Trust Co. of Vermont purchased a new stake in Northrop Grumman Corporation (NYSE:NOC – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,133 shares of the aerospace company’s stock, valued at approximately $577,000.
A number of other hedge funds also recently modified their holdings of the company. Principle Wealth Partners LLC acquired a new position in shares of Northrop Grumman in the second quarter valued at $1,106,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Northrop Grumman during the second quarter worth $180,057,000. Beverly Hills Private Wealth LLC acquired a new stake in Northrop Grumman during the second quarter worth $268,000. OneDigital Investment Advisors LLC acquired a new stake in Northrop Grumman during the second quarter worth $1,232,000. Finally, Plato Investment Management Ltd bought a new stake in Northrop Grumman in the 2nd quarter valued at $30,000. Institutional investors own 83.40% of the company’s stock.
Key Headlines Impacting Northrop Grumman
Here are the key news stories impacting Northrop Grumman this week:
- Positive Sentiment: Northrop Grumman completed a key design review for a major upgrade to the E-2D Hawkeye, a milestone that supports continued execution on the Navy aircraft program and could help underpin future revenue. Northrop Grumman clears design review for major E-2D Hawkeye upgrade
- Positive Sentiment: The company is expanding its military-training capabilities through live, virtual and constructive systems, immersive training and electromagnetic simulation tools. The broader training footprint could diversify growth and benefit from rising demand for complex-mission preparation by U.S. and allied forces. Is Northrop Grumman Expanding Its Presence in Military Training? Zacks military training article
- Positive Sentiment: Recent operating momentum remains supportive: second-quarter sales increased year over year, earnings exceeded estimates and net awards of approximately $20 billion lifted backlog to a record near $105 billion. Management also raised 2026 sales and adjusted-EPS guidance, reinforcing expectations for defense-driven growth. Northrop Grumman gains as investors weigh stronger guidance, backlog, and defense tailwinds
- Neutral Sentiment: Analysts remain generally constructive despite NOC’s underperformance over the past year. However, published price targets vary widely, suggesting uncertainty about execution, cash flow and the timing of major program contributions. Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?
- Negative Sentiment: Investor commentary has highlighted higher capital-spending requirements as a pressure on Northrop Grumman. Increased investment could weigh on near-term free cash flow even as it supports long-term production capacity and program growth. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman
Analysts Set New Price Targets
Check Out Our Latest Report on Northrop Grumman
Insider Activity
In other news, Director Mark A. Welsh III sold 95 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director directly owned 4,393 shares of the company’s stock, valued at $2,405,299.29. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.
Northrop Grumman Price Performance
Northrop Grumman stock opened at $589.95 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. The firm has a market cap of $83.79 billion, a P/E ratio of 18.74, a P/E/G ratio of 3.79 and a beta of -0.11. The business’s fifty day moving average is $540.34 and its two-hundred day moving average is $612.15. Northrop Grumman Corporation has a 52 week low of $479.02 and a 52 week high of $774.00.
Northrop Grumman (NYSE:NOC – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.82 by $0.86. The business had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Equities research analysts forecast that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.
Northrop Grumman Company 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.
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