Rep. Val T. Hoyle Sells Off Shares of Northrop Grumman Corporation (NYSE:NOC)

Key Points

• Representative Val T. Hoyle sold shares of Northrop Grumman Corporation (NYSE:NOC) valued between $1,001 and $15,000 on September 23rd, as disclosed in a filing on October 10th.
• Northrop Grumman's stock has seen a 1.8% decline recently, with current trading at $623.51 and a market capitalization of $89.27 billion.
• The company recently announced a quarterly dividend of $2.31 per share, representing an annualized dividend yield of 1.5%, with a payout ratio of 34.06%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Northrop Grumman Corporation NYSE: NOC. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Northrop Grumman stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Northrop Grumman Stock Down 1.8%

NYSE NOC opened at $623.51 on Friday. The business has a fifty day moving average price of $590.32 and a two-hundred day moving average price of $533.65. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.04 and a quick ratio of 0.93. Northrop Grumman Corporation has a fifty-two week low of $426.24 and a fifty-two week high of $640.90. The stock has a market capitalization of $89.27 billion, a PE ratio of 22.98, a PEG ratio of 6.08 and a beta of 0.10.

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, topping the consensus estimate of $6.84 by $0.27. Northrop Grumman had a return on equity of 25.52% and a net margin of 9.74%.The firm had revenue of $10.35 billion during the quarter, compared to analysts' expectations of $10.15 billion. During the same period in the prior year, the company earned $6.36 earnings per share. The company's quarterly revenue was up 1.3% on a year-over-year basis. Northrop Grumman has set its FY 2025 guidance at 25.000-25.400 EPS. Equities analysts expect that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wall Street Zen upgraded Northrop Grumman from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Truist Financial reiterated a "buy" rating and issued a $625.00 price target (up from $550.00) on shares of Northrop Grumman in a research note on Wednesday, July 23rd. Susquehanna increased their price target on Northrop Grumman from $557.00 to $650.00 and gave the company a "positive" rating in a research note on Tuesday, July 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of Northrop Grumman in a research note on Saturday, September 27th. Finally, JPMorgan Chase & Co. increased their price target on Northrop Grumman from $480.00 to $585.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $601.00.

Institutional Trading of Northrop Grumman

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

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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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