Indivisible Partners Acquires New Shares in Northrop Grumman Corporation $NOC

Key Points

• Indivisible Partners established a new position in Northrop Grumman (NOC) in Q4, buying 1,966 shares valued at about $1.12M, while other hedge funds also increased stakes and institutional investors own 83.4% of the company.
• CEO Kathy Warden sold 20,000 shares on Feb. 6 for roughly $14.18M (insiders sold 22,336 shares worth ~$15.86M in the past 90 days), leaving corporate insiders with just 0.21% ownership.
• Northrop slightly beat Q1 estimates (EPS $6.14 vs. $6.06; revenue $9.88B), issued FY2026 guidance of $27.40–27.90 EPS, and pays a $2.31 quarterly dividend ($9.24 annual, ~1.7% yield) with a 22‑year dividend growth streak.

Indivisible Partners acquired a new stake in shares of Northrop Grumman Corporation (NYSE:NOC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,966 shares of the aerospace company's stock, valued at approximately $1,121,000.

Several other hedge funds also recently modified their holdings of the company. RFG Advisory LLC boosted its holdings in shares of Northrop Grumman by 39.3% during the 4th quarter. RFG Advisory LLC now owns 928 shares of the aerospace company's stock valued at $529,000 after acquiring an additional 262 shares in the last quarter. Stevens Capital Management LP boosted its holdings in shares of Northrop Grumman by 43.0% during the 4th quarter. Stevens Capital Management LP now owns 695 shares of the aerospace company's stock valued at $396,000 after acquiring an additional 209 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Northrop Grumman by 1.2% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 18,139 shares of the aerospace company's stock valued at $10,343,000 after acquiring an additional 219 shares in the last quarter. Garner Asset Management Corp acquired a new stake in shares of Northrop Grumman during the 4th quarter valued at $175,000. Finally, Nicholas Hoffman & Company LLC. lifted its holdings in Northrop Grumman by 3.2% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 3,583 shares of the aerospace company's stock worth $2,043,000 after buying an additional 112 shares during the period. Institutional investors and hedge funds own 83.40% of the company's stock.

More Northrop Grumman News

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

• Positive Sentiment: Selected by Australia for formal engagement on domestic solid rocket motor production, signaling program-level wins and potential long-term revenue/industrial-partnership opportunities. Northrop Grumman Corporation (NOC): Among the Best Large Cap Defense Stocks to Buy According to Hedge Funds
• Positive Sentiment: Advent Diamond and Northrop set a new record for diamond-based solid-state RF limiters (handling >100W), which supports Northrop’s RF/missions-systems credibility and could help win protected-communications and EW contracts. Advent Diamond and Northrop Grumman Set New Record for Diamond-based Solid-State Limiters
• Positive Sentiment: Named among hedge-fund recommended large-cap defense stocks, which can attract institutional interest and provide secondary support to the share price. Northrop Grumman Corporation (NOC): Among the Best Large Cap Defense Stocks to Buy According to Hedge Funds
• Positive Sentiment: Dividend preview highlights a 22‑year growth streak — investor-friendly capital return policy that supports income-oriented holders and reduces downside. Northrop Grumman Corporation Q2 dividend preview: 22-year growth streak set to continue
• Positive Sentiment: Elevated geopolitical tensions after recent missile incidents continue to support defense spending narratives, which broadly lift sector equities including NOC. U.S. Navy intercepts Iranian cruise missiles — 4 defense stocks to watch today
• Neutral Sentiment: Peer results (HII, Leidos) showed beats and backlog growth, which is supportive for the defense sector but only indirectly impacts NOC’s near-term earnings outlook. HII Q1 Earnings Surpass Estimates, Revenues Increase Y/Y LDOS Q1 Earnings Beat on Backlog Scale and Key Contract Wins
• Neutral Sentiment: Pentagon AI procurement evolution (push for open 'right to integrate' systems, Palantir participation) could benefit software- and integration-focused firms; impact on Northrop depends on how it adapts systems architecture. Pentagon AI Shake-Up: Palantir Joins Massive 'Right to Integrate' Defense Overhaul
• Neutral Sentiment: Smaller industry moves (Redwire, Ducommun board hire of ex-Northrop exec) are informational for supply-chain/competitive context but unlikely to move NOC stock materially. Redwire Gears Up to Report Q1 Earnings: Here's What to Expect Ducommun Incorporated Appoints Mark A. Caylor to its Board of Directors
• Negative Sentiment: Recent technical weakness and valuation concerns: analysts note 1‑day/7‑day/3‑month share declines and fading momentum, which can pressure sentiment and multiple compression. A Look At Northrop Grumman (NOC) Valuation After Recent Share Price Weakness

Insider Transactions at Northrop Grumman

In other news, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the transaction, the chief executive officer directly owned 171,602 shares of the company's stock, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Michael A. Hardesty sold 147 shares of Northrop Grumman stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the transaction, the chief accounting officer directly owned 2,525 shares of the company's stock, valued at approximately $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 22,336 shares of company stock valued at $15,859,374. Corporate insiders own 0.21% of the company's stock.

Northrop Grumman Stock Up 0.1%

Shares of NOC opened at $559.40 on Thursday. The company has a market capitalization of $79.45 billion, a PE ratio of 17.51, a PEG ratio of 3.99 and a beta of -0.11. Northrop Grumman Corporation has a 12 month low of $453.01 and a 12 month high of $774.00. The stock's 50-day moving average price is $681.69 and its two-hundred day moving average price is $636.34. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84.

Northrop Grumman (NYSE:NOC - Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same period last year, the company posted $6.06 EPS. The business's quarterly revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts anticipate that Northrop Grumman Corporation will post 27.86 EPS for the current year.

Northrop Grumman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were given a $2.31 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.7%. Northrop Grumman's dividend payout ratio (DPR) is 28.92%.

Analysts Set New Price Targets

NOC has been the topic of several recent research reports. Bank of America lifted their target price on Northrop Grumman from $685.00 to $750.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. UBS Group cut their target price on Northrop Grumman from $806.00 to $745.00 and set a "buy" rating on the stock in a report on Thursday, April 23rd. Truist Financial reaffirmed a "hold" rating and set a $623.00 target price (down from $688.00) on shares of Northrop Grumman in a report on Friday, January 9th. TD Cowen reaffirmed a "hold" rating on shares of Northrop Grumman in a report on Wednesday, January 28th. Finally, Jefferies Financial Group set a $660.00 target price on Northrop Grumman in a report on Sunday, April 26th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $710.74.

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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