Northrop Grumman Corporation $NOC Shares Sold by The Manufacturers Life Insurance Company

Posted by on Jul 31st, 2026

The Manufacturers Life Insurance Company lowered its stake in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,867 shares of the aerospace company’s stock after selling 6,427 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Northrop Grumman were worth $47,666,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Torren Management LLC acquired a new stake in Northrop Grumman during the 4th quarter worth approximately $26,000. Karpus Management Inc. purchased a new stake in shares of Northrop Grumman during the fourth quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Northrop Grumman during the fourth quarter worth approximately $29,000. Financial Life Planners acquired a new stake in shares of Northrop Grumman during the first quarter worth $30,000. Finally, Motiv8 Investments LLC purchased a new position in Northrop Grumman in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Trading Down 0.1%

Shares of NOC stock opened at $534.49 on Friday. The business’s fifty day moving average price is $534.95 and its 200 day moving average price is $620.56. Northrop Grumman Corporation has a 1-year low of $479.02 and a 1-year high of $774.00. The firm has a market capitalization of $75.91 billion, a PE ratio of 16.98, a P/E/G ratio of 3.46 and a beta of -0.10. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06.

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

Northrop Grumman Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were issued a $2.47 dividend. The ex-dividend date was Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s payout ratio is 31.39%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NOC. The Goldman Sachs Group dropped their price objective on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Jefferies Financial Group reduced their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research note on Friday, June 26th. Weiss Ratings downgraded shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Finally, UBS Group increased their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $659.00.

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About Northrop Grumman

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

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