Sandro Wealth Management LLC Purchases Shares of 1,803 Northrop Grumman Corporation $NOC

Sandro Wealth Management LLC purchased a new stake in Northrop Grumman Corporation (NYSE:NOC) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,803 shares of the aerospace company’s stock, valued at approximately $1,028,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NOC. Jennison Associates LLC boosted its stake in shares of Northrop Grumman by 272.8% in the 4th quarter. Jennison Associates LLC now owns 401,664 shares of the aerospace company’s stock valued at $229,033,000 after purchasing an additional 293,909 shares in the last quarter. Holocene Advisors LP acquired a new stake in shares of Northrop Grumman in the 3rd quarter valued at $137,280,000. Bank of New York Mellon Corp boosted its stake in shares of Northrop Grumman by 26.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company’s stock valued at $640,534,000 after purchasing an additional 221,431 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Northrop Grumman by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after purchasing an additional 209,135 shares in the last quarter. Finally, M&T Bank Corp boosted its stake in shares of Northrop Grumman by 1,086.5% in the 4th quarter. M&T Bank Corp now owns 192,583 shares of the aerospace company’s stock valued at $109,813,000 after purchasing an additional 176,352 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

Northrop Grumman stock opened at $568.53 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 1 year low of $453.01 and a 1 year high of $774.00. The company has a market cap of $80.75 billion, a PE ratio of 17.79, a PEG ratio of 4.13 and a beta of -0.11. The company’s 50-day moving average is $688.29 and its two-hundred day moving average is $636.77.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the prior year, the company posted $6.06 EPS. The company’s revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities analysts anticipate that Northrop Grumman Corporation will post 27.86 earnings per share for the current year.

Northrop Grumman Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were given a dividend of $2.31 per share. The ex-dividend date was Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a yield of 1.6%. Northrop Grumman’s dividend payout ratio is presently 28.92%.

Wall Street Analyst Weigh In

NOC has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley reduced their target price on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Vertical Research restated a “hold” rating and issued a $688.00 target price on shares of Northrop Grumman in a research note on Tuesday, January 27th. UBS Group reduced their target price on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group set a $660.00 target price on shares of Northrop Grumman in a research note on Sunday, April 26th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Northrop Grumman presently has a consensus rating of “Moderate Buy” and an average target price of $710.74.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Strong backlog and defense demand underpin revenue visibility — NOC sits on a reported ~$95.6B backlog, which supports medium‑term revenue and helps explain positive analyst commentary on organic demand.Northrop Grumman Gains From Strong Backlog and Rising Defense Demand
• Positive Sentiment: Supplier recognition signals supply‑chain strength — Northrop’s Supplier Excellence Awards (Permag highlighted) point to stable supplier relationships and execution on programs, lowering operational risk for program delivery.Permag Recognized by Northrop Grumman
• Positive Sentiment: Potential new market tailwinds — coverage noting Meta’s interest in space-based solar power highlights an emerging commercial opportunity where Northrop’s aerospace capabilities could participate, supporting longer-term upside potential.Meta Platforms Is Betting on Space-Based Solar Power
• Neutral Sentiment: Localized layoffs appear situational, not company-wide — reports on layoffs in the Baltimore region say they reflect shifting program demand in Mission Systems rather than broad cost cutting, which limits the negative earnings implication for investors.Northrop Grumman layoffs in Baltimore seen as limited by analysts
• Neutral Sentiment: Sector peer results mixed but generally supportive — recent beats from peers (L3Harris, Textron) provide a modest sector tailwind that could buoy sentiment for defense names, though not a direct catalyst for NOC’s near-term move.Got $5,000? 1 Defense Contractor Set to Be a Long‑Term Compounder Textron Q1 Earnings Surpass Estimates
• Negative Sentiment: Relative underperformance and near-term risks weighing — NOC has underperformed peers on some trading days and analysts flag labor shortages and rising compliance costs as potential near-term headwinds to margins and execution.Northrop Grumman Corp. stock underperforms Zacks: labor and compliance risks

Insider Buying and Selling at Northrop Grumman

In other news, VP Benjamin R. Davies sold 2,189 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the sale, the vice president directly owned 151 shares of the company’s stock, valued at $108,661.11. This represents a 93.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the sale, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 22,431 shares of company stock valued at $15,924,404. 0.21% of the stock is currently owned by company insiders.

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.