Bingham Private Wealth LLC Invests $476,000 in Northrop Grumman Corporation $NOC

Bingham Private Wealth LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 835 shares of the aerospace company’s stock, valued at approximately $476,000.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Northrop Grumman by 0.8% during the third quarter. Vanguard Group Inc. now owns 13,531,586 shares of the aerospace company’s stock worth $8,245,066,000 after buying an additional 109,941 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Northrop Grumman by 2.2% during the third quarter. Franklin Resources Inc. now owns 2,996,284 shares of the aerospace company’s stock worth $1,825,696,000 after buying an additional 63,223 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Northrop Grumman by 0.3% during the third quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock worth $990,046,000 after buying an additional 4,844 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Northrop Grumman by 26.7% during the third quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock worth $640,534,000 after buying an additional 221,431 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Northrop Grumman by 4.1% during the third quarter. Legal & General Group Plc now owns 746,585 shares of the aerospace company’s stock worth $454,909,000 after buying an additional 29,478 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Stock Performance

NYSE NOC opened at $679.95 on Wednesday. The company has a market capitalization of $96.57 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 4.82 and a beta of 0.04. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00. The stock has a fifty day simple moving average of $709.81 and a 200 day simple moving average of $637.42. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91.

Northrop Grumman (NYSE:NOC) last posted 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 business had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.Northrop Grumman’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Sell-side analysts expect that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders 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 yield of 1.4%. Northrop Grumman’s dividend payout ratio is 31.72%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NOC. Truist Financial reiterated a “hold” rating and set a $623.00 price target (down from $688.00) on shares of Northrop Grumman in a report on Friday, January 9th. Wells Fargo & Company began coverage on Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price objective for the company. Susquehanna restated a “positive” rating and issued a $752.00 price objective on shares of Northrop Grumman in a report on Thursday, January 15th. BTIG Research increased their price objective on Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Jefferies Financial Group increased their price objective on Northrop Grumman from $690.00 to $710.00 and gave the company a “hold” rating in a report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $719.58.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: B-21 Raider flight test acceleration: Northrop reported successful aerial refueling, multiple “code one” sorties and $5B+ invested in digital/manufacturing to ramp production toward an initial 2027 delivery — underpins long‑term revenue and strengthens program credibility. B-21 Demonstrates Advanced Capabilities
• Positive Sentiment: Sentinel ICBM momentum: Northrop and USAF report accelerated Sentinel milestones toward a 2027 first flight and early‑2030s initial capability — a high‑value, multi‑year modernization program supporting backlog visibility. Sentinel Program Advance
• Positive Sentiment: Space business activity: Completion/launch of the Cygnus XL cargo mission demonstrates expanding commercial/ISS logistics capability that adds recurring space revenue streams. Cygnus XL Cargo Mission
• Neutral Sentiment: Earnings setup looks constructive: Analysts and preview pieces show expectations for EPS growth and a potential earnings beat driven by backlog and defense demand — a near‑term catalyst but also priced in by some investors. Earnings Expected to Grow
• Neutral Sentiment: Mixed institutional and analyst signals: Multiple buy ratings and high price targets coexist with sizable Q4 institutional trimming (e.g., UBS, Wellington) — suggests divergent views and potential for volatility. Quiver Quant: Holdings & Targets
• Negative Sentiment: Insider selling and margin risks: Quiver data shows sustained insider sales (no recent buys), and preview coverage flags potential B-21 program cost/expense pressure that could weigh on near‑term margins and the upcoming quarter. Insider Selling & Financials Margin/Cost Risks Ahead of Q1

Insider Activity

In other Northrop Grumman news, VP Benjamin R. Davies sold 2,189 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total transaction of $1,575,226.29. Following the sale, the vice president owned 151 shares of the company’s stock, valued at approximately $108,661.11. This represents a 93.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $684.52, for a total transaction of $65,029.40. Following the sale, the director directly owned 4,203 shares in the company, valued at $2,877,037.56. This trade represents a 2.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 22,431 shares of company stock worth $15,924,404. 0.23% of the stock is owned by insiders.

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.