Northrop Grumman Corporation $NOC Shares Bought by OMERS ADMINISTRATION Corp

Key Points

• OMERS Administration Corp increased its Northrop Grumman stake by 627.7% in the second quarter, adding 41,612 shares for a total of 48,241 shares valued at approximately $24.6 million. Institutional investors collectively own 83.4% of the company.
• Northrop Grumman reported quarterly EPS of $7.68, exceeding the $6.82 consensus estimate, while revenue rose 5.1% year over year to $10.88 billion. The company maintained fiscal 2026 EPS guidance of $28.60–$29.10.
• The company declared a quarterly dividend of $2.47, equivalent to an annualized $9.88 payout and a 1.8% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $661.30, compared with the stock’s reported price of $552.29.

OMERS ADMINISTRATION Corp grew its position in Northrop Grumman Corporation (NYSE:NOC - Free Report) by 627.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,241 shares of the aerospace company's stock after buying an additional 41,612 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Northrop Grumman were worth $24,570,000 at the end of the most recent quarter.

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

Northrop Grumman Trading Up 0.2%

NYSE:NOC opened at $552.29 on Monday. The business's 50-day moving average is $541.45 and its two-hundred day moving average is $609.53. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. Northrop Grumman Corporation has a 12 month low of $479.02 and a 12 month high of $774.00. The firm has a market capitalization of $78.44 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 3.57 and a beta of -0.11.

Northrop Grumman (NYSE:NOC - Get Free Report) last posted its earnings results 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. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The business had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same quarter last year, the firm earned $8.15 earnings per share. The company's revenue for the quarter 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. Research analysts predict that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st will be given a $2.47 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. Northrop Grumman's payout ratio is presently 31.39%.

Insider Activity

In related news, Director Mark A. Welsh III sold 95 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wells Fargo & Company reaffirmed an "overweight" rating and set a $620.00 price target on shares of Northrop Grumman in a research note on Wednesday, July 8th. Jefferies Financial Group cut their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a "hold" rating for the company in a research report on Friday, June 26th. JPMorgan Chase & Co. reduced their price objective on shares of Northrop Grumman from $635.00 to $600.00 and set a "neutral" rating on the stock in a research note on Thursday, July 23rd. Citigroup raised their price objective on Northrop Grumman from $617.00 to $667.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Finally, UBS Group upped 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 equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $661.30.

Northrop Grumman 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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