Northrop Grumman Corporation (NYSE:NOC) Stock Has Consensus Target Price of $659.86

Posted by Geri Gentry on Sep 29th, 2026

Northrop Grumman Corporation (NYSE:NOC – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-one brokerages that are covering the company, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $658.29.

Several research firms have commented on NOC. Weiss Ratings lowered shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 10th. Susquehanna cut their target price on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research note on Wednesday, July 22nd. Sanford C. Bernstein reduced their target price on Northrop Grumman from $653.00 to $620.00 and set a “market perform” rating for the company in a report on Wednesday, September 23rd. JPMorgan Chase & Co. decreased their price target on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group dropped their price target on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th.

Get Our Latest Stock Report on Northrop Grumman

Insider Activity at Northrop Grumman

In other news, Director Mark Welsh, III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The stock was 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 in the company, 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.

Institutional Trading of Northrop Grumman

Large investors have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. raised its position in Northrop Grumman by 5.0% in the second quarter. QRG Capital Management Inc. now owns 5,974 shares of the aerospace company’s stock worth $3,042,000 after acquiring an additional 285 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Northrop Grumman by 32.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,195 shares of the aerospace company’s stock valued at $1,627,000 after acquiring an additional 791 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Northrop Grumman by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 221,000 shares of the aerospace company’s stock worth $112,558,000 after purchasing an additional 8,938 shares during the last quarter. State Street Corp increased its stake in shares of Northrop Grumman by 1.3% during the 2nd quarter. State Street Corp now owns 13,169,195 shares of the aerospace company’s stock worth $6,707,203,000 after purchasing an additional 168,267 shares during the last quarter. Finally, Talon Private Wealth LLC raised its holdings in shares of Northrop Grumman by 7.6% in the 2nd quarter. Talon Private Wealth LLC now owns 4,457 shares of the aerospace company’s stock worth $2,270,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NYSE NOC opened at $504.90 on Tuesday. Northrop Grumman has a 1 year low of $479.02 and a 1 year high of $774.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. The firm has a market cap of $71.71 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.99 and a beta of -0.11. The company has a fifty day moving average price of $540.89 and a 200-day moving average price of $574.10.

Northrop Grumman (NYSE:NOC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS 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 quarter in the prior year, the company posted $8.15 earnings per share. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, equities research analysts predict that Northrop Grumman will post 28.97 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st were given a dividend of $2.47 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $9.88 annualized dividend and a dividend yield of 2.0%. Northrop Grumman’s dividend payout ratio (DPR) is currently 31.39%.

About Northrop Grumman

(Get Free Report)

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense and other government agencies representing its primary markets. Its work spans advanced aircraft, autonomous systems, space systems, missile defense, command and control, cybersecurity, and other mission-critical technologies.

The company’s offerings include strategic and tactical aircraft, unmanned aerial vehicles, aircraft systems, satellites, spacecraft, launch vehicles, missile-warning and missile-defense systems, secure communications, and cyber and information systems.