Themes Management Co LLC Purchases New Holdings in Northrop Grumman Corporation $NOC

Themes Management Co LLC acquired a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,214 shares of the aerospace company’s stock, valued at approximately $2,403,000. Northrop Grumman accounts for 1.8% of Themes Management Co LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds have also recently bought and sold shares of NOC. Torren Management LLC acquired a new position in Northrop Grumman during the fourth quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in shares of Northrop Grumman in the 3rd quarter valued at $27,000. Physician Wealth Advisors Inc. increased its stake in shares of 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 purchasing an additional 32 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Northrop Grumman in the 4th quarter valued at $29,000. Finally, Hopwood Financial Services Inc. acquired a new position in shares of Northrop Grumman during the 3rd quarter worth $30,000. 83.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NOC shares. Royal Bank Of Canada lifted their target price on Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. UBS Group lowered their price objective on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Vertical Research restated a “hold” rating and issued a $688.00 target price on shares of Northrop Grumman in a research report on Tuesday, January 27th. BTIG Research reiterated a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a report on Wednesday, April 22nd. Finally, Bank of America raised their price objective on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus price target of $704.74.

Northrop Grumman Trading Up 0.1%

Shares of NYSE NOC opened at $556.01 on Tuesday. The firm has a 50 day moving average price of $633.00 and a two-hundred day moving average price of $632.65. The stock has a market cap of $78.97 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a 52-week low of $468.29 and a 52-week high of $774.00. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The company had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. Northrop Grumman’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities analysts forecast that Northrop Grumman Corporation will post 27.93 EPS 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 issued a $2.47 dividend. The ex-dividend date is Monday, June 1st. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. Northrop Grumman’s dividend payout ratio is presently 28.92%.

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.