Zacks Research Analysts Boost Earnings Estimates for NOC

Northrop Grumman Corporation (NYSE:NOC - Free Report) - Equities research analysts at Zacks Research lifted their Q3 2025 earnings per share estimates for Northrop Grumman in a research note issued on Monday, June 16th. Zacks Research analyst A. Dutta now forecasts that the aerospace company will post earnings of $7.64 per share for the quarter, up from their prior forecast of $7.63. The consensus estimate for Northrop Grumman's current full-year earnings is $28.05 per share. Zacks Research also issued estimates for Northrop Grumman's FY2026 earnings at $27.41 EPS and FY2027 earnings at $29.60 EPS.

Other research analysts have also recently issued reports about the stock. Morgan Stanley boosted their target price on shares of Northrop Grumman from $580.00 to $625.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 16th. Susquehanna cut their price objective on shares of Northrop Grumman from $557.00 to $540.00 and set a "positive" rating on the stock in a report on Wednesday, April 23rd. Argus upgraded Northrop Grumman to a "strong-buy" rating in a research note on Wednesday, February 26th. Wall Street Zen lowered Northrop Grumman from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, UBS Group reduced their price target on Northrop Grumman from $583.00 to $571.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $548.33.

Northrop Grumman Stock Down 1.9%

NYSE NOC opened at $494.16 on Thursday. The company has a quick ratio of 0.84, a current ratio of 0.95 and a debt-to-equity ratio of 0.95. Northrop Grumman has a fifty-two week low of $422.69 and a fifty-two week high of $555.57. The business has a 50 day moving average price of $490.53 and a two-hundred day moving average price of $482.80. The stock has a market cap of $71.12 billion, a PE ratio of 19.50, a P/E/G ratio of 5.50 and a beta of 0.14.

Northrop Grumman (NYSE:NOC - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.33 by ($0.27). The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $10.07 billion. Northrop Grumman had a net margin of 9.19% and a return on equity of 25.46%.

Northrop Grumman Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd were paid a $2.31 dividend. This is an increase from Northrop Grumman's previous quarterly dividend of $2.06. This represents a $9.24 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date was Monday, June 2nd. Northrop Grumman's payout ratio is presently 36.46%.

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 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 completion of the transaction, the chief executive officer now directly owns 201,602 shares in the company, valued at $101,964,243.54. This represents a 3.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Roshan S. Roeder sold 991 shares of the stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $490.00, for a total value of $485,590.00. Following the completion of the sale, the vice president now directly owns 319 shares in the company, valued at $156,310. This represents a 75.65% 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 $8,322,279 over the last ninety days. Company insiders own 0.23% of the company's stock.

Hedge Funds Weigh In On Northrop Grumman

Several institutional investors have recently modified their holdings of NOC. IMA Advisory Services Inc. acquired a new position in Northrop Grumman during the 1st quarter valued at about $27,000. Saudi Central Bank bought a new stake in shares of Northrop Grumman during the first quarter valued at approximately $28,000. Banque Cantonale Vaudoise acquired a new position in shares of Northrop Grumman during the first quarter worth approximately $30,000. Whipplewood Advisors LLC acquired a new position in shares of Northrop Grumman during the fourth quarter worth approximately $31,000. Finally, Wood Tarver Financial Group LLC bought a new position in Northrop Grumman in the 4th quarter worth approximately $32,000. Institutional investors own 83.40% of the company's stock.

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.

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