Mawer Investment Management Ltd. Has $587.87 Million Stock Holdings in Northrop Grumman Corporation $NOC

Mawer Investment Management Ltd. reduced its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 964,788 shares of the aerospace company’s stock after selling 19,221 shares during the quarter. Northrop Grumman comprises about 3.1% of Mawer Investment Management Ltd.’s portfolio, making the stock its 9th biggest position. Mawer Investment Management Ltd.’s holdings in Northrop Grumman were worth $587,865,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Parvin Asset Management LLC bought a new position in shares of Northrop Grumman in the second quarter valued at approximately $25,000. NewSquare Capital LLC boosted its holdings in Northrop Grumman by 75.0% in the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Northrop Grumman during the second quarter worth about $31,000. Manning & Napier Advisors LLC purchased a new stake in Northrop Grumman during the third quarter valued at about $42,000. Finally, AlphaQuest LLC raised its stake in shares of Northrop Grumman by 29.2% during the second quarter. AlphaQuest LLC now owns 93 shares of the aerospace company’s stock worth $46,000 after acquiring an additional 21 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Trading Down 0.4%

NOC opened at $692.54 on Monday. The stock has a fifty day moving average price of $599.59 and a 200-day moving average price of $589.39. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a 12 month low of $426.24 and a 12 month high of $705.45. The firm has a market cap of $98.28 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 5.14 and a beta of 0.04.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. The business had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The company’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities research analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were paid a $2.31 dividend. This represents a $9.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, December 1st. Northrop Grumman’s payout ratio is currently 31.72%.

Insider Buying and Selling at Northrop Grumman

In other news, CEO Kathy J. Warden sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $615.00, for a total transaction of $1,845,000.00. Following the transaction, the chief executive officer owned 191,602 shares of the company’s stock, valued at approximately $117,835,230. The trade was a 1.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Welsh III sold 97 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $564.08, for a total transaction of $54,715.76. Following the completion of the transaction, the director directly owned 4,281 shares in the company, valued at $2,414,826.48. The trade was a 2.22% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 10,097 shares of company stock valued at $6,099,716. 0.23% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NOC has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Northrop Grumman in a report on Wednesday, December 24th. BNP Paribas Exane assumed coverage on Northrop Grumman in a research report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price objective on the stock. Truist Financial reiterated a “hold” rating and issued a $623.00 price objective (down previously from $688.00) on shares of Northrop Grumman in a research note on Friday, January 9th. UBS Group upped their price target on shares of Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Royal Bank Of Canada raised their target price on shares of Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $688.79.

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.