1,063 Shares in Northrop Grumman Corporation $NOC Purchased by Optiver Holding B.V.

Optiver Holding B.V. acquired a new position in Northrop Grumman Corporation (NYSE:NOC) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,063 shares of the aerospace company’s stock, valued at approximately $725,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NOC. Brighton Jones LLC increased its position in Northrop Grumman by 176.3% during the 4th quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after buying an additional 1,895 shares in the last quarter. Bison Wealth LLC raised its stake in Northrop Grumman by 5.3% during the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after buying an additional 32 shares during the last quarter. Woodline Partners LP boosted its holdings in Northrop Grumman by 367.7% in the first quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after acquiring an additional 1,978 shares in the last quarter. AXA S.A. boosted its holdings in Northrop Grumman by 1,487.8% in the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock worth $8,169,000 after acquiring an additional 15,309 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Northrop Grumman by 6.7% in the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock worth $4,432,000 after acquiring an additional 553 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Up 1.7%

NOC stock opened at $543.87 on Friday. Northrop Grumman Corporation has a 1-year low of $479.02 and a 1-year high of $774.00. The business has a fifty day moving average price of $534.71 and a 200-day moving average price of $620.03. 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 stock has a market capitalization of $77.25 billion, a P/E ratio of 17.28, a P/E/G ratio of 3.51 and a beta of -0.10.

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

Northrop Grumman Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a $2.47 dividend. This is a positive change 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 yield of 1.8%. Northrop Grumman’s payout ratio is presently 31.39%.

Analysts Set New Price Targets

NOC has been the subject of several analyst reports. JPMorgan Chase & Co. reduced 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. Weiss Ratings upgraded shares of Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. BTIG Research reissued a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Citigroup reduced their price objective on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Finally, Susquehanna decreased their target price on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating for the company in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Northrop Grumman has a consensus rating of “Moderate Buy” and an average target price of $659.00.

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.