Northrop Grumman (NYSE:NOC) Sets New 1-Year Low – Here’s What Happened

Northrop Grumman Corporation (NYSE:NOC)’s stock price hit a new 52-week low on Tuesday . The company traded as low as $479.02 and last traded at $508.87, with a volume of 335495 shares trading hands. The stock had previously closed at $523.96.

More Northrop Grumman News

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

• Positive Sentiment: Northrop Grumman delivered a Q2 double beat, topping estimates for both EPS and revenue. Northrop Grumman (NOC) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its full-year 2026 EPS and revenue guidance, signaling management confidence in continued demand. Northrop Grumman raises 2026 forecasts on strong weapons demand
• Positive Sentiment: Record backlog of about $105 billion supports long-term revenue visibility and suggests sustained defense spending demand. Northrop Grumman raises 2026 outlook as backlog hits record 105B
• Neutral Sentiment: Despite the strong quarter, the stock is trading lower, suggesting investors may be taking profits or waiting for more evidence of accelerating growth.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on NOC shares. UBS Group decreased their price objective on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Citigroup cut their target price on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. BTIG Research reissued a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Wells Fargo & Company reissued an “overweight” rating and issued a $620.00 price target on shares of Northrop Grumman in a report on Wednesday, July 8th. Finally, Jefferies Financial Group lowered their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and a consensus price target of $676.29.

Northrop Grumman Stock Performance

The stock has a fifty day simple moving average of $537.61 and a 200-day simple moving average of $623.79. The stock has a market cap of $72.14 billion, a P/E ratio of 15.96, a PEG ratio of 3.53 and a beta of -0.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, beating analysts’ consensus estimates of $6.84 by $0.84. The company had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities analysts expect that Northrop Grumman Corporation will post 27.95 earnings per share for the current year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were paid a $2.47 dividend. This represents a $9.88 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio (DPR) is presently 30.92%.

Hedge Funds Weigh In On Northrop Grumman

Several hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Northrop Grumman by 176.3% in the 4th quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after buying an additional 1,895 shares during the last quarter. Bison Wealth LLC grew its holdings in shares of Northrop Grumman by 5.3% in the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after acquiring an additional 32 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Northrop Grumman by 367.7% in the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock valued at $1,288,000 after acquiring an additional 1,978 shares in the last quarter. AXA S.A. increased its position in shares of Northrop Grumman by 1,487.8% in the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock valued at $8,169,000 after acquiring an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Northrop Grumman by 6.7% in the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock valued at $4,432,000 after acquiring an additional 553 shares during the last quarter. 83.40% of the stock is owned by institutional investors.

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.