Northrop Grumman (NYSE:NOC) Price Target Cut to $550.00 by Analysts at TD Cowen

Northrop Grumman (NYSE:NOC) had its target price cut by TD Cowen from $580.00 to $550.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a hold rating on the aerospace company’s stock.

Several other research analysts have also weighed in on the stock. Morgan Stanley set a $745.00 price objective on shares of Northrop Grumman in a report on Wednesday, July 15th. The Goldman Sachs Group lowered their target price on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Weiss Ratings lowered shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $620.00 price target on shares of Northrop Grumman in a research note on Wednesday, July 8th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Northrop Grumman currently has an average rating of “Moderate Buy” and an average target price of $657.14.

Northrop Grumman Stock Performance

Shares of NYSE NOC opened at $525.50 on Wednesday. The company has a 50-day simple moving average of $536.10 and a 200-day simple moving average of $623.03. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.04. The company has a market cap of $74.64 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 3.36 and a beta of -0.10. Northrop Grumman has a 12 month low of $479.02 and a 12 month high of $774.00.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.82 by $0.86. The firm had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. Northrop Grumman’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business earned $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities analysts anticipate that Northrop Grumman will post 28.85 earnings per share for the current year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a $2.47 dividend. This represents a $9.88 annualized dividend and a yield of 1.9%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman’s dividend payout ratio is 31.39%.

Institutional Investors Weigh In On Northrop Grumman

Several institutional investors and hedge funds have recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of Northrop Grumman in the first quarter valued at $30,000. Torren Management LLC purchased a new position in Northrop Grumman in the 4th quarter valued at about $26,000. Karpus Management Inc. purchased a new position in Northrop Grumman in the 4th quarter valued at about $26,000. Whipplewood Advisors LLC grew its stake in shares of Northrop Grumman by 380.0% during the first quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 38 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Northrop Grumman during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman beat Q2 estimates, posting $7.68 EPS on $10.88 billion in revenue, and raised its 2026 sales and profit outlook. Management also highlighted record backlog and strong weapons demand, which supports the case for faster growth later in the year. Article: Reuters earnings and outlook
• Positive Sentiment: Northrop is also expanding its space and ISR opportunities, including a private robot mission to extend the life of aging satellites and a NATO-focused Airbus partnership tied to MQ-4C Triton systems. These developments point to longer-term program depth and defense demand. Article: Fortune space robot mission
• Positive Sentiment: UBS raised its price target to $685 and kept a buy rating, implying meaningful upside from current levels despite recent weakness. Article: UBS price target update
• Neutral Sentiment: TD Cowen cut its price target to $550 and kept a hold rating. That still suggests only modest upside, signaling that some analysts think the recent rally may be limited near term. Article: TD Cowen price target update

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.