Zacks Research Issues Optimistic Forecast for NOC Earnings

Northrop Grumman Corporation (NYSE:NOC) – Zacks Research lifted their Q2 2027 earnings per share (EPS) estimates for shares of Northrop Grumman in a report released on Tuesday, December 9th. Zacks Research analyst Team now anticipates that the aerospace company will post earnings of $8.16 per share for the quarter, up from their prior forecast of $7.98. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.05 per share.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 earnings per share for the quarter, topping analysts’ consensus estimates of $6.43 by $1.24. The business had revenue of $10.42 billion for the quarter, compared to analyst estimates of $10.68 billion. Northrop Grumman had a return on equity of 25.49% and a net margin of 9.82%.The business’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS.

NOC has been the topic of a number of other reports. Truist Financial upped their target price on shares of Northrop Grumman from $625.00 to $688.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Wall Street Zen raised Northrop Grumman from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. BNP Paribas raised Northrop Grumman to a “strong-buy” rating in a research report on Tuesday, November 18th. Citigroup started coverage on Northrop Grumman in a research note on Thursday. They set a “buy” rating and a $654.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $700.00 price objective on Northrop Grumman and gave the company a “buy” rating in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $650.88.

Northrop Grumman Trading Up 1.7%

NOC stock opened at $569.50 on Friday. Northrop Grumman has a 12 month low of $426.24 and a 12 month high of $640.90. The firm’s 50-day moving average is $580.16 and its 200 day moving average is $559.57. The company has a market capitalization of $81.28 billion, a PE ratio of 20.49, a P/E/G ratio of 4.96 and a beta of 0.05. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.11 and a quick ratio of 0.98.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parvin Asset Management LLC acquired a new position in shares of Northrop Grumman in the 2nd quarter valued at $25,000. Financial Life Planners purchased a new stake in Northrop Grumman during the 3rd quarter valued at about $27,000. Saudi Central Bank acquired a new position in shares of Northrop Grumman in the first quarter valued at about $28,000. Physician Wealth Advisors Inc. raised its stake in shares of Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 32 shares during the last quarter. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of Northrop Grumman during the third quarter worth about $30,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Insider Activity at Northrop Grumman

In related news, Director Mark A. Welsh III sold 97 shares of the business’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $564.08, for a total transaction of $54,715.76. Following the transaction, the director directly owned 4,281 shares in the company, valued at $2,414,826.48. The trade was a 2.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.23% of the company’s stock.

Northrop Grumman Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Monday, December 1st will be given a dividend of $2.31 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.6%. Northrop Grumman’s dividend payout ratio is presently 33.24%.

Northrop Grumman Company Profile

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.