Cambria Investment Management L.P. Makes New Investment in Northrop Grumman Corporation $NOC

Cambria Investment Management L.P. bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,125 shares of the aerospace company’s stock, valued at approximately $1,295,000.

Other large investors have also recently made changes to their positions in the company. Financial Life Planners bought a new position in Northrop Grumman during the 3rd quarter valued at approximately $27,000. Physician Wealth Advisors Inc. boosted its holdings in Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 32 shares in the last quarter. Parvin Asset Management LLC bought a new stake in Northrop Grumman in the second quarter worth $25,000. Hopwood Financial Services Inc. purchased a new stake in shares of Northrop Grumman in the third quarter worth $30,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Northrop Grumman in the third quarter worth $32,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman News Roundup

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

• Positive Sentiment: Pentagon discussion about adding a second B-21 production line and FY2027 budget signals potential multi-year revenue upside for B-21 prime contractors, which should benefit Northrop as the program’s prime. Pentagon Discussing Second B-21 Production Line
• Positive Sentiment: Reports that the Pentagon may request ~$200B tied to the Iran conflict point to elevated defense spending in 2026–27, a macro tailwind for large defense contractors including NOC. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Northrop says it’s expanding its supplier network to accelerate missile-defense deliveries — an operational move that can improve program throughput and reduce schedule risk on high-profile programs. Northrop Grumman expands supplier network
• Positive Sentiment: Field test activity: Talon IQ conducted a test flight aimed at CCA Increment 2 capabilities — progress on unmanned/controlled-collaborative assets supports future contract opportunities and tech credibility. With an Eye To CCA Increment 2, Talon IQ Conducts Test Flight
• Positive Sentiment: Fundamentals reminder: coverage pieces highlight a large $95.7B backlog and solid recent results (Q4 beat), reinforcing the long-term revenue runway for NOC. Northrop Grumman Is Up 29% in 2026 With a $95.7 Billion Backlog
• Neutral Sentiment: Northrop set its Q1 2026 earnings release and webcast for April 21 (pre-market) — a routine disclosure date that will be a near-term catalyst (guidance and execution will matter). Northrop Grumman Announces Date for First Quarter 2026 Financial Results and Webcast
• Neutral Sentiment: Valuation/coverage pieces note strong YTD share gains and a recent pullback — useful context but not an immediate fundamental driver. A Look At Northrop Grumman (NOC) Valuation
• Neutral Sentiment: MarketWatch notes NOC outperformed peers intraday despite a decline—suggests sector factors, not company-specific news, explained some of the move. Northrop Grumman Corp. stock outperforms competitors
• Negative Sentiment: Competitive pressure: General Dynamics won a $15.38B Navy submarine-support contract — a large program win for a peer that can influence future budget allocation and competitive dynamics. General Dynamics’ Arm Wins a $15.38B Navy Deal
• Negative Sentiment: Program cost growth headlines (e.g., Golden Dome C2 primes and added $10B) may increase scrutiny on program costs and budget trade-offs across missile/space programs that involve prime contractors. Guetlein Names Golden Dome C2 Primes, Adds $10 Billion To Total Cost

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Truist Financial reaffirmed a “hold” rating and issued a $623.00 price target (down from $688.00) on shares of Northrop Grumman in a research report on Friday, January 9th. Sanford C. Bernstein reissued a “market perform” rating and set a $727.00 price objective on shares of Northrop Grumman in a research report on Monday, January 12th. Royal Bank Of Canada raised their price objective on shares of Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $752.00 target price on shares of Northrop Grumman in a report on Thursday, January 15th. Finally, Argus set a $785.00 target price on shares of Northrop Grumman in a research note on Tuesday, February 10th. One equities research 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 stock. Based on data from MarketBeat.com, the stock presently 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, Director Mark A. Welsh III sold 95 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $684.52, for a total value of $65,029.40. Following the transaction, the director owned 4,203 shares of the company’s stock, valued at approximately $2,877,037.56. This represents a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kathy J. Warden sold 20,000 shares of the business’s 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 sale, the chief executive officer 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. The SEC filing for this sale provides additional information. Insiders sold a total of 32,431 shares of company stock worth $21,969,404 in the last ninety days. Insiders own 0.23% of the company’s stock.

Northrop Grumman Stock Down 1.6%

Shares of Northrop Grumman stock opened at $713.38 on Friday. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The company’s 50 day moving average is $701.71 and its 200 day moving average is $623.15. The company has a market cap of $101.24 billion, a price-to-earnings ratio of 24.49, a price-to-earnings-growth ratio of 5.38 and a beta of 0.03.

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

Northrop Grumman Dividend Announcement

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

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.