Northrop Grumman Corporation $NOC Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its stake in Northrop Grumman Corporation (NYSE:NOC) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,796 shares of the aerospace company’s stock after selling 3,953 shares during the period. PNC Financial Services Group Inc.’s holdings in Northrop Grumman were worth $95,109,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Financial Life Planners purchased a new stake in shares of Northrop Grumman during the 3rd quarter worth approximately $27,000. Torren Management LLC purchased a new position in shares of Northrop Grumman in the 4th quarter valued at $26,000. Physician Wealth Advisors Inc. raised its stake in Northrop Grumman by 200.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 32 shares in the last quarter. Hopwood Financial Services Inc. acquired a new stake in Northrop Grumman during the 3rd quarter worth $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Citigroup decreased their price objective on shares of Northrop Grumman from $742.00 to $628.00 and set a “buy” rating for the company in a research note on Monday. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group set a $660.00 target price on Northrop Grumman in a report on Sunday, April 26th. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research note on Monday, March 23rd. Finally, Bank of America lifted their price target on Northrop Grumman from $685.00 to $750.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $704.74.

Northrop Grumman Trading Down 0.9%

Shares of Northrop Grumman stock opened at $551.54 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The company has a market capitalization of $78.33 billion, a P/E ratio of 17.26, a PEG ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a 1 year low of $468.29 and a 1 year high of $774.00. The company’s fifty day moving average is $643.79 and its two-hundred day moving average is $633.16.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The business had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $6.06 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Analysts forecast that Northrop Grumman Corporation will post 27.93 earnings per share for the current year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st will be paid a dividend of $2.47 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $9.88 annualized dividend and a yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio (DPR) is currently 28.92%.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman raised its quarterly dividend to $2.47 per share, a 6.9% increase from the prior payout, signaling confidence in cash flow and a shareholder-friendly capital allocation strategy. Northrop Grumman Board Declares Quarterly Dividend
• Positive Sentiment: The company won a spot in the Pentagon’s drone program, reinforcing its role in U.S. defense modernization and supporting the long-term growth outlook for its unmanned and autonomous systems business. Northrop wins spot in Pentagon drone program as U.S. pushes mass production
• Positive Sentiment: Northrop remains positioned to benefit from the Pentagon’s AI and digital modernization push, with investors viewing it as a key defense-tech winner in the broader military upgrade cycle. The Pentagon’s AI Pivot Supercharges Defense Stocks
• Neutral Sentiment: Recent articles focus on whether the stock is now attractively valued after its pullback, suggesting some investors may be rotating from momentum trading to a fundamentals-based reassessment of earnings and guidance. A Look At Northrop Grumman (NOC) Valuation After Its Recent Share Price Pullback
• Neutral Sentiment: Analysts still rate Northrop Grumman as a “Moderate Buy,” indicating Wall Street remains constructive overall despite the recent stock weakness. Northrop Grumman Corporation (NYSE:NOC) Given Consensus Recommendation of “Moderate Buy” by Analysts

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.