Advyzon Investment Management LLC Acquires Shares of 797 Northrop Grumman Corporation $NOC

Advyzon Investment Management LLC bought a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 797 shares of the aerospace company’s stock, valued at approximately $486,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parvin Asset Management LLC bought a new stake in Northrop Grumman during the 2nd quarter worth approximately $25,000. Physician Wealth Advisors Inc. boosted its position in shares of Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares during the last quarter. Hopwood Financial Services Inc. purchased a new position in shares of Northrop Grumman during the third quarter valued at approximately $30,000. NewSquare Capital LLC grew its holdings 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 buying an additional 27 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Northrop Grumman in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Insider Transactions at Northrop Grumman

In related news, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the sale, the chief executive officer owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Benjamin R. Davies sold 2,189 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the sale, the vice president owned 151 shares in the company, valued at $108,661.11. This represents a 93.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 32,528 shares of company stock valued at $22,024,120. Corporate insiders own 0.23% of the company’s stock.

Northrop Grumman Stock Performance

NYSE NOC opened at $722.73 on Friday. Northrop Grumman Corporation has a 52-week low of $437.83 and a 52-week high of $745.55. The company has a 50-day simple moving average of $642.66 and a 200 day simple moving average of $603.76. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10. The company has a market capitalization of $102.57 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 5.37 and a beta of 0.04.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share 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 firm had revenue of $11.71 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the company earned $6.39 earnings per share. The company’s quarterly 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, research analysts predict that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on NOC shares. Truist Financial reaffirmed a “hold” rating and set a $623.00 price objective (down from $688.00) on shares of Northrop Grumman in a report on Friday, January 9th. BNP Paribas Exane assumed coverage on shares of Northrop Grumman in a research report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price target on the stock. Argus set a $785.00 price target on shares of Northrop Grumman in a report on Tuesday, February 10th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $727.00 price objective on shares of Northrop Grumman in a research report on Monday, January 12th. Finally, Citigroup lifted their target price on shares of Northrop Grumman from $715.00 to $781.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman Company 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.