Recent Research Analysts’ Ratings Updates for Northrop Grumman (NOC)

Several brokerages have updated their recommendations and price targets on shares of Northrop Grumman (NYSE: NOC) in the last few weeks:

• 7/15/2026 – Northrop Grumman was given a new $745.00 price target by Morgan Stanley.
• 7/14/2026 – Northrop Grumman had its price target lowered by The Goldman Sachs Group, Inc. from $603.00 to $533.00. They now have a “neutral” rating on the stock.
• 7/13/2026 – Northrop Grumman had its price target lowered by TD Cowen from $680.00 to $580.00. They now have a “hold” rating on the stock.
• 7/8/2026 – Northrop Grumman had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $620.00 price target on the stock.
• 7/1/2026 – Northrop Grumman had its price target lowered by Citigroup Inc. from $628.00 to $587.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Northrop Grumman had its price target lowered by Jefferies Financial Group Inc. from $620.00 to $580.00. They now have a “hold” rating on the stock.
• 6/18/2026 – Northrop Grumman was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 6/15/2026 – Northrop Grumman had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 5/29/2026 – Northrop Grumman was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/26/2026 – Northrop Grumman had its price target lowered by Jefferies Financial Group Inc. from $660.00 to $620.00. They now have a “buy” rating on the stock.
• 5/18/2026 – Northrop Grumman had its price target lowered by Citigroup Inc. from $742.00 to $628.00. They now have a “buy” rating on the stock.

Northrop Grumman Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were issued a $2.47 dividend. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s payout ratio is 30.92%.

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.