Northrop Grumman (NYSE:NOC) Issues FY 2025 Earnings Guidance

Key Points

• Northrop Grumman updated its FY 2025 earnings guidance with an EPS forecast of $25.650-26.050, slightly below the consensus estimate of $25.960, and revenue guidance of $41.7 billion-$41.9 billion, compared to the consensus of $42.2 billion.
• The company reported a quarterly EPS of $7.67, exceeding expectations by $1.24, and maintains a net margin of 9.74% with a return on equity of 25.52%.
• Northrop Grumman recently paid a quarterly dividend of $2.31, representing an annualized dividend of $9.24 and a yield of 1.5%, with a dividend payout ratio of 34.06%.

Northrop Grumman (NYSE:NOC - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 25.650-26.050 for the period, compared to the consensus EPS estimate of 25.960. The company issued revenue guidance of $41.7 billion-$41.9 billion, compared to the consensus revenue estimate of $42.2 billion.

Northrop Grumman Stock Performance

Shares of NOC opened at $601.92 on Tuesday. The company has a market capitalization of $86.18 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 5.78 and a beta of 0.10. Northrop Grumman has a 52-week low of $426.24 and a 52-week high of $640.90. The company has a quick ratio of 0.93, a current ratio of 1.04 and a debt-to-equity ratio of 0.98. The stock has a 50 day moving average price of $592.91 and a 200 day moving average price of $538.16.

Northrop Grumman (NYSE:NOC - Get Free Report) last issued its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 earnings per share for the quarter, topping the consensus estimate of $6.43 by $1.24. Northrop Grumman had a net margin of 9.74% and a return on equity of 25.52%. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. Research analysts predict that Northrop Grumman will post 28.05 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd were paid a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, September 2nd. Northrop Grumman's dividend payout ratio is currently 34.06%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Robert W. Baird lifted their target price on Northrop Grumman from $547.00 to $565.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada lifted their price target on Northrop Grumman from $600.00 to $625.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. Susquehanna increased their price objective on Northrop Grumman from $557.00 to $650.00 and gave the company a "positive" rating in a report on Tuesday, July 22nd. Wells Fargo & Company reaffirmed an "overweight" rating on shares of Northrop Grumman in a report on Tuesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $700.00 price target on shares of Northrop Grumman and gave the company a "buy" rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $617.50.

Institutional Investors Weigh In On Northrop Grumman

Several hedge funds have recently modified their holdings of the stock. Bison Wealth LLC grew its position in Northrop Grumman by 5.3% in the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company's stock valued at $301,000 after buying an additional 32 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Northrop Grumman by 2.6% in the second quarter. Smartleaf Asset Management LLC now owns 1,506 shares of the aerospace company's stock valued at $744,000 after acquiring an additional 38 shares in the last quarter. ICONIQ Capital LLC increased its stake in shares of Northrop Grumman by 9.4% during the second quarter. ICONIQ Capital LLC now owns 546 shares of the aerospace company's stock worth $273,000 after acquiring an additional 47 shares during the period. Glenview Trust co raised its holdings in Northrop Grumman by 2.5% during the second quarter. Glenview Trust co now owns 1,917 shares of the aerospace company's stock worth $958,000 after purchasing an additional 47 shares in the last quarter. Finally, Challenger Wealth Management lifted its position in Northrop Grumman by 4.9% in the second quarter. Challenger Wealth Management now owns 1,432 shares of the aerospace company's stock valued at $716,000 after purchasing an additional 67 shares during the period. 83.40% of the stock is owned by institutional investors and hedge funds.

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.

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