Adelphi Trust Co Acquires New Position in Northrop Grumman Corporation $NOC

Adelphi Trust Co acquired a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,056 shares of the aerospace company’s stock, valued at approximately $602,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Northrop Grumman by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 13,531,586 shares of the aerospace company’s stock worth $8,245,066,000 after purchasing an additional 109,941 shares during the period. Franklin Resources Inc. boosted its stake in Northrop Grumman by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 2,996,284 shares of the aerospace company’s stock worth $1,825,696,000 after purchasing an additional 63,223 shares during the period. Ameriprise Financial Inc. boosted its stake in Northrop Grumman by 0.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock worth $990,046,000 after purchasing an additional 4,844 shares during the period. Bank of New York Mellon Corp boosted its stake in Northrop Grumman by 26.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock worth $640,534,000 after purchasing an additional 221,431 shares during the period. Finally, Legal & General Group Plc boosted its stake in Northrop Grumman by 4.1% in the 3rd quarter. Legal & General Group Plc now owns 746,585 shares of the aerospace company’s stock worth $454,909,000 after purchasing an additional 29,478 shares during the period. 83.40% of the stock is currently owned by institutional investors.

Northrop Grumman Stock Performance

NYSE:NOC opened at $678.48 on Thursday. The stock’s fifty day moving average is $709.56 and its 200 day moving average is $637.71. Northrop Grumman Corporation has a fifty-two week low of $450.13 and a fifty-two week high of $774.00. The firm has a market capitalization of $96.37 billion, a PE ratio of 23.29, a PEG ratio of 4.81 and a beta of 0.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10.

Northrop Grumman (NYSE:NOC) last released 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. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The company had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the firm posted $6.39 EPS. Northrop Grumman’s quarterly revenue was up 9.6% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, February 23rd. Northrop Grumman’s dividend payout ratio is 31.72%.

Northrop Grumman News Summary

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

• Positive Sentiment: B-21 Raider flight-test progress — Northrop announced successful aerial refueling and accelerated flight testing, highlighted $5B+ invested in digital/manufacturing to ramp production and first aircraft planned for 2027; that strengthens long-term program revenue visibility and strategic importance. Northrop Grumman’s B-21 Raider Powers Unmatched Long-Range Strike Capability
• Positive Sentiment: Analyst/upside coverage — recent pieces name NOC among top aerospace‑defense buys as rising defense budgets and stronger air travel boost demand; several firms maintain buy ratings and above‑market price targets, supporting sentiment. 3 Aerospace-Defense Stocks to Buy on Strong Defense & Air Travel Boom
• Positive Sentiment: Earnings momentum — previews from Zacks and others point to revenue/earnings growth and the ingredients for a likely beat next week, reinforcing near‑term upside if results/guide beat expectations. Northrop Grumman (NOC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: Space & Sentinel program updates — accelerated Sentinel ICBM progress and successful NG‑24 Cygnus XL cargo mission highlight growing space/logistics revenue streams beyond traditional air/land defense work. Northrop Grumman Updates Highlight Sentinel Progress And Expanding Space Logistics
• Neutral Sentiment: Analyst price-target dispersion & institutional flows — median target sits near $730 but ranges widely; institutional activity is mixed with large adds and large reductions, which can mute directional conviction. Northrop Grumman’s B-21 Raider Demonstrates Advanced Capabilities as Flight Testing Accelerates
• Negative Sentiment: Supply-chain and margin risks — coverage flags that lingering supply-chain issues and rising program costs (notably B‑21 scale-up) could pressure near-term margins even if top-line grows. 3 Aerospace-Defense Stocks to Buy on Strong Defense & Air Travel Boom
• Negative Sentiment: Insider and large institutional selling — recent disclosures show significant insider sales and large institutional reductions at some firms, which can sap near‑term sentiment even as fundamentals remain strong. Northrop Grumman’s B-21 Raider Demonstrates Advanced Capabilities as Flight Testing Accelerates

Insider Activity

In related news, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction dated 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 sale, the vice president directly owned 151 shares of the company’s stock, valued at $108,661.11. This represents a 93.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction dated Thursday, February 19th. The stock was 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 directly owned 2,525 shares in the company, valued at $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 22,431 shares of company stock valued at $15,924,404. Company insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on NOC. Wells Fargo & Company began coverage on Northrop Grumman in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price target for the company. TD Cowen restated a “hold” rating on shares of Northrop Grumman in a research note on Wednesday, January 28th. Morgan Stanley reaffirmed an “overweight” rating and set a $765.00 price objective on shares of Northrop Grumman in a report on Wednesday, January 28th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $727.00 price objective on shares of Northrop Grumman in a report on Monday, January 12th. Finally, Wall Street Zen raised Northrop Grumman from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Northrop Grumman presently has an average rating of “Moderate Buy” and a consensus price target of $719.58.

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.