Northrop Grumman Corporation $NOC Shares Acquired by Gables Capital Management Inc.

Gables Capital Management Inc. increased its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 391.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,538 shares of the aerospace company’s stock after purchasing an additional 1,225 shares during the period. Gables Capital Management Inc.’s holdings in Northrop Grumman were worth $783,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Torren Management LLC acquired a new position in Northrop Grumman during the 4th quarter worth approximately $26,000. Karpus Management Inc. acquired a new stake in shares of Northrop Grumman in the 4th quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Northrop Grumman in the fourth quarter valued at approximately $29,000. Perkins Coie Trust Co purchased a new stake in shares of Northrop Grumman in the second quarter valued at approximately $29,000. Finally, Financial Life Planners acquired a new position in Northrop Grumman during the first quarter worth $30,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Up 3.5%

Northrop Grumman stock opened at $589.95 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. The firm has a market capitalization of $83.79 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a fifty-two week low of $479.02 and a fifty-two week high of $774.00. The stock’s fifty day moving average is $540.34 and its two-hundred day moving average is $612.15.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The business had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the company posted $8.15 EPS. The business’s revenue was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Analysts predict that Northrop Grumman Corporation will post 28.97 EPS for the current fiscal year.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman completed a key design review for a major upgrade to the E-2D Hawkeye, a milestone that supports continued execution on the Navy aircraft program and could help underpin future revenue. Northrop Grumman clears design review for major E-2D Hawkeye upgrade
• Positive Sentiment: The company is expanding its military-training capabilities through live, virtual and constructive systems, immersive training and electromagnetic simulation tools. The broader training footprint could diversify growth and benefit from rising demand for complex-mission preparation by U.S. and allied forces. Is Northrop Grumman Expanding Its Presence in Military Training? Zacks military training article
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter sales increased year over year, earnings exceeded estimates and net awards of approximately $20 billion lifted backlog to a record near $105 billion. Management also raised 2026 sales and adjusted-EPS guidance, reinforcing expectations for defense-driven growth. Northrop Grumman gains as investors weigh stronger guidance, backlog, and defense tailwinds
• Neutral Sentiment: Analysts remain generally constructive despite NOC’s underperformance over the past year. However, published price targets vary widely, suggesting uncertainty about execution, cash flow and the timing of major program contributions. Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?
• Negative Sentiment: Investor commentary has highlighted higher capital-spending requirements as a pressure on Northrop Grumman. Increased investment could weigh on near-term free cash flow even as it supports long-term production capacity and program growth. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman

Insiders Place Their Bets

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the completion of the transaction, the director owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on NOC shares. Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a research report on Monday, June 15th. UBS Group upped their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. The Goldman Sachs Group cut their price target on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Jefferies Financial Group reduced 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 note on Friday, June 26th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Northrop Grumman presently has a consensus rating of “Moderate Buy” and a consensus price target of $659.30.

Northrop Grumman Profile

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.