Key Points
- CEO Kathy Warden sold 20,000 shares of Northrop Grumman at an average price of $708.82 for a total of $14.18 million, reducing her stake by 10.44% to 171,602 shares, according to an SEC filing.
- Strong quarterly results and outlook: Northrop Grumman reported $7.23 EPS and $11.71 billion revenue (up 9.6% YoY), and set FY 2026 guidance of $27.40–$27.90 EPS versus a sell-side consensus around $28.05.
- Dividend and valuation snapshot: The company declared a $2.31 quarterly dividend (annualized $9.24, 1.3% yield, ex-dividend Feb 23), with a market cap of about $97.2 billion and a P/E of 23.52.
Northrop Grumman Corporation (NYSE:NOC - Get Free Report) CEO Kathy Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the sale, the chief executive officer directly owned 171,602 shares in the company, valued at $121,634,929.64. The trade was a 10.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Northrop Grumman Price Performance
NOC stock opened at $685.00 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01. Northrop Grumman Corporation has a 1 year low of $426.24 and a 1 year high of $715.61. The firm has a 50-day moving average of $618.32 and a 200 day moving average of $596.73. The company has a market cap of $97.22 billion, a P/E ratio of 23.52, a PEG ratio of 5.18 and a beta of 0.04.
Northrop Grumman (NYSE:NOC - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating the consensus estimate of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The business had revenue of $11.71 billion for the quarter, compared to analysts' expectations of $11.61 billion. During the same period in the previous year, the firm posted $6.39 EPS. The business's revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, sell-side analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current year.
Northrop Grumman Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 23rd will be paid a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, February 23rd. Northrop Grumman's dividend payout ratio is presently 31.72%.
Institutional Trading of Northrop Grumman
Several institutional investors have recently bought and sold shares of the company. Focused Investors LLC boosted its position in shares of Northrop Grumman by 4.1% during the third quarter. Focused Investors LLC now owns 211,800 shares of the aerospace company's stock valued at $129,054,000 after buying an additional 8,300 shares during the period. Mitchell Mcleod Pugh & Williams Inc. raised its holdings in shares of Northrop Grumman by 29.4% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 1,848 shares of the aerospace company's stock worth $924,000 after buying an additional 420 shares during the period. Merit Financial Group LLC boosted its holdings in Northrop Grumman by 74.5% during the 3rd quarter. Merit Financial Group LLC now owns 11,060 shares of the aerospace company's stock valued at $6,739,000 after acquiring an additional 4,721 shares during the period. Oak Thistle LLC purchased a new position in Northrop Grumman during the 3rd quarter valued at $1,015,000. Finally, Huntleigh Advisors Inc. bought a new position in Northrop Grumman in the 3rd quarter valued at $2,818,000. 83.40% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have commented on NOC shares. BTIG Research boosted their target price on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a "buy" rating in a report on Wednesday, January 28th. Jefferies Financial Group increased their price target on shares of Northrop Grumman from $630.00 to $690.00 and gave the stock a "hold" rating in a research note on Sunday, February 1st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $765.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 29th. Royal Bank Of Canada upped their price objective on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an "outperform" rating in a report on Wednesday, January 28th. Finally, Alembic Global Advisors upgraded shares of Northrop Grumman from a "neutral" rating to an "overweight" rating and set a $662.00 target price for the company in a report on Monday, December 15th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $693.60.
Read Our Latest Stock Report on Northrop Grumman
Northrop Grumman Company Profile
(
Get 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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