Northrop Grumman Corporation $NOC Holdings Decreased by Sanctuary Advisors LLC

Sanctuary Advisors LLC trimmed its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 5.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 37,958 shares of the aerospace company’s stock after selling 1,999 shares during the period. Sanctuary Advisors LLC’s holdings in Northrop Grumman were worth $25,897,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Torren Management LLC purchased a new stake in shares of Northrop Grumman in the fourth quarter worth approximately $26,000. Karpus Management Inc. acquired a new position in Northrop Grumman in the 4th quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman in the 4th quarter worth approximately $29,000. Motiv8 Investments LLC acquired a new stake in shares of Northrop Grumman during the 4th quarter valued at $30,000. Finally, Financial Life Planners purchased a new position in shares of Northrop Grumman during the 1st quarter valued at $30,000. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman News Roundup

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

• Positive Sentiment: Northrop Grumman broke ground on a new Utah facility tied to the Sentinel ICBM program and other advanced aerospace missions, reinforcing long-term defense spending demand and signaling continued investment in growth. Northrop Grumman Breaks Ground on New Facility to Support Strategic Deterrence and Advanced Aerospace Missions in Utah
• Positive Sentiment: Analysts continue to view Northrop Grumman as a potential earnings beat ahead of its quarterly report, with expectations that the company has the right mix of factors to top estimates. Northrop Grumman (NOC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
• Positive Sentiment: Morgan Stanley included Northrop Grumman in its top defense stock picks, suggesting institutional confidence in the name even as it highlighted broader upside in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
• Neutral Sentiment: Other articles reinforced the idea that defense contractors can benefit from long-term space and missile-defense spending, which supports the sector backdrop for NOC. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
• Neutral Sentiment: There was also coverage about BAE Systems expanding in radar, which highlights competitive activity in adjacent defense markets but does not directly change Northrop Grumman’s near-term outlook. Is BAE Systems Expanding Its Presence in the Radar Market?
• Negative Sentiment: At the same time, analysts trimmed Northrop Grumman’s fair value estimate and lowered price targets, pointing to more cautious expectations for near-term execution and upside. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets

Northrop Grumman Stock Down 0.5%

Northrop Grumman stock opened at $525.96 on Thursday. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 1-year low of $493.84 and a 1-year high of $774.00. The firm’s fifty day simple moving average is $539.25 and its 200-day simple moving average is $624.94. The company has a market capitalization of $74.70 billion, a P/E ratio of 16.46, a P/E/G ratio of 3.58 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) 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 analysts’ expectations of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. Northrop Grumman’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Sell-side analysts forecast that Northrop Grumman Corporation will post 27.95 earnings per share for the current fiscal 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 is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. Northrop Grumman’s dividend payout ratio is currently 30.92%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NOC. Citigroup dropped their price target 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. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. BTIG Research reaffirmed a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a research report on Wednesday, April 22nd. The Goldman Sachs Group cut their price target on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $620.00 price target on shares of Northrop Grumman in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $676.29.

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.