Bartlett & CO. Wealth Management LLC Has $2.41 Million Position in Northrop Grumman Corporation $NOC

Bartlett & CO. Wealth Management LLC raised its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 627.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,949 shares of the aerospace company’s stock after purchasing an additional 3,406 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Northrop Grumman were worth $2,406,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NOC. Parvin Asset Management LLC acquired a new stake in shares of Northrop Grumman during the 2nd quarter worth about $25,000. Saudi Central Bank bought a new position in Northrop Grumman in the 1st quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Northrop Grumman during the second quarter worth approximately $31,000. NewSquare Capital LLC lifted its position in Northrop Grumman by 75.0% during the second quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock worth $31,000 after acquiring an additional 27 shares during the last quarter. Finally, Flaharty Asset Management LLC bought a new stake in shares of Northrop Grumman during the first quarter worth approximately $36,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Stock Up 1.8%

Shares of NYSE NOC opened at $569.46 on Friday. Northrop Grumman Corporation has a 52 week low of $426.24 and a 52 week high of $640.90. The stock’s fifty day moving average is $574.12 and its 200 day moving average is $562.55. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.98 and a current ratio of 1.11. The stock has a market capitalization of $81.27 billion, a P/E ratio of 20.48, a PEG ratio of 4.89 and a beta of 0.05.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.43 by $1.24. The firm had revenue of $10.42 billion for 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 for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. Sell-side analysts forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, December 1st were paid a dividend of $2.31 per share. The ex-dividend date was Monday, December 1st. This represents a $9.24 annualized dividend and a yield of 1.6%. Northrop Grumman’s dividend payout ratio is presently 33.24%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NOC. Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price on the stock in a research note on Monday, December 15th. Wall Street Zen raised Northrop Grumman from a “hold” rating to a “buy” rating in a report on Friday, September 5th. BNP Paribas raised shares of Northrop Grumman to a “strong-buy” rating in a research report on Tuesday, November 18th. Truist Financial raised their price target on shares of Northrop Grumman from $625.00 to $688.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Northrop Grumman in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Northrop Grumman presently has a consensus rating of “Moderate Buy” and an average target price of $651.18.

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark A. Welsh III sold 97 shares of Northrop Grumman stock in a transaction on Monday, November 24th. The stock was sold at an average price of $564.08, for a total value of $54,715.76. Following the transaction, the director owned 4,281 shares in the company, valued at approximately $2,414,826.48. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Northrop Grumman News Roundup

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Won a $120.01M U.S. Navy contract, adding program revenue and near‑term backlog that supports cash flow visibility. Northrop Grumman awarded $120.01M Navy contract
• Positive Sentiment: Secured a $142M U.S. Air Force contract, further diversifying recent awards across service customers and programs. Northrop Grumman awarded a $142 million Air Force contract
• Positive Sentiment: Received a $334.42M Navy contract modification — a sizeable follow‑on that increases funded backlog and short‑term revenue certainty. Northrop Grumman awarded $334.42M Navy contract modification
• Positive Sentiment: Completed a successful test of the Mk 72 rocket motor — technical progress that de‑risks missile programs and could support future production awards. Northrop Grumman completes successful test of Mk 72 rocket motor
• Positive Sentiment: Morgan Stanley initiated/issued a Buy on NOC (or reiterated a Buy) — analyst support that can attract funds and validate upside expectations. Northrop Grumman (NOC) Receives a Buy from Morgan Stanley
• Positive Sentiment: Poland has declared full combat readiness for Northrop Grumman’s IBCS, indicating international deployment and potential recurring support/services revenue. Poland achieves full combat readiness for Northrop Grumman’s IBCS
• Positive Sentiment: Coverage piece on recent missile and air‑defense test milestones highlights how technical wins are reshaping NOC’s investment thesis for defense investors. How New Missile and Air Defense Test Milestones At Northrop Grumman (NOC) Have Changed Its Investment Story
• Neutral Sentiment: Announced Q4 and full‑year 2025 results release date for Jan 27, 2026 — a near‑term event that could be a bigger stock mover depending on guidance and order activity. Northrop Grumman Announces Date for Fourth Quarter and Full-Year 2025 Financial Results and Webcast
• Neutral Sentiment: P/E and valuation overviews published (useful for longer‑term sizing but less likely to move the stock immediately). Price Over Earnings Overview: Northrop Grumman

About Northrop Grumman

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.