MASTERINVEST Kapitalanlage GmbH Takes Position in Northrop Grumman Corporation $NOC

MASTERINVEST Kapitalanlage GmbH bought a new position in Northrop Grumman Corporation (NYSE:NOCFree Report) in the 1st quarter, Holdings Channel reports. The firm bought 1,409 shares of the aerospace company’s stock, valued at approximately $961,000.

A number of other large investors have also recently made changes to their positions in the company. Torren Management LLC bought a new position in Northrop Grumman during the 4th quarter valued at about $26,000. Karpus Management Inc. bought a new stake in Northrop Grumman in the fourth quarter worth about $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in Northrop Grumman in the fourth quarter worth about $29,000. Financial Life Planners purchased a new position in shares of Northrop Grumman during the first quarter valued at approximately $30,000. Finally, Motiv8 Investments LLC purchased a new position in shares of Northrop Grumman during the fourth quarter valued at approximately $30,000. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman Price Performance

Shares of NOC stock opened at $525.96 on Thursday. The company has a market capitalization of $74.70 billion, a P/E ratio of 16.46, a P/E/G ratio of 3.58 and a beta of -0.10. The company’s 50-day simple moving average is $539.25 and its two-hundred day simple moving average is $624.94. Northrop Grumman Corporation has a one year low of $493.84 and a one year high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

Northrop Grumman (NYSE:NOCGet Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating the consensus estimate of $6.06 by $0.08. The firm 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 revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities analysts anticipate that Northrop Grumman Corporation will post 27.95 EPS for the current year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a dividend of $2.47 per share. 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 yield of 1.9%. Northrop Grumman’s dividend payout ratio is presently 30.92%.

More Northrop Grumman News

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NOC. BTIG Research reaffirmed a “buy” rating and set a $815.00 target price on shares of Northrop Grumman in a research note on Wednesday, April 22nd. UBS Group decreased their price target on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. The Goldman Sachs Group dropped their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a report on Tuesday. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $620.00 price objective on shares of Northrop Grumman in a research report on Wednesday, July 8th. Finally, TD Cowen reduced their target price on Northrop Grumman from $680.00 to $580.00 and set a “hold” rating on the stock in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman has a consensus rating of “Moderate Buy” and an average target price of $676.29.

Check Out Our Latest Stock Analysis on Northrop Grumman

Northrop Grumman Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Northrop Grumman (NYSE:NOC)

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