Northrop Grumman Corporation $NOC Shares Acquired by Czech National Bank

Czech National Bank lifted its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,376 shares of the aerospace company’s stock after acquiring an additional 1,192 shares during the period. Czech National Bank’s holdings in Northrop Grumman were worth $20,172,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Financial Life Planners acquired a new stake in Northrop Grumman during the 3rd quarter worth $27,000. Physician Wealth Advisors Inc. increased its stake in Northrop Grumman by 200.0% in the third 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 during the period. Parvin Asset Management LLC purchased 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 shares of Northrop Grumman in the third quarter valued at about $30,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Northrop Grumman during the third quarter worth about $32,000. 83.40% of the stock is owned by institutional investors and hedge funds.

Northrop Grumman Stock Performance

NYSE:NOC opened at $692.14 on Friday. The firm’s fifty day simple moving average is $707.10 and its 200-day simple moving average is $626.84. 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 stock has a market cap of $98.23 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 5.13 and a beta of 0.03. Northrop Grumman Corporation has a fifty-two week low of $450.13 and a fifty-two week high of $774.00.

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

Northrop Grumman Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders 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 dividend yield of 1.3%. The ex-dividend date was Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is presently 31.72%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NOC. Royal Bank Of Canada raised their price target on Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Alembic Global Advisors raised Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 price objective for the company in a research note on Monday, December 15th. BTIG Research increased their price objective on Northrop Grumman from $680.00 to $815.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Jefferies Financial Group lifted their target price on Northrop Grumman from $630.00 to $690.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, Bank of America boosted their target price on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Northrop Grumman currently has an average rating of “Moderate Buy” and an average target price of $693.60.

Insider Activity at Northrop Grumman

In other news, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the sale, the director owned 4,203 shares of the company’s stock, valued at $2,877,037.56. The trade was a 2.21% decrease in their position. 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 company’s stock in a transaction that occurred on 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 in the company, valued at approximately $121,634,929.64. This 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. Insiders own 0.23% of the company’s stock.

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.