Hennion & Walsh Asset Management Inc. Buys 1,894 Shares of Northrop Grumman Corporation $NOC

Hennion & Walsh Asset Management Inc. increased its position in Northrop Grumman Corporation (NYSE:NOC) by 19.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,406 shares of the aerospace company’s stock after acquiring an additional 1,894 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Northrop Grumman were worth $6,504,000 at the end of the most recent quarter.

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

Insider Transactions at Northrop Grumman

In other news, CAO Michael A. Hardesty sold 147 shares of the business’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 directly owned 2,525 shares in the company, valued at $1,850,774.50. The trade was a 5.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 transaction of $1,575,226.29. Following the sale, the vice president owned 151 shares in the company, valued at $108,661.11. This represents a 93.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 32,431 shares of company stock worth $21,969,404. 0.23% of the stock is owned by insiders.

Northrop Grumman Stock Up 0.0%

Shares of NOC stock opened at $679.10 on Monday. The company’s fifty day simple moving average is $707.34 and its two-hundred day simple moving average is $628.25. Northrop Grumman Corporation has a 52 week low of $450.13 and a 52 week high of $774.00. The stock has a market cap of $96.38 billion, a P/E ratio of 23.31, a PEG ratio of 5.04 and a beta of 0.03. 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 issued its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. The firm had revenue of $11.71 billion during the quarter, compared to analyst estimates of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Analysts predict that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were paid a $2.31 dividend. The ex-dividend date of this dividend 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 presently 31.72%.

More Northrop Grumman News

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Vertical Research reissued a “hold” rating and set a $688.00 price target on shares of Northrop Grumman in a report on Tuesday, January 27th. Truist Financial reaffirmed a “hold” rating and issued a $623.00 price objective (down from $688.00) on shares of Northrop Grumman in a research note on Friday, January 9th. Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price for the company in a research report on Monday, December 15th. Argus set a $785.00 target price on Northrop Grumman in a research note on Tuesday, February 10th. Finally, UBS Group upped their price target on Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. One 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman 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.