Sageworth Trust Co Acquires New Holdings in Northrop Grumman Corporation $NOC

Sageworth Trust Co bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,723 shares of the aerospace company’s stock, valued at approximately $1,176,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NOC. Kestra Investment Management LLC raised its holdings in shares of Northrop Grumman by 4.4% during the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after buying an additional 15 shares during the last quarter. Evolution Wealth Management Inc. grew its holdings in Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after buying an additional 15 shares in the last quarter. Howard Financial Services LTD. grew its holdings in Northrop Grumman by 1.4% in the 4th quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after buying an additional 16 shares in the last quarter. Frank Rimerman Advisors LLC increased its position in Northrop Grumman by 0.8% in the 4th quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock valued at $1,125,000 after acquiring an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC increased its position in Northrop Grumman by 0.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock valued at $2,288,000 after acquiring an additional 16 shares during the period. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman News Roundup

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

• Positive Sentiment: NATO allies plan to acquire up to five Northrop Grumman MQ-4C Triton drones, with Norway, Finland, Germany and Denmark among the participating countries, highlighting new international demand for the company’s surveillance systems. Northrop Grumman (NOC) Wins NATO Backing For Up To Five Triton Drones
• Positive Sentiment: Northrop Grumman was also named as a top pick in billionaire Jeffrey Talpins’ filings, adding investor attention and signaling confidence in the defense contractor’s long-term prospects. Northrop Grumman Corporation (NOC) Is A Top Pick In Billionaire Talpins’ Filings
• Neutral Sentiment: Recent commentary says Northrop Grumman looks fairly priced after its strong multi-year run, suggesting the stock may have less obvious upside from valuation alone even as defense demand remains supportive. Northrop Grumman (NOC) Stock Looks Fairly Priced Following A 62% Run
• Neutral Sentiment: Analyst updates have also pointed to cost and capital spending pressures, which may keep some investors cautious despite the company’s strong defense backlog and contract opportunities. Northrop Grumman (NOC) After Talpins Interest And Cost Concerns, Bargain Or Fairly Valued?
• Negative Sentiment: Some recent coverage suggests Northrop Grumman’s valuation is no longer deeply discounted, which could limit near-term upside if investors focus more on execution and margin pressures than on new contract wins. Northrop Grumman: Trump’s Betting On A More Dangerous World

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on NOC shares. Wall Street Zen lowered Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group lowered their price target on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday, June 26th. BTIG Research restated a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Citigroup cut their price objective on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Finally, Weiss Ratings downgraded shares of Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $688.89.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $544.02 on Thursday. Northrop Grumman Corporation has a 12 month low of $493.84 and a 12 month high of $774.00. The stock has a market cap of $77.27 billion, a price-to-earnings ratio of 17.03, a PEG ratio of 3.74 and a beta of -0.10. The stock’s 50 day moving average price is $542.88 and its 200 day moving average price is $626.56. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The firm had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts anticipate that Northrop Grumman Corporation will post 27.95 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were issued a $2.47 dividend. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. Northrop Grumman’s payout ratio is currently 30.92%.

About Northrop Grumman

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.