Northrop Grumman Corporation $NOC Stock: Curated Wealth Partners LLC Decreases Holdings

Curated Wealth Partners LLC trimmed its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 99.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,045 shares of the aerospace company’s stock after selling 172,544 shares during the quarter. Curated Wealth Partners LLC’s holdings in Northrop Grumman were worth $505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Life Planners bought a new position in Northrop Grumman during the 1st quarter worth approximately $30,000. Whipplewood Advisors LLC lifted its position in shares of Northrop Grumman by 380.0% in the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 38 shares during the period. Perkins Coie Trust Co bought a new stake in shares of Northrop Grumman in the 2nd quarter valued at $29,000. Plato Investment Management Ltd bought a new stake in shares of Northrop Grumman in the 2nd quarter valued at $30,000. Finally, Phillip James Consulting Co. acquired a new stake in shares of Northrop Grumman during the fourth quarter worth $34,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark 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 directly owned 4,393 shares in the company, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. TD Cowen dropped their target price on shares of Northrop Grumman from $590.00 to $540.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Barclays assumed coverage on shares of Northrop Grumman in a research report on Thursday, October 8th. They set an “underweight” rating and a $419.00 price target on the stock. UBS Group lifted their price objective on Northrop Grumman from $685.00 to $704.00 and gave the stock a “buy” rating in a research report on Tuesday, September 8th. Finally, Weiss Ratings raised Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus target price of $641.91.

Northrop Grumman Stock Up 4.1%

Shares of NYSE NOC opened at $519.98 on Friday. The firm has a market cap of $73.85 billion, a PE ratio of 16.52, a P/E/G ratio of 2.93 and a beta of -0.11. Northrop Grumman Corporation has a 12-month low of $470.06 and a 12-month high of $774.00. The company’s fifty day simple moving average is $525.17 and its 200 day simple moving average is $553.31. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The firm had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the previous year, the firm posted $8.15 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, sell-side analysts forecast that Northrop Grumman Corporation will post 28.96 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st were paid a $2.47 dividend. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, August 31st. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense and other government agencies representing its primary markets. Its work spans advanced aircraft, autonomous systems, space systems, missile defense, command and control, cybersecurity, and other mission-critical technologies.

The company’s offerings include strategic and tactical aircraft, unmanned aerial vehicles, aircraft systems, satellites, spacecraft, launch vehicles, missile-warning and missile-defense systems, secure communications, and cyber and information systems.