Gables Capital Management Inc. Raises Stock Position in Northrop Grumman Corporation $NOC

Gables Capital Management Inc. grew its stake in Northrop Grumman Corporation (NYSE:NOC) by 391.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,538 shares of the aerospace company’s stock after buying an additional 1,225 shares during the period. Gables Capital Management Inc.’s holdings in Northrop Grumman were worth $783,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Torren Management LLC purchased a new stake in Northrop Grumman in the fourth quarter valued at $26,000. Karpus Management Inc. acquired a new position in Northrop Grumman in the fourth quarter valued at $26,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Northrop Grumman during the fourth quarter worth about $29,000. Perkins Coie Trust Co purchased a new position in shares of Northrop Grumman during the second quarter worth about $29,000. Finally, Financial Life Planners acquired a new stake in shares of Northrop Grumman during the first quarter worth about $30,000. 83.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Weiss Ratings downgraded Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $653.00 price target on shares of Northrop Grumman in a research report on Wednesday, August 5th. The Goldman Sachs Group reduced their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen downgraded Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, BTIG Research restated a “buy” rating and set a $815.00 target price on shares of Northrop Grumman in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $659.30.

Northrop Grumman Stock Performance

NYSE NOC opened at $589.95 on Wednesday. The firm has a market cap of $83.79 billion, a P/E ratio of 18.74, a P/E/G ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a 52-week low of $479.02 and a 52-week high of $774.00. The business’s 50-day moving average price is $540.34 and its 200 day moving average price is $612.15. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81.

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

Insider Activity

In other news, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the completion of the sale, the director owned 4,393 shares in the company, valued at $2,405,299.29. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

More Northrop Grumman News

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

• Positive Sentiment: Northrop Grumman completed a key design review for a major upgrade to the E-2D Hawkeye, a milestone that supports continued execution on the Navy aircraft program and could help underpin future revenue. Northrop Grumman clears design review for major E-2D Hawkeye upgrade
• Positive Sentiment: The company is expanding its military-training capabilities through live, virtual and constructive systems, immersive training and electromagnetic simulation tools. The broader training footprint could diversify growth and benefit from rising demand for complex-mission preparation by U.S. and allied forces. Is Northrop Grumman Expanding Its Presence in Military Training? Zacks military training article
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter sales increased year over year, earnings exceeded estimates and net awards of approximately $20 billion lifted backlog to a record near $105 billion. Management also raised 2026 sales and adjusted-EPS guidance, reinforcing expectations for defense-driven growth. Northrop Grumman gains as investors weigh stronger guidance, backlog, and defense tailwinds
• Neutral Sentiment: Analysts remain generally constructive despite NOC’s underperformance over the past year. However, published price targets vary widely, suggesting uncertainty about execution, cash flow and the timing of major program contributions. Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?
• Negative Sentiment: Investor commentary has highlighted higher capital-spending requirements as a pressure on Northrop Grumman. Increased investment could weigh on near-term free cash flow even as it supports long-term production capacity and program growth. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman

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.