Northrop Grumman Corporation $NOC Position Increased by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 100.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,572 shares of the aerospace company’s stock after purchasing an additional 2,796 shares during the period. Vise Technologies Inc.’s holdings in Northrop Grumman were worth $3,177,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NOC. Jennison Associates LLC increased its stake in Northrop Grumman by 272.8% during the fourth quarter. Jennison Associates LLC now owns 401,664 shares of the aerospace company’s stock valued at $229,033,000 after purchasing an additional 293,909 shares during the last quarter. Holocene Advisors LP acquired a new position in shares of Northrop Grumman during the third quarter valued at $137,280,000. Vanguard Group Inc. boosted its holdings in shares of Northrop Grumman by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after acquiring an additional 209,135 shares during the period. M&T Bank Corp boosted its holdings in shares of Northrop Grumman by 1,086.5% during the fourth quarter. M&T Bank Corp now owns 192,583 shares of the aerospace company’s stock valued at $109,813,000 after acquiring an additional 176,352 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Northrop Grumman by 7,202.7% during the fourth quarter. SG Americas Securities LLC now owns 167,232 shares of the aerospace company’s stock valued at $95,357,000 after acquiring an additional 164,942 shares during the period. Institutional investors own 83.40% of the company’s stock.

Analysts Set New Price Targets

NOC has been the subject of several analyst reports. Weiss Ratings downgraded shares of Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Morgan Stanley reduced their price target on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Citigroup reduced their price target on shares of Northrop Grumman from $742.00 to $628.00 and set a “buy” rating for the company in a report on Monday, May 18th. Wells Fargo & Company initiated coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 price target for the company. Finally, BTIG Research reissued a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and a consensus target price of $702.63.

Northrop Grumman Stock Performance

NOC stock opened at $544.73 on Friday. The company has a market capitalization of $77.37 billion, a P/E ratio of 17.05, a PEG ratio of 3.71 and a beta of -0.12. The company has a 50-day simple moving average of $603.63 and a 200 day simple moving average of $631.07. Northrop Grumman Corporation has a fifty-two week low of $472.02 and a fifty-two week high of $774.00. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $6.06 by $0.08. The business had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Sell-side analysts predict that Northrop Grumman Corporation will post 27.93 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be issued a $2.47 dividend. The ex-dividend date of this dividend is Monday, June 1st. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s dividend payout ratio is currently 30.92%.

About Northrop Grumman

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.