Glenview Trust Co Invests $947,000 in Northrop Grumman Corporation $NOC

Posted by Francis Steltz on Aug 29th, 2026

Glenview Trust Co bought a new stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,860 shares of the aerospace company’s stock, valued at approximately $947,000.

Several other large investors have also modified their holdings of the stock. Torren Management LLC bought a new stake in Northrop Grumman in the fourth quarter valued at about $26,000. Karpus Management Inc. bought a new position in Northrop Grumman during the 4th quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Northrop Grumman in the 4th quarter worth approximately $29,000. Perkins Coie Trust Co bought a new stake in shares of Northrop Grumman in the 2nd quarter valued at approximately $29,000. Finally, Motiv8 Investments LLC bought a new stake in shares of Northrop Grumman in the 4th quarter valued at approximately $30,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC opened at $545.83 on Friday. The company has a market cap of $77.52 billion, a P/E ratio of 17.34, a PEG ratio of 3.53 and a beta of -0.11. The stock has a fifty day moving average price of $542.33 and a 200 day moving average price of $604.78. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. Northrop Grumman Corporation has a 12 month low of $479.02 and a 12 month high of $774.00.

Northrop Grumman (NYSE:NOC – Get Free Report) last posted its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 24.25% and a net margin of 10.48%.The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, research analysts forecast that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be given a $2.47 dividend. The ex-dividend date is Monday, August 31st. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is currently 31.39%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NOC shares. The Goldman Sachs Group reduced their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Jefferies Financial Group lowered their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research note on Friday, June 26th. Weiss Ratings upgraded shares of Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Raymond James Financial reaffirmed an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Northrop Grumman presently has an average rating of “Moderate Buy” and an average price target of $661.30.

Get Our Latest Research Report on Northrop Grumman

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the business’s 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 completion of the transaction, the director directly owned 4,393 shares of the company’s stock, valued at $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.

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.