Krilogy Financial LLC Acquires Shares of 1,076 Northrop Grumman Corporation $NOC

Krilogy Financial LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,076 shares of the aerospace company’s stock, valued at approximately $614,000.

Several other hedge funds and other institutional investors have also modified their holdings of NOC. Physician Wealth Advisors Inc. raised its holdings in Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 32 shares during the period. Parvin Asset Management LLC acquired a new position in shares of Northrop Grumman in the second quarter valued at approximately $25,000. Hopwood Financial Services Inc. bought a new position in shares of Northrop Grumman during the third quarter worth approximately $30,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Northrop Grumman during the 2nd quarter worth approximately $31,000. Finally, NewSquare Capital LLC boosted its stake in Northrop Grumman by 75.0% in the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 27 shares during the period. Institutional investors own 83.40% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on NOC shares. Susquehanna reissued a “positive” rating and set a $752.00 target price on shares of Northrop Grumman in a report on Thursday, January 15th. Bank of America lifted their price objective on shares of Northrop Grumman from $685.00 to $750.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. Morgan Stanley reiterated an “overweight” rating and issued a $765.00 price target on shares of Northrop Grumman in a research report on Wednesday, January 28th. Finally, BNP Paribas Exane started coverage on Northrop Grumman in a research report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $693.60.

Insider Transactions at Northrop Grumman

In other news, Director Mark A. Welsh III sold 97 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $564.08, for a total value of $54,715.76. Following the sale, the director directly owned 4,281 shares in the company, valued at approximately $2,414,826.48. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the sale, the chief executive officer directly owned 171,602 shares in the company, valued at $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 30,192 shares of company stock valued at $20,341,145 in the last three months. Company insiders own 0.23% of the company’s stock.

Northrop Grumman Stock Performance

Shares of NYSE:NOC opened at $702.20 on Friday. Northrop Grumman Corporation has a 1 year low of $426.24 and a 1 year high of $715.61. The stock has a market capitalization of $99.66 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 5.22 and a beta of 0.04. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01. The company’s 50 day simple moving average is $626.71 and its 200 day simple moving average is $599.09.

Northrop Grumman (NYSE:NOC) last issued its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm had revenue of $11.71 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the business posted $6.39 EPS. The company’s revenue was up 9.6% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, research analysts predict that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd will be given a $2.31 dividend. This represents a $9.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, February 23rd. Northrop Grumman’s payout ratio is currently 31.72%.

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.