Zacks Research Has Positive Estimate for NOC Q1 Earnings

Northrop Grumman Corporation (NYSE:NOC) – Analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for Northrop Grumman in a research note issued to investors on Tuesday, August 12th. Zacks Research analyst A. Dutta now forecasts that the aerospace company will post earnings per share of $5.76 for the quarter, up from their prior estimate of $5.50. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.05 per share. Zacks Research also issued estimates for Northrop Grumman’s FY2026 earnings at $27.69 EPS, Q1 2027 earnings at $2.07 EPS and FY2027 earnings at $30.74 EPS.

A number of other analysts have also weighed in on NOC. Wells Fargo & Company restated an “overweight” rating on shares of Northrop Grumman in a research note on Tuesday, July 22nd. Barclays raised their target price on Northrop Grumman from $500.00 to $580.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Wall Street Zen lowered Northrop Grumman from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th. UBS Group lowered their price objective on Northrop Grumman from $583.00 to $571.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. Finally, Truist Financial reiterated a “buy” rating and issued a $625.00 price objective (up from $550.00) on shares of Northrop Grumman in a research report on Wednesday, July 23rd. Ten investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $586.79.

Northrop Grumman Stock Performance

Shares of NYSE:NOC opened at $581.86 on Wednesday. Northrop Grumman has a twelve month low of $426.24 and a twelve month high of $594.68. The firm has a market cap of $83.31 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 5.50 and a beta of 0.15. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.93 and a current ratio of 1.04. The business has a fifty day moving average of $528.25 and a 200-day moving average of $499.57.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, July 22nd. The aerospace company reported $7.11 earnings per share for the quarter, beating analysts’ consensus estimates of $6.84 by $0.27. Northrop Grumman had a return on equity of 25.52% and a net margin of 9.74%. The company had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.15 billion. During the same period last year, the company posted $6.36 earnings per share. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year.

Northrop Grumman Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were given a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, June 2nd. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.06. Northrop Grumman’s dividend payout ratio is presently 34.06%.

Insider Buying and Selling

In related news, CEO Kathy J. Warden sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $505.77, for a total value of $3,793,275.00. Following the completion of the transaction, the chief executive officer directly owned 201,602 shares in the company, valued at approximately $101,964,243.54. The trade was a 3.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Thomas H. Jones sold 729 shares of the business’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $505.77, for a total value of $368,706.33. Following the completion of the transaction, the vice president owned 7,552 shares of the company’s stock, valued at $3,819,575.04. This represents a 8.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,536 shares of company stock valued at $8,306,857 over the last 90 days. 0.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Northrop Grumman

Institutional investors and hedge funds have recently modified their holdings of the business. IMA Advisory Services Inc. acquired a new position in shares of Northrop Grumman in the 1st quarter valued at approximately $27,000. Saudi Central Bank acquired a new position in shares of Northrop Grumman in the 1st quarter valued at approximately $28,000. Banque Cantonale Vaudoise acquired a new position in shares of Northrop Grumman in the 1st quarter valued at approximately $30,000. NewSquare Capital LLC grew its position in shares of Northrop Grumman by 75.0% in the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Northrop Grumman in the 2nd quarter valued at approximately $31,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Company Profile

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.