Rep. Lisa C. McClain Sells Off Shares of Northrop Grumman Corporation (NYSE:NOC)

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of Northrop Grumman on June 24th, with the transaction disclosed in a filing on August 13th.
• Northrop Grumman recently reported a quarterly earnings per share (EPS) of $7.11, exceeding analysts' expectations and showcasing a 1.3% year-over-year revenue increase.
• The company declared a quarterly dividend of $2.31, marking an increase from the previous $2.06, which contributes to a 1.6% annualized dividend yield.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Northrop Grumman Corporation NYSE: NOC. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Northrop Grumman stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Northrop Grumman Price Performance

Shares of NOC traded up $4.65 during trading hours on Thursday, reaching $597.19. 610,221 shares of the stock traded hands, compared to its average volume of 754,299. The company has a current ratio of 1.04, a quick ratio of 0.93 and a debt-to-equity ratio of 0.98. Northrop Grumman Corporation has a 52-week low of $426.24 and a 52-week high of $598.83. The company's 50-day moving average price is $539.97 and its two-hundred day moving average price is $503.70. The company has a market cap of $85.51 billion, a P/E ratio of 22.01, a price-to-earnings-growth ratio of 5.67 and a beta of 0.15.

Northrop Grumman (NYSE:NOC - Get Free Report) last released its earnings results on Tuesday, July 22nd. The aerospace company reported $7.11 earnings per share for the quarter, beating analysts' consensus estimates of $6.84 by $0.27. Northrop Grumman had a net margin of 9.74% and a return on equity of 25.52%. The company had revenue of $10.35 billion for the quarter, compared to analysts' expectations of $10.15 billion. During the same quarter in the previous year, the company earned $6.36 EPS. Northrop Grumman's revenue for the quarter was up 1.3% on a year-over-year basis. Northrop Grumman has set its FY 2025 guidance at 25.000-25.400 EPS. On average, analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Tuesday, September 2nd will be paid a dividend of $2.31 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.5%. Northrop Grumman's payout ratio is 34.06%.

Wall Street Analyst Weigh In

A number of research firms recently commented on NOC. JPMorgan Chase & Co. boosted their price target on Northrop Grumman from $480.00 to $585.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $542.00 price target (down from $580.00) on shares of Northrop Grumman in a report on Tuesday, July 8th. Robert W. Baird boosted their price target on Northrop Grumman from $547.00 to $565.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Wall Street Zen cut Northrop Grumman from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, UBS Group decreased their price target on shares of Northrop Grumman from $583.00 to $571.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $586.79.

Institutional Trading of Northrop Grumman

Hedge funds have recently made changes to their positions in the business. Parvin Asset Management LLC purchased a new stake in shares of Northrop Grumman during the 2nd quarter valued at about $25,000. IMA Advisory Services Inc. purchased a new stake in shares of Northrop Grumman during the 1st quarter valued at about $27,000. Saudi Central Bank purchased a new stake in shares of Northrop Grumman during the 1st quarter valued at about $28,000. Banque Cantonale Vaudoise purchased a new stake in shares of Northrop Grumman during the 1st quarter valued at about $30,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Northrop Grumman during the 2nd quarter valued at about $31,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Northrop Grumman

In related news, CEO Kathy J. Warden sold 7,500 shares of the company's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $505.77, for a total transaction of $3,793,275.00. Following the transaction, the chief executive officer directly owned 201,602 shares in the company, valued at approximately $101,964,243.54. This represents a 3.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Robert J. Fleming sold 3,500 shares of the company's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $505.77, for a total transaction of $1,770,195.00. Following the transaction, the vice president owned 1,827 shares in the company, valued at $924,041.79. The trade was a 65.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,536 shares of company stock valued at $8,306,857 over the last quarter. 0.23% of the stock is owned by corporate insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.