SteelPeak Wealth LLC Has $4.83 Million Position in Northrop Grumman Corporation $NOC

Posted by Stanley Muller on Jul 17th, 2026

SteelPeak Wealth LLC lifted its holdings in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 56.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,075 shares of the aerospace company’s stock after purchasing an additional 2,554 shares during the period. SteelPeak Wealth LLC’s holdings in Northrop Grumman were worth $4,827,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in NOC. Kestra Investment Management LLC grew its holdings in Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after buying an additional 15 shares during the last quarter. Evolution Wealth Management Inc. increased its position in Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after buying an additional 15 shares during the period. Howard Financial Services LTD. lifted its holdings in shares of Northrop Grumman by 1.4% during the fourth quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after buying an additional 16 shares during the last quarter. Frank Rimerman Advisors LLC boosted its position 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 valued at $1,125,000 after acquiring an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC boosted 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 valued at $2,288,000 after acquiring an additional 16 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NOC opened at $518.19 on Friday. The stock’s 50 day simple moving average is $538.60 and its 200-day simple moving average is $624.52. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. The stock has a market cap of $73.60 billion, a PE ratio of 16.22, a P/E/G ratio of 3.55 and a beta of -0.10. Northrop Grumman Corporation has a 1 year low of $493.84 and a 1 year high of $774.00.

Northrop Grumman (NYSE:NOC – Get Free Report) last issued its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping 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 firm had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period last year, the business earned $6.06 earnings per share. Northrop Grumman’s quarterly 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. Sell-side analysts forecast that Northrop Grumman Corporation will post 27.95 EPS for the current 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. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. 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. Northrop Grumman’s payout ratio is 30.92%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NOC. TD Cowen dropped their target price on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating on the stock in a research report on Monday. Weiss Ratings downgraded shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a research report on Wednesday. Wells Fargo & Company restated an “overweight” rating and set a $620.00 price objective on shares of Northrop Grumman in a report on Wednesday, July 8th. Finally, UBS Group cut 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 analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average price target of $676.29.

Read Our Latest Report on NOC

Trending Headlines about Northrop Grumman

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

Positive Sentiment: Analysts and market commentary continue to highlight Northrop Grumman’s strong defense backlog and long-term demand outlook, which supports revenue visibility and could help offset near-term volatility. Northrop Grumman to Post Q2 Earnings: Here’s What to Expect
Positive Sentiment: Morgan Stanley reportedly named Northrop Grumman one of its top defense stocks, reinforcing the view that the company remains a favored name in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
Neutral Sentiment: Multiple preview pieces are focusing on key Q2 operating metrics, suggesting the stock may react to details on execution, cash flow, and contract performance rather than just headline EPS and revenue. Wall Street’s Insights Into Key Metrics Ahead of Northrop Grumman (NOC) Q2 Earnings
Neutral Sentiment: Northrop’s Sentinel program remains a key watch item, with investors waiting to see whether job expansion and program updates point to stronger execution or added cost pressure. Northrop Grumman Planning To Add Hundreds Of Jobs For Sentinel
Negative Sentiment: Some analysts have trimmed price targets and lowered fair value estimates, signaling more caution about near-term upside and execution risk. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets

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.