Northrop Grumman Corp. (NYSE:NOC) VP Denise M. Peppard sold 1,912 shares of the firm’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $228.42, for a total value of $436,739.04. Following the completion of the transaction, the vice president now owns 35,372 shares in the company, valued at $8,079,672.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Northrop Grumman Corp. (NYSE:NOC) opened at 245.17 on Friday. The company has a 50-day moving average price of $221.17 and a 200 day moving average price of $216.78. The stock has a market cap of $43.21 billion, a price-to-earnings ratio of 20.92 and a beta of 0.66. Northrop Grumman Corp. has a 52-week low of $175.00 and a 52-week high of $249.98.

Northrop Grumman Corp. (NYSE:NOC) last posted its quarterly earnings results on Wednesday, October 26th. The company reported $3.35 EPS for the quarter, beating the consensus estimate of $2.81 by $0.54. Northrop Grumman Corp. had a net margin of 8.96% and a return on equity of 34.10%. The company had revenue of $6.20 billion for the quarter, compared to analyst estimates of $6.01 billion. During the same period in the prior year, the company earned $2.75 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. On average, analysts expect that Northrop Grumman Corp. will post $11.70 earnings per share for the current year.

Insider Buying and Selling by Quarter for Northrop Grumman Corp. (NYSE:NOC)

A number of large investors have recently bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. raised its stake in Northrop Grumman Corp. by 0.4% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 830 shares of the company’s stock valued at $178,000 after buying an additional 3 shares during the last quarter. Johanson Financial Advisors Inc. raised its stake in Northrop Grumman Corp. by 0.4% in the second quarter. Johanson Financial Advisors Inc. now owns 1,465 shares of the company’s stock valued at $328,000 after buying an additional 6 shares during the last quarter. Thompson Davis & CO. Inc. raised its stake in Northrop Grumman Corp. by 1.5% in the second quarter. Thompson Davis & CO. Inc. now owns 533 shares of the company’s stock valued at $118,000 after buying an additional 8 shares during the last quarter. Gilman Hill Asset Management LLC raised its stake in Northrop Grumman Corp. by 0.4% in the second quarter. Gilman Hill Asset Management LLC now owns 2,380 shares of the company’s stock valued at $529,000 after buying an additional 10 shares during the last quarter. Finally, Pegasus Partners Ltd. raised its stake in Northrop Grumman Corp. by 0.3% in the third quarter. Pegasus Partners Ltd. now owns 4,018 shares of the company’s stock valued at $860,000 after buying an additional 13 shares during the last quarter. 82.48% of the stock is currently owned by institutional investors.

Several research firms recently weighed in on NOC. Vetr upgraded Northrop Grumman Corp. from a “sell” rating to a “hold” rating and set a $251.18 target price on the stock in a research report on Thursday. Barclays PLC upgraded Northrop Grumman Corp. from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $230.00 to $270.00 in a research report on Thursday. Jefferies Group reiterated a “buy” rating and set a $260.00 target price (up from $250.00) on shares of Northrop Grumman Corp. in a research report on Friday, October 28th. Vertical Research began coverage on Northrop Grumman Corp. in a research report on Friday, October 28th. They set a “hold” rating on the stock. Finally, Zacks Investment Research upgraded Northrop Grumman Corp. from a “hold” rating to a “buy” rating and set a $252.00 target price on the stock in a research report on Friday, October 28th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $234.08.

About Northrop Grumman Corp.

Northrop Grumman Corporation (Northrop Grumman) is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to Government and commercial customers across the world.

5 Day Chart for NYSE:NOC

Receive News & Stock Ratings for Northrop Grumman Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northrop Grumman Corp. and related stocks with our FREE daily email newsletter.