Richard Bernstein Advisors LLC Has $2.64 Million Stock Holdings in Northrop Grumman Corporation $NOC

Key Points

• Richard Bernstein Advisors LLC cut its stake in Northrop Grumman by 49.9% in Q3, selling 4,321 shares and now holding 4,335 shares valued at about $2.64 million.
• Company insiders have been net sellers recently—selling 32,431 shares worth roughly $21.97 million over the past three months (insiders now own 0.23% of the stock).
• Northrop Grumman beat estimates with $7.23 EPS for the quarter and 9.6% revenue growth year-over-year, set FY2026 guidance of 27.40–27.90 EPS, and announced a quarterly dividend of $2.31 (annualized yield ~1.2%).

Richard Bernstein Advisors LLC lowered its position in Northrop Grumman Corporation (NYSE:NOC - Free Report) by 49.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,335 shares of the aerospace company's stock after selling 4,321 shares during the quarter. Richard Bernstein Advisors LLC's holdings in Northrop Grumman were worth $2,641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Northrop Grumman by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 13,531,586 shares of the aerospace company's stock valued at $8,245,066,000 after acquiring an additional 109,941 shares during the period. Soundwatch Capital LLC acquired a new position in shares of Northrop Grumman during the second quarter worth $6,457,274,000. Geode Capital Management LLC lifted its holdings in shares of Northrop Grumman by 0.5% during the second quarter. Geode Capital Management LLC now owns 3,115,519 shares of the aerospace company's stock worth $1,554,299,000 after purchasing an additional 14,980 shares during the period. Franklin Resources Inc. grew its stake in shares of Northrop Grumman by 11.8% in the second quarter. Franklin Resources Inc. now owns 2,933,061 shares of the aerospace company's stock worth $1,466,472,000 after purchasing an additional 308,680 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Northrop Grumman by 26.7% in 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 purchasing an additional 221,431 shares during the last quarter. Institutional investors own 83.40% of the company's stock.

Insider Buying and Selling at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $684.52, for a total transaction of $65,029.40. Following the transaction, the director directly owned 4,203 shares of the company's stock, valued at $2,877,037.56. The trade was a 2.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total transaction of $1,575,226.29. Following the completion of the sale, the vice president owned 151 shares of the company's stock, valued at approximately $108,661.11. This trade represents a 93.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 32,431 shares of company stock worth $21,969,404. Corporate insiders own 0.23% of the company's stock.

Northrop Grumman Stock Performance

Shares of Northrop Grumman stock opened at $747.10 on Tuesday. The business has a 50-day moving average price of $678.79 and a two-hundred day moving average price of $615.73. Northrop Grumman Corporation has a 1-year low of $450.13 and a 1-year high of $774.00. 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 company has a market cap of $106.03 billion, a P/E ratio of 25.65, a PEG ratio of 5.62 and a beta of 0.03.

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

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 23rd will be issued 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 is Monday, February 23rd. Northrop Grumman's dividend payout ratio (DPR) is currently 31.72%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. Morgan Stanley reiterated an "overweight" rating and issued a $765.00 price target on shares of Northrop Grumman in a research report on Wednesday, January 28th. Jefferies Financial Group increased their price target on Northrop Grumman from $630.00 to $690.00 and gave the company a "hold" rating in a research note on Sunday, February 1st. Argus set a $785.00 price objective on Northrop Grumman in a research note on Tuesday, February 10th. Finally, Susquehanna reaffirmed a "positive" rating and issued a $752.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of "Moderate Buy" and an average price target 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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