New York State Teachers Retirement System Sells 1,158 Shares of Northrop Grumman Corporation $NOC

New York State Teachers Retirement System decreased its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 1.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,003 shares of the aerospace company’s stock after selling 1,158 shares during the quarter. New York State Teachers Retirement System owned 0.07% of Northrop Grumman worth $62,152,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NOC. Parvin Asset Management LLC acquired a new position in Northrop Grumman during the 2nd quarter worth approximately $25,000. NewSquare Capital LLC increased its holdings in shares of 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 buying an additional 27 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Northrop Grumman in the 2nd quarter valued at $31,000. AlphaQuest LLC boosted its holdings in shares of Northrop Grumman by 29.2% during the 2nd quarter. AlphaQuest LLC now owns 93 shares of the aerospace company’s stock valued at $46,000 after acquiring an additional 21 shares in the last quarter. Finally, City Holding Co. boosted its holdings in shares of Northrop Grumman by 138.1% during the 2nd quarter. City Holding Co. now owns 100 shares of the aerospace company’s stock valued at $50,000 after acquiring an additional 58 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Stock Up 4.8%

Shares of NYSE NOC opened at $619.31 on Monday. The company’s 50 day moving average price is $570.08 and its 200-day moving average price is $572.72. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.98 and a current ratio of 1.11. Northrop Grumman Corporation has a 52-week low of $426.24 and a 52-week high of $640.90. The company has a market capitalization of $88.39 billion, a P/E ratio of 22.28, a price-to-earnings-growth ratio of 5.02 and a beta of 0.05.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 earnings per share for the quarter, topping analysts’ consensus estimates 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%. Northrop Grumman’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. Equities analysts forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 1st were paid a $2.31 dividend. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. Northrop Grumman’s payout ratio is currently 33.24%.

Analyst Ratings Changes

A number of brokerages have issued reports on NOC. JPMorgan Chase & Co. upped their target price on Northrop Grumman from $575.00 to $640.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft set a $700.00 price objective on shares of Northrop Grumman and gave the company a “buy” rating in a report on Wednesday, October 8th. Alembic Global Advisors raised shares of Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price on the stock in a report on Monday, December 15th. UBS Group raised their price target on shares of Northrop Grumman to $770.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Finally, BTIG Research boosted their price objective on shares of Northrop Grumman from $630.00 to $680.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $647.35.

Key Northrop Grumman News

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

• Positive Sentiment: Trump floated a dramatic $1.5 trillion 2027 defense budget, which lifted defense stocks and boosted investor expectations for higher government spending that would benefit large contractors like Northrop. Trump proposes massive increase in 2027 defense spending to $1.5T
• Positive Sentiment: Northrop won a Navy contract (~$94.3M) for solid rocket motors (SSRM), adding near-term revenue and strengthening backlog in propulsion/ordnance. Northrop Grumman wins $94.3 million Navy contract for rocket motors
• Positive Sentiment: Northrop was competitively awarded the Marine Corps CCA work (with Kratos’ Valkyrie UAS) to rapidly develop collaborative combat aircraft — a program win that supports future unmanned/autonomy revenue. Northrop Grumman to Rapidly Develop Marine Corps CCA with Kratos’ Valkyrie UAS
• Positive Sentiment: Northrop launched a digitally enhanced ICBM target vehicle, highlighting product development and tech leadership that can support future DoD awards. Northrop Grumman launches digitally enhanced ICBM target vehicle
• Positive Sentiment: Analysts and research services note Northrop’s strong earnings-surprise history and Zacks/other research highlighting the company as a potential beat ahead of quarterly results, supporting bullish expectations. Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Technical indicators (golden cross / rising relative strength) are signaling short-term momentum, which can attract technical buyers ahead of earnings. Northrop Grumman (NOC) Just Flashed Golden Cross Signal
• Neutral Sentiment: Zacks issued small EPS revisions (mixed downgrades/raises) that mostly keep FY2027 outlook stable but add estimate noise near the next report. MarketBeat NOC coverage (Zacks estimates)
• Negative Sentiment: President Trump signed/ordered curbs on buybacks/dividends and signaled caps on executive pay for underperforming contractors — a material policy risk that could limit shareholder returns and triggered selling pressure across the sector. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Northrop’s CEO disclosed recent sales of several thousand shares (Jan. 5–6), which some investors view negatively amid heightened policy scrutiny. SEC Form 4 — Kathy J. Warden
• Negative Sentiment: After Trump’s comments and orders, intraday headlines showed immediate selling pressure on defense names, which weighed on Northrop despite positive contract/news flow. Northrop Grumman Stock Drops After Trump Warns Against Buybacks Over Investment

Insider Activity

In other Northrop Grumman news, Director Mark A. Welsh III sold 97 shares of the business’s stock in a transaction that occurred 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 directly owned 4,281 shares of the company’s stock, valued at approximately $2,414,826.48. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kathy J. Warden sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $615.00, for a total transaction of $1,845,000.00. Following the sale, the chief executive officer directly owned 191,602 shares of the company’s stock, valued at approximately $117,835,230. This trade represents a 1.54% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 10,097 shares of company stock worth $6,099,716. 0.23% of the stock is owned by corporate insiders.

Northrop Grumman Profile

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.