Evolve Private Wealth LLC Sells 1,154 Shares of Northrop Grumman Corporation $NOC

Evolve Private Wealth LLC lessened its holdings in Northrop Grumman Corporation (NYSE:NOC) by 61.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 713 shares of the aerospace company’s stock after selling 1,154 shares during the quarter. Evolve Private Wealth LLC’s holdings in Northrop Grumman were worth $363,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Northrop Grumman in the second quarter worth $6,001,616,000. Capital World Investors increased its stake in Northrop Grumman by 39.4% in the fourth quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock valued at $1,958,151,000 after acquiring an additional 970,029 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Northrop Grumman during the second quarter valued at about $376,135,000. J. Stern & Co. LLP raised its position in Northrop Grumman by 56,920.9% during the fourth quarter. J. Stern & Co. LLP now owns 421,955 shares of the aerospace company’s stock valued at $240,603,000 after purchasing an additional 421,215 shares in the last quarter. Finally, Deutsche Bank AG bought a new stake in Northrop Grumman during the second quarter worth about $194,058,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

Northrop Grumman stock opened at $542.70 on Wednesday. The firm has a fifty day simple moving average of $541.38 and a two-hundred day simple moving average of $607.38. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. Northrop Grumman Corporation has a twelve month low of $479.02 and a twelve month high of $774.00. The company has a market capitalization of $77.08 billion, a PE ratio of 17.24, a P/E/G ratio of 3.56 and a beta of -0.11.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.82 by $0.86. The firm had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Research analysts expect that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Northrop Grumman Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be given a dividend of $2.47 per share. This represents a $9.88 annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, August 31st. Northrop Grumman’s dividend payout ratio (DPR) is presently 31.39%.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the transaction, the director directly owned 4,393 shares of the company’s stock, valued at $2,405,299.29. The trade was a 2.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NOC has been the subject of a number of research reports. Weiss Ratings cut Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Robert W. Baird set a $500.00 price objective on Northrop Grumman in a report on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their target price on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. The Goldman Sachs Group cut their target price on 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, Morgan Stanley set a $745.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and an average target price of $661.30.

More Northrop Grumman News

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: CEO Kathy Warden said Northrop expects to win a “decent share” of the potential $1 trillion Golden Dome space-based missile-defense program. A meaningful award could materially expand the company’s backlog and support long-term growth, although no specific contract has been announced. NOC Stock Inches Ahead — Northrop CEO Reportedly Eyes ‘Decent Share’ In Potential $1 Trillion Golden Dome Defense Contracts
• Positive Sentiment: Warden described Northrop as operating on a “wartime footing” and highlighted rising geopolitical tensions, active conflicts and global defense-spending growth. The comments reinforce expectations for sustained demand across missiles, space systems and other strategic-defense programs. Northrop Grumman Is on a Wartime Footing, CEO Says
• Positive Sentiment: A separate interview emphasized Northrop’s work with the Trump administration on Golden Dome and the broader defense-spending cycle, potentially improving the company’s positioning for future U.S. awards. Northrop CEO on Defense Spending, Golden Dome System
• Positive Sentiment: Analyst commentary characterizes Northrop as a strategic defense holding benefiting from missile demand, space investment and broader defense growth. Northrop Grumman: A Strategic Play On Defense Growth And Missile Demand
• Neutral Sentiment: The administration’s $1.55 billion rare-earth initiative could strengthen the domestic defense supply chain and benefit major contractors such as Northrop, but the direct financial impact on NOC is not yet clear. Why Trump’s $1.55 Billion Rare Earth Move Matters for Lockheed Martin, RTX and Northrop Grumman
• Negative Sentiment: Recent comparisons with Lockheed Martin note that both companies benefit from defense demand but compete with different backlogs, growth rates and international exposure. This may limit NOC’s relative appeal, particularly while Golden Dome opportunities remain uncontracted. LMT vs. NOC: Which Defense Stock Offers Better Growth Prospects?

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.