Northrop Grumman Corporation $NOC Shares Sold by Assetmark Inc.

Assetmark Inc. lessened its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 29.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,799 shares of the aerospace company’s stock after selling 8,720 shares during the quarter. Assetmark Inc.’s holdings in Northrop Grumman were worth $14,190,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NOC. Torren Management LLC purchased a new stake in Northrop Grumman in the fourth quarter valued at $26,000. Karpus Management Inc. purchased a new position in Northrop Grumman during the 4th quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new position in Northrop Grumman during the 4th quarter worth approximately $29,000. Financial Life Planners acquired a new position in Northrop Grumman during the first quarter worth approximately $30,000. Finally, Motiv8 Investments LLC acquired a new position in Northrop Grumman during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NOC. Wall Street Zen downgraded Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Jefferies Financial Group cut their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th. UBS Group reduced their price target on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings cut shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Finally, BTIG Research reissued a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman presently has an average rating of “Moderate Buy” and an average price target of $676.29.

Northrop Grumman Stock Up 0.3%

NOC opened at $523.19 on Monday. Northrop Grumman Corporation has a 52 week low of $493.84 and a 52 week high of $774.00. The business has a 50 day moving average price of $538.07 and a two-hundred day moving average price of $624.13. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The company has a market cap of $74.31 billion, a PE ratio of 16.38, a P/E/G ratio of 3.53 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating the consensus estimate of $6.06 by $0.08. The company had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the business posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, research analysts anticipate that Northrop Grumman Corporation will post 27.95 EPS for the current year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were given a $2.47 dividend. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a yield of 1.9%. Northrop Grumman’s payout ratio is 30.92%.

More Northrop Grumman News

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.

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.