Northrop Grumman (NOC) Expected to Post Earnings on Tuesday

Northrop Grumman (NYSE:NOC) is projected to release its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect the company to announce earnings of $6.84 per share and revenue of $10.8016 billion for the quarter. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 9:30 AM ET.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. The business had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.06 earnings per share. On average, analysts expect Northrop Grumman to post $28 EPS for the current fiscal year and $30 EPS for the next fiscal year.

Northrop Grumman Stock Performance

Shares of NOC opened at $523.19 on Friday. Northrop Grumman has a 1 year low of $493.84 and a 1 year high of $774.00. The company’s 50 day simple moving average is $538.07 and its 200 day simple moving average is $623.81. The company has a market capitalization of $74.31 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 3.53 and a beta of -0.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15.

Northrop Grumman Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were issued a $2.47 dividend. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 annualized dividend and a yield of 1.9%. Northrop Grumman’s payout ratio is presently 30.92%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Invesco Ltd. grew its position in Northrop Grumman by 3.9% during the fourth quarter. Invesco Ltd. now owns 1,666,517 shares of the aerospace company’s stock valued at $950,265,000 after acquiring an additional 62,817 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Northrop Grumman by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 864,580 shares of the aerospace company’s stock valued at $492,992,000 after purchasing an additional 8,369 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Northrop Grumman by 13.0% in the 4th quarter. First Trust Advisors LP now owns 523,825 shares of the aerospace company’s stock valued at $298,690,000 after purchasing an additional 60,199 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Northrop Grumman by 5.4% during the 2nd quarter. Raymond James Financial Inc. now owns 379,834 shares of the aerospace company’s stock worth $189,909,000 after purchasing an additional 19,572 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of Northrop Grumman by 14.3% during the 2nd quarter. Alliancebernstein L.P. now owns 307,207 shares of the aerospace company’s stock worth $153,597,000 after purchasing an additional 38,321 shares during the period. 83.40% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Northrop Grumman

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

• Positive Sentiment: Defense stocks are benefiting from a broader sector rally as investors respond to expectations for stronger U.S. military spending, including a proposed $1.5 trillion defense budget backdrop. Northrop Grumman rises as defense-spending tailwinds and program momentum lift sentiment
• Positive Sentiment: Investor attention is building ahead of Northrop Grumman’s July 21 Q2 results, with a strong backlog and government contract momentum expected to support the quarter. Northrop Grumman to Post Q2 Earnings: Here’s What to Expect
• Positive Sentiment: Recent program news, including work tied to Sentinel infrastructure, is reinforcing the long-term growth story for strategic deterrence and aerospace missions. Northrop Grumman Planning To Add Hundreds Of Jobs For Sentinel
• Neutral Sentiment: Analyst commentary remains mixed-to-positive, with recent coverage focused on key earnings metrics and margin sensitivity, especially around the Sentinel program.
• Negative Sentiment: Insider trading data shows no open-market insider buying in the last six months, while several executives have sold shares, which may temper some enthusiasm.

Analyst Ratings Changes

Several research firms have recently issued reports on NOC. Wells Fargo & Company restated an “overweight” rating and set a $620.00 price objective on shares of Northrop Grumman in a report on Wednesday, July 8th. BTIG Research reiterated a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Weiss Ratings downgraded Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. TD Cowen decreased their price target on Northrop Grumman from $680.00 to $580.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Finally, Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $676.29.

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.