Capital International Investors Has $7.16 Billion Holdings in Northrop Grumman Corporation $NOC

Key Points

• Capital International Investors trimmed its stake in Northrop Grumman by 1.7% to 11,763,490 shares, representing 8.24% of the company and a holding worth approximately $7.16 billion, with NOC the firm's 21st-largest position (~1.2% of its assets).
• Northrop topped estimates with Q results of $7.23 EPS (vs. $6.97 est.) and $11.71B revenue, set FY‑2026 EPS guidance of 27.40–27.90, and has a consensus analyst rating of "Moderate Buy" with a $693.60 average target while several brokers have lifted targets to the $750–$765 range; the stock traded around $747.
• The company announced a quarterly dividend of $2.31 (annualized $9.24, ~1.2% yield) and insiders sold a total of 32,431 shares (~$22M) last quarter, including CEO Kathy Warden's sale of 20,000 shares.

Capital International Investors cut its stake in Northrop Grumman Corporation (NYSE:NOC - Free Report) by 1.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,763,490 shares of the aerospace company's stock after selling 203,251 shares during the period. Northrop Grumman makes up approximately 1.2% of Capital International Investors' holdings, making the stock its 21st biggest position. Capital International Investors owned 8.24% of Northrop Grumman worth $7,164,952,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Physician Wealth Advisors Inc. raised its position in shares of Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company's stock valued at $29,000 after buying an additional 32 shares during the last quarter. Parvin Asset Management LLC bought a new stake in shares of Northrop Grumman in the second quarter valued at about $25,000. Hopwood Financial Services Inc. acquired a new stake in Northrop Grumman during the third quarter worth about $30,000. Twin Peaks Wealth Advisors LLC bought a new position in Northrop Grumman during the second quarter valued at about $31,000. Finally, Manning & Napier Advisors LLC bought a new position in Northrop Grumman during the third quarter valued at about $42,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on NOC. Sanford C. Bernstein reiterated a "market perform" rating and issued a $727.00 price objective on shares of Northrop Grumman in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $765.00 price objective on shares of Northrop Grumman in a research report on Thursday, January 29th. Royal Bank Of Canada raised their target price on Northrop Grumman from $715.00 to $750.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 28th. Morgan Stanley reiterated an "overweight" rating and set a $765.00 price target on shares of Northrop Grumman in a research note on Wednesday, January 28th. Finally, Bank of America boosted their price target on shares of Northrop Grumman from $685.00 to $750.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $693.60.

Northrop Grumman Trading Down 1.2%

Shares of NOC opened at $747.10 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The stock has a market cap of $106.03 billion, a PE ratio of 25.65, a PEG ratio of 5.62 and a beta of 0.03. Northrop Grumman Corporation has a 1 year low of $450.13 and a 1 year high of $774.00. The stock has a 50 day simple moving average of $678.79 and a 200-day simple moving average of $615.73.

Northrop Grumman (NYSE:NOC - Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, beating the consensus estimate of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The business had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the firm earned $6.39 EPS. Northrop Grumman's quarterly 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, sell-side analysts predict that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd will be issued a $2.31 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.2%. Northrop Grumman's dividend payout ratio is presently 31.72%.

Insider Activity

In other Northrop Grumman news, VP Benjamin R. Davies sold 2,189 shares of the business's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the transaction, the vice president directly owned 151 shares in the company, valued at $108,661.11. The trade was a 93.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of the company's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the sale, the chief executive officer directly owned 171,602 shares in the company, valued at $121,634,929.64. This represents a 10.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,431 shares of company stock worth $21,969,404 in the last quarter. 0.23% of the stock is owned by company insiders.

Northrop Grumman Company Profile

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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