OneDigital Investment Advisors LLC Invests $1.23 Million in Northrop Grumman Corporation $NOC

Key Points

• OneDigital Investment Advisors acquired a new 2,418-share Northrop Grumman position worth approximately $1.23 million in the second quarter. Other institutional investors also initiated stakes, with hedge funds and institutions collectively owning 83.4% of the stock.
• Northrop Grumman exceeded quarterly expectations, reporting $7.68 in EPS versus the $6.82 consensus and $10.88 billion in revenue. Revenue increased 5.1% year over year, while full-year 2026 EPS guidance remains $28.60–$29.10.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $659.30, although ratings range from “Hold” to “Buy.” Recent targets include $667 from Citigroup and $685 from UBS.

OneDigital Investment Advisors LLC bought a new position in Northrop Grumman Corporation (NYSE:NOC - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,418 shares of the aerospace company's stock, valued at approximately $1,232,000.

Other hedge funds also recently bought and sold shares of the company. Plato Investment Management Ltd purchased a new stake in Northrop Grumman in the 2nd quarter worth approximately $30,000. Simplicity Wealth LLC purchased a new position in shares of Northrop Grumman during the second quarter valued at approximately $925,000. Trivium Point Advisory LLC purchased a new position in shares of Northrop Grumman during the second quarter valued at approximately $1,156,000. Longfellow Investment Management Co. LLC bought a new position in shares of Northrop Grumman during the second quarter valued at approximately $1,664,000. Finally, Old West Investment Management LLC bought a new position in shares of Northrop Grumman during the second quarter valued at approximately $12,327,000. Hedge funds and other institutional investors own 83.40% of the company's stock.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $570.59 on Tuesday. Northrop Grumman Corporation has a 1-year low of $479.02 and a 1-year high of $774.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. The business has a fifty day moving average price of $539.49 and a 200-day moving average price of $612.84. The company has a market capitalization of $81.04 billion, a PE ratio of 18.13, a PEG ratio of 3.79 and a beta of -0.11.

Northrop Grumman (NYSE:NOC - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating analysts' consensus estimates of $6.82 by $0.86. The business had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. Northrop Grumman's revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, equities analysts expect that Northrop Grumman Corporation will post 28.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NOC. Citigroup lifted their price target on shares of Northrop Grumman from $617.00 to $667.00 and gave the company a "buy" rating in a report on Thursday. Wall Street Zen cut shares of Northrop Grumman from a "strong-buy" rating to a "hold" rating in a research report on Saturday, April 25th. Jefferies Financial Group cut their target price on shares of Northrop Grumman from $620.00 to $580.00 and set a "hold" rating on the stock in a research note on Friday, June 26th. BTIG Research reiterated a "buy" rating and set a $815.00 price target on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Finally, UBS Group increased their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $659.30.

Insider Buying and Selling at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the completion of the sale, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.

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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