Alpine Woods Capital Investors LLC Purchases Shares of 4,539 Northrop Grumman Corporation $NOC

Key Points

• Alpine Woods Capital Investors purchased 4,539 Northrop Grumman shares valued at approximately $2.3 million. Institutional investors collectively own 83.4% of the company.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $659.30, despite varying targets and several neutral ratings.
• Northrop Grumman reported quarterly EPS of $7.68, exceeding estimates of $6.82, while revenue rose 5.1% year over year to $10.88 billion. The company issued fiscal 2026 EPS guidance of $28.60–$29.10.

Alpine Woods Capital Investors 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 and Exchange Commission (SEC). The fund purchased 4,539 shares of the aerospace company's stock, valued at approximately $2,312,000.

A number of other hedge funds have also made changes to their positions in NOC. Kestra Investment Management LLC raised its position in Northrop Grumman by 4.4% in the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company's stock valued at $201,000 after purchasing an additional 15 shares during the period. Evolution Wealth Management Inc. lifted its position in Northrop Grumman by 6.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company's stock worth $134,000 after acquiring an additional 15 shares in the last quarter. Golden State Equity Partners grew its position in Northrop Grumman by 1.2% in the fourth quarter. Golden State Equity Partners now owns 1,337 shares of the aerospace company's stock valued at $762,000 after acquiring an additional 16 shares in the last quarter. Diversified Portfolios Inc. grew its position in Northrop Grumman by 0.9% in the fourth quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company's stock valued at $1,020,000 after acquiring an additional 16 shares in the last quarter. Finally, South Plains Financial Inc. raised its stake in shares of Northrop Grumman by 1.8% during the fourth quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company's stock valued at $511,000 after purchasing an additional 16 shares during the period. Hedge funds and other institutional investors own 83.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NOC. Citigroup boosted their target price on shares of Northrop Grumman from $617.00 to $667.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Morgan Stanley set a $745.00 price target on Northrop Grumman in a research note on Wednesday, July 15th. Jefferies Financial Group reduced their price target on Northrop Grumman from $620.00 to $580.00 and set a "hold" rating for the company in a report on Friday, June 26th. JPMorgan Chase & Co. reduced their target price on Northrop Grumman from $635.00 to $600.00 and set a "neutral" rating for the company in a research note on Thursday, July 23rd. Finally, UBS Group raised their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Northrop Grumman has a consensus rating of "Moderate Buy" and an average price target of $659.30.

Northrop Grumman Stock Up 3.5%

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

Northrop Grumman (NYSE:NOC - Get Free Report) last released 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. The business had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The business's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Analysts predict that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Trending Headlines about Northrop Grumman

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

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark A. Welsh III sold 95 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the completion of the transaction, 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 sale was disclosed in a filing 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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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