Zacks Research Issues Optimistic Estimate for NOC Earnings

Northrop Grumman Corporation (NYSE:NOC) – Stock analysts at Zacks Research lifted their Q2 2026 EPS estimates for Northrop Grumman in a report released on Friday, December 26th. Zacks Research analyst Team now forecasts that the aerospace company will post earnings per share of $6.84 for the quarter, up from their previous estimate of $6.75. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.05 per share. Zacks Research also issued estimates for Northrop Grumman’s Q3 2026 earnings at $7.16 EPS, Q1 2027 earnings at $5.65 EPS and Q2 2027 earnings at $8.25 EPS.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, beating the consensus estimate of $6.43 by $1.24. Northrop Grumman had a return on equity of 25.49% and a net margin of 9.82%.The business had revenue of $10.42 billion for the quarter, compared to the consensus estimate of $10.68 billion. During the same period in the previous year, the business earned $7.00 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS.

A number of other research analysts also recently commented on NOC. BNP Paribas Exane assumed coverage on shares of Northrop Grumman in a research report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 target price on the stock. Truist Financial boosted their price target on Northrop Grumman from $625.00 to $688.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. UBS Group raised their target price on shares of Northrop Grumman to $770.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Sanford C. Bernstein set a $696.00 price target on Northrop Grumman in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. lifted their price target on Northrop Grumman from $575.00 to $640.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $651.18.

Northrop Grumman Trading Up 0.1%

Shares of NOC opened at $578.05 on Monday. The company has a current ratio of 1.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.95. The company has a market cap of $82.50 billion, a P/E ratio of 20.79, a P/E/G ratio of 4.97 and a beta of 0.05. Northrop Grumman has a twelve month low of $426.24 and a twelve month high of $640.90. The company’s fifty day simple moving average is $570.82 and its 200-day simple moving average is $566.85.

Institutional Investors Weigh In On Northrop Grumman

Several hedge funds have recently made changes to their positions in the business. Financial Life Planners purchased a new position in shares of Northrop Grumman in the 3rd quarter worth about $27,000. Physician Wealth Advisors Inc. increased its holdings in shares of Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 32 shares during the last quarter. Parvin Asset Management LLC acquired a new stake in shares of Northrop Grumman during the second quarter worth $25,000. Hopwood Financial Services Inc. acquired a new stake in Northrop Grumman during the third quarter worth about $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Northrop Grumman in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Insider Activity at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 97 shares of Northrop Grumman stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $564.08, for a total value of $54,715.76. Following the sale, the director owned 4,281 shares of the company’s stock, valued at approximately $2,414,826.48. The trade was a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is owned by company insiders.

Northrop Grumman Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 1st were issued a dividend of $2.31 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.6%. Northrop Grumman’s dividend payout ratio (DPR) is currently 33.24%.

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.