Zacks Research Has Optimistic Outlook of NOC Q1 Earnings

Northrop Grumman Corporation (NYSE:NOC - Free Report) - Stock analysts at Zacks Research raised their Q1 2026 EPS estimates for shares of Northrop Grumman in a report issued on Monday, June 16th. Zacks Research analyst A. Dutta now forecasts that the aerospace company will earn $5.50 per share for the quarter, up from their previous estimate of $5.44. 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 Q2 2026 earnings at $4.82 EPS and Q1 2027 earnings at $1.95 EPS.

A number of other equities research analysts also recently issued reports on NOC. Wells Fargo & Company set a $525.00 target price on shares of Northrop Grumman and gave the stock an "overweight" rating in a research report on Thursday, April 24th. 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 note on Wednesday, April 23rd. Argus upgraded shares of Northrop Grumman to a "strong-buy" rating in a research note on Wednesday, February 26th. Wall Street Zen lowered shares of Northrop Grumman from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, Truist Financial lowered their target price on shares of Northrop Grumman from $600.00 to $550.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $545.31.

Northrop Grumman Stock Up 1.2%

Shares of NYSE:NOC opened at $503.59 on Wednesday. Northrop Grumman has a 52 week low of $422.69 and a 52 week high of $555.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.84 and a current ratio of 0.95. The company has a market cap of $72.48 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 5.43 and a beta of 0.14. The firm has a 50 day simple moving average of $490.91 and a 200 day simple moving average of $482.72.

Northrop Grumman (NYSE:NOC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.27). The firm had revenue of $9.47 billion during the quarter, compared to analysts' expectations 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 company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Monday, June 2nd will be issued a dividend of $2.31 per share. This is an increase from Northrop Grumman's previous quarterly dividend of $2.06. This represents a $9.24 annualized dividend and a yield of 1.83%. The ex-dividend date is Monday, June 2nd. Northrop Grumman's dividend payout ratio (DPR) is currently 36.46%.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, VP Roshan S. Roeder sold 991 shares of the firm's stock in a transaction dated Wednesday, June 4th. The shares were 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 owns 319 shares in the company, valued at approximately $156,310. This trade represents a 75.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kathy J. Warden sold 3,750 shares of the firm's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $495.00, for a total transaction of $1,856,250.00. Following the completion of the sale, the chief executive officer now owns 209,102 shares of the company's stock, valued at $103,505,490. The trade was a 1.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,569 shares of company stock valued at $8,322,279 in the last ninety days. Insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NOC. IMA Advisory Services Inc. bought a new stake in shares of Northrop Grumman in the first quarter worth $27,000. Saudi Central Bank acquired a new position in Northrop Grumman during the first quarter worth $28,000. Banque Cantonale Vaudoise acquired a new position in Northrop Grumman during the first quarter worth $30,000. Whipplewood Advisors LLC bought a new stake in Northrop Grumman during the fourth quarter worth $31,000. Finally, Wood Tarver Financial Group LLC bought a new stake in Northrop Grumman during the fourth quarter worth $32,000. Institutional investors and hedge funds 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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