Natixis Advisors LLC Acquires 2,243 Shares of Northrop Grumman Corporation $NOC

Key Points

• Natixis Advisors LLC raised its stake in Northrop Grumman by 2.8%, buying an additional 2,243 shares to hold 82,457 shares valued at about $50.24 million (0.06% of the company) at quarter-end.
• Northrop Grumman beat quarterly estimates, reporting $7.23 EPS vs. $6.97 expected and $11.71 billion in revenue (up 9.6% YoY), and set FY2026 guidance of $27.40–$27.90 EPS with analysts projecting about $28.05.
• The company declared a quarterly dividend of $2.31 (annualized $9.24) for a yield of about 1.2%, with an ex-dividend date of Feb. 23 and payment on Mar. 11.

Natixis Advisors LLC lifted its holdings in shares of Northrop Grumman Corporation (NYSE:NOC - Free Report) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,457 shares of the aerospace company's stock after purchasing an additional 2,243 shares during the quarter. Natixis Advisors LLC owned 0.06% of Northrop Grumman worth $50,243,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Northrop Grumman by 176.3% during the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company's stock valued at $1,394,000 after purchasing an additional 1,895 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Northrop Grumman by 5.3% in the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company's stock worth $301,000 after buying an additional 32 shares during the last quarter. Woodline Partners LP raised its position in shares of Northrop Grumman by 367.7% during the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company's stock valued at $1,288,000 after buying an additional 1,978 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Northrop Grumman by 50.7% during the 2nd quarter. AE Wealth Management LLC now owns 2,456 shares of the aerospace company's stock valued at $1,228,000 after buying an additional 826 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in shares of Northrop Grumman by 575.3% during the 2nd quarter. Prospera Financial Services Inc now owns 8,664 shares of the aerospace company's stock worth $4,336,000 after acquiring an additional 7,381 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors.

Northrop Grumman Price Performance

NOC stock opened at $747.10 on Tuesday. The firm has a market cap of $106.03 billion, a P/E ratio of 25.65, a P/E/G ratio of 5.62 and a beta of 0.03. The firm's fifty day moving average is $678.79 and its 200 day moving average is $615.73. Northrop Grumman Corporation has a 52 week low of $450.13 and a 52 week high of $774.00. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10.

Northrop Grumman (NYSE:NOC - Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, topping the consensus estimate of $6.97 by $0.26. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The business had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $6.39 earnings per share. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Research analysts predict that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

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

Insider Buying and Selling

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $684.52, for a total value of $65,029.40. Following the completion of the sale, the director owned 4,203 shares in the company, valued at approximately $2,877,037.56. The trade was a 2.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Michael A. Hardesty sold 147 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company's stock, valued at $1,850,774.50. The trade was a 5.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 32,431 shares of company stock valued at $21,969,404. 0.23% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on NOC shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $765.00 target price on shares of Northrop Grumman in a research report on Thursday, January 29th. Royal Bank Of Canada lifted their price target on Northrop Grumman from $715.00 to $750.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 28th. Argus set a $785.00 price objective on Northrop Grumman in a report on Tuesday, February 10th. Susquehanna reiterated a "positive" rating and set a $752.00 price objective on shares of Northrop Grumman in a research report on Thursday, January 15th. Finally, Morgan Stanley reissued an "overweight" rating and set a $765.00 price objective on shares of Northrop Grumman in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $693.60.

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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