Northrop Grumman (NYSE:NOC) Price Target Lowered to $600.00 at JPMorgan Chase & Co.

Northrop Grumman (NYSE:NOC) had its price target cut by JPMorgan Chase & Co. from $635.00 to $600.00 in a report issued on Thursday,Benzinga reports. They currently have a neutral rating on the aerospace company’s stock.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. BTIG Research reiterated a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. UBS Group raised their target price on Northrop Grumman from $666.00 to $685.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $615.00 price target on Northrop Grumman in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $655.24.

Northrop Grumman Trading Up 1.3%

Northrop Grumman stock opened at $532.14 on Thursday. The firm has a market cap of $75.58 billion, a PE ratio of 16.90, a P/E/G ratio of 3.47 and a beta of -0.10. Northrop Grumman has a 12 month low of $479.02 and a 12 month high of $774.00. The stock’s 50 day simple moving average is $535.78 and its two-hundred day simple moving average is $622.66. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 0.81.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The firm had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same period in the previous year, the firm earned $8.15 EPS. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Analysts anticipate that Northrop Grumman will post 28.62 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 dividend of $2.47 per share. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is currently 31.39%.

Hedge Funds Weigh In On Northrop Grumman

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in Northrop Grumman by 176.3% in the 4th quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after buying an additional 1,895 shares in the last quarter. Bison Wealth LLC increased its stake in Northrop Grumman by 5.3% during the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock worth $301,000 after buying an additional 32 shares in the last quarter. Woodline Partners LP increased its stake in Northrop Grumman by 367.7% during the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after buying an additional 1,978 shares in the last quarter. AXA S.A. raised its holdings in shares of Northrop Grumman by 1,487.8% during the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock valued at $8,169,000 after acquiring an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Northrop Grumman by 6.7% during the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock valued at $4,432,000 after acquiring an additional 553 shares during the last quarter. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman News Summary

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

• Positive Sentiment: Northrop Grumman’s Q2 results beat estimates, revenue topped expectations, and management raised 2026 guidance, which suggests improving operating momentum and better visibility into future earnings. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: The company’s record backlog, strong bookings, and program momentum could support faster growth in the second half of the year. NOC Q2 Earnings Call Signals Faster Growth in H2’26
• Positive Sentiment: Northrop’s Mission Robotic Vehicle launch highlights new space-service opportunities and reinforces the company’s position in high-profile space systems. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027
• Positive Sentiment: UBS raised its price target and kept a buy rating, signaling Wall Street still sees meaningful upside despite recent volatility. UBS Sticks to Its Buy Rating for Northrop Grumman (NOC)
• Neutral Sentiment: JPMorgan lowered its price target to $600 and kept a neutral rating, reflecting a more cautious near-term view but still implying upside from current levels. Northrop Grumman price target lowered by JPMorgan Chase & Co.
• Neutral Sentiment: Some recent commentary asks whether Northrop can keep converting backlog into sustained growth, suggesting investors may want more proof that recent strength is durable. Can Northrop Grumman (NYSE:NOC) Turn Backlog Into Momentum?
• Negative Sentiment: Recent articles also note that Northrop shares have been under pressure and have lagged this year, which may be limiting enthusiasm even after the earnings beat. Northrop Grumman (NOC) Stock May Be A Bargain Following Raised Outlook

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.