Krilogy Financial LLC Makes New $614,000 Investment in Northrop Grumman Corporation $NOC

Krilogy Financial LLC purchased a new stake in Northrop Grumman Corporation (NYSE:NOC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,076 shares of the aerospace company’s stock, valued at approximately $614,000.

Other large investors have also made changes to their positions in the company. Parvin Asset Management LLC acquired a new position in Northrop Grumman in the second quarter valued at about $25,000. Physician Wealth Advisors Inc. lifted its holdings in shares of Northrop Grumman by 200.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 32 shares in the last quarter. Hopwood Financial Services Inc. acquired a new position in shares of Northrop Grumman in the 3rd quarter valued at approximately $30,000. NewSquare Capital LLC increased its stake in Northrop Grumman by 75.0% during the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 27 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Northrop Grumman during the 2nd quarter worth approximately $31,000. Institutional investors own 83.40% of the company’s stock.

Insiders Place Their Bets

In other Northrop Grumman news, CEO Kathy J. Warden sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the transaction, the chief executive officer owned 171,602 shares of the company’s stock, valued at $121,634,929.64. The trade was a 10.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $684.52, for a total value of $65,029.40. Following the completion of the sale, the director owned 4,203 shares in the company, valued at $2,877,037.56. This represents a 2.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 30,192 shares of company stock valued at $20,341,145. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

NOC has been the subject of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. TD Cowen reiterated a “hold” rating on shares of Northrop Grumman in a report on Wednesday, January 28th. Vertical Research reissued a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a research note on Tuesday, January 27th. BNP Paribas Exane started coverage on Northrop Grumman in a research report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price objective for the company. Finally, Bank of America lifted their target price on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $693.60.

Northrop Grumman Price Performance

NYSE:NOC opened at $702.20 on Friday. Northrop Grumman Corporation has a 52-week low of $426.24 and a 52-week high of $715.61. The company has a market cap of $99.66 billion, a P/E ratio of 24.11, a P/E/G ratio of 5.22 and a beta of 0.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10. The stock’s 50-day simple moving average is $626.71 and its 200 day simple moving average is $599.09.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period last year, the company earned $6.39 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, sell-side analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd will be given a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, February 23rd. Northrop Grumman’s dividend payout ratio is 31.72%.

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.