UBS Group Raises Northrop Grumman (NYSE:NOC) Price Target to $685.00

Northrop Grumman (NYSE:NOC) had its price objective boosted by investment analysts at UBS Group from $666.00 to $685.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. UBS Group’s price objective would suggest a potential upside of 29.76% from the stock’s previous close.

A number of other analysts have also recently weighed in on the stock. BTIG Research reiterated a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Jefferies Financial Group reduced their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a report on Friday, June 26th. Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Robert W. Baird set a $500.00 price target on Northrop Grumman in a report on Wednesday. Finally, Susquehanna set a $655.00 price target on Northrop Grumman in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $665.71.

Northrop Grumman Stock Up 3.0%

Shares of NYSE NOC traded up $15.62 during midday trading on Wednesday, hitting $527.91. 396,968 shares of the company’s stock were exchanged, compared to its average volume of 954,896. The firm’s fifty day simple moving average is $536.62 and its 200-day simple moving average is $623.35. The company has a market cap of $74.98 billion, a PE ratio of 16.53, a P/E/G ratio of 3.54 and a beta of -0.10. Northrop Grumman has a twelve month low of $479.02 and a twelve month high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the business earned $8.15 EPS. Northrop Grumman’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. Research analysts predict that Northrop Grumman will post 27.96 EPS for the current fiscal year.

Institutional Trading of Northrop Grumman

Several hedge funds have recently made changes to their positions in the company. Financial Life Planners purchased a new stake in shares of Northrop Grumman in the first quarter valued at about $30,000. Torren Management LLC purchased a new position in Northrop Grumman during the fourth quarter worth about $26,000. Karpus Management Inc. purchased a new position in Northrop Grumman during the fourth quarter worth about $26,000. Whipplewood Advisors LLC lifted its position in Northrop Grumman by 380.0% in the first quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Northrop Grumman in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman News Roundup

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

• Positive Sentiment: Northrop Grumman beat Q2 expectations, with EPS of $7.68 and revenue of $10.88 billion both topping analyst estimates, signaling solid execution across the business. Reuters article
• Positive Sentiment: The company raised full-year 2026 guidance, now calling for EPS of $28.60-$29.10 and revenue of $43.8 billion-$44.3 billion, which suggests management sees stronger growth ahead. Zacks article
• Positive Sentiment: Backlog reached a record level around $105 billion, supported by strong bookings and sustained weapons demand, which provides good revenue visibility for coming quarters. Yahoo Finance article
• Positive Sentiment: Management highlighted stronger growth momentum expected in the second half of 2026, reinforcing the view that the company’s defense programs are gaining traction. TipRanks article
• Neutral Sentiment: Several reports noted the stock had been weak despite the earnings beat, suggesting investors may be focusing on margins and broader defense-sector sentiment rather than just the headline results. Barron’s article
• Negative Sentiment: Some coverage pointed to margin pressures in key segments, which may be limiting enthusiasm even after the strong backlog and guidance raise. Yahoo Finance article

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.