Meeder Asset Management Inc. Has $14.55 Million Stock Position in Northrop Grumman Corporation $NOC

Meeder Asset Management Inc. lifted its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 27.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,876 shares of the aerospace company’s stock after purchasing an additional 5,072 shares during the quarter. Northrop Grumman makes up about 0.8% of Meeder Asset Management Inc.’s investment portfolio, making the stock its 29th largest position. Meeder Asset Management Inc.’s holdings in Northrop Grumman were worth $14,548,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of NOC. Parvin Asset Management LLC acquired a new position in shares of Northrop Grumman in the 2nd quarter valued at $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in Northrop Grumman during the second quarter worth $31,000. NewSquare Capital LLC lifted its holdings in shares of Northrop Grumman by 75.0% during the second quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after acquiring an additional 27 shares during the period. AlphaQuest LLC increased its position in shares of Northrop Grumman by 29.2% during the 2nd quarter. AlphaQuest LLC now owns 93 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 21 shares in the last quarter. Finally, City Holding Co. boosted its position in Northrop Grumman by 138.1% in the second quarter. City Holding Co. now owns 100 shares of the aerospace company’s stock valued at $50,000 after buying an additional 58 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.

Key Headlines Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Trump floated a dramatic $1.5 trillion 2027 defense budget, which lifted defense stocks and boosted investor expectations for higher government spending that would benefit large contractors like Northrop. Trump proposes massive increase in 2027 defense spending to $1.5T
• Positive Sentiment: Northrop won a Navy contract (~$94.3M) for solid rocket motors (SSRM), adding near-term revenue and strengthening backlog in propulsion/ordnance. Northrop Grumman wins $94.3 million Navy contract for rocket motors
• Positive Sentiment: Northrop was competitively awarded the Marine Corps CCA work (with Kratos’ Valkyrie UAS) to rapidly develop collaborative combat aircraft — a program win that supports future unmanned/autonomy revenue. Northrop Grumman to Rapidly Develop Marine Corps CCA with Kratos’ Valkyrie UAS
• Positive Sentiment: Northrop launched a digitally enhanced ICBM target vehicle, highlighting product development and tech leadership that can support future DoD awards. Northrop Grumman launches digitally enhanced ICBM target vehicle
• Positive Sentiment: Analysts and research services note Northrop’s strong earnings-surprise history and Zacks/other research highlighting the company as a potential beat ahead of quarterly results, supporting bullish expectations. Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Technical indicators (golden cross / rising relative strength) are signaling short-term momentum, which can attract technical buyers ahead of earnings. Northrop Grumman (NOC) Just Flashed Golden Cross Signal
• Neutral Sentiment: Zacks issued small EPS revisions (mixed downgrades/raises) that mostly keep FY2027 outlook stable but add estimate noise near the next report. MarketBeat NOC coverage (Zacks estimates)
• Negative Sentiment: President Trump signed/ordered curbs on buybacks/dividends and signaled caps on executive pay for underperforming contractors — a material policy risk that could limit shareholder returns and triggered selling pressure across the sector. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Northrop’s CEO disclosed recent sales of several thousand shares (Jan. 5–6), which some investors view negatively amid heightened policy scrutiny. SEC Form 4 — Kathy J. Warden
• Negative Sentiment: After Trump’s comments and orders, intraday headlines showed immediate selling pressure on defense names, which weighed on Northrop despite positive contract/news flow. Northrop Grumman Stock Drops After Trump Warns Against Buybacks Over Investment

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Susquehanna boosted their target price on Northrop Grumman from $650.00 to $690.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft set a $700.00 price objective on Northrop Grumman and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Citigroup began coverage on shares of Northrop Grumman in a report on Thursday, December 11th. They set a “buy” rating and a $654.00 price objective on the stock. Truist Financial reaffirmed a “hold” rating and issued a $623.00 target price (down from $688.00) on shares of Northrop Grumman in a research note on Friday. Finally, JPMorgan Chase & Co. increased their price target on shares of Northrop Grumman from $575.00 to $640.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $647.35.

Insider Activity

In other news, Director Mark A. Welsh III sold 97 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $564.08, for a total value of $54,715.76. Following the completion of the sale, the director directly owned 4,281 shares of the company’s stock, valued at $2,414,826.48. This represents a 2.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Kathy J. Warden sold 7,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $600.00, for a total transaction of $4,200,000.00. Following the completion of the sale, the chief executive officer owned 194,602 shares in the company, valued at $116,761,200. This represents a 3.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,097 shares of company stock worth $6,099,716 in the last three months. Insiders own 0.23% of the company’s stock.

Northrop Grumman Trading Up 4.8%

NOC opened at $619.31 on Monday. The firm has a 50 day simple moving average of $570.08 and a 200 day simple moving average of $572.72. Northrop Grumman Corporation has a fifty-two week low of $426.24 and a fifty-two week high of $640.90. The company has a market cap of $88.39 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 5.02 and a beta of 0.05. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.11 and a quick ratio of 0.98.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, topping analysts’ consensus estimates of $6.43 by $1.24. Northrop Grumman had a net margin of 9.82% and a return on equity of 25.49%. The firm had revenue of $10.42 billion during the quarter, compared to analyst estimates of $10.68 billion. During the same quarter in the previous year, the business earned $7.00 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. On average, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were paid a dividend of $2.31 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.5%. Northrop Grumman’s payout ratio is 33.24%.

About Northrop Grumman

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.