2,654 Shares in Northrop Grumman Corporation $NOC Purchased by Leonteq Securities AG

Leonteq Securities AG purchased a new position in Northrop Grumman Corporation (NYSE:NOCFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,654 shares of the aerospace company’s stock, valued at approximately $1,513,000.

Other hedge funds also recently bought and sold shares of the company. Torren Management LLC bought a new position in Northrop Grumman in the 4th quarter worth about $26,000. Financial Life Planners bought a new position in Northrop Grumman in the 3rd quarter worth about $27,000. Physician Wealth Advisors Inc. boosted its stake in Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 32 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Northrop Grumman in the 4th quarter worth about $29,000. Finally, Hopwood Financial Services Inc. bought a new position in Northrop Grumman in the 3rd quarter worth about $30,000. Institutional investors own 83.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NOC. Royal Bank Of Canada upped their price target on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Argus set a $785.00 price target on shares of Northrop Grumman in a research note on Tuesday, February 10th. Morgan Stanley dropped their price target on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Vertical Research reiterated a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a research note on Tuesday, January 27th. Finally, BTIG Research reiterated a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $704.74.

Check Out Our Latest Stock Analysis on Northrop Grumman

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $551.82 on Friday. Northrop Grumman Corporation has a fifty-two week low of $468.29 and a fifty-two week high of $774.00. The business has a 50-day simple moving average of $640.14 and a two-hundred day simple moving average of $632.93. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The firm has a market cap of $78.38 billion, a price-to-earnings ratio of 17.27, a price-to-earnings-growth ratio of 3.77 and a beta of -0.11.

Northrop Grumman (NYSE:NOCGet Free Report) last issued its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The business had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the previous year, the firm earned $6.06 EPS. Northrop Grumman’s revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts expect that Northrop Grumman Corporation will post 27.93 earnings per share for the current year.

Northrop Grumman Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st will be given a $2.47 dividend. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date of this dividend is Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. Northrop Grumman’s payout ratio is presently 28.92%.

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Northrop Grumman Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Northrop Grumman (NYSE:NOC)

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