Northrop Grumman Corporation $NOC Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC raised its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,397 shares of the aerospace company’s stock after acquiring an additional 1,940 shares during the quarter. Natixis Advisors LLC’s holdings in Northrop Grumman were worth $48,124,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in NOC. Jennison Associates LLC raised its holdings in shares of Northrop Grumman by 272.8% during the fourth quarter. Jennison Associates LLC now owns 401,664 shares of the aerospace company’s stock valued at $229,033,000 after acquiring an additional 293,909 shares during the last quarter. Holocene Advisors LP acquired a new position in shares of Northrop Grumman during the third quarter valued at approximately $137,280,000. Vanguard Group Inc. raised its holdings in shares of Northrop Grumman by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock valued at $7,835,097,000 after acquiring an additional 209,135 shares during the last quarter. M&T Bank Corp raised its holdings in shares of Northrop Grumman by 1,086.5% during the fourth quarter. M&T Bank Corp now owns 192,583 shares of the aerospace company’s stock valued at $109,813,000 after acquiring an additional 176,352 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Northrop Grumman by 7,202.7% during the fourth quarter. SG Americas Securities LLC now owns 167,232 shares of the aerospace company’s stock valued at $95,357,000 after acquiring an additional 164,942 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Morgan Stanley cut their price target on Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Argus set a $785.00 price target on Northrop Grumman in a report on Tuesday, February 10th. Wells Fargo & Company assumed coverage on Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price target for the company. UBS Group cut their price target on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Jefferies Financial Group cut their price target on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $702.63.

Northrop Grumman Price Performance

NYSE:NOC opened at $527.19 on Thursday. The stock has a market cap of $74.88 billion, a PE ratio of 16.50, a P/E/G ratio of 3.66 and a beta of -0.12. Northrop Grumman Corporation has a one year low of $472.02 and a one year high of $774.00. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The stock has a 50 day moving average price of $609.30 and a 200 day moving average price of $631.77.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $6.06 by $0.08. The company had revenue of $9.88 billion during the quarter, compared to analyst estimates 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 business posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts expect that Northrop Grumman Corporation will post 27.93 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be given a $2.47 dividend. The ex-dividend date is Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a yield of 1.9%. Northrop Grumman’s dividend payout ratio (DPR) 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.