Canoe Financial LP Cuts Position in Northrop Grumman Corporation $NOC

Canoe Financial LP reduced its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 33.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,222 shares of the aerospace company’s stock after selling 26,042 shares during the quarter. Canoe Financial LP’s holdings in Northrop Grumman were worth $29,778,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new stake in shares of Northrop Grumman during the third quarter valued at about $27,000. Physician Wealth Advisors Inc. grew its position in shares of Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after buying an additional 32 shares during the last quarter. Parvin Asset Management LLC purchased a new position in shares of Northrop Grumman in the 2nd quarter worth approximately $25,000. Hopwood Financial Services Inc. bought a new position in shares of Northrop Grumman during the 3rd quarter worth approximately $30,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Northrop Grumman during the third quarter valued at approximately $32,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Trading Down 1.9%

NYSE NOC opened at $679.10 on Friday. Northrop Grumman Corporation has a 12-month low of $450.13 and a 12-month high of $774.00. The company has a fifty day simple moving average of $707.34 and a two-hundred day simple moving average of $627.91. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The stock has a market cap of $96.38 billion, a P/E ratio of 23.31, a P/E/G ratio of 5.04 and a beta of 0.03.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data 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. The firm had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company earned $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts forecast 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 was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were issued a $2.31 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.4%. Northrop Grumman’s dividend payout ratio is currently 31.72%.

Trending Headlines about Northrop Grumman

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

• Positive Sentiment: Won a $127 million Navy contract to supply supersonic targets — a near-term revenue and backlog boost that reinforces defense spending tailwinds for NOC. Northrop Grumman wins $127 million Navy contract for supersonic targets
• Positive Sentiment: NASA is shifting significant funding toward lunar exploration and has handed major roles to contractors — Northrop is supplying rockets, landers, rovers and power systems, positioning it to capture multi‑billion program spending. Northrop Grumman Moves Closer To Center Of U.S. Lunar Push
• Positive Sentiment: Coverage highlights that the U.S. is directing roughly $20B into lunar efforts to outpace China — another macro tailwind for Northrop’s space business and long‑term revenue visibility. America is About to Spend $20B to Beat China to the Moon
• Positive Sentiment: Technical/AI progress: Talon IQ testbed completed its first partner mission autonomy flight, supporting Northrop’s push into autonomous systems and command/control capabilities that have higher margin potential. Northrop Grumman (NOC) Advances Autonomous Flight Capabilities With Talon IQ
• Positive Sentiment: Retail/media lift: Jim Cramer mentioned NOC as a potential buy, which can drive short-term retail interest and volatility. Northrop Grumman (NOC) Stock Up After Jim Cramer Said It Could Be Bought
• Neutral Sentiment: Upcoming earnings: Analysts expect only marginal EPS growth for the next quarter — results and guidance will be a near-term catalyst. What You Need To Know Ahead of Northrop Grumman’s Earnings Release
• Neutral Sentiment: Defense ecosystem moves (Golden Dome/AI projects and competitors winning Navy work) reshape opportunity sets but are not immediate positives or negatives for NOC — they affect long-term program mix and partner dynamics. Did Golden Dome, AI Autonomy Advances Just Shift Northrop Grumman’s (NOC) Investment Narrative?
• Neutral Sentiment: Competitor wins (e.g., General Dynamics’ Navy support contract) highlight strong defense demand but also competition for program dollars. General Dynamics’ Arm Wins a Navy Deal for Submarine Support
• Negative Sentiment: Critical coverage lists valuation and other risks — with a recent share run and high PEG, some investors may trim positions, pressuring the stock in the near term. 3 Reasons NOC is Risky and 1 Stock to Buy Instead

Insider Transactions at Northrop Grumman

In related news, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction that occurred on 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 transaction, the vice president owned 151 shares in the company, valued at approximately $108,661.11. This represents a 93.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kathy J. Warden sold 20,000 shares of the firm’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 transaction of $14,176,400.00. Following the transaction, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at $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. In the last ninety days, insiders have sold 32,431 shares of company stock valued at $21,969,404. 0.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

NOC has been the topic of several analyst reports. Vertical Research reaffirmed a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a report on Tuesday, January 27th. Susquehanna reiterated a “positive” rating and set a $752.00 price objective on shares of Northrop Grumman in a report on Thursday, January 15th. UBS Group raised their price objective on Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. TD Cowen restated a “hold” rating on shares of Northrop Grumman in a research note on Wednesday, January 28th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $727.00 price target on shares of Northrop Grumman in a research note on Monday, January 12th. One equities research 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 stock. According to MarketBeat.com, the company currently 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.