3,481 Shares in Northrop Grumman Corporation $NOC Acquired by Caprock Group LLC

Caprock Group LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,481 shares of the aerospace company’s stock, valued at approximately $2,054,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Coign Capital Advisors LLC lifted its stake in shares of Northrop Grumman by 1.3% in the second quarter. Coign Capital Advisors LLC now owns 1,294 shares of the aerospace company’s stock worth $647,000 after buying an additional 17 shares in the last quarter. Howard Financial Services LTD. raised its holdings in Northrop Grumman by 1.5% in the 3rd quarter. Howard Financial Services LTD. now owns 1,127 shares of the aerospace company’s stock valued at $687,000 after acquiring an additional 17 shares during the last quarter. West Wealth Group LLC lifted its stake in Northrop Grumman by 4.3% in the 3rd quarter. West Wealth Group LLC now owns 412 shares of the aerospace company’s stock worth $251,000 after purchasing an additional 17 shares in the last quarter. King Luther Capital Management Corp boosted its holdings in shares of Northrop Grumman by 1.5% during the 2nd quarter. King Luther Capital Management Corp now owns 1,243 shares of the aerospace company’s stock worth $621,000 after purchasing an additional 18 shares during the last quarter. Finally, Dakota Community Bank & Trust NA grew its position in shares of Northrop Grumman by 6.9% in the third quarter. Dakota Community Bank & Trust NA now owns 278 shares of the aerospace company’s stock valued at $169,000 after purchasing an additional 18 shares in the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Trading Up 1.0%

NYSE NOC opened at $702.20 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01. The stock has a market capitalization of $99.66 billion, a P/E ratio of 24.11, a PEG ratio of 5.16 and a beta of 0.04. The firm’s 50-day moving average is $626.71 and its two-hundred day moving average is $598.91. Northrop Grumman Corporation has a 12 month low of $426.24 and a 12 month high of $715.61.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business had revenue of $11.71 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm earned $6.39 EPS. The business’s revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd will be given a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is currently 31.72%.

Insiders Place Their Bets

In related news, Director Mark A. Welsh III sold 95 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the completion of the transaction, the director directly owned 4,203 shares in the company, valued at $2,877,037.56. This trade represents a 2.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the transaction, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This represents a 10.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,192 shares of company stock valued at $20,341,145 over the last ninety days. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

NOC has been the topic of a number of analyst reports. Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 price objective on the stock in a research report on Monday, December 15th. Argus set a $785.00 price target on Northrop Grumman in a report on Tuesday. Citigroup upped their price objective on shares of Northrop Grumman from $715.00 to $781.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Royal Bank Of Canada raised their price objective on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, BNP Paribas Exane initiated coverage on shares of Northrop Grumman in a report on Tuesday, November 18th. They issued an “outperform” rating and a $710.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $693.60.

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.