Northrop Grumman Corporation $NOC Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in Northrop Grumman Corporation (NYSE:NOC) by 6.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,286 shares of the aerospace company’s stock after buying an additional 1,164 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Northrop Grumman were worth $9,314,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners bought a new stake in Northrop Grumman during the first quarter worth approximately $30,000. Torren Management LLC bought a new position in Northrop Grumman during the 4th quarter valued at $26,000. Karpus Management Inc. bought a new position in Northrop Grumman during the 4th quarter valued at $26,000. Whipplewood Advisors LLC boosted its stake in Northrop Grumman by 380.0% during the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 38 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Northrop Grumman during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NOC. UBS Group boosted their price objective on Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. TD Cowen raised their target price on Northrop Grumman from $550.00 to $590.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Raymond James Financial reaffirmed an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. The Goldman Sachs Group dropped their price target on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Finally, Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $661.30.

Northrop Grumman Price Performance

NYSE NOC opened at $552.29 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 1 year low of $479.02 and a 1 year high of $774.00. The company has a market cap of $78.44 billion, a PE ratio of 17.54, a PEG ratio of 3.57 and a beta of -0.11. The stock’s 50-day moving average price is $541.45 and its two-hundred day moving average price is $609.53.

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

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be paid a $2.47 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is currently 31.39%.

Insider Buying and Selling

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the transaction, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

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.