Northrop Grumman (NOC) Expected to Announce Quarterly Earnings on Tuesday

Northrop Grumman (NYSE:NOC - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $6.73 per share and revenue of $10.15 billion for the quarter. Northrop Grumman has set its FY 2025 guidance at 24.950-25.350 EPS.

Northrop Grumman (NYSE:NOC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.27). The business had revenue of $9.47 billion for the quarter, compared to the consensus estimate of $10.07 billion. Northrop Grumman had a net margin of 9.19% and a return on equity of 25.46%. On average, analysts expect Northrop Grumman to post $28 EPS for the current fiscal year and $29 EPS for the next fiscal year.

Northrop Grumman Stock Down 0.3%

NOC traded down $1.33 during midday trading on Wednesday, hitting $515.49. 84,370 shares of the company's stock traded hands, compared to its average volume of 876,000. The company has a market cap of $74.19 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 6.19 and a beta of 0.15. The stock's fifty day simple moving average is $490.45 and its 200-day simple moving average is $486.31. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.84. Northrop Grumman has a one year low of $426.24 and a one year high of $555.57.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 2nd were given a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a yield of 1.79%. The ex-dividend date was Monday, June 2nd. This is a positive change from Northrop Grumman's previous quarterly dividend of $2.06. Northrop Grumman's dividend payout ratio (DPR) is presently 36.46%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NOC shares. Susquehanna cut their price objective on shares of Northrop Grumman from $557.00 to $540.00 and set a "positive" rating on the stock in a research report on Wednesday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $542.00 price target (down previously from $580.00) on shares of Northrop Grumman in a report on Tuesday, July 8th. Wall Street Zen downgraded Northrop Grumman from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. UBS Group lowered their price target on Northrop Grumman from $583.00 to $571.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Finally, Morgan Stanley increased their price target on Northrop Grumman from $580.00 to $625.00 and gave the company an "overweight" rating in a report on Wednesday, April 16th. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $550.00.

Insider Activity at Northrop Grumman

In other news, VP Robert J. Fleming sold 3,500 shares of the firm's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $505.77, for a total value of $1,770,195.00. Following the sale, the vice president owned 1,827 shares in the company, valued at approximately $924,041.79. This trade represents a 65.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kathy J. Warden sold 7,500 shares of the firm's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $505.77, for a total transaction of $3,793,275.00. Following the completion of the sale, the chief executive officer owned 201,602 shares in the company, valued at approximately $101,964,243.54. The trade was a 3.59% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,569 shares of company stock worth $8,323,150. Insiders own 0.23% of the company's stock.

Institutional Investors Weigh In On Northrop Grumman

Several hedge funds and other institutional investors have recently modified their holdings of NOC. Brighton Jones LLC lifted its position in Northrop Grumman by 176.3% in the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company's stock worth $1,394,000 after purchasing an additional 1,895 shares during the period. Bison Wealth LLC lifted its position in Northrop Grumman by 5.3% in the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company's stock worth $301,000 after purchasing an additional 32 shares during the period. Finally, Woodline Partners LP lifted its position in Northrop Grumman by 367.7% in the first quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company's stock worth $1,288,000 after purchasing an additional 1,978 shares during the period. Institutional investors and hedge funds own 83.40% of the company's stock.

About Northrop Grumman

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.