Northrop Grumman (NYSE:NOC) Issues Earnings Results, Beats Expectations By $0.84 EPS

Posted by on Jul 21st, 2026

Northrop Grumman (NYSE:NOC – Get Free Report) posted its quarterly earnings data on Tuesday. The aerospace company reported $7.68 EPS for the quarter, topping analysts’ consensus estimates of $6.84 by $0.84, FiscalAI reports. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm had revenue of $10.88 billion during the quarter, compared to analysts’ expectations of $10.80 billion.

Northrop Grumman Price Performance

NOC stock opened at $524.95 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $74.56 billion, a PE ratio of 16.43, a P/E/G ratio of 3.53 and a beta of -0.10. Northrop Grumman has a one year low of $493.84 and a one year high of $774.00. The firm has a 50-day moving average of $537.61 and a two-hundred day moving average of $623.79.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were paid a dividend of $2.47 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio is 30.92%.

Hedge Funds Weigh In On Northrop Grumman

A number of large investors have recently made changes to their positions in the business. Corient Private Wealth LLC raised its position in shares of Northrop Grumman by 168.8% in the fourth quarter. Corient Private Wealth LLC now owns 183,413 shares of the aerospace company’s stock valued at $104,584,000 after purchasing an additional 115,170 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of Northrop Grumman by 1,690.0% during the third quarter. Balyasny Asset Management L.P. now owns 109,138 shares of the aerospace company’s stock valued at $66,500,000 after purchasing an additional 103,041 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Northrop Grumman by 4,951.8% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 99,166 shares of the aerospace company’s stock worth $56,545,000 after purchasing an additional 97,203 shares during the period. Marshall Wace LLP grew its stake in Northrop Grumman by 477.1% in the fourth quarter. Marshall Wace LLP now owns 115,713 shares of the aerospace company’s stock worth $65,981,000 after purchasing an additional 95,662 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Northrop Grumman in the 4th quarter worth approximately $53,429,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on NOC. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Wells Fargo & Company reissued an “overweight” rating and set a $620.00 price objective on shares of Northrop Grumman in a research note on Wednesday, July 8th. The Goldman Sachs Group decreased their target price on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Weiss Ratings lowered Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group lowered their price target on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Northrop Grumman currently has an average rating of “Moderate Buy” and a consensus target price of $676.29.

View Our Latest Research Report on Northrop Grumman

Key Northrop Grumman News

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

  • Positive Sentiment: The company reported Q2 EPS of $7.68, beating Wall Street’s estimate of $6.84, and revenue of $10.88 billion, slightly ahead of expectations. Article Title
  • Positive Sentiment: Northrop Grumman raised its 2026 sales and adjusted profit forecast, citing strong weapons demand tied to ongoing global geopolitical conflicts. Article Title
  • Neutral Sentiment: The company formally released its second-quarter 2026 financial results and investor materials, confirming the earnings update to shareholders. Article Title
  • Neutral Sentiment: Heading into earnings, analysts were watching for a possible decline in EPS, making the actual beat and guidance raise more meaningful for the stock. Article Title

Northrop Grumman Company Profile

(Get 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.

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Earnings History for Northrop Grumman (NYSE:NOC)

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