Zacks Research Expects Higher Earnings for Northrop Grumman

Northrop Grumman Corporation (NYSE:NOC) – Equities research analysts at Zacks Research boosted their Q2 2027 earnings estimates for shares of Northrop Grumman in a report issued on Tuesday, December 9th. Zacks Research analyst Team now anticipates that the aerospace company will earn $8.16 per share for the quarter, up from their previous estimate of $7.98. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.05 per share.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, beating the consensus estimate of $6.43 by $1.24. The business had revenue of $10.42 billion during the quarter, compared to the consensus estimate of $10.68 billion. Northrop Grumman had a net margin of 9.82% and a return on equity of 25.49%. The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.00 EPS. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS.

A number of other equities analysts have also recently commented on NOC. BNP Paribas Exane began coverage on shares of Northrop Grumman in a research note on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price target for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Northrop Grumman in a research note on Tuesday, October 14th. Wall Street Zen upgraded Northrop Grumman from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Sanford C. Bernstein set a $696.00 price target on Northrop Grumman in a report on Thursday, October 23rd. Finally, BNP Paribas raised Northrop Grumman to a “strong-buy” rating in a research note on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $650.88.

Northrop Grumman Trading Up 1.7%

NOC opened at $569.50 on Friday. The stock has a 50-day moving average of $580.16 and a 200 day moving average of $558.99. The company has a current ratio of 1.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.95. Northrop Grumman has a 12 month low of $426.24 and a 12 month high of $640.90. The firm has a market cap of $81.28 billion, a P/E ratio of 20.49, a P/E/G ratio of 4.88 and a beta of 0.05.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NOC. Saranac Partners Ltd acquired a new position in shares of Northrop Grumman during the 3rd quarter worth about $55,000. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Northrop Grumman by 186.3% during the third quarter. Strategic Investment Solutions Inc. IL now owns 604 shares of the aerospace company’s stock worth $369,000 after buying an additional 393 shares during the last quarter. Severin Investments LLC lifted its holdings in shares of Northrop Grumman by 131.3% during the third quarter. Severin Investments LLC now owns 1,464 shares of the aerospace company’s stock worth $892,000 after buying an additional 831 shares during the last quarter. Allworth Financial LP boosted its position in shares of Northrop Grumman by 7.1% in the third quarter. Allworth Financial LP now owns 6,617 shares of the aerospace company’s stock valued at $4,032,000 after acquiring an additional 441 shares during the period. Finally, Swiss Life Asset Management Ltd grew its stake in shares of Northrop Grumman by 13.5% in the third quarter. Swiss Life Asset Management Ltd now owns 9,675 shares of the aerospace company’s stock worth $5,895,000 after acquiring an additional 1,149 shares during the last quarter. 83.40% of the stock is owned by institutional investors.

Insider Transactions at Northrop Grumman

In related news, Director Mark A. Welsh III sold 97 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $564.08, for a total value of $54,715.76. Following the sale, the director directly owned 4,281 shares in the company, valued at $2,414,826.48. The trade was a 2.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.23% of the company’s stock.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Monday, December 1st will be paid a dividend of $2.31 per share. This represents a $9.24 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, December 1st. Northrop Grumman’s dividend payout ratio (DPR) is presently 33.24%.

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.