Cassilly Financial Group LLC Purchases Shares of 2,762 Northrop Grumman Corporation $NOC

Cassilly Financial Group LLC bought a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,762 shares of the aerospace company’s stock, valued at approximately $1,575,000. Northrop Grumman makes up 1.4% of Cassilly Financial Group LLC’s holdings, making the stock its 24th biggest position.

A number of other large investors have also recently modified their holdings of NOC. Focused Investors LLC boosted its stake in shares of Northrop Grumman by 4.1% in the 3rd quarter. Focused Investors LLC now owns 211,800 shares of the aerospace company’s stock valued at $129,054,000 after purchasing an additional 8,300 shares in the last quarter. Merit Financial Group LLC raised its position in Northrop Grumman by 74.5% in the 3rd quarter. Merit Financial Group LLC now owns 11,060 shares of the aerospace company’s stock worth $6,739,000 after purchasing an additional 4,721 shares during the period. Huntleigh Advisors Inc. bought a new stake in Northrop Grumman in the third quarter worth $2,818,000. Oak Thistle LLC purchased a new stake in Northrop Grumman during the 3rd quarter valued at about $1,015,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in Northrop Grumman by 4.1% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 81,747 shares of the aerospace company’s stock worth $49,810,000 after acquiring an additional 3,215 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group boosted their price objective on Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Citigroup raised their target price on shares of Northrop Grumman from $715.00 to $781.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 target price on shares of Northrop Grumman in a research note on Thursday, January 29th. Jefferies Financial Group increased their price target on shares of Northrop Grumman from $630.00 to $690.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $727.00 price target on shares of Northrop Grumman in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman Stock Performance

NYSE:NOC opened at $669.87 on Tuesday. 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’s fifty day simple moving average is $707.39 and its 200 day simple moving average is $628.86. The stock has a market cap of $95.07 billion, a P/E ratio of 23.00, a price-to-earnings-growth ratio of 5.04 and a beta of 0.03. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00.

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

Northrop Grumman Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were paid 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 presently 31.72%.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the sale, the chief executive officer directly owned 171,602 shares in the company, valued at $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $684.52, for a total value of $65,029.40. Following the sale, the director directly owned 4,203 shares in the company, valued at approximately $2,877,037.56. The trade was a 2.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 32,431 shares of company stock valued at $21,969,404 in the last three months. Corporate insiders own 0.23% of the company’s stock.

Northrop Grumman 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.