SEB Asset Management AB Takes Position in Northrop Grumman Corporation $NOC

Key Points

• SEB Asset Management AB initiated a new position in Northrop Grumman during the first quarter, buying 3,821 shares valued at about $2.6 million. Institutional investors remain heavily involved, with institutions owning 83.4% of the company.
• Northrop Grumman’s latest earnings beat expectations, with Q2 EPS of $7.68 and revenue of $10.88 billion, while management raised its FY 2026 guidance to 28.6–29.1 EPS. The company also highlighted record backlog and strong bookings, pointing to improving momentum.
• Analysts remain mixed but generally constructive: several firms cut price targets, while the consensus rating is Moderate Buy with an average target price of $655.24. The stock was trading around $532.14, and Northrop recently boosted its quarterly dividend to $2.47 per share.

SEB Asset Management AB bought a new stake in Northrop Grumman Corporation (NYSE:NOC - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,821 shares of the aerospace company's stock, valued at approximately $2,607,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Financial Life Planners acquired a new stake in shares of Northrop Grumman in the first quarter valued at approximately $30,000. Torren Management LLC acquired a new position in shares of Northrop Grumman during the 4th quarter worth approximately $26,000. Karpus Management Inc. bought a new stake in Northrop Grumman in the 4th quarter valued at $26,000. Whipplewood Advisors LLC raised its stake in Northrop Grumman by 380.0% in the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Northrop Grumman during the 4th quarter valued at $29,000. Institutional investors own 83.40% of the company's stock.

Trending Headlines about Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Northrop Grumman’s Q2 results beat estimates, revenue topped expectations, and management raised 2026 guidance, which suggests improving operating momentum and better visibility into future earnings. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: The company’s record backlog, strong bookings, and program momentum could support faster growth in the second half of the year. NOC Q2 Earnings Call Signals Faster Growth in H2'26
• Positive Sentiment: Northrop’s Mission Robotic Vehicle launch highlights new space-service opportunities and reinforces the company’s position in high-profile space systems. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027
• Positive Sentiment: UBS raised its price target and kept a buy rating, signaling Wall Street still sees meaningful upside despite recent volatility. UBS Sticks to Its Buy Rating for Northrop Grumman (NOC)
• Neutral Sentiment: JPMorgan lowered its price target to $600 and kept a neutral rating, reflecting a more cautious near-term view but still implying upside from current levels. Northrop Grumman price target lowered by JPMorgan Chase & Co.
• Neutral Sentiment: Some recent commentary asks whether Northrop can keep converting backlog into sustained growth, suggesting investors may want more proof that recent strength is durable. Can Northrop Grumman NYSE: NOC Turn Backlog Into Momentum?
• Negative Sentiment: Recent articles also note that Northrop shares have been under pressure and have lagged this year, which may be limiting enthusiasm even after the earnings beat. Northrop Grumman (NOC) Stock May Be A Bargain Following Raised Outlook

Wall Street Analyst Weigh In

Several research firms have commented on NOC. Citigroup decreased their price objective on shares of Northrop Grumman from $628.00 to $587.00 and set a "buy" rating on the stock in a report on Wednesday, July 1st. TD Cowen cut their target price on shares of Northrop Grumman from $580.00 to $550.00 and set a "hold" rating for the company in a research note on Wednesday. The Goldman Sachs Group reduced their target price on shares of Northrop Grumman from $603.00 to $533.00 and set a "neutral" rating for the company in a report on Tuesday, July 14th. Raymond James Financial reiterated an "outperform" rating on shares of Northrop Grumman in a research note on Monday, June 15th. Finally, Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Northrop Grumman currently has an average rating of "Moderate Buy" and a consensus target price of $655.24.

Northrop Grumman Trading Up 1.3%

NOC opened at $532.14 on Friday. Northrop Grumman Corporation has a twelve month low of $479.02 and a twelve month high of $774.00. The company has a 50-day simple moving average of $535.78 and a 200 day simple moving average of $622.66. The company has a quick ratio of 1.04, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $75.58 billion, a price-to-earnings ratio of 16.90, a P/E/G ratio of 3.47 and a beta of -0.10.

Northrop Grumman (NYSE:NOC - Get Free Report) last released its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, beating the consensus estimate of $6.82 by $0.86. The firm had revenue of $10.88 billion for 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%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Analysts predict that Northrop Grumman Corporation will post 28.62 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a $2.47 dividend. This represents a $9.88 dividend on an annualized basis and a yield of 1.9%. This is a positive change from Northrop Grumman's previous quarterly dividend of $2.31. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman's payout ratio is 31.39%.

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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