Bessemer Group Inc. Has $301.32 Million Position in Northrop Grumman Corporation $NOC

Posted by Francis Steltz on May 15th, 2026

Bessemer Group Inc. cut its holdings in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 528,431 shares of the aerospace company’s stock after selling 13,093 shares during the quarter. Bessemer Group Inc.’s holdings in Northrop Grumman were worth $301,318,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Northrop Grumman by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after acquiring an additional 209,135 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Northrop Grumman by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 2,996,284 shares of the aerospace company’s stock worth $1,825,696,000 after acquiring an additional 63,223 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Northrop Grumman by 0.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock worth $990,046,000 after acquiring an additional 4,844 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Northrop Grumman by 26.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock valued at $640,534,000 after purchasing an additional 221,431 shares during the period. Finally, Legal & General Group Plc grew its holdings in Northrop Grumman by 4.1% in the 3rd quarter. Legal & General Group Plc now owns 746,585 shares of the aerospace company’s stock valued at $454,909,000 after buying an additional 29,478 shares in the last quarter. 83.40% of the stock is owned by institutional investors and hedge funds.

Northrop Grumman Stock Performance

NYSE:NOC opened at $548.38 on Friday. The stock has a fifty day moving average price of $659.83 and a 200-day moving average price of $634.25. The company has a market cap of $77.89 billion, a price-to-earnings ratio of 17.16, a PEG ratio of 3.76 and a beta of -0.11. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman Corporation has a fifty-two week low of $459.25 and a fifty-two week high of $774.00.

Northrop Grumman (NYSE:NOC – Get Free Report) last released its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 24.72% and a net margin of 10.80%.The company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company posted $6.06 EPS. 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 27.92 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Benjamin R. Davies sold 2,189 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total transaction of $1,575,226.29. Following the completion of the sale, the vice president directly owned 151 shares in the company, valued at approximately $108,661.11. This represents a 93.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Michael A. Hardesty sold 147 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on NOC. Wall Street Zen lowered Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. TD Cowen reaffirmed a “hold” rating on shares of Northrop Grumman in a report on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $752.00 price objective on shares of Northrop Grumman in a report on Thursday, January 15th. Bank of America upped their price objective on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $710.74.

Read Our Latest Stock Report on NOC

About Northrop Grumman

(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.