Northrop Grumman Corporation $NOC Shares Sold by Trivium Point Advisory LLC

Trivium Point Advisory LLC trimmed its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 23.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,357 shares of the aerospace company’s stock after selling 1,326 shares during the quarter. Trivium Point Advisory LLC’s holdings in Northrop Grumman were worth $2,655,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NOC. Soundwatch Capital LLC acquired a new stake in shares of Northrop Grumman in the second quarter valued at approximately $6,457,274,000. Mawer Investment Management Ltd. purchased a new stake in Northrop Grumman in the 2nd quarter valued at approximately $491,985,000. Franklin Resources Inc. grew its holdings in Northrop Grumman by 11.8% during the 2nd quarter. Franklin Resources Inc. now owns 2,933,061 shares of the aerospace company’s stock valued at $1,466,472,000 after buying an additional 308,680 shares during the last quarter. Bank of New York Mellon Corp increased its position in Northrop Grumman by 26.7% during the third quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock worth $640,534,000 after buying an additional 221,431 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in Northrop Grumman by 49,898.2% during the second quarter. Laurel Wealth Advisors LLC now owns 169,494 shares of the aerospace company’s stock worth $84,744,000 after buying an additional 169,155 shares in the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. TD Cowen reiterated a “hold” rating on shares of Northrop Grumman in a research report on Wednesday, January 28th. Jefferies Financial Group lifted their price target on shares of Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. BTIG Research boosted their price objective on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Argus set a $785.00 price objective on shares of Northrop Grumman in a research note on Tuesday, February 10th. Finally, Vertical Research restated a “hold” rating and set a $688.00 target price on shares of Northrop Grumman in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Northrop Grumman presently has a consensus rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman Stock Up 2.1%

Shares of NYSE NOC opened at $725.81 on Friday. The stock has a market capitalization of $103.01 billion, a PE ratio of 24.92, a P/E/G ratio of 5.28 and a beta of 0.04. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The firm has a fifty day moving average of $657.85 and a 200-day moving average of $608.30. Northrop Grumman Corporation has a 52-week low of $450.13 and a 52-week high of $745.55.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, topping 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 company had revenue of $11.71 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same period last year, the business posted $6.39 EPS. The company’s quarterly 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. On average, analysts anticipate that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 23rd will be issued a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is presently 31.72%.

Insider Buying and Selling

In other Northrop Grumman news, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $684.52, for a total transaction of $65,029.40. Following the completion of the transaction, the director owned 4,203 shares of the company’s stock, valued at $2,877,037.56. This trade represents a 2.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 32,431 shares of company stock valued at $21,969,404. Insiders own 0.23% of the company’s stock.

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.