Northrop Grumman - NOC Stock Forecast, Price & News

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. 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. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

Northrop Grumman Stock Performance

NYSE:NOC traded up $1.76 during mid-day trading on Monday, reaching $481.34. 3,321 shares of the stock were exchanged, compared to its average volume of 916,711. The business's 50 day moving average is $466.19 and its 200-day moving average is $448.08. Northrop Grumman has a 1 year low of $344.89 and a 1 year high of $492.30. The company has a market capitalization of $74.47 billion, a P/E ratio of 13.35, a P/E/G ratio of 8.85 and a beta of 0.62. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.20 and a current ratio of 1.30.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st were issued a dividend of $1.73 per share. This represents a $6.92 annualized dividend and a yield of 1.44%. This is an increase from Northrop Grumman's previous quarterly dividend of $1.57. The ex-dividend date of this dividend was Friday, May 27th. Northrop Grumman's dividend payout ratio (DPR) is presently 19.26%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NOC. UBS Group upped their price objective on shares of Northrop Grumman from $410.00 to $450.00 in a report on Friday, April 29th. Argus upped their price objective on shares of Northrop Grumman from $420.00 to $495.00 in a report on Thursday, May 12th. Robert W. Baird raised shares of Northrop Grumman from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $488.00 to $529.00 in a report on Friday, July 29th. Susquehanna Bancshares upped their price objective on shares of Northrop Grumman from $520.00 to $530.00 and gave the company a "positive" rating in a report on Friday, July 29th. Finally, Morgan Stanley upped their price objective on shares of Northrop Grumman from $521.00 to $530.00 and gave the company an "overweight" rating in a report on Tuesday, July 12th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $468.18.

Insider Buying and Selling at Northrop Grumman

In other Northrop Grumman news, VP Thomas L. Wilson, Jr. sold 582 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $482.00, for a total transaction of $280,524.00. Following the transaction, the vice president now directly owns 2,094 shares of the company's stock, valued at $1,009,308. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Northrop Grumman news, VP Thomas L. Wilson, Jr. sold 582 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $482.00, for a total transaction of $280,524.00. Following the transaction, the vice president now directly owns 2,094 shares of the company's stock, valued at $1,009,308. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Kathy J. Warden sold 10,000 shares of the stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $481.87, for a total transaction of $4,818,700.00. Following the transaction, the chief executive officer now directly owns 134,583 shares in the company, valued at $64,851,510.21. The disclosure for this sale can be found here. Insiders have sold a total of 14,607 shares of company stock valued at $7,007,034 over the last ninety days. Corporate insiders own 0.26% of the company's stock.