London Co. of Virginia Trims Stock Holdings in Northrop Grumman Corporation $NOC

Posted by Geri Gentry on Jul 26th, 2026

London Co. of Virginia lowered its holdings in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 6.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 356,554 shares of the aerospace company’s stock after selling 26,504 shares during the period. Northrop Grumman makes up about 1.5% of London Co. of Virginia’s holdings, making the stock its 25th biggest position. London Co. of Virginia’s holdings in Northrop Grumman were worth $243,276,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital World Investors boosted its holdings in Northrop Grumman by 39.4% in the 4th quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock worth $1,958,151,000 after buying an additional 970,029 shares during the period. J. Stern & Co. LLP raised its holdings in Northrop Grumman by 56,920.9% during the 4th quarter. J. Stern & Co. LLP now owns 421,955 shares of the aerospace company’s stock valued at $240,603,000 after acquiring an additional 421,215 shares during the period. Jennison Associates LLC raised its holdings in Northrop Grumman by 272.8% during the 4th quarter. Jennison Associates LLC now owns 401,664 shares of the aerospace company’s stock valued at $229,033,000 after acquiring an additional 293,909 shares during the period. Vanguard Group Inc. lifted its position in shares of Northrop Grumman by 1.5% during the fourth 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 in the last quarter. Finally, M&T Bank Corp lifted its position in shares of Northrop Grumman by 1,086.5% during the fourth quarter. M&T Bank Corp now owns 192,583 shares of the aerospace company’s stock worth $109,813,000 after acquiring an additional 176,352 shares in the last quarter. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman Stock Performance

Shares of NOC opened at $542.09 on Friday. Northrop Grumman Corporation has a 12-month low of $479.02 and a 12-month high of $774.00. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 0.81. The company has a market cap of $76.99 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 3.52 and a beta of -0.10. The stock has a 50-day moving average price of $535.81 and a 200-day moving average price of $622.09.

Northrop Grumman (NYSE:NOC – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, topping the consensus estimate of $6.82 by $0.86. The company had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. Northrop Grumman’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, equities analysts forecast that Northrop Grumman Corporation will post 28.98 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were issued a $2.47 dividend. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. 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 currently 31.39%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Citigroup reduced their price target on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. JPMorgan Chase & Co. cut their target price on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research note on Thursday. UBS Group lifted their target price on Northrop Grumman from $666.00 to $685.00 and gave the company a “buy” rating in a report on Wednesday. Jefferies Financial Group reduced their target price on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a report on Friday, June 26th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a research report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $655.24.

Read Our Latest Analysis on NOC

Northrop Grumman News Roundup

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

Positive Sentiment: Northrop Grumman’s Q2 earnings beat expectations, and the company lifted its full-year sales guidance while highlighting strong contract wins and a record backlog, reinforcing the investment case for the stock. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
Positive Sentiment: Broader defense sector strength is helping sentiment, with defense ETFs benefiting from higher military spending, solid quarterly results across peers, and rising geopolitical tensions that could support future demand. Defense ETFs in Focus Amid Earnings, Conflict and Military Spending
Positive Sentiment: Several articles and analyst notes say Northrop Grumman may still be undervalued or better positioned than other industrial names, which supports investor interest after the earnings report. How Much Could a $5,000 Investment in SpaceX Be Worth By 2030? Here’s Why This Industrial Stock May Be a Better Buy Today.
Neutral Sentiment: Analysts remain mixed, with UBS reportedly sticking to a Buy rating while TD Cowen and JPMorgan lowered price targets, suggesting expectations are still being recalibrated after earnings.
Neutral Sentiment: Northrop Grumman also drew attention for its new robotic satellite servicing vehicle and mission extension pods, which may support long-term space systems growth but are not an immediate earnings driver. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027

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.