Midwest Trust Co Buys 959 Shares of Northrop Grumman Corporation $NOC

Posted by George Bondi on Jul 12th, 2026

Midwest Trust Co lifted its stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 1.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,035 shares of the aerospace company’s stock after buying an additional 959 shares during the quarter. Midwest Trust Co owned approximately 0.05% of Northrop Grumman worth $51,874,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Kestra Investment Management LLC lifted its stake in Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 15 shares in the last quarter. Evolution Wealth Management Inc. grew its position in shares of Northrop Grumman by 6.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after purchasing an additional 15 shares in the last quarter. Howard Financial Services LTD. increased its holdings in shares of Northrop Grumman by 1.4% in the fourth quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after purchasing an additional 16 shares during the last quarter. Frank Rimerman Advisors LLC increased its holdings in shares of Northrop Grumman by 0.8% in the fourth quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock worth $1,125,000 after purchasing an additional 16 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its position in shares of Northrop Grumman by 0.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock worth $2,288,000 after buying an additional 16 shares in the last quarter. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman Trading Up 1.4%

Shares of NYSE:NOC traded up $7.26 during trading hours on Friday, hitting $539.49. 455,716 shares of the company’s stock traded hands, compared to its average volume of 991,342. Northrop Grumman Corporation has a 1 year low of $493.84 and a 1 year high of $774.00. The business has a fifty day moving average price of $541.29 and a 200-day moving average price of $625.68. The firm has a market capitalization of $76.62 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 3.65 and a beta of -0.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

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, topping analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The business had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the firm posted $6.06 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities analysts expect that Northrop Grumman Corporation will post 27.95 earnings per share for the current year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were issued a dividend of $2.47 per share. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio (DPR) is 30.92%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. Wall Street Zen lowered shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup reduced their price target on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Wells Fargo & Company reaffirmed an “overweight” rating and set a $620.00 price target on shares of Northrop Grumman in a research note on Wednesday. Finally, UBS Group lowered their price objective on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $688.89.

Get Our Latest Analysis on NOC

Key Headlines Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

Positive Sentiment: NATO’s plan to acquire up to five Northrop Grumman MQ-4C Triton drones reinforces demand for the company’s surveillance and maritime security platforms, a potential tailwind for future revenue. Northrop Grumman (NOC) Wins NATO Backing For Up To Five Triton Drones
Positive Sentiment: Analysts continue to view Northrop Grumman as reasonably attractive, with a consensus rating of “Moderate Buy,” which can help support investor confidence ahead of the next earnings report. Northrop Grumman Corporation (NYSE:NOC) Receives Consensus Rating of “Moderate Buy” from Analysts
Positive Sentiment: Several articles argue Northrop is positioned to beat earnings estimates again, citing its history of topping expectations and favorable setup for the upcoming quarterly report. Why Northrop Grumman (NOC) is Poised to Beat Earnings Estimates Again
Neutral Sentiment: Market commentary and valuation-focused pieces suggest the stock may be fairly priced after a strong multi-year run, which could limit upside unless earnings or contract growth surprise to the upside. Northrop Grumman (NOC) Stock Looks Fairly Priced Following A 62% Run
Negative Sentiment: Some recent commentary highlights cost and capital spending concerns, which could weigh on margins if defense program execution becomes more expensive. Northrop Grumman (NOC) After Talpins Interest And Cost Concerns, Bargain Or Fairly Valued?

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.