Stillwater Wealth Management Group Takes $682,000 Position in Northrop Grumman Corporation $NOC

Stillwater Wealth Management Group purchased a new position in Northrop Grumman Corporation (NYSE:NOC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,120 shares of the aerospace company’s stock, valued at approximately $682,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Financial Services LTD. grew its stake in Northrop Grumman by 1.5% during the third quarter. Howard Financial Services LTD. now owns 1,127 shares of the aerospace company’s stock worth $687,000 after buying an additional 17 shares in the last quarter. West Wealth Group LLC increased its holdings in Northrop Grumman by 4.3% in the 3rd quarter. West Wealth Group LLC now owns 412 shares of the aerospace company’s stock valued at $251,000 after buying an additional 17 shares during the period. Dakota Community Bank & Trust NA raised its position in shares of Northrop Grumman by 6.9% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 278 shares of the aerospace company’s stock valued at $169,000 after buying an additional 18 shares in the last quarter. Chesley Taft & Associates LLC lifted its holdings in shares of Northrop Grumman by 1.3% during the 3rd quarter. Chesley Taft & Associates LLC now owns 1,375 shares of the aerospace company’s stock worth $838,000 after acquiring an additional 18 shares during the period. Finally, Capital Investment Advisors LLC lifted its holdings in shares of Northrop Grumman by 0.9% during the 3rd quarter. Capital Investment Advisors LLC now owns 2,067 shares of the aerospace company’s stock worth $1,259,000 after acquiring an additional 18 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. BTIG Research lifted their price objective on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research note on Wednesday, December 24th. Royal Bank Of Canada raised their target price on Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Jefferies Financial Group lifted their price target on Northrop Grumman from $630.00 to $690.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, Argus set a $785.00 price objective on Northrop Grumman in a research report on Tuesday, February 10th. One research analyst has 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman Stock Performance

Shares of NOC stock opened at $724.82 on Thursday. The firm has a market capitalization of $102.87 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 5.38 and a beta of 0.03. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The business’s 50-day moving average price is $699.26 and its 200-day moving average price is $622.52. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.97 by $0.26. The company had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.39 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were given a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, February 23rd. Northrop Grumman’s dividend payout ratio is 31.72%.

Insider Buying and Selling at Northrop Grumman

In other news, CAO Michael A. Hardesty sold 147 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the transaction, the chief accounting officer owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the completion of the sale, the director directly owned 4,203 shares in the company, valued at approximately $2,877,037.56. This represents a 2.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,431 shares of company stock worth $21,969,404 over the last ninety days. Insiders own 0.23% of the company’s stock.

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.