2,385 Shares in Northrop Grumman Corporation $NOC Purchased by Compass Financial Management LLC

Compass Financial Management LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,385 shares of the aerospace company’s stock, valued at approximately $1,315,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NOC. BlackRock Inc. bought a new position in Northrop Grumman in the 2nd quarter worth about $6,001,616,000. Capital World Investors raised 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. Bank of New York Mellon Corp bought a new stake in shares of Northrop Grumman during the second quarter valued at approximately $376,135,000. J. Stern & Co. LLP raised its holdings in shares of Northrop Grumman by 56,920.9% during the fourth quarter. J. Stern & Co. LLP now owns 421,955 shares of the aerospace company’s stock valued at $240,603,000 after buying an additional 421,215 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of Northrop Grumman during the second quarter worth approximately $194,058,000. 83.40% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the transaction, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. This trade represents a 2.12% decrease in their position. The sale was disclosed in a document filed 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. Company insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

NOC has been the subject of a number of recent analyst reports. Susquehanna decreased their price objective on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating for the company in a report on Wednesday, July 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $620.00 target price on shares of Northrop Grumman in a research note on Wednesday, July 8th. JPMorgan Chase & Co. reduced their price target on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. TD Cowen increased their price target on Northrop Grumman from $550.00 to $590.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Citigroup raised their price target on Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $661.30.

Northrop Grumman Trading Down 2.1%

Northrop Grumman stock opened at $552.29 on Friday. The firm has a 50 day simple moving average of $541.45 and a 200-day simple moving average of $610.05. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. The stock has a market capitalization of $78.44 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 3.57 and a beta of -0.11. Northrop Grumman Corporation has a 12-month low of $479.02 and a 12-month high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 EPS 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 business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter last year, the business earned $8.15 earnings per share. The business’s revenue for the quarter 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 research analysts expect that Northrop Grumman Corporation will post 28.97 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st will be given a dividend of $2.47 per share. The ex-dividend date is Monday, August 31st. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. 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.