Rep. Steve Cohen Sells Northrop Grumman Corporation (NYSE:NOC) Stock

Representative Steve Cohen (D-Tennessee) recently sold shares of Northrop Grumman Corporation (NYSE:NOC). In a filing disclosed on January 26th, the Representative disclosed that they had sold between $15,001 and $50,000 in Northrop Grumman stock on December 29th. The trade occurred in the Representative’s “STEPHENS ADVANTAGE ACCOUNT” account.

Representative Steve Cohen also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Fluor (NYSE:FLR) on 12/29/2025.
• Sold $50,001 – $100,000 in shares of Morgan Stanley (NYSE:MS) on 12/17/2025.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/17/2025.
• Sold $1,001 – $15,000 in shares of Cohen & Steers Total Return Realty Fund (NYSE:RFI) on 12/17/2025.
• Sold $15,001 – $50,000 in shares of Bank OZK (NASDAQ:OZKAP) on 12/17/2025.

Northrop Grumman Price Performance

NYSE NOC traded down $2.81 during trading hours on Friday, reaching $692.54. The company’s stock had a trading volume of 953,094 shares, compared to its average volume of 1,143,476. Northrop Grumman Corporation has a 1 year low of $426.24 and a 1 year high of $705.45. The company has a quick ratio of 0.98, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $98.28 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 5.09 and a beta of 0.05. The firm’s 50-day moving average price is $599.59 and its 200-day moving average price is $588.90.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business had revenue of $11.71 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the firm posted $6.39 EPS. The company’s revenue 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 predict that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were issued a $2.31 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $9.24 dividend on an annualized basis and a yield of 1.3%. Northrop Grumman’s payout ratio is currently 31.72%.

Analyst Ratings Changes

A number of brokerages have issued reports on NOC. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $765.00 price target on shares of Northrop Grumman in a report on Thursday. Citigroup lifted their target price on Northrop Grumman from $715.00 to $781.00 and gave the stock a “buy” rating in a report on Wednesday. BTIG Research increased their price target on Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research note on Wednesday. Vertical Research restated a “hold” rating and set a $688.00 price target on shares of Northrop Grumman in a report on Tuesday. Finally, Susquehanna reaffirmed a “positive” rating and set a $752.00 price objective on shares of Northrop Grumman in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average target price of $688.72.

Insider Buying and Selling

In other news, Director Mark A. Welsh III sold 97 shares of Northrop Grumman stock in a transaction on Monday, November 24th. The stock was sold at an average price of $564.08, for a total transaction of $54,715.76. Following the completion of the sale, the director directly owned 4,281 shares in the company, valued at approximately $2,414,826.48. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kathy J. Warden sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $615.00, for a total transaction of $1,845,000.00. Following the completion of the transaction, the chief executive officer owned 191,602 shares in the company, valued at approximately $117,835,230. The trade was a 1.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,097 shares of company stock valued at $6,099,716 over the last three months. 0.23% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NOC. Vanguard Group Inc. boosted its stake in shares of Northrop Grumman by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after purchasing an additional 209,135 shares during the period. Soundwatch Capital LLC bought a new stake in Northrop Grumman in the second quarter worth about $6,457,274,000. Geode Capital Management LLC boosted its position in shares of Northrop Grumman by 0.5% during the second quarter. Geode Capital Management LLC now owns 3,115,519 shares of the aerospace company’s stock valued at $1,554,299,000 after buying an additional 14,980 shares during the period. Franklin Resources Inc. boosted its position in shares of Northrop Grumman by 2.2% during the third quarter. Franklin Resources Inc. now owns 2,996,284 shares of the aerospace company’s stock valued at $1,825,696,000 after buying an additional 63,223 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Northrop Grumman by 0.3% during the third quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock valued at $990,046,000 after buying an additional 4,844 shares during the last quarter. 83.40% of the stock is owned by hedge funds and other institutional investors.

About Representative Cohen

Steve Cohen (Democratic Party) is a member of the U.S. House, representing Tennessee’s 9th Congressional District. He assumed office on January 3, 2007. His current term ends on January 3, 2027.

Cohen (Democratic Party) ran for re-election to the U.S. House to represent Tennessee’s 9th Congressional District. He won in the general election on November 5, 2024.

Cohen earned a bachelor’s degree from Vanderbilt and a J.D. from the University of Memphis School of Law. Prior to his election to the U.S. House, Cohen was a member of the Tennessee State Senate. As a child, Cohen contracted polio. Cohen filed to run for his first elected office the same day that he first registered to vote.

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.