1,133 Shares in Northrop Grumman Corporation $NOC Purchased by Trust Co. of Vermont

Trust Co. of Vermont purchased a new stake in Northrop Grumman Corporation (NYSE:NOCFree 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:

Analysts Set New Price Targets

NOC has been the subject of a number of analyst reports. BTIG Research reaffirmed a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a report on Wednesday, April 22nd. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 15th. The Goldman Sachs Group cut their price target on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Finally, Robert W. Baird set a $500.00 price objective on Northrop Grumman in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average price target of $659.30.

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:NOCGet 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

(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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