Blackhawk Capital Partners LLC Sells 997 Shares of Northrop Grumman Corporation $NOC

Posted by Stanley Muller on Jul 16th, 2026

Blackhawk Capital Partners LLC reduced its position in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 54.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 827 shares of the aerospace company’s stock after selling 997 shares during the quarter. Blackhawk Capital Partners LLC’s holdings in Northrop Grumman were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Illinois Municipal Retirement Fund increased its stake in shares of Northrop Grumman by 14.0% in the first quarter. Illinois Municipal Retirement Fund now owns 1,275 shares of the aerospace company’s stock worth $870,000 after purchasing an additional 157 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Northrop Grumman by 41.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 27,129 shares of the aerospace company’s stock valued at $18,508,000 after buying an additional 7,916 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Northrop Grumman during the 1st quarter valued at approximately $961,000. Sterling Investment Advisors Ltd. boosted its holdings in Northrop Grumman by 5.8% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 441 shares of the aerospace company’s stock worth $301,000 after buying an additional 24 shares during the period. Finally, Ellerson Group Inc. ADV grew its stake in Northrop Grumman by 4.4% in the 1st quarter. Ellerson Group Inc. ADV now owns 1,152 shares of the aerospace company’s stock valued at $786,000 after buying an additional 49 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.

Northrop Grumman News Summary

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

Positive Sentiment: Northrop Grumman broke ground on a new Utah facility tied to the Sentinel ICBM program and other advanced aerospace missions, reinforcing long-term defense spending demand and signaling continued investment in growth. Northrop Grumman Breaks Ground on New Facility to Support Strategic Deterrence and Advanced Aerospace Missions in Utah
Positive Sentiment: Analysts continue to view Northrop Grumman as a potential earnings beat ahead of its quarterly report, with expectations that the company has the right mix of factors to top estimates. Northrop Grumman (NOC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
Positive Sentiment: Morgan Stanley included Northrop Grumman in its top defense stock picks, suggesting institutional confidence in the name even as it highlighted broader upside in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
Neutral Sentiment: Other articles reinforced the idea that defense contractors can benefit from long-term space and missile-defense spending, which supports the sector backdrop for NOC. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
Neutral Sentiment: There was also coverage about BAE Systems expanding in radar, which highlights competitive activity in adjacent defense markets but does not directly change Northrop Grumman’s near-term outlook. Is BAE Systems Expanding Its Presence in the Radar Market?
Negative Sentiment: At the same time, analysts trimmed Northrop Grumman’s fair value estimate and lowered price targets, pointing to more cautious expectations for near-term execution and upside. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets

Northrop Grumman Trading Down 0.5%

Northrop Grumman stock opened at $525.96 on Thursday. 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 $493.84 and a fifty-two week high of $774.00. The stock has a market cap of $74.70 billion, a P/E ratio of 16.46, a PEG ratio of 3.58 and a beta of -0.10. The firm’s fifty day moving average price is $539.25 and its 200-day moving average price is $624.94.

Northrop Grumman (NYSE:NOC – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter last year, the company earned $6.06 earnings per share. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts forecast that Northrop Grumman Corporation will post 27.95 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were issued a dividend of $2.47 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. Northrop Grumman’s payout ratio is presently 30.92%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Wells Fargo & Company restated an “overweight” rating and set a $620.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 8th. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Citigroup decreased their price objective on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Weiss Ratings cut Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Finally, The Goldman Sachs Group cut their target price on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $676.29.

Get Our Latest Stock Report on NOC

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.