1,063 Shares in Northrop Grumman Corporation $NOC Acquired by Optiver Holding B.V.

Optiver Holding B.V. bought a new position in Northrop Grumman Corporation (NYSE:NOC) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,063 shares of the aerospace company’s stock, valued at approximately $725,000.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Northrop Grumman by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after buying an additional 209,135 shares during the period. Capital World Investors boosted its stake in shares of Northrop Grumman by 39.4% in the 4th quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock worth $1,958,151,000 after buying an additional 970,029 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Northrop Grumman by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock worth $1,793,478,000 after acquiring an additional 17,948 shares during the period. Franklin Resources Inc. increased its position in Northrop Grumman by 4.3% during the fourth quarter. Franklin Resources Inc. now owns 3,125,139 shares of the aerospace company’s stock valued at $1,781,986,000 after acquiring an additional 128,855 shares during the last quarter. Finally, Invesco Ltd. increased its position in Northrop Grumman by 3.9% during the fourth quarter. Invesco Ltd. now owns 1,666,517 shares of the aerospace company’s stock valued at $950,265,000 after acquiring an additional 62,817 shares during the last quarter. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman Price Performance

NYSE NOC opened at $543.87 on Friday. The company has a market capitalization of $77.25 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 3.51 and a beta of -0.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. The business’s fifty day moving average is $534.71 and its 200 day moving average is $620.03. Northrop Grumman Corporation has a fifty-two week low of $479.02 and a fifty-two week high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.82 by $0.86. The business had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.Northrop Grumman’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Sell-side analysts predict that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were issued a $2.47 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $9.88 annualized dividend and a yield of 1.8%. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s payout ratio is currently 31.39%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NOC. Robert W. Baird set a $500.00 target price on Northrop Grumman in a report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price target on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $615.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 22nd. Susquehanna lowered their price objective on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research note on Wednesday, July 22nd. Finally, BTIG Research reissued a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $659.00.

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.