Empowered Funds LLC Takes $11.45 Million Position in Northrop Grumman Corporation $NOC

Posted by Stanley Muller on Aug 30th, 2026

Empowered Funds LLC bought a new position in Northrop Grumman Corporation (NYSE:NOC – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,484 shares of the aerospace company’s stock, valued at approximately $11,451,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Northrop Grumman by 176.3% in the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock worth $1,394,000 after buying an additional 1,895 shares in the last quarter. Bison Wealth LLC grew its holdings in Northrop Grumman by 5.3% during the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after buying an additional 32 shares in the last quarter. Woodline Partners LP increased its stake in Northrop Grumman by 367.7% in the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after acquiring an additional 1,978 shares during the last quarter. AXA S.A. increased its stake in Northrop Grumman by 1,487.8% in the 2nd quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock worth $8,169,000 after acquiring an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Northrop Grumman by 6.7% during the 2nd quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock worth $4,432,000 after acquiring an additional 553 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Insider Activity at Northrop Grumman

In related news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman 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 approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Robert W. Baird set a $500.00 target price on shares of Northrop Grumman in a report on Wednesday, July 22nd. Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a research note on Wednesday, July 15th. TD Cowen increased their price objective on shares of Northrop Grumman from $550.00 to $590.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Sanford C. Bernstein reissued a “market perform” rating and issued a $653.00 price objective on shares of Northrop Grumman in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Northrop Grumman presently has an average rating of “Moderate Buy” and a consensus target price of $661.30.

Read Our Latest Research Report on Northrop Grumman

Northrop Grumman Stock Performance

NYSE:NOC opened at $545.83 on Friday. The stock’s fifty day moving average is $542.33 and its 200 day moving average is $604.78. Northrop Grumman Corporation has a fifty-two week low of $479.02 and a fifty-two week high of $774.00. The firm has a market capitalization of $77.52 billion, a PE ratio of 17.34, a PEG ratio of 3.53 and a beta of -0.11. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17.

Northrop Grumman (NYSE:NOC – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping the consensus estimate of $6.82 by $0.86. The company had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. Northrop Grumman’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Northrop Grumman Dividend Announcement

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

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.