. Golden State Equity Partners lifted its holdings in shares of Northrop Grumman by 1.2% during the fourth quarter. Golden State Equity Partners now owns 1,337 shares of the aerospace company’s stock worth $762,000 after buying an additional 16 shares during the last quarter. Diversified Portfolios Inc. lifted its holdings in shares of Northrop Grumman by 0.9% during the fourth quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock worth $1,020,000 after buying an additional 16 shares during the last quarter. Finally, South Plains Financial Inc. boosted its position in shares of Northrop Grumman by 1.8% in the fourth quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock valued at $511,000 after acquiring an additional 16 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NYSE:NOC opened at $570.59 on Tuesday. The firm has a market capitalization of $81.04 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 12-month low of $479.02 and a 12-month high of $774.00. The firm has a 50-day moving average price of $539.49 and a 200 day moving average price of $612.84.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data 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 return on equity of 24.25% and a net margin of 10.48%.The company had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the previous year, the business 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. Research analysts anticipate that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Insider Activity at Northrop Grumman

In related news, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was 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 of the company’s stock, valued at $2,405,299.29. The trade was a 2.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NOC. Deutsche Bank Aktiengesellschaft set a $615.00 price objective on shares of Northrop Grumman in a research note on Wednesday, July 22nd. Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a report on Wednesday, July 15th. BTIG Research restated a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Weiss Ratings downgraded shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, The Goldman Sachs Group cut their price objective on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $659.30.

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.