Northrop Grumman Corporation (NYSE:NOC) Receives $661.30 Average Price Target from Brokerages

Posted by George Bondi on Sep 4th, 2026

Shares of Northrop Grumman Corporation (NYSE:NOC – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twenty brokerages that are covering the stock, Marketbeat reports. Eight research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $661.30.

Several analysts have commented on NOC shares. TD Cowen increased their price target on shares of Northrop Grumman from $550.00 to $590.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Citigroup lifted their price objective on shares of Northrop Grumman from $617.00 to $667.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. JPMorgan Chase & Co. reduced their price objective on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Robert W. Baird set a $500.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $615.00 price target on shares of Northrop Grumman in a report on Wednesday, July 22nd.

Check Out Our Latest Stock Analysis on NOC

Northrop Grumman Price Performance

Shares of NOC opened at $527.98 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. The company has a 50 day moving average price of $544.36 and a 200-day moving average price of $599.64. Northrop Grumman has a fifty-two week low of $479.02 and a fifty-two week high of $774.00. The stock has a market capitalization of $74.99 billion, a PE ratio of 16.77, a PEG ratio of 3.07 and a beta of -0.11.

Northrop Grumman (NYSE:NOC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The business had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter last year, the firm earned $8.15 EPS. The business’s revenue for the quarter 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 predict that Northrop Grumman will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st will be paid a $2.47 dividend. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, August 31st. Northrop Grumman’s dividend payout ratio (DPR) is presently 31.39%.

Insider Activity

In other Northrop Grumman news, Director Mark Welsh, III sold 95 shares of Northrop Grumman stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the completion of the transaction, the director owned 4,393 shares in the company, 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 SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pictet Asset Management Holding SA boosted its stake in shares of Northrop Grumman by 7.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 61,436 shares of the aerospace company’s stock valued at $41,914,000 after purchasing an additional 4,041 shares in the last quarter. New York State Teachers Retirement System grew its stake in shares of Northrop Grumman by 9.7% in the 4th quarter. New York State Teachers Retirement System now owns 111,927 shares of the aerospace company’s stock worth $63,822,000 after buying an additional 9,924 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Northrop Grumman by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock worth $1,793,478,000 after acquiring an additional 17,948 shares during the last quarter. World Investment Advisors grew its position in Northrop Grumman by 70.1% during the 4th quarter. World Investment Advisors now owns 4,497 shares of the aerospace company’s stock valued at $2,564,000 after purchasing an additional 1,853 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Northrop Grumman by 1.3% during the fourth quarter. Principal Financial Group Inc. now owns 158,958 shares of the aerospace company’s stock valued at $90,639,000 after buying an additional 2,025 shares during the last quarter. Hedge funds and other institutional investors own 83.40% of the company’s stock.

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.