Realta Investment Advisors Purchases Shares of 1,599 Northrop Grumman Corporation $NOC

Realta Investment Advisors purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,599 shares of the aerospace company’s stock, valued at approximately $1,091,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC raised its position in shares of Northrop Grumman by 4.4% during the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 15 shares in the last quarter. Evolution Wealth Management Inc. lifted its stake in Northrop Grumman by 6.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after purchasing an additional 15 shares during the last quarter. Howard Financial Services LTD. lifted its stake in Northrop Grumman by 1.4% during the fourth quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after purchasing an additional 16 shares during the last quarter. Frank Rimerman Advisors LLC boosted its holdings in Northrop Grumman by 0.8% in the fourth quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock valued at $1,125,000 after purchasing an additional 16 shares in the last quarter. Finally, Capital Advisors Ltd. LLC boosted its holdings in Northrop Grumman by 0.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock valued at $2,288,000 after purchasing an additional 16 shares in the last quarter. 83.40% of the stock is owned by institutional investors and hedge funds.

Northrop Grumman Stock Performance

NYSE NOC opened at $499.84 on Friday. The firm has a market cap of $70.99 billion, a P/E ratio of 15.64, a P/E/G ratio of 3.41 and a beta of -0.12. Northrop Grumman Corporation has a 52-week low of $489.26 and a 52-week high of $774.00. The business’s 50-day moving average price is $556.35 and its 200 day moving average price is $627.73. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84.

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

Northrop Grumman Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were paid a dividend of $2.47 per share. This represents a $9.88 annualized dividend and a dividend yield of 2.0%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is currently 30.92%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NOC shares. Jefferies Financial Group cut their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a report on Friday. Wells Fargo & Company began coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 target price for the company. Citigroup dropped their target price on shares of Northrop Grumman from $742.00 to $628.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. BTIG Research reiterated a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Finally, Morgan Stanley reduced their price target on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $700.53.

Northrop Grumman 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.