Northrop Grumman (NYSE:NOC) Given New $807.00 Price Target at Citigroup

Northrop Grumman (NYSE:NOC) had its price target boosted by equities research analysts at Citigroup from $781.00 to $807.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the aerospace company’s stock. Citigroup’s target price would suggest a potential upside of 14.44% from the stock’s current price.

A number of other research analysts also recently issued reports on NOC. Argus set a $785.00 target price on shares of Northrop Grumman in a research report on Tuesday, February 10th. Sanford C. Bernstein reiterated a “market perform” rating and set a $727.00 target price on shares of Northrop Grumman in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Northrop Grumman in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $765.00 target price on shares of Northrop Grumman in a research note on Thursday, January 29th. Finally, Wells Fargo & Company assumed coverage on Northrop Grumman in a report on Wednesday. They set an “overweight” rating and a $800.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman presently has a consensus rating of “Moderate Buy” and a consensus target price of $708.65.

Northrop Grumman Stock Performance

Shares of NYSE:NOC traded up $8.17 during trading on Thursday, hitting $705.17. The stock had a trading volume of 141,984 shares, compared to its average volume of 962,130. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. Northrop Grumman has a 12-month low of $450.13 and a 12-month high of $774.00. The stock has a market capitalization of $100.08 billion, a price-to-earnings ratio of 24.21, a price-to-earnings-growth ratio of 5.06 and a beta of 0.05. The stock has a 50-day simple moving average of $708.56 and a two-hundred day simple moving average of $630.08.

Northrop Grumman (NYSE:NOC) last issued its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS 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 for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the firm earned $6.39 earnings per share. Northrop Grumman’s revenue for the quarter was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, equities research analysts expect that Northrop Grumman will post 28.05 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the completion of the sale, the chief executive officer owned 171,602 shares in the company, valued at $121,634,929.64. This trade represents a 10.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred 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 sale, the director directly owned 4,203 shares in the company, valued at approximately $2,877,037.56. The trade was a 2.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 32,431 shares of company stock worth $21,969,404 over the last quarter. 0.23% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Northrop Grumman

Several large investors have recently modified their holdings of the business. Parvin Asset Management LLC acquired a new stake in shares of Northrop Grumman during the 2nd quarter worth about $25,000. Torren Management LLC acquired a new position in Northrop Grumman in the fourth quarter valued at about $26,000. Karpus Management Inc. acquired a new position in Northrop Grumman in the fourth quarter valued at about $26,000. Financial Life Planners purchased a new position in Northrop Grumman during the third quarter worth about $27,000. Finally, Physician Wealth Advisors Inc. boosted its stake in Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after buying an additional 32 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Wells Fargo initiated coverage and upgraded NOC to an overweight / strong-buy with an $800 price target (about mid‑teens upside from recent levels), providing immediate buy-side analyst support. Northrop Grumman (NYSE:NOC) Now Covered by Analysts at Wells Fargo & Company
• Positive Sentiment: Recent quarterly results beat consensus (EPS and revenue) and NOC set FY‑2026 guidance (EPS 27.40–27.90), reinforcing earnings momentum and justifying analyst optimism. Zacks.com
• Positive Sentiment: Technology/program wins: Northrop demonstrated an autonomous Lumberjack drone in an Army exercise and secured a major U.S. Navy SEWIP Block 3 electronic warfare contract extension (including first carrier shipset) — developments that support future revenue and the company’s premium on autonomy/EW exposure. Northrop Grumman demonstrates autonomous drone during Army exercise
• Neutral Sentiment: Supplier/industry indicator: Oklahoma firm Long Wave tripled its OKC workforce after winning a $350M Navy training systems contract — a sign of stronger defense program activity that could indirectly support primes’ supply chains. Long Wave triples its OKC workforce as defense contract fuels growth
• Neutral Sentiment: Space/launch sector notes (less directly material to NOC): Rocket Lab’s large backlog points to 2026 revenue growth but also execution risks; sector dynamics may influence parts of NOC’s space businesses but are not direct drivers today. Rocket Lab’s Backlog Provides a Clear Path to 2026 Revenue Growth
• Neutral Sentiment: Market technical/context: Coverage notes and short‑term trading have left NOC somewhat underperforming broader indices despite gains — watch volume and whether upgrades convert into sustained flows. Northrop Grumman Corp. stock rises Tuesday, still underperforms market
• Negative Sentiment: Political risk: Comments by President Trump about possibly exiting NATO and shifting burden-sharing raise headline risk for defense contractors — potential for increased volatility if investors fear policy-driven demand shifts or international uncertainty. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

Northrop Grumman Company 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.