Northrop Grumman Corporation $NOC Position Lowered by Trivium Point Advisory LLC

Trivium Point Advisory LLC reduced its position in Northrop Grumman Corporation (NYSE:NOC) by 23.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,357 shares of the aerospace company’s stock after selling 1,326 shares during the quarter. Trivium Point Advisory LLC’s holdings in Northrop Grumman were worth $2,655,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Landing Point Financial Group LLC raised its position in shares of Northrop Grumman by 7.1% during the 3rd quarter. Landing Point Financial Group LLC now owns 1,794 shares of the aerospace company’s stock valued at $1,093,000 after acquiring an additional 119 shares in the last quarter. Accredited Wealth Management LLC boosted its holdings in Northrop Grumman by 1,122.2% in the third quarter. Accredited Wealth Management LLC now owns 550 shares of the aerospace company’s stock worth $335,000 after purchasing an additional 505 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Northrop Grumman by 1,310.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,537 shares of the aerospace company’s stock valued at $936,000 after purchasing an additional 1,428 shares during the last quarter. Erste Asset Management GmbH raised its holdings in shares of Northrop Grumman by 729.9% during the third quarter. Erste Asset Management GmbH now owns 2,000 shares of the aerospace company’s stock worth $1,191,000 after purchasing an additional 1,759 shares during the period. Finally, TIAA Trust National Association lifted its position in shares of Northrop Grumman by 1.1% in the 3rd quarter. TIAA Trust National Association now owns 16,576 shares of the aerospace company’s stock worth $10,100,000 after buying an additional 183 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NYSE NOC opened at $725.81 on Friday. The firm’s 50-day simple moving average is $657.85 and its 200 day simple moving average is $608.30. The stock has a market cap of $103.01 billion, a P/E ratio of 24.92, a P/E/G ratio of 5.28 and a beta of 0.04. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a fifty-two week low of $450.13 and a fifty-two week high of $745.55.

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

Northrop Grumman Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd will be given a dividend of $2.31 per share. The ex-dividend date is Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.3%. Northrop Grumman’s dividend payout ratio (DPR) is 31.72%.

Insider Transactions at Northrop Grumman

In related news, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the transaction, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at $121,634,929.64. The trade was a 10.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the completion of the sale, the director owned 4,203 shares in the company, valued at approximately $2,877,037.56. This trade represents a 2.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,431 shares of company stock valued at $21,969,404 in the last quarter. Company insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NOC shares. UBS Group increased their price objective on shares of Northrop Grumman from $777.00 to $778.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Jefferies Financial Group lifted their target price on Northrop Grumman from $630.00 to $690.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. BTIG Research increased their price target on Northrop Grumman from $680.00 to $815.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Susquehanna restated a “positive” rating and set a $752.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 15th. Finally, Vertical Research reaffirmed a “hold” rating and issued a $688.00 target price on shares of Northrop Grumman in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $693.60.

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.