4,003 Shares in Northrop Grumman Corporation $NOC Bought by Tower View Wealth Management LLC

Key Points

• Tower View Wealth Management initiated a Northrop Grumman position by purchasing 4,003 shares valued at approximately $1.94 million. Institutional investors collectively own 83.4% of the company.
• Northrop Grumman reported quarterly EPS of $7.89, beating consensus by $0.71, while revenue rose 6.7% year over year to $11.12 billion.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $642.04; the company also maintains a $9.88 annualized dividend, yielding about 1.8%.

Tower View Wealth Management LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,003 shares of the aerospace company's stock, valued at approximately $1,935,000.

A number of other hedge funds have also added to or reduced their stakes in NOC. State Street Corp lifted its stake in Northrop Grumman by 1.3% during the second quarter. State Street Corp now owns 13,169,195 shares of the aerospace company's stock worth $6,707,203,000 after purchasing an additional 168,267 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Northrop Grumman in the 2nd quarter valued at $6,001,616,000. Bank of America Corp DE bought a new position in shares of Northrop Grumman in the 2nd quarter valued at $1,298,141,000. Dimensional Fund Advisors LP increased its stake in shares of Northrop Grumman by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 960,690 shares of the aerospace company's stock valued at $655,373,000 after purchasing an additional 5,811 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Northrop Grumman by 11.1% in the 1st quarter. Bessemer Group Inc. now owns 587,121 shares of the aerospace company's stock valued at $400,557,000 after purchasing an additional 58,690 shares during the last quarter. 83.40% of the stock is owned by institutional investors.

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark Welsh, III sold 95 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company's stock.

Northrop Grumman Stock Down 0.0%

Shares of NYSE:NOC opened at $551.38 on Monday. Northrop Grumman Corporation has a 52-week low of $470.06 and a 52-week high of $774.00. The company has a market capitalization of $78.33 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 3.02 and a beta of -0.11. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.14 and a current ratio of 1.23. The company has a fifty day moving average of $521.15 and a 200-day moving average of $546.89.

Northrop Grumman (NYSE:NOC - Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The aerospace company reported $7.89 earnings per share for the quarter, beating the consensus estimate of $7.18 by $0.71. The company had revenue of $11.12 billion for the quarter, compared to the consensus estimate of $11.14 billion. Northrop Grumman had a return on equity of 23.46% and a net margin of 10.37%. Northrop Grumman's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the business posted $7.67 EPS. On average, equities analysts predict that Northrop Grumman Corporation will post 29.53 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st were paid a dividend of $2.47 per share. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 31st. Northrop Grumman's dividend payout ratio (DPR) is presently 31.17%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Robert W. Baird set a $675.00 price target on Northrop Grumman and gave the stock an "outperform" rating in a report on Wednesday. Guggenheim raised their price objective on Northrop Grumman from $612.00 to $640.00 and gave the company a "buy" rating in a research note on Wednesday. Wells Fargo & Company reiterated an "overweight" rating and issued a $620.00 target price (down from $800.00) on shares of Northrop Grumman in a research report on Wednesday, July 8th. UBS Group boosted their target price on Northrop Grumman from $694.00 to $698.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, BNP Paribas Exane increased their target price on shares of Northrop Grumman from $540.00 to $600.00 and gave the stock an "outperform" rating in a report on Wednesday, October 21st. Fifteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Northrop Grumman has a consensus rating of "Moderate Buy" and a consensus price target of $642.04.

Trending Headlines about Northrop Grumman

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

• Positive Sentiment: Analyst targets remain supportive. Robert W. Baird upgraded NOC from “hold” to “outperform” and raised its price target to $675 from $550, implying substantial upside. BNP Paribas Exane also expects the stock to appreciate, while Guggenheim initiated or reiterated a “buy” rating. Baird upgrade BNP Paribas Exane outlook Guggenheim buy rating
• Positive Sentiment: Backlog and margins are key bullish themes. A review of third-quarter results highlighted a $109.6 billion backlog and signs of a potential margin inflection, supporting longer-term revenue visibility and earnings growth. Northrop Grumman Q3 backlog analysis
• Positive Sentiment: Recent results exceeded expectations. NOC reported quarterly EPS of $7.89 versus the $7.18 consensus estimate, with revenue up 6.7% year over year. Fiscal 2026 EPS guidance of $29.35–$29.75 is also above consensus, reinforcing the earnings-growth case.
• Neutral Sentiment: Analyst opinion is mixed. RBC Capital assigned a “hold” rating even as a separate RBC forecast pointed to strong potential appreciation. This divergence may encourage investors to take profits following the recent rally. RBC hold rating
• Negative Sentiment: Margin pressure remains a risk. Commentary on NOC and other defense contractors noted that strong backlogs and guidance improvements are accompanied by margin pressures and paused buybacks, which could weigh on near-term valuation.

Northrop Grumman Profile

Northrop Grumman Corporation NYSE: NOC is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. government representing its primary customer base. The company operates across aerospace, defense, space, cybersecurity and advanced technology markets.

Its products and services include military aircraft and autonomous systems, space systems and satellites, missile defense technologies, command-and-control systems, cyber solutions, sensors, communications networks and other mission-critical systems.

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