Northrop Grumman Corporation $NOC Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Northrop Grumman by 4.1% in Q4, selling 14,363 shares and holding 333,472 shares worth about $190.15 million at quarter-end.
• Northrop Grumman beat Q4 estimates with $7.23 EPS and $11.71B revenue, issued FY2026 EPS guidance of 27.400–27.900, and has a market cap of roughly $95.8 billion with a P/E of 23.15.
• Insiders sold shares, including CEO Kathy Warden’s sale of 20,000 shares for ~$14.18 million; insiders disposed of 22,431 shares totaling ~$15.9 million in the last quarter.

Sumitomo Mitsui Trust Group Inc. reduced its holdings in Northrop Grumman Corporation (NYSE:NOC - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 333,472 shares of the aerospace company's stock after selling 14,363 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Northrop Grumman worth $190,149,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in NOC. Holocene Advisors LP acquired a new stake in shares of Northrop Grumman in the third quarter worth approximately $137,280,000. Bank of New York Mellon Corp lifted its position in Northrop Grumman by 26.7% during the third quarter. Bank of New York Mellon Corp now owns 1,051,226 shares of the aerospace company's stock worth $640,534,000 after buying an additional 221,431 shares in the last quarter. SG Americas Securities LLC lifted its position in Northrop Grumman by 7,202.7% during the fourth quarter. SG Americas Securities LLC now owns 167,232 shares of the aerospace company's stock worth $95,357,000 after buying an additional 164,942 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Northrop Grumman by 41.2% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 443,465 shares of the aerospace company's stock worth $270,212,000 after buying an additional 129,352 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Northrop Grumman by 0.8% during the third quarter. Vanguard Group Inc. now owns 13,531,586 shares of the aerospace company's stock worth $8,245,066,000 after buying an additional 109,941 shares in the last quarter. 83.40% of the stock is owned by institutional investors and hedge funds.

Northrop Grumman Stock Performance

NYSE NOC opened at $674.43 on Monday. The stock has a fifty day simple moving average of $710.39 and a 200-day simple moving average of $636.14. 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 $95.79 billion, a PE ratio of 23.15, a P/E/G ratio of 4.77 and a beta of 0.04. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00.

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

Northrop Grumman Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were issued a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, February 23rd. Northrop Grumman's payout ratio is 31.72%.

Analysts Set New Price Targets

A number of equities analysts recently commented on NOC shares. UBS Group lifted their price objective on Northrop Grumman from $777.00 to $778.00 and gave the stock a "buy" rating in a research report on Wednesday, January 28th. TD Cowen reiterated a "hold" rating on shares of Northrop Grumman in a research report on Wednesday, January 28th. Sanford C. Bernstein reiterated a "market perform" rating and set a $727.00 price objective on shares of Northrop Grumman in a research report on Monday, January 12th. BTIG Research lifted their price objective on Northrop Grumman from $680.00 to $815.00 and gave the stock a "buy" rating in a research report on Wednesday, January 28th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Northrop Grumman presently has a consensus rating of "Moderate Buy" and an average price target of $719.58.

Insider Activity at Northrop Grumman

In related news, CAO Michael A. Hardesty sold 147 shares of the business's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the sale, the chief accounting officer directly owned 2,525 shares in the company, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kathy J. Warden sold 20,000 shares of the business's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the completion of the sale, the chief executive officer owned 171,602 shares in the company, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,431 shares of company stock valued at $15,924,404 in the last quarter. Corporate insiders own 0.23% of the company's stock.

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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