Capital International Sarl Increases Stake in Northrop Grumman Corporation $NOC

Capital International Sarl grew its stake in Northrop Grumman Corporation (NYSE:NOC) by 34.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 89,961 shares of the aerospace company’s stock after buying an additional 22,818 shares during the quarter. Capital International Sarl’s holdings in Northrop Grumman were worth $51,297,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Kestra Investment Management LLC boosted its stake in shares of Northrop Grumman by 4.4% in the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after buying an additional 15 shares during the period. Evolution Wealth Management Inc. boosted its stake in shares of Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after buying an additional 15 shares during the period. Howard Financial Services LTD. boosted its stake in shares of Northrop Grumman by 1.4% in the 4th quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock valued at $651,000 after buying an additional 16 shares during the period. Frank Rimerman Advisors LLC boosted its stake in shares of Northrop Grumman by 0.8% in the 4th quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock valued at $1,125,000 after buying an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its stake in Northrop Grumman by 0.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock worth $2,288,000 after purchasing an additional 16 shares during the last quarter. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Down 0.1%

Northrop Grumman stock opened at $544.73 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman Corporation has a fifty-two week low of $472.02 and a fifty-two week high of $774.00. The stock has a 50-day simple moving average of $603.63 and a 200-day simple moving average of $631.07. The company has a market capitalization of $77.37 billion, a P/E ratio of 17.05, a PEG ratio of 3.71 and a beta of -0.12.

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

Northrop Grumman Increases Dividend

The company 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 $2.47 dividend. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is presently 30.92%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on NOC shares. Wells Fargo & Company started coverage on Northrop Grumman in a research note on Wednesday, April 1st. They set an “overweight” rating and a $800.00 target price for the company. Jefferies Financial Group decreased their target price on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. UBS Group decreased their target price on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Argus set a $785.00 target price on Northrop Grumman in a research note on Tuesday, February 10th. Finally, Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $702.63.

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.