Northrop Grumman Corporation (NYSE:NOC – Get Free Report) Director Mark Welsh III sold 95 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director directly owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Northrop Grumman Stock Up 0.8%
Shares of Northrop Grumman stock traded up $4.58 on Tuesday, reaching $553.05. The stock had a trading volume of 420,410 shares, compared to its average volume of 947,719. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $78.55 billion, a P/E ratio of 17.57, a P/E/G ratio of 3.51 and a beta of -0.10. The company has a 50 day moving average price of $534.57 and a 200 day moving average price of $619.42. Northrop Grumman Corporation has a 1 year low of $479.02 and a 1 year high of $774.00.
Northrop Grumman (NYSE:NOC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The company had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period last year, the firm earned $8.15 earnings per share. Northrop Grumman’s revenue was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, equities research analysts forecast that Northrop Grumman Corporation will post 28.97 EPS for the current year.
Northrop Grumman Increases Dividend
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Morgan Stanley set a $745.00 price target on Northrop Grumman in a research note on Wednesday, July 15th. UBS Group boosted their price target on Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $620.00 price objective on shares of Northrop Grumman in a research report on Wednesday, July 8th. BTIG Research reiterated a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Finally, Citigroup cut 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 note on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman presently has a consensus rating of “Moderate Buy” and a consensus target price of $659.00.
Read Our Latest Report on Northrop Grumman
Key Northrop Grumman News
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: More than $3 billion in missile-defense agreements: Northrop Grumman entered into multiyear framework agreements with the U.S. Department of Defense and Lockheed Martin to accelerate production of PAC-3 MSE and THAAD interceptor components. The deals are intended to expand capacity and improve delivery speed for U.S. and allied programs, providing stronger order visibility and potentially supporting future revenue growth. Reuters missile interceptor production article
- Positive Sentiment: Defense-spending tailwind: The Pentagon’s decision to tap Northrop and Lockheed to rebuild weapon stockpiles reinforces expectations for sustained demand for missile-defense systems. Rising global security needs and allied procurement could create additional follow-on opportunities for Northrop’s missile and space businesses. Lockheed and Northrop weapon stockpile article
- Positive Sentiment: Analyst stance remains constructive: Northrop Grumman receives an average “Moderate Buy” recommendation, which may provide additional support as investors assess the company’s defense backlog and earnings outlook. Northrop Grumman analyst recommendation article
- Neutral Sentiment: Stock performance: NOC rose in the latest reported session but still lagged the overall market. The recent contract announcements are positive for long-term visibility, although framework agreements typically represent production commitments and capacity expansion rather than immediate revenue or earnings.
Institutional Trading of Northrop Grumman
Several large investors have recently made changes to their positions in the business. Financial Life Planners purchased a new position in shares of Northrop Grumman during the first quarter worth $30,000. Torren Management LLC acquired a new stake in Northrop Grumman during the 4th quarter worth about $26,000. Karpus Management Inc. purchased a new position in shares of Northrop Grumman during the 4th quarter valued at about $26,000. Whipplewood Advisors LLC raised its stake in shares of Northrop Grumman by 380.0% during the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after buying an additional 38 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Northrop Grumman in the 4th quarter valued at about $29,000. 83.40% of the stock is owned by hedge funds and other institutional investors.
Northrop Grumman Company Profile
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.
Featured Stories
- Five stocks we like better than Northrop Grumman
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
- Reddit’s U.S. User Decline Raises a Bigger Question After Its Earnings Beat
Receive News & Ratings for Northrop Grumman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northrop Grumman and related companies with MarketBeat.com's FREE daily email newsletter.
