Integrated Advisors Network LLC lifted its stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 309.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,240 shares of the aerospace company’s stock after purchasing an additional 5,472 shares during the quarter. Integrated Advisors Network LLC’s holdings in Northrop Grumman were worth $3,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the company. Financial Life Planners purchased a new stake in Northrop Grumman during the 1st quarter valued at about $30,000. Whipplewood Advisors LLC increased its stake in Northrop Grumman by 380.0% during the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 38 shares in the last quarter. Perkins Coie Trust Co bought a new stake in Northrop Grumman during the 2nd quarter valued at about $29,000. Plato Investment Management Ltd purchased a new position in Northrop Grumman in the second quarter worth about $30,000. Finally, Navigoe LLC purchased a new position in Northrop Grumman in the second quarter worth about $30,000. Institutional investors own 83.40% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently issued reports on NOC. TD Cowen dropped their target price on shares of Northrop Grumman from $590.00 to $540.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. Guggenheim started coverage on shares of Northrop Grumman in a report on Monday, September 14th. They issued a “buy” rating and a $612.00 price objective for the company. Rothschild & Co Redburn initiated coverage on Northrop Grumman in a research report on Tuesday, October 6th. They issued a “buy” rating and a $680.00 price objective on the stock. Citigroup upped their price objective on Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, UBS Group increased their target price on Northrop Grumman from $685.00 to $704.00 and gave the company a “buy” rating in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and an average target price of $640.83.
View Our Latest Report on Northrop Grumman
Northrop Grumman Trading Up 4.7%
Shares of NOC stock opened at $534.78 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 12-month low of $470.06 and a 12-month high of $774.00. The stock has a market capitalization of $75.95 billion, a P/E ratio of 16.99, a P/E/G ratio of 2.99 and a beta of -0.11. The firm’s 50 day moving average is $523.03 and its 200 day moving average is $550.14.
Northrop Grumman (NYSE:NOC – Get Free Report) last announced its earnings results on Tuesday, October 20th. The aerospace company reported $7.89 earnings per share for the quarter, beating analysts’ consensus estimates of $7.18 by $0.71. The business had revenue of $11.12 billion during the quarter, compared to analyst estimates of $11.14 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $7.67 EPS. Research analysts expect that Northrop Grumman Corporation will post 28.99 earnings per share for the current year.
Northrop Grumman Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Monday, August 31st were issued a $2.47 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. Northrop Grumman’s payout ratio is presently 31.39%.
Key Northrop Grumman News
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: Q3 profit beat expectations. Northrop reported adjusted earnings of $7.89 per share, above the approximately $7.18–$7.22 analyst consensus. Revenue rose 6.7% year over year to $11.12 billion, broadly matching estimates. Northrop lifts 2026 profit forecast on strong defense demand, record backlog
- Positive Sentiment: Management raised its 2026 earnings outlook. Northrop lifted the midpoint of its adjusted EPS guidance to approximately $29.55, while maintaining a full-year sales outlook of $43.75 billion to $44.25 billion. Segment operating-income guidance also increased by $65 million. Northrop Grumman Q3 Earnings Surpass Estimates, Revenues Increase Year Over Year
- Positive Sentiment: Backlog supports future growth. Record backlog reached approximately $109.6 billion, with third-quarter net awards of $16.4 billion and a 1.5x book-to-bill ratio. Management expects 2027 sales growth of 5% to 7%, reinforcing the outlook for sustained demand from U.S. and global defense programs. Northrop Grumman: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Analyst support added momentum. Bank of America maintained a Buy rating and a $750 price target, citing the earnings beat, record backlog, and raised outlook. Analyst reiterates Buy rating after Northrop earnings
- Neutral Sentiment: Valuation indicators were mixed: Northrop’s GF Score was reported at 84, while the stock remained below its 200-day moving average. These measures may temper enthusiasm after the earnings-driven advance. Northrop Grumman GF Score and valuation assessment
- Negative Sentiment: Defense stocks face a broader political overhang, with investors weighing the possibility that a Democratic congressional sweep could affect defense spending priorities and program funding. Defense stocks and political risk
Insider Activity at Northrop Grumman
In related news, Director Mark Welsh, III sold 95 shares of the company’s 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 completion of the sale, the director owned 4,393 shares in the company, valued at approximately $2,405,299.29. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.
Northrop Grumman Profile
Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. government representing its primary customer base. The company operates across aerospace, defense, space, cybersecurity and advanced technology markets.
Its products and services include military aircraft and autonomous systems, space systems and satellites, missile defense technologies, command-and-control systems, cyber solutions, sensors, communications networks and other mission-critical systems.
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