1,938 Shares in Northrop Grumman Corporation $NOC Purchased by Pavion Blue Capital LLC

Pavion Blue Capital LLC purchased a new stake in shares of Northrop Grumman Corporation (NYSE:NOCFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,938 shares of the aerospace company’s stock, valued at approximately $987,000.

Several other institutional investors have also recently added to or reduced their stakes in NOC. Kestra Investment Management LLC increased its holdings in shares of Northrop Grumman by 4.4% during the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after buying an additional 15 shares in the last quarter. Evolution Wealth Management Inc. raised its stake in shares of Northrop Grumman by 6.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after acquiring an additional 15 shares during the last quarter. Golden State Equity Partners boosted its holdings in shares of Northrop Grumman by 1.2% in the 4th quarter. Golden State Equity Partners now owns 1,337 shares of the aerospace company’s stock worth $762,000 after acquiring an additional 16 shares in the last quarter. Diversified Portfolios Inc. boosted its holdings in shares of Northrop Grumman by 0.9% in the 4th quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock worth $1,020,000 after acquiring an additional 16 shares in the last quarter. Finally, South Plains Financial Inc. grew its position in Northrop Grumman by 1.8% during the 4th quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock worth $511,000 after acquiring an additional 16 shares during the last quarter. 83.40% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NOC shares. Susquehanna dropped their price target on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating for the company in a report on Wednesday, July 22nd. Wall Street Zen lowered Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley set a $745.00 target price on Northrop Grumman in a report on Wednesday, July 15th. BTIG Research restated a “buy” rating and set a $815.00 target price on shares of Northrop Grumman in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. lowered their target price on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average price target of $659.30.

Read Our Latest Stock Analysis on NOC

Insider Activity at Northrop Grumman

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the sale, the director directly owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. This trade represents a 2.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Northrop Grumman Price Performance

NOC opened at $570.59 on Tuesday. 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 $81.04 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11. The company’s 50 day simple moving average is $539.49 and its 200-day simple moving average is $612.84. Northrop Grumman Corporation has a one year low of $479.02 and a one year high of $774.00.

Northrop Grumman (NYSE:NOCGet Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, topping the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The firm had revenue of $10.88 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter in the previous year, the company posted $8.15 EPS. Northrop Grumman’s 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. Sell-side analysts anticipate that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

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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