Northrop Grumman Corporation $NOC Shares Purchased by Themes Management Co LLC

Themes Management Co LLC grew its stake in Northrop Grumman Corporation (NYSE:NOC) by 67.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,046 shares of the aerospace company’s stock after acquiring an additional 2,832 shares during the period. Northrop Grumman accounts for about 3.0% of Themes Management Co LLC’s investment portfolio, making the stock its 5th biggest position. Themes Management Co LLC’s holdings in Northrop Grumman were worth $4,807,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Pictet Asset Management Holding SA lifted its stake in shares of Northrop Grumman by 7.0% during the first quarter. Pictet Asset Management Holding SA now owns 61,436 shares of the aerospace company’s stock valued at $41,914,000 after acquiring an additional 4,041 shares during the period. Vanguard Group Inc. increased its position in Northrop Grumman by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after purchasing an additional 209,135 shares during the period. New York State Teachers Retirement System increased its position in Northrop Grumman by 9.7% in the fourth quarter. New York State Teachers Retirement System now owns 111,927 shares of the aerospace company’s stock worth $63,822,000 after purchasing an additional 9,924 shares during the period. Nordea Investment Management AB bought a new stake in Northrop Grumman during the 4th quarter worth about $1,987,000. Finally, Geode Capital Management LLC raised its holdings in Northrop Grumman by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock worth $1,793,478,000 after purchasing an additional 17,948 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NOC. JPMorgan Chase & Co. reduced their target price on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a research note on Thursday. UBS Group boosted their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company restated an “overweight” rating and issued a $620.00 price objective on shares of Northrop Grumman in a report on Wednesday, July 8th. Raymond James Financial reaffirmed an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Finally, Citigroup lowered their target price on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average target price of $655.24.

Northrop Grumman Price Performance

Shares of NOC opened at $542.09 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 1 year low of $479.02 and a 1 year high of $774.00. The stock has a market cap of $76.99 billion, a P/E ratio of 17.22, a price-to-earnings-growth ratio of 3.52 and a beta of -0.10. The stock’s 50-day moving average price is $535.81 and its two-hundred day moving average price is $622.09.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.82 by $0.86. The company had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities analysts predict that Northrop Grumman Corporation will post 28.98 earnings per share for the current year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were issued a dividend of $2.47 per share. 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 1.8%. The ex-dividend date was Monday, June 1st. Northrop Grumman’s dividend payout ratio is presently 31.39%.

Northrop Grumman News Summary

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

• Positive Sentiment: Northrop Grumman’s Q2 earnings beat expectations, and the company lifted its full-year sales guidance while highlighting strong contract wins and a record backlog, reinforcing the investment case for the stock. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: Broader defense sector strength is helping sentiment, with defense ETFs benefiting from higher military spending, solid quarterly results across peers, and rising geopolitical tensions that could support future demand. Defense ETFs in Focus Amid Earnings, Conflict and Military Spending
• Positive Sentiment: Several articles and analyst notes say Northrop Grumman may still be undervalued or better positioned than other industrial names, which supports investor interest after the earnings report. How Much Could a $5,000 Investment in SpaceX Be Worth By 2030? Here’s Why This Industrial Stock May Be a Better Buy Today.
• Neutral Sentiment: Analysts remain mixed, with UBS reportedly sticking to a Buy rating while TD Cowen and JPMorgan lowered price targets, suggesting expectations are still being recalibrated after earnings.
• Neutral Sentiment: Northrop Grumman also drew attention for its new robotic satellite servicing vehicle and mission extension pods, which may support long-term space systems growth but are not an immediate earnings driver. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027

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.