Swiss National Bank Sells 20,400 Shares of Northrop Grumman Corporation $NOC

Key Points

• Swiss National Bank trimmed its stake in Northrop Grumman by 4.9%, selling 20,400 shares in Q3 and now holds 394,145 shares (about 0.28%) valued at roughly $240.16 million.
• Northrop reported Q results with EPS $7.23 beating estimates and revenue of $11.71 billion (up 9.6% y/y), set FY2026 EPS guidance of 27.400–27.900, and declared a quarterly dividend of $2.31 (1.2% yield).
• Company insiders have sold 32,431 shares (about $22 million) over the past 90 days, while institutional investors own about 83.4% of the stock.

Swiss National Bank trimmed its holdings in shares of Northrop Grumman Corporation (NYSE:NOC - Free Report) by 4.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 394,145 shares of the aerospace company's stock after selling 20,400 shares during the period. Swiss National Bank owned approximately 0.28% of Northrop Grumman worth $240,160,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Physician Wealth Advisors Inc. increased its stake in Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company's stock valued at $29,000 after acquiring an additional 32 shares during the period. Parvin Asset Management LLC acquired a new position in Northrop Grumman in the second quarter worth about $25,000. Hopwood Financial Services Inc. bought a new position in Northrop Grumman during the third quarter worth about $30,000. Twin Peaks Wealth Advisors LLC bought a new position in Northrop Grumman during the second quarter worth about $31,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Northrop Grumman during the third quarter valued at approximately $42,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Stock Down 1.2%

Shares of NYSE:NOC opened at $747.10 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The firm has a market cap of $106.03 billion, a P/E ratio of 25.65, a P/E/G ratio of 5.62 and a beta of 0.03. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $774.00. The company's 50-day moving average price is $678.79 and its two-hundred day moving average price is $615.73.

Northrop Grumman (NYSE:NOC - Get Free Report) last announced 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. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The company had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $6.39 earnings per share. The company's revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, research analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 23rd will be given a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, February 23rd. Northrop Grumman's payout ratio is 31.72%.

Analysts Set New Price Targets

NOC has been the topic of several analyst reports. BNP Paribas Exane assumed coverage on Northrop Grumman in a research note on Tuesday, November 18th. They issued an "outperform" rating and a $710.00 price objective on the stock. Argus set a $785.00 price target on Northrop Grumman in a research note on Tuesday, February 10th. TD Cowen reiterated a "hold" rating on shares of Northrop Grumman in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $765.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 29th. Finally, Vertical Research reissued a "hold" rating and set a $688.00 price objective on shares of Northrop Grumman in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $693.60.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the company's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the transaction, the director owned 4,203 shares of the company's stock, valued at approximately $2,877,037.56. This represents a 2.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the transaction, the vice president owned 151 shares in the company, valued at $108,661.11. The trade was a 93.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 32,431 shares of company stock worth $21,969,404. Company insiders own 0.23% of the company's stock.

About Northrop Grumman

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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