Northrop Grumman Corporation $NOC Stock: Curated Wealth Partners LLC Trims Holdings

Key Points

• Curated Wealth Partners LLC cut its Northrop Grumman stake by 99.4% in the third quarter, selling 172,544 shares and retaining 1,045 shares valued at approximately $505,000.
• Institutional investors own 83.4% of Northrop Grumman, while the stock recently traded near $519.98. The company reported quarterly EPS of $7.68, exceeding estimates, and revenue rose 5.1% year over year to $10.88 billion.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $641.91, though recent ratings range from Barclays’ “underweight” to several “buy” recommendations. Northrop Grumman also pays a quarterly dividend of $2.47 per share, yielding about 1.9% annually.

Curated Wealth Partners LLC decreased its stake in Northrop Grumman Corporation (NYSE:NOC - Free Report) by 99.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,045 shares of the aerospace company's stock after selling 172,544 shares during the period. Curated Wealth Partners LLC's holdings in Northrop Grumman were worth $505,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Northrop Grumman in the 2nd quarter valued at approximately $6,001,616,000. Bank of America Corp DE acquired a new position in Northrop Grumman during the second quarter worth $1,298,141,000. Bank of New York Mellon Corp bought a new stake in Northrop Grumman during the second quarter worth $376,135,000. Corient Private Wealth LP acquired a new stake in Northrop Grumman in the second quarter valued at $44,039,000. Finally, Deutsche Bank AG acquired a new stake in Northrop Grumman in the second quarter valued at $194,058,000. Institutional investors own 83.40% of the company's stock.

Northrop Grumman Stock Performance

NYSE NOC opened at $519.98 on Friday. The firm's 50 day simple moving average is $525.17 and its 200 day simple moving average is $553.31. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a 1 year low of $470.06 and a 1 year high of $774.00. The firm has a market capitalization of $73.85 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 2.93 and a beta of -0.11.

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 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 company had revenue of $10.88 billion during the quarter, compared to analysts' expectations of $10.80 billion. During the same quarter in the previous year, the firm earned $8.15 EPS. Northrop Grumman's revenue was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, research analysts expect that Northrop Grumman Corporation will post 28.96 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Monday, August 31st were given a dividend of $2.47 per share. This represents a $9.88 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, August 31st. Northrop Grumman's dividend payout ratio is currently 31.39%.

Wall Street Analyst Weigh In

NOC has been the subject of a number of recent analyst reports. TD Cowen cut their price objective on Northrop Grumman from $590.00 to $540.00 and set a "hold" rating for the company in a research report on Friday, October 9th. Guggenheim initiated coverage on shares of Northrop Grumman in a research report on Monday, September 14th. They issued a "buy" rating and a $612.00 target price for the company. Deutsche Bank Aktiengesellschaft set a $615.00 price target on shares of Northrop Grumman and gave the company a "buy" rating in a research note on Wednesday, July 22nd. Barclays assumed coverage on shares of Northrop Grumman in a research report on Thursday, October 8th. They set an "underweight" rating and a $419.00 price target on the stock. Finally, Jefferies Financial Group dropped 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 note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $641.91.

Insider Buying and Selling

In other Northrop Grumman news, Director Mark Welsh, III sold 95 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the sale, the director owned 4,393 shares in the company, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

About Northrop Grumman

Northrop Grumman Corporation NYSE: NOC is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense and other government agencies representing its primary markets. Its work spans advanced aircraft, autonomous systems, space systems, missile defense, command and control, cybersecurity, and other mission-critical technologies.

The company's offerings include strategic and tactical aircraft, unmanned aerial vehicles, aircraft systems, satellites, spacecraft, launch vehicles, missile-warning and missile-defense systems, secure communications, and cyber and information systems.

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