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

Key Points

• Representative Lisa C. McClain purchased shares of Northrop Grumman Corporation (NYSE:NOC) valued between $1,001 and $15,000, with the transaction taking place on June 17th.
• The company's recent earnings report showed an EPS of $7.11, exceeding estimates and indicating a 1.3% revenue growth year-over-year.
• Northrop Grumman recently announced a quarterly dividend of $2.31 per share, yielding approximately 1.6% annually.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Northrop Grumman Corporation NYSE: NOC. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Northrop Grumman stock on June 17th. 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 Stock Down 0.9%

Shares of NYSE NOC traded down $5.2310 during trading on Friday, reaching $591.9790. The company had a trading volume of 616,625 shares, compared to its average volume of 736,066. Northrop Grumman Corporation has a 12-month low of $426.24 and a 12-month high of $600.99. 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 business's 50-day moving average is $541.47 and its 200 day moving average is $504.68. The stock has a market cap of $84.76 billion, a PE ratio of 21.82, a P/E/G ratio of 5.67 and a beta of 0.15.

Northrop Grumman (NYSE:NOC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The aerospace company reported $7.11 earnings per share (EPS) for the quarter, topping 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 business posted $6.36 EPS. Northrop Grumman's revenue was up 1.3% compared to the same quarter last year. Northrop Grumman has set its FY 2025 guidance at 25.000-25.400 EPS. As a group, equities analysts forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd will be issued a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Northrop Grumman's payout ratio is 34.06%.

Insider Buying and Selling

In other Northrop Grumman news, VP Thomas H. Jones sold 729 shares of Northrop Grumman stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $505.77, for a total transaction of $368,706.33. Following the transaction, the vice president owned 7,552 shares of the company's stock, valued at $3,819,575.04. The trade was a 8.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert J. Fleming sold 3,500 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of $505.77, for a total transaction of $1,770,195.00. Following the completion of the sale, the vice president directly owned 1,827 shares of the company's stock, valued at approximately $924,041.79. This trade represents 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 three months. 0.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Northrop Grumman

Hedge funds and other institutional investors have recently modified their holdings of the company. Brookstone Capital Management grew its position in Northrop Grumman by 121.0% during the first quarter. Brookstone Capital Management now owns 6,640 shares of the aerospace company's stock valued at $3,400,000 after buying an additional 3,635 shares during the period. GAM Holding AG boosted its stake in shares of Northrop Grumman by 51.9% during the 1st quarter. GAM Holding AG now owns 2,338 shares of the aerospace company's stock worth $1,197,000 after acquiring an additional 799 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Northrop Grumman during the 1st quarter worth $33,090,000. Golden State Wealth Management LLC grew its position in shares of Northrop Grumman by 206.2% during the 1st quarter. Golden State Wealth Management LLC now owns 2,771 shares of the aerospace company's stock valued at $1,421,000 after acquiring an additional 1,866 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of Northrop Grumman by 18.8% in the 1st quarter. Bessemer Group Inc. now owns 795,839 shares of the aerospace company's stock worth $407,477,000 after purchasing an additional 125,693 shares in the last quarter. 83.40% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Bank of America upped their target price on shares of Northrop Grumman from $550.00 to $650.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Wells Fargo & Company restated an "overweight" rating on shares of Northrop Grumman in a report on Tuesday, July 22nd. Truist Financial reiterated a "buy" rating and set a $625.00 target price (up from $550.00) on shares of Northrop Grumman in a research note on Wednesday, July 23rd. Royal Bank Of Canada lifted their target price on Northrop Grumman from $600.00 to $625.00 and gave the stock an "outperform" rating in a report on Tuesday, July 22nd. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Northrop Grumman in a report on Monday, July 14th. One 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 MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $586.79.

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.