Northrop Grumman Corporation $NOC Shares Bought by Geode Capital Management LLC

Posted by Brian Himes on May 29th, 2026

Geode Capital Management LLC raised its stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 0.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,149,478 shares of the aerospace company’s stock after purchasing an additional 17,948 shares during the quarter. Geode Capital Management LLC’s holdings in Northrop Grumman were worth $1,793,478,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Northrop Grumman by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after purchasing an additional 209,135 shares in the last quarter. Franklin Resources Inc. raised its position in Northrop Grumman by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 2,996,284 shares of the aerospace company’s stock valued at $1,825,696,000 after purchasing an additional 63,223 shares in the last quarter. Ameriprise Financial Inc. raised its position in Northrop Grumman by 0.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock valued at $990,046,000 after purchasing an additional 4,844 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of 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 acquiring an additional 221,431 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of 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 acquiring an additional 29,478 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen downgraded Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $765.00 price objective on shares of Northrop Grumman in a report on Thursday, January 29th. Wells Fargo & Company assumed coverage on Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price objective on the stock. UBS Group dropped their price objective on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus target price of $702.63.

Get Our Latest Stock Analysis on Northrop Grumman

Northrop Grumman Trading Up 1.4%

NYSE:NOC opened at $559.16 on Friday. The stock’s 50 day moving average price is $622.51 and its 200 day moving average price is $632.35. The company has a market capitalization of $79.42 billion, a PE ratio of 17.50, a P/E/G ratio of 3.76 and a beta of -0.11. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 52-week low of $468.50 and a 52-week high of $774.00.

Northrop Grumman (NYSE:NOC – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The firm had revenue of $9.88 billion for 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 firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, research analysts anticipate that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be paid a dividend of $2.47 per share. The ex-dividend date is Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio (DPR) is 28.92%.

Northrop Grumman 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.