Northrop Grumman (NYSE:NOC) Releases FY 2026 Earnings Guidance

Northrop Grumman (NYSE:NOC) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 28.600-29.100 for the period, compared to the consensus earnings per share estimate of 27.950. The company issued revenue guidance of $43.8 billion-$44.3 billion, compared to the consensus revenue estimate of $44.0 billion.

Northrop Grumman Price Performance

Shares of NOC stock opened at $524.95 on Tuesday. Northrop Grumman has a 52 week low of $493.84 and a 52 week high of $774.00. The stock has a market capitalization of $74.56 billion, a PE ratio of 16.43, a PEG ratio of 3.53 and a beta of -0.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The stock’s fifty day moving average is $537.61 and its 200-day moving average is $623.79.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping the consensus estimate of $6.84 by $0.84. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company had revenue of $10.88 billion during the quarter, compared to analysts’ expectations of $10.80 billion. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Equities research analysts expect that Northrop Grumman will post 27.95 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were given a $2.47 dividend. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman’s payout ratio is presently 30.92%.

Wall Street Analyst Weigh In

NOC has been the subject of several recent analyst reports. TD Cowen cut their target price on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating for the company in a research note on Monday, July 13th. Weiss Ratings downgraded Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Citigroup cut their price objective on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Morgan Stanley set a $745.00 target price on Northrop Grumman in a report on Wednesday, July 15th. Finally, UBS Group dropped their price target on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $676.29.

Key Northrop Grumman News

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

• Positive Sentiment: The company reported Q2 EPS of $7.68, beating Wall Street’s estimate of $6.84, and revenue of $10.88 billion, slightly ahead of expectations. Article Title
• Positive Sentiment: Northrop Grumman raised its 2026 sales and adjusted profit forecast, citing strong weapons demand tied to ongoing global geopolitical conflicts. Article Title
• Neutral Sentiment: The company formally released its second-quarter 2026 financial results and investor materials, confirming the earnings update to shareholders. Article Title
• Neutral Sentiment: Heading into earnings, analysts were watching for a possible decline in EPS, making the actual beat and guidance raise more meaningful for the stock. Article Title

Institutional Investors Weigh In On Northrop Grumman

A number of hedge funds have recently made changes to their positions in NOC. Brighton Jones LLC lifted its stake in shares of Northrop Grumman by 176.3% in the 4th quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after purchasing an additional 1,895 shares during the period. Bison Wealth LLC lifted its stake in Northrop Grumman by 5.3% in the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after buying an additional 32 shares during the period. Transamerica Financial Advisors LLC boosted its holdings in shares of Northrop Grumman by 33.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 147 shares of the aerospace company’s stock worth $84,000 after buying an additional 37 shares in the last quarter. Quattro Advisors LLC acquired a new stake in shares of Northrop Grumman during the 4th quarter worth approximately $50,000. Finally, McMillan Office Inc. bought a new stake in shares of Northrop Grumman in the 4th quarter valued at $81,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

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.