Vise Technologies Inc. raised its stake in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) by 95.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 10,915 shares of the aerospace company’s stock after buying an additional 5,343 shares during the period. Vise Technologies Inc.’s holdings in Northrop Grumman were worth $5,559,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of NOC. Torren Management LLC acquired a new stake in Northrop Grumman during the fourth quarter worth about $26,000. Karpus Management Inc. acquired a new position in Northrop Grumman in the fourth quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC acquired a new position in Northrop Grumman in the fourth quarter valued at approximately $29,000. Perkins Coie Trust Co purchased a new stake in Northrop Grumman in the 2nd quarter worth approximately $29,000. Finally, Financial Life Planners acquired a new stake in shares of Northrop Grumman during the 1st quarter worth approximately $30,000. Institutional investors and hedge funds own 83.40% of the company’s stock.
Insiders Place Their Bets
In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the stock in a transaction 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 of the company’s stock, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. 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.
Northrop Grumman Stock Down 3.2%
Northrop Grumman (NYSE:NOC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, topping 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 business 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 company posted $8.15 EPS. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, analysts anticipate that Northrop Grumman Corporation will post 28.97 EPS for the current fiscal year.
Northrop Grumman Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be given a dividend of $2.47 per share. The ex-dividend date 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 is currently 31.39%.
Key Northrop Grumman News
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: Dividend reaffirmed: Northrop Grumman declared a quarterly dividend of $2.47 per share, payable September 16 to shareholders of record on August 31. The roughly 1.7% indicated yield and continued investment in manufacturing capacity support the company’s shareholder-return and capital-allocation story. Northrop Grumman Board Declares Quarterly Dividend
- Positive Sentiment: Autonomous aircraft contract: Northrop Grumman and Kratos won a U.S. Marine Corps MUX TACAIR CCA contract to deliver missionized Valkyrie aircraft. The award expands NOC’s exposure to autonomous, collaborative uncrewed systems and advanced defense electronics. Northrop Grumman Lands Marine Corps Autonomous Aircraft Contract
- Positive Sentiment: Post-earnings momentum: Zacks reported that NOC had gained approximately 11% since its latest earnings release, when the company exceeded consensus EPS and revenue estimates. The results showed 5.1% year-over-year revenue growth and reinforced full-year 2026 EPS guidance of $28.60–$29.10. Why Is Northrop Grumman Up Since Its Last Earnings Report?
- Neutral Sentiment: Analyst view remains cautious: TD Cowen raised its price target from $550 to $590 but retained a “Hold” rating, suggesting limited near-term upside. Other recent targets range widely, highlighting uncertainty over valuation and execution.
- Negative Sentiment: Insider selling: Reported insider activity shows 26 open-market sales and no purchases over the past six months. While these transactions may reflect routine compensation or diversification, the one-sided pattern can weigh on investor sentiment.
Analysts Set New Price Targets
Several research firms have recently weighed in on NOC. Weiss Ratings lowered shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Jefferies Financial Group lowered their price target on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th. JPMorgan Chase & Co. dropped their price target on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. TD Cowen lifted their price objective on shares of Northrop Grumman from $550.00 to $590.00 and gave the company a “hold” rating in a report on Wednesday. Finally, UBS Group upped their price objective on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Northrop Grumman currently has an average rating of “Moderate Buy” and an average target price of $661.30.
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.
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