Danske Bank A S Has $22.06 Million Position in Northrop Grumman Corporation $NOC

Danske Bank A S lessened its stake in Northrop Grumman Corporation (NYSE:NOC) by 5.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 43,308 shares of the aerospace company’s stock after selling 2,355 shares during the period. Danske Bank A S’s holdings in Northrop Grumman were worth $22,057,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC raised its holdings in Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after acquiring an additional 15 shares in the last quarter. Evolution Wealth Management Inc. grew its holdings in shares of Northrop Grumman by 6.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after purchasing an additional 15 shares in the last quarter. Golden State Equity Partners increased its position 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 valued at $762,000 after purchasing an additional 16 shares during the period. Diversified Portfolios Inc. increased its position 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 valued at $1,020,000 after purchasing an additional 16 shares during the period. Finally, South Plains Financial Inc. raised its stake 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 purchasing an additional 16 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.

More Northrop Grumman News

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

• Positive Sentiment: Dividend reaffirmed: Northrop Grumman declared a quarterly dividend of $2.47 per share, payable September 16 to shareholders of record on August 31. The roughly 1.7% indicated yield and continued investment in manufacturing capacity support the company’s shareholder-return and capital-allocation story. Northrop Grumman Board Declares Quarterly Dividend
• Positive Sentiment: Autonomous aircraft contract: Northrop Grumman and Kratos won a U.S. Marine Corps MUX TACAIR CCA contract to deliver missionized Valkyrie aircraft. The award expands NOC’s exposure to autonomous, collaborative uncrewed systems and advanced defense electronics. Northrop Grumman Lands Marine Corps Autonomous Aircraft Contract
• Positive Sentiment: Post-earnings momentum: Zacks reported that NOC had gained approximately 11% since its latest earnings release, when the company exceeded consensus EPS and revenue estimates. The results showed 5.1% year-over-year revenue growth and reinforced full-year 2026 EPS guidance of $28.60–$29.10. Why Is Northrop Grumman Up Since Its Last Earnings Report?
• Neutral Sentiment: Analyst view remains cautious: TD Cowen raised its price target from $550 to $590 but retained a “Hold” rating, suggesting limited near-term upside. Other recent targets range widely, highlighting uncertainty over valuation and execution.
• Negative Sentiment: Insider selling: Reported insider activity shows 26 open-market sales and no purchases over the past six months. While these transactions may reflect routine compensation or diversification, the one-sided pattern can weigh on investor sentiment.

Northrop Grumman Stock Down 3.2%

Shares of NYSE NOC opened at $563.90 on Friday. The stock has a market cap of $80.09 billion, a PE ratio of 17.91, a PEG ratio of 3.77 and a beta of -0.11. The business has a fifty day moving average of $541.39 and a two-hundred day moving average of $610.46. Northrop Grumman Corporation has a 52-week low of $479.02 and a 52-week high of $774.00. 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 (NYSE:NOC) last issued its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The company had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the company earned $8.15 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be given a $2.47 dividend. The ex-dividend date is Monday, August 31st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. Northrop Grumman’s payout ratio is 31.39%.

Insiders Place Their Bets

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction dated 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 directly owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. This represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on NOC shares. Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. The Goldman Sachs Group dropped 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 note on Tuesday, July 14th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $653.00 price objective on shares of Northrop Grumman in a report on Wednesday, August 5th. Robert W. Baird set a $500.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $620.00 target price on shares of Northrop Grumman in a research note on Wednesday, July 8th. One research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $661.30.

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.