Bellwether Advisors LLC Boosts Position in Northrop Grumman Corporation $NOC

Bellwether Advisors LLC boosted its holdings in Northrop Grumman Corporation (NYSE:NOC) by 5,064.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,667 shares of the aerospace company’s stock after purchasing an additional 3,596 shares during the quarter. Bellwether Advisors LLC’s holdings in Northrop Grumman were worth $2,234,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NOC. Physician Wealth Advisors Inc. grew its position in shares of Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares during the last quarter. Parvin Asset Management LLC acquired a new position in Northrop Grumman in the second quarter valued at $25,000. Hopwood Financial Services Inc. purchased a new position in shares of Northrop Grumman during the third quarter worth about $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Northrop Grumman during the second quarter worth about $31,000. Finally, NewSquare Capital LLC lifted its holdings in shares of Northrop Grumman by 75.0% in the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analysts Set New Price Targets

NOC has been the topic of a number of research reports. Citigroup raised their price target on Northrop Grumman from $715.00 to $781.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Argus set a $785.00 target price on shares of Northrop Grumman in a research report on Tuesday, February 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $765.00 target price on shares of Northrop Grumman in a report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. Finally, BTIG Research lifted their price objective on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $693.60.

Northrop Grumman Stock Down 0.9%

Shares of Northrop Grumman stock opened at $761.39 on Wednesday. Northrop Grumman Corporation has a one year low of $450.13 and a one year high of $774.00. The company has a market cap of $108.06 billion, a P/E ratio of 26.14, a PEG ratio of 5.70 and a beta of 0.03. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10. The firm has a fifty day moving average of $665.14 and a two-hundred day moving average of $611.22.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. The business had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 23rd will be paid a $2.31 dividend. The ex-dividend date is Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.2%. Northrop Grumman’s payout ratio is 31.72%.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Record backlog and government awards — Northrop’s backlog (~$95.68B) and a recent Navy deal underpin multi‑year revenue visibility and were cited as a major reason for the stock’s surge. Northrop Grumman (NOC) Stock Soars to Record Peak on $95.68B Backlog and Navy Deal
• Positive Sentiment: B‑21 production acceleration — Management is advancing the B‑21 Raider schedule, a strategic, high‑margin program that supports long‑term revenue and makes NOC central to U.S. force modernization plans. Defense Stocks: Rockets, Radars, and Record Backlogs (NOC)
• Positive Sentiment: Earnings, guidance and program momentum — Q4 results beat expectations, revenue and adjusted EPS improved year‑over‑year, and 2026 guidance was set higher, reinforcing analyst estimates and the narrative that backlog will convert to cash flow. Northrop Grumman (NOC) Is Up 5.9% After Record Backlog and 2026 Guidance Update – What’s Changed
• Positive Sentiment: Defense sector rally on geopolitics — Elevated tensions in the Middle East have driven rotation into defense names, boosting near‑term demand for NOC shares as investors price in higher defense spending. Why Northrop Grumman (NOC) Stock Is Trading Up Today
• Neutral Sentiment: Digital engineering and satellite wins — Continued investment in digital engineering and new space/satellite contracts support long‑term competitiveness but require upfront spending before full returns are realized. Northrop Grumman Backlog And B 21 Progress Under Geopolitical Tailwinds
• Negative Sentiment: Valuation and execution risk — The rally has pushed valuation higher (P/E in mid‑20s) and increases expectations for flawless execution on large, complex programs; any delays, cost overruns or changes in government budgets could pressure the stock. Northrop Grumman (NOC) Valuation After Earnings Beat Backlog Growth And Higher 2026 Guidance

Insiders Place Their Bets

In other news, CEO Kathy J. Warden sold 20,000 shares of the company’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 transaction, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at $121,634,929.64. This represents a 10.44% 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 firm’s stock in a transaction dated 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. This trade represents a 5.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 32,431 shares of company stock worth $21,969,404. 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.