111 Capital Makes New $1.11 Million Investment in Northrop Grumman Corporation $NOC

111 Capital bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,814 shares of the aerospace company’s stock, valued at approximately $1,105,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Physician Wealth Advisors Inc. raised its position in Northrop Grumman by 200.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 32 shares in the last quarter. Parvin Asset Management LLC bought a new stake in shares of Northrop Grumman in the second quarter valued at about $25,000. Hopwood Financial Services Inc. purchased a new stake in Northrop Grumman in the third quarter worth about $30,000. Twin Peaks Wealth Advisors LLC bought a new position in Northrop Grumman during the 2nd quarter worth about $31,000. Finally, NewSquare Capital LLC increased its position in Northrop Grumman by 75.0% during the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the period. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman Trading Up 2.1%

Northrop Grumman stock opened at $725.81 on Monday. The firm has a market cap of $103.01 billion, a PE ratio of 24.92, a P/E/G ratio of 5.38 and a beta of 0.03. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $745.55. The stock’s 50 day simple moving average is $657.85 and its two-hundred day simple moving average is $608.68. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91.

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

Northrop Grumman Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NOC. Vertical Research reiterated a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a report on Tuesday, January 27th. TD Cowen restated a “hold” rating on shares of Northrop Grumman in a report on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $752.00 price objective on shares of Northrop Grumman in a research report on Thursday, January 15th. Truist Financial reissued a “hold” rating and set a $623.00 target price (down from $688.00) on shares of Northrop Grumman in a research report on Friday, January 9th. Finally, Morgan Stanley restated an “overweight” rating and issued a $765.00 target price on shares of Northrop Grumman in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $693.60.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the transaction, the chief accounting officer owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This represents a 5.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction that occurred on 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 owned 171,602 shares in the company, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,431 shares of company stock valued at $21,969,404 in the last 90 days. Corporate insiders own 0.23% of the company’s stock.

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.