Aljian Capital Management LLC Invests $4.33 Million in Northrop Grumman Corporation $NOC

Aljian Capital Management LLC purchased a new stake in shares of Northrop Grumman Corporation (NYSE:NOC - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,503 shares of the aerospace company's stock, valued at approximately $4,331,000. Northrop Grumman makes up approximately 0.8% of Aljian Capital Management LLC's investment portfolio, making the stock its 19th biggest position.

Several other large investors also recently bought and sold shares of NOC. Torren Management LLC bought a new position in Northrop Grumman during the fourth quarter valued at approximately $26,000. Karpus Management Inc. bought a new stake in shares of Northrop Grumman in the fourth quarter worth $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman during the fourth quarter valued at $29,000. Perkins Coie Trust Co purchased a new stake in Northrop Grumman during the second quarter valued at $29,000. Finally, Financial Life Planners bought a new position in Northrop Grumman in the first quarter valued at about $30,000. 83.40% of the stock is currently owned by institutional investors.

Northrop Grumman Stock Up 3.5%

NYSE NOC opened at $589.95 on Wednesday. The stock's 50-day moving average price is $540.34 and its 200-day moving average price is $612.15. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 52 week low of $479.02 and a 52 week high of $774.00. The company has a market capitalization of $83.79 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11.

Northrop Grumman (NYSE:NOC - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The company had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the previous year, the company posted $8.15 EPS. The firm's revenue was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities research analysts predict that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the firm'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 of the company's stock, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company's stock.

Northrop Grumman News Roundup

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

• Positive Sentiment: Northrop Grumman completed a key design review for a major upgrade to the E-2D Hawkeye, a milestone that supports continued execution on the Navy aircraft program and could help underpin future revenue. Northrop Grumman clears design review for major E-2D Hawkeye upgrade
• Positive Sentiment: The company is expanding its military-training capabilities through live, virtual and constructive systems, immersive training and electromagnetic simulation tools. The broader training footprint could diversify growth and benefit from rising demand for complex-mission preparation by U.S. and allied forces. Is Northrop Grumman Expanding Its Presence in Military Training? Zacks military training article
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter sales increased year over year, earnings exceeded estimates and net awards of approximately $20 billion lifted backlog to a record near $105 billion. Management also raised 2026 sales and adjusted-EPS guidance, reinforcing expectations for defense-driven growth. Northrop Grumman gains as investors weigh stronger guidance, backlog, and defense tailwinds
• Neutral Sentiment: Analysts remain generally constructive despite NOC’s underperformance over the past year. However, published price targets vary widely, suggesting uncertainty about execution, cash flow and the timing of major program contributions. Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?
• Negative Sentiment: Investor commentary has highlighted higher capital-spending requirements as a pressure on Northrop Grumman. Increased investment could weigh on near-term free cash flow even as it supports long-term production capacity and program growth. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman

Analyst Upgrades and Downgrades

NOC has been the topic of several research reports. Sanford C. Bernstein reissued a "market perform" rating and issued a $653.00 target price on shares of Northrop Grumman in a research report on Wednesday, August 5th. JPMorgan Chase & Co. reduced their price target on shares of Northrop Grumman from $635.00 to $600.00 and set a "neutral" rating for the company in a research report on Thursday, July 23rd. Raymond James Financial reiterated an "outperform" rating on shares of Northrop Grumman in a research note on Monday, June 15th. Jefferies Financial Group dropped their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a "hold" rating on the stock in a report on Friday, June 26th. Finally, Weiss Ratings lowered shares of Northrop Grumman from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, Northrop Grumman currently has an average rating of "Moderate Buy" and a consensus price target of $659.30.

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.

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