Northrop Grumman Corporation $NOC Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 42.6% during the second quarter, Holdings Channel reports. The institutional investor owned 16,441 shares of the aerospace company’s stock after buying an additional 4,913 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Northrop Grumman were worth $8,374,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NOC. Kestra Investment Management LLC grew its holdings in Northrop Grumman by 4.4% during the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 15 shares in the last quarter. Evolution Wealth Management Inc. increased its position in shares of Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after purchasing an additional 15 shares during the last quarter. Golden State Equity Partners raised its holdings in shares of Northrop Grumman by 1.2% in the 4th 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 in the last quarter. Diversified Portfolios Inc. raised its holdings in shares of Northrop Grumman by 0.9% in the 4th 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 in the last quarter. Finally, South Plains Financial Inc. lifted its position in shares of Northrop Grumman by 1.8% during the 4th quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock worth $511,000 after purchasing an additional 16 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $556.94 on Thursday. Northrop Grumman Corporation has a 12 month low of $479.02 and a 12 month high of $774.00. The firm has a market capitalization of $79.10 billion, a P/E ratio of 17.69, a P/E/G ratio of 3.57 and a beta of -0.11. 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 company’s fifty day moving average price is $534.54 and its 200 day moving average price is $618.02.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.82 by $0.86. The company had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. Northrop Grumman’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, sell-side analysts predict that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were given a $2.47 dividend. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date of this dividend was Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. Northrop Grumman’s payout ratio is currently 31.39%.

Wall Street Analyst Weigh In

NOC has been the subject of a number of analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $653.00 target price on shares of Northrop Grumman in a research note on Wednesday. JPMorgan Chase & Co. decreased their price target on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Citigroup lowered their price objective on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wall Street Zen downgraded Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $655.30.

Northrop Grumman News Roundup

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

• Positive Sentiment: Northrop Grumman secured multi-year framework agreements worth more than $3 billion to accelerate production of components for PAC-3 MSE and THAAD missile-defense systems. The deals improve revenue visibility and position NOC to benefit from rising U.S. and allied demand for interceptor replenishment. Northrop Grumman Lands Over $3 Billion in Missile Defense Deals
• Positive Sentiment: The U.S. Defense Department selected Northrop Grumman and Lockheed Martin to help expand Patriot and THAAD production. The government-backed effort reinforces NOC’s strategic role in missile defense and could generate additional orders as the U.S. rebuilds weapon inventories. Lockheed, Northrop Team Up to Rebuild Weapon Stockpile
• Positive Sentiment: Northrop Grumman is planning lunar infrastructure demonstration missions for NASA’s future moon-base effort. Although the opportunity is longer term, it highlights potential growth in the company’s space and national-security businesses. Northrop Grumman Plans Lunar Infrastructure Demonstration Missions for NASA Moon Base
• Neutral Sentiment: Northrop appointed former Chevron investor-relations executive Randy Sinclair to lead investor relations. The leadership change may improve communication with shareholders, but no immediate financial impact was disclosed. Northrop Names Randy Sinclair to Lead Investor Relations
• Neutral Sentiment: Director Mark Welsh III sold 95 shares for approximately $52,000 under a pre-arranged Rule 10b5-1 plan. The small sale reduces his holdings by 2.12% but is unlikely to materially alter investor sentiment.

Insider Activity

In related news, Director Mark A. Welsh III sold 95 shares of the firm’s stock in a transaction that occurred 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 owned 4,393 shares in the company, valued at $2,405,299.29. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.

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.