Rep. Gilbert Ray Cisneros, Jr. Buys Northrop Grumman Corporation (NYSE:NOC) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Northrop Grumman Corporation (NYSE:NOC). In a filing disclosed on June 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Northrop Grumman stock on May 30th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Northrop Grumman Stock Performance

NYSE:NOC traded down $0.10 during midday trading on Thursday, reaching $568.40. The stock had a trading volume of 974,524 shares, compared to its average volume of 1,027,458. The firm has a fifty day simple moving average of $497.43 and a two-hundred day simple moving average of $488.96. Northrop Grumman Corporation has a 12-month low of $426.24 and a 12-month high of $576.86. The company has a quick ratio of 0.84, a current ratio of 1.04 and a debt-to-equity ratio of 0.98. The stock has a market cap of $81.81 billion, a P/E ratio of 20.95, a P/E/G ratio of 7.41 and a beta of 0.15.

Northrop Grumman (NYSE:NOC - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $10.35 billion for the quarter, compared to analyst estimates of $10.15 billion. During the same period last year, the firm posted $6.36 EPS. Northrop Grumman's quarterly revenue was up 1.3% on a year-over-year basis. On average, equities analysts expect that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Monday, June 2nd were given a $2.31 dividend. This represents a $9.24 dividend on an annualized basis and a yield of 1.63%. This is a positive change from Northrop Grumman's previous quarterly dividend of $2.06. The ex-dividend date was Monday, June 2nd. Northrop Grumman's dividend payout ratio (DPR) is 34.06%.

Analyst Ratings Changes

NOC has been the subject of a number of research reports. Bank of America lifted their price target on shares of Northrop Grumman from $550.00 to $650.00 and gave the company a "buy" rating in a research report on Wednesday. Robert W. Baird boosted 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. Morgan Stanley lifted their price target on Northrop Grumman from $580.00 to $625.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 16th. Wells Fargo & Company reiterated an "overweight" rating on shares of Northrop Grumman in a research report on Tuesday. Finally, Wall Street Zen lowered shares of Northrop Grumman from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Ten investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $576.67.

Institutional Trading of Northrop Grumman

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. IMA Advisory Services Inc. purchased a new stake in shares of Northrop Grumman during the first quarter worth about $27,000. Saudi Central Bank purchased a new stake in Northrop Grumman during the 1st quarter worth approximately $28,000. Banque Cantonale Vaudoise acquired a new position in shares of Northrop Grumman in the 1st quarter valued at approximately $30,000. Whipplewood Advisors LLC purchased a new position in shares of Northrop Grumman during the 4th quarter valued at approximately $31,000. Finally, Wood Tarver Financial Group LLC purchased a new position in shares of Northrop Grumman during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 83.40% of the company's stock.

Insider Activity at Northrop Grumman

In other news, 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 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 represents a 65.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Thomas H. Jones sold 729 shares of Northrop Grumman stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $505.77, for a total value of $368,706.33. Following the completion of the transaction, the vice president owned 7,552 shares of the company's stock, valued at $3,819,575.04. This trade represents a 8.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,569 shares of company stock worth $8,323,150 over the last three months. 0.23% of the stock is owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Northrop Grumman Company Profile

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.