Seaport Res Ptn Has Positive Estimate for NOC Q3 Earnings

Northrop Grumman Corporation (NYSE:NOC - Free Report) - Stock analysts at Seaport Res Ptn upped their Q3 2025 earnings per share (EPS) estimates for Northrop Grumman in a research report issued on Wednesday, July 16th. Seaport Res Ptn analyst R. Safran now forecasts that the aerospace company will earn $7.32 per share for the quarter, up from their previous forecast of $7.18. The consensus estimate for Northrop Grumman's current full-year earnings is $28.05 per share.

Several other equities analysts have also recently weighed in on the stock. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Northrop Grumman in a research report on Monday, July 14th. Royal Bank Of Canada dropped their price target on shares of Northrop Grumman from $575.00 to $550.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. UBS Group dropped 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 report on Wednesday, April 23rd. Susquehanna dropped their price target 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. Finally, Wells Fargo & Company set a $525.00 price target on shares of Northrop Grumman and gave the company an "overweight" rating in a research report on Thursday, April 24th. Nine equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $550.00.

Northrop Grumman Stock Down 1.0%

Shares of NOC stock traded down $5.00 on Thursday, reaching $518.83. 873,903 shares of the company were exchanged, compared to its average volume of 876,914. The company has a market cap of $74.68 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 6.16 and a beta of 0.15. The company has a 50-day moving average of $492.64 and a 200-day moving average of $487.41. 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 (NYSE:NOC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share for the quarter, missing analysts' consensus estimates of $6.33 by ($0.27). Northrop Grumman had a return on equity of 25.46% and a net margin of 9.19%. The business had revenue of $9.47 billion for the quarter, compared to analyst estimates of $10.07 billion.

Institutional Investors Weigh In On Northrop Grumman

Institutional investors have recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. increased its stake in Northrop Grumman by 3.0% in the 1st quarter. Redhawk Wealth Advisors Inc. now owns 644 shares of the aerospace company's stock worth $330,000 after buying an additional 19 shares during the period. Salvus Wealth Management LLC increased its stake in Northrop Grumman by 1.5% in the 1st quarter. Salvus Wealth Management LLC now owns 1,349 shares of the aerospace company's stock worth $691,000 after buying an additional 20 shares during the period. Capital Investment Advisors LLC increased its stake in Northrop Grumman by 1.0% in the 2nd quarter. Capital Investment Advisors LLC now owns 2,049 shares of the aerospace company's stock worth $1,025,000 after buying an additional 20 shares during the period. IAG Wealth Partners LLC increased its position in Northrop Grumman by 8.4% during the 1st quarter. IAG Wealth Partners LLC now owns 271 shares of the aerospace company's stock valued at $139,000 after purchasing an additional 21 shares during the period. Finally, Integrated Investment Consultants LLC increased its position in Northrop Grumman by 3.9% during the 1st quarter. Integrated Investment Consultants LLC now owns 553 shares of the aerospace company's stock valued at $283,000 after purchasing an additional 21 shares during the period. Institutional investors own 83.40% of the company's stock.

Insider Activity

In related news, VP Roshan S. Roeder sold 991 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $490.00, for a total transaction of $485,590.00. Following the completion of the transaction, the vice president owned 319 shares in the company, valued at approximately $156,310. This represents a 75.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Kathy J. Warden sold 7,500 shares of the company'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 transaction, the chief executive officer owned 201,602 shares of the company's stock, valued at approximately $101,964,243.54. This represents a 3.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,569 shares of company stock valued at $8,323,150. 0.23% of the stock is currently owned by company insiders.

Northrop Grumman Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd were issued a dividend of $2.31 per share. This is a boost from Northrop Grumman's previous quarterly dividend of $2.06. This represents a $9.24 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date was Monday, June 2nd. Northrop Grumman's dividend payout ratio is currently 36.46%.

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.