Financial Planning Hawaii Inc. Purchases Shares of 1,455 Northrop Grumman Corporation $NOC

Financial Planning Hawaii Inc. acquired a new position in shares of Northrop Grumman Corporation (NYSE:NOC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,455 shares of the aerospace company’s stock, valued at approximately $830,000.

A number of other large investors have also recently made changes to their positions in the business. Financial Life Planners bought a new position in Northrop Grumman in the 3rd quarter valued at about $27,000. Physician Wealth Advisors Inc. increased its holdings in Northrop Grumman by 200.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 32 shares in the last quarter. Parvin Asset Management LLC bought a new stake in Northrop Grumman during the 2nd quarter worth approximately $25,000. Hopwood Financial Services Inc. purchased a new stake in shares of Northrop Grumman in the third quarter worth approximately $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Northrop Grumman in the third quarter valued at approximately $32,000. 83.40% of the stock is owned by institutional investors.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, CAO Michael A. Hardesty sold 147 shares of Northrop Grumman stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Kathy J. Warden sold 20,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 171,602 shares in the company, valued at approximately $121,634,929.64. The trade was a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 32,431 shares of company stock worth $21,969,404. 0.23% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NOC has been the subject of several recent research reports. Sanford C. Bernstein reiterated a “market perform” rating and set a $727.00 price target on shares of Northrop Grumman in a report on Monday, January 12th. Truist Financial restated a “hold” rating and set a $623.00 price objective (down from $688.00) on shares of Northrop Grumman in a research note on Friday, January 9th. UBS Group lifted their price objective on shares of Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. BTIG Research increased their target price on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Northrop Grumman in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $693.60.

Northrop Grumman Stock Performance

Shares of Northrop Grumman stock opened at $669.87 on Tuesday. The business’s fifty day simple moving average is $707.39 and its 200 day simple moving average is $628.86. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $774.00. The firm has a market capitalization 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 (NYSE:NOC) last announced its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the company earned $6.39 EPS. The business’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, analysts anticipate that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were given a dividend of $2.31 per share. The ex-dividend date was Monday, February 23rd. This represents a $9.24 annualized dividend and a yield of 1.4%. Northrop Grumman’s dividend payout ratio is presently 31.72%.

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.