Northrop Grumman (NYSE:NOC) Given New $710.00 Price Target at Jefferies Financial Group

Northrop Grumman (NYSE:NOC) had its price target lifted by Jefferies Financial Group from $690.00 to $710.00 in a report published on Thursday,Benzinga reports. Jefferies Financial Group currently has a hold rating on the aerospace company’s stock.

Other equities research analysts also recently issued research reports about the stock. Alembic Global Advisors raised shares of Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price for the company in a research report on Monday, December 15th. BTIG Research lifted their target price on shares of Northrop Grumman from $680.00 to $815.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Citigroup lifted their target price on shares of Northrop Grumman from $781.00 to $807.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 target price on shares of Northrop Grumman in a research report on Thursday, January 29th. Finally, UBS Group lifted their target price on shares of Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus price target of $709.65.

Northrop Grumman Price Performance

Shares of NOC opened at $690.71 on Thursday. The company has a market capitalization of $98.10 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 5.10 and a beta of 0.04. 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 firm has a 50 day moving average of $710.75 and a 200 day moving average of $634.71. Northrop Grumman has a twelve month low of $450.13 and a twelve month high of $774.00.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating the consensus estimate of $6.97 by $0.26. The company 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 quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities research analysts anticipate that Northrop Grumman will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The firm also recently disclosed 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. 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 1.3%. Northrop Grumman’s payout ratio is presently 31.72%.

Insider Buying and Selling at Northrop Grumman

In other news, CAO Michael A. Hardesty sold 147 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at $1,850,774.50. The trade was a 5.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Kathy J. Warden sold 20,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the sale, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. The trade was a 10.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 22,431 shares of company stock worth $15,924,404. 0.23% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Northrop Grumman

A number of hedge funds have recently modified their holdings of NOC. Kestra Investment Management LLC boosted its holdings in Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after buying an additional 15 shares during the period. Evolution Wealth Management Inc. boosted its holdings in Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after buying an additional 15 shares during the period. Howard Financial Services LTD. boosted its holdings in Northrop Grumman by 1.4% in the 4th quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after buying an additional 16 shares during the period. Frank Rimerman Advisors LLC boosted its holdings in Northrop Grumman by 0.8% in the 4th quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock worth $1,125,000 after buying an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its holdings in Northrop Grumman by 0.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock worth $2,288,000 after buying an additional 16 shares during the period. Institutional investors own 83.40% of the company’s stock.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Operational win — Northrop launched U.S. Space Force satellites on a Minotaur IV rocket, reinforcing its launch-services credentials and direct revenue exposure to Space Force programs. Northrop Grumman launches US Space Force satellites on Minotaur IV rocket
• Positive Sentiment: Program execution — Northrop supplied two solid rocket boosters for NASA’s Artemis II (reported as generating 7.2M pounds of thrust), highlighting its role on high‑profile civil space programs and recurring propulsion revenue. What’s Next For Northrop Grumman Corp (NOC) After Investing Ahead of Need?
• Positive Sentiment: Product/tech demo — Northrop plans the first demo of an IBCS‑enabled Infantry Squad Vehicle (ISV) in late April, which could accelerate wins in integrated air‑and‑missile defense modernization if successful. Northrop Grumman Plans First Demo Of IBCS-Enabled ISV In Late April
• Positive Sentiment: Analyst tweak — Jefferies raised its price target from $690 to $710 (hold rating), a modest positive signal for near‑term upside expectations. Benzinga
• Neutral Sentiment: Analyst commentary roundup — Industry writeups and analyst notes are offering mixed takes on growth drivers across Northrop’s segments; useful context but not a single catalyst. Analysts Offer Insights on Industrial Goods Companies
• Negative Sentiment: B‑21 risk — A proposed FY‑2027 U.S. defense budget could slow planned B‑21 Raider procurement versus earlier expectations, hitting a core long‑term growth program and valuation assumptions if orders are downshifted. B‑21 Budget Uncertainty Tests Northrop Grumman Valuation And Growth Story
• Negative Sentiment: Macro/market pressure — Defense stocks have been mixed/soft after an Iran cease‑fire announcement and broader rotational moves; sentiment-driven flows can pressure NOC despite company‑level wins. Defense Stocks Mixed After Iran Cease-Fire

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.