Nordea Investment Management AB Invests $1.99 Million in Northrop Grumman Corporation $NOC

Nordea Investment Management AB bought a new position in Northrop Grumman Corporation (NYSE:NOC) during the 4th quarter, Holdings Channel reports. The institutional investor bought 3,464 shares of the aerospace company’s stock, valued at approximately $1,987,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parvin Asset Management LLC acquired a new position in shares of Northrop Grumman in the 2nd quarter valued at about $25,000. Financial Life Planners acquired a new stake in Northrop Grumman during the 3rd quarter worth approximately $27,000. Physician Wealth Advisors Inc. raised its holdings in Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares during the period. Hopwood Financial Services Inc. purchased a new position in Northrop Grumman in the third quarter valued at approximately $30,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Northrop Grumman during the second quarter valued at approximately $31,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman News Roundup

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

• Positive Sentiment: Won a $127 million Navy contract to supply supersonic targets — a near-term revenue and backlog boost that reinforces defense spending tailwinds for NOC. Northrop Grumman wins $127 million Navy contract for supersonic targets
• Positive Sentiment: NASA is shifting significant funding toward lunar exploration and has handed major roles to contractors — Northrop is supplying rockets, landers, rovers and power systems, positioning it to capture multi‑billion program spending. Northrop Grumman Moves Closer To Center Of U.S. Lunar Push
• Positive Sentiment: Coverage highlights that the U.S. is directing roughly $20B into lunar efforts to outpace China — another macro tailwind for Northrop’s space business and long‑term revenue visibility. America is About to Spend $20B to Beat China to the Moon
• Positive Sentiment: Technical/AI progress: Talon IQ testbed completed its first partner mission autonomy flight, supporting Northrop’s push into autonomous systems and command/control capabilities that have higher margin potential. Northrop Grumman (NOC) Advances Autonomous Flight Capabilities With Talon IQ
• Positive Sentiment: Retail/media lift: Jim Cramer mentioned NOC as a potential buy, which can drive short-term retail interest and volatility. Northrop Grumman (NOC) Stock Up After Jim Cramer Said It Could Be Bought
• Neutral Sentiment: Upcoming earnings: Analysts expect only marginal EPS growth for the next quarter — results and guidance will be a near-term catalyst. What You Need To Know Ahead of Northrop Grumman’s Earnings Release
• Neutral Sentiment: Defense ecosystem moves (Golden Dome/AI projects and competitors winning Navy work) reshape opportunity sets but are not immediate positives or negatives for NOC — they affect long-term program mix and partner dynamics. Did Golden Dome, AI Autonomy Advances Just Shift Northrop Grumman’s (NOC) Investment Narrative?
• Neutral Sentiment: Competitor wins (e.g., General Dynamics’ Navy support contract) highlight strong defense demand but also competition for program dollars. General Dynamics’ Arm Wins a Navy Deal for Submarine Support
• Negative Sentiment: Critical coverage lists valuation and other risks — with a recent share run and high PEG, some investors may trim positions, pressuring the stock in the near term. 3 Reasons NOC is Risky and 1 Stock to Buy Instead

Insider Activity

In other Northrop Grumman news, VP Benjamin R. Davies sold 2,189 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the transaction, the vice president directly owned 151 shares of the company’s stock, valued at $108,661.11. This represents a 93.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Michael A. Hardesty sold 147 shares of the firm’s 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 $1,850,774.50. This represents a 5.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 32,431 shares of company stock valued at $21,969,404. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

NOC has been the subject of several research reports. Vertical Research reiterated a “hold” rating and set a $688.00 price objective on shares of Northrop Grumman in a research note on Tuesday, January 27th. Morgan Stanley reissued an “overweight” rating and issued a $765.00 target price on shares of Northrop Grumman in a research note on Wednesday, January 28th. Truist Financial restated a “hold” rating and set a $623.00 target price (down from $688.00) on shares of Northrop Grumman in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $765.00 price target on shares of Northrop Grumman in a research report on Thursday, January 29th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $727.00 price objective on shares of Northrop Grumman in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $693.60.

Northrop Grumman Stock Down 1.9%

Shares of NYSE:NOC opened at $679.10 on Friday. The company has a market capitalization of $96.38 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 5.04 and a beta of 0.03. The company has a 50 day moving average of $707.34 and a two-hundred day moving average of $627.91. Northrop Grumman Corporation has a 52-week low of $450.13 and a 52-week high of $774.00. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91.

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

Northrop Grumman Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were issued a $2.31 dividend. The ex-dividend date was Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a yield of 1.4%. Northrop Grumman’s payout ratio is currently 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.