MASTERINVEST Kapitalanlage GmbH Takes Position in Northrop Grumman Corporation $NOC

MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,236 shares of the aerospace company’s stock, valued at approximately $630,000.

A number of other hedge funds have also bought and sold shares of the company. Kestra Investment Management LLC lifted its stake in Northrop Grumman by 4.4% during the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 15 shares during the last quarter. Evolution Wealth Management Inc. raised its holdings in shares of Northrop Grumman by 6.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after purchasing an additional 15 shares during the period. Diversified Portfolios Inc. lifted its position in shares of Northrop Grumman by 0.9% in the 4th quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock worth $1,020,000 after buying an additional 16 shares during the last quarter. South Plains Financial Inc. lifted its position in shares of Northrop Grumman by 1.8% in the 4th quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock worth $511,000 after buying an additional 16 shares during the last quarter. Finally, Tobias Financial Advisors Inc. boosted its holdings in shares of Northrop Grumman by 4.7% in the 4th quarter. Tobias Financial Advisors Inc. now owns 379 shares of the aerospace company’s stock valued at $216,000 after buying an additional 17 shares during the period. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NOC. Sanford C. Bernstein reiterated a “market perform” rating and set a $653.00 price objective on shares of Northrop Grumman in a research note on Wednesday, August 5th. Susquehanna dropped their price target on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price target on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. UBS Group upped their price objective on Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Finally, Weiss Ratings raised Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $661.30.

Northrop Grumman Stock Performance

Shares of NYSE NOC opened at $545.83 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. The stock has a 50 day simple moving average of $542.33 and a 200-day simple moving average of $604.78. The company has a market cap of $77.52 billion, a PE ratio of 17.34, a P/E/G ratio of 3.53 and a beta of -0.11. Northrop Grumman Corporation has a 12-month low of $479.02 and a 12-month high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, beating the consensus estimate 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 firm’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities research analysts forecast that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Northrop Grumman Dividend Announcement

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

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.