82,596 Shares in Northrop Grumman Corporation $NOC Bought by Life Cycle Investment Partners Ltd

Life Cycle Investment Partners Ltd acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 82,596 shares of the aerospace company’s stock, valued at approximately $47,097,000. Life Cycle Investment Partners Ltd owned 0.06% of Northrop Grumman as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Torren Management LLC acquired a new stake in Northrop Grumman in the fourth quarter valued at about $26,000. Financial Life Planners purchased a new stake in Northrop Grumman in the 3rd quarter valued at approximately $27,000. Physician Wealth Advisors Inc. increased its position in Northrop Grumman by 200.0% during 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 during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Northrop Grumman during the 4th quarter worth approximately $29,000. Finally, Hopwood Financial Services Inc. purchased a new position in shares of Northrop Grumman during the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on NOC shares. Morgan Stanley reduced their price target on Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. BTIG Research reissued a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a report on Wednesday, April 22nd. Royal Bank Of Canada raised their price target on Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, Argus set a $785.00 price target on Northrop Grumman in a report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $704.74.

Northrop Grumman Stock Performance

NOC opened at $556.01 on Friday. The stock has a market cap of $78.97 billion, a P/E ratio of 17.40, a P/E/G ratio of 3.79 and a beta of -0.11. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04. The stock’s 50 day simple moving average is $636.59 and its 200 day simple moving average is $632.39. Northrop Grumman Corporation has a 1-year low of $468.29 and a 1-year high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly 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. The business had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities analysts anticipate that Northrop Grumman Corporation will post 27.93 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be issued a $2.47 dividend. The ex-dividend date is Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s payout ratio is currently 28.92%.

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.