Northrop Grumman Corporation $NOC Position Raised by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its position in Northrop Grumman Corporation (NYSE:NOC) by 14.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,516 shares of the aerospace company’s stock after purchasing an additional 1,208 shares during the period. Stratos Wealth Partners LTD.’s holdings in Northrop Grumman were worth $5,426,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NOC. Howard Financial Services LTD. lifted its holdings in shares of Northrop Grumman by 1.4% in the fourth quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock valued at $651,000 after buying an additional 16 shares during the period. Frank Rimerman Advisors LLC grew its holdings in Northrop Grumman by 0.8% during the fourth quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock worth $1,125,000 after acquiring an additional 16 shares during the period. West Wealth Group LLC raised its position in Northrop Grumman by 4.3% in the third quarter. West Wealth Group LLC now owns 412 shares of the aerospace company’s stock worth $251,000 after acquiring an additional 17 shares in the last quarter. Nilsine Partners LLC raised its position in Northrop Grumman by 0.4% in the fourth quarter. Nilsine Partners LLC now owns 4,253 shares of the aerospace company’s stock worth $2,425,000 after acquiring an additional 17 shares in the last quarter. Finally, Dakota Community Bank & Trust NA lifted its holdings in Northrop Grumman by 6.9% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 278 shares of the aerospace company’s stock valued at $169,000 after acquiring an additional 18 shares during the last quarter. 83.40% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on NOC shares. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research report on Monday, March 23rd. Sanford C. Bernstein reissued a “market perform” rating and set a $727.00 target price on shares of Northrop Grumman in a research note on Monday, January 12th. Jefferies Financial Group raised their target price on shares of Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. Royal Bank Of Canada lifted their price target on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 price target on shares of Northrop Grumman in a report on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $708.65.

Northrop Grumman Trading Up 0.2%

Shares of NOC opened at $703.88 on Monday. The business’s 50-day moving average price is $709.88 and its 200 day moving average price is $632.24. 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 capitalization of $99.89 billion, a P/E ratio of 24.16, a P/E/G ratio of 5.21 and a beta of 0.04. Northrop Grumman Corporation has a 1-year low of $450.13 and a 1-year high of $774.00.

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 net margin of 9.97% and a return on equity of 25.57%. The company had revenue of $11.71 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the prior year, the firm earned $6.39 earnings per share. The business’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. Analysts expect that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Announces Dividend

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

Insider Activity

In related news, VP Benjamin R. Davies sold 2,189 shares of the firm’s 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 completion of the transaction, the vice president owned 151 shares of the company’s stock, valued at approximately $108,661.11. This trade represents a 93.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Welsh III sold 95 shares of Northrop Grumman 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 transaction, the director owned 4,203 shares in the company, valued at approximately $2,877,037.56. The trade was a 2.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,431 shares of company stock worth $17,769,404 in the last quarter. 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.