Foster & Motley Inc. Acquires Shares of 12,141 Northrop Grumman Corporation $NOC

Foster & Motley Inc. acquired a new stake in Northrop Grumman Corporation (NYSE:NOC - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,141 shares of the aerospace company's stock, valued at approximately $6,183,000.

Other large investors have also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new stake in Northrop Grumman in the first quarter valued at $30,000. Torren Management LLC acquired a new stake in shares of Northrop Grumman during the 4th quarter worth about $26,000. Karpus Management Inc. acquired a new stake in shares of Northrop Grumman during the 4th quarter worth about $26,000. Whipplewood Advisors LLC boosted its stake in Northrop Grumman by 380.0% during the first quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company's stock worth $33,000 after buying an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Northrop Grumman during the fourth quarter worth about $29,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

More Northrop Grumman News

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

Northrop Grumman Price Performance

Northrop Grumman stock opened at $589.95 on Wednesday. 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 firm has a market cap 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 company's 50 day moving average is $540.34 and its two-hundred day moving average is $612.15.

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

Insider Buying and Selling

In related news, Director Mark A. Welsh III sold 95 shares of the business's stock in a transaction 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 of the company's stock, valued at $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NOC has been the topic of a number of research analyst reports. Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a research note on Wednesday, July 15th. The Goldman Sachs Group cut their target price on Northrop Grumman from $603.00 to $533.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 14th. Wells Fargo & Company restated an "overweight" rating and set a $620.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 8th. Citigroup lifted their price objective on Northrop Grumman from $617.00 to $667.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. Finally, Jefferies Financial Group decreased their target price on Northrop Grumman from $620.00 to $580.00 and set a "hold" rating on the stock in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $659.30.

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.

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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