New York State Teachers Retirement System Sells 1,158 Shares of Northrop Grumman Corporation $NOC

New York State Teachers Retirement System cut its position in Northrop Grumman Corporation (NYSE:NOC) by 1.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 102,003 shares of the aerospace company’s stock after selling 1,158 shares during the quarter. New York State Teachers Retirement System’s holdings in Northrop Grumman were worth $62,152,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Parvin Asset Management LLC bought a new position in Northrop Grumman in the second quarter worth approximately $25,000. NewSquare Capital LLC raised its position in shares of Northrop Grumman by 75.0% during the second quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 27 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in shares of Northrop Grumman in the 2nd quarter worth $31,000. AlphaQuest LLC increased its stake in Northrop Grumman by 29.2% during the 2nd quarter. AlphaQuest LLC now owns 93 shares of the aerospace company’s stock valued at $46,000 after purchasing an additional 21 shares in the last quarter. Finally, City Holding Co. increased its stake in Northrop Grumman by 138.1% during the 2nd quarter. City Holding Co. now owns 100 shares of the aerospace company’s stock valued at $50,000 after purchasing an additional 58 shares in the last quarter. 83.40% of the stock is owned by institutional investors and hedge funds.

Key Northrop Grumman News

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

• Positive Sentiment: Trump floated a dramatic $1.5 trillion 2027 defense budget, which lifted defense stocks and boosted investor expectations for higher government spending that would benefit large contractors like Northrop. Trump proposes massive increase in 2027 defense spending to $1.5T
• Positive Sentiment: Northrop won a Navy contract (~$94.3M) for solid rocket motors (SSRM), adding near-term revenue and strengthening backlog in propulsion/ordnance. Northrop Grumman wins $94.3 million Navy contract for rocket motors
• Positive Sentiment: Northrop was competitively awarded the Marine Corps CCA work (with Kratos’ Valkyrie UAS) to rapidly develop collaborative combat aircraft — a program win that supports future unmanned/autonomy revenue. Northrop Grumman to Rapidly Develop Marine Corps CCA with Kratos’ Valkyrie UAS
• Positive Sentiment: Northrop launched a digitally enhanced ICBM target vehicle, highlighting product development and tech leadership that can support future DoD awards. Northrop Grumman launches digitally enhanced ICBM target vehicle
• Positive Sentiment: Analysts and research services note Northrop’s strong earnings-surprise history and Zacks/other research highlighting the company as a potential beat ahead of quarterly results, supporting bullish expectations. Will Northrop Grumman (NOC) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Technical indicators (golden cross / rising relative strength) are signaling short-term momentum, which can attract technical buyers ahead of earnings. Northrop Grumman (NOC) Just Flashed Golden Cross Signal
• Neutral Sentiment: Zacks issued small EPS revisions (mixed downgrades/raises) that mostly keep FY2027 outlook stable but add estimate noise near the next report. MarketBeat NOC coverage (Zacks estimates)
• Negative Sentiment: President Trump signed/ordered curbs on buybacks/dividends and signaled caps on executive pay for underperforming contractors — a material policy risk that could limit shareholder returns and triggered selling pressure across the sector. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Northrop’s CEO disclosed recent sales of several thousand shares (Jan. 5–6), which some investors view negatively amid heightened policy scrutiny. SEC Form 4 — Kathy J. Warden
• Negative Sentiment: After Trump’s comments and orders, intraday headlines showed immediate selling pressure on defense names, which weighed on Northrop despite positive contract/news flow. Northrop Grumman Stock Drops After Trump Warns Against Buybacks Over Investment

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, CEO Kathy J. Warden sold 7,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $600.00, for a total value of $4,200,000.00. Following the transaction, the chief executive officer directly owned 194,602 shares in the company, valued at $116,761,200. The trade was a 3.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Welsh III sold 97 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were 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 of the company’s stock, valued at $2,414,826.48. This represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,097 shares of company stock worth $6,099,716 over the last three months. 0.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

NOC has been the subject of a number of analyst reports. BNP Paribas Exane began coverage on shares of Northrop Grumman in a report on Tuesday, November 18th. They set an “outperform” rating and a $710.00 price objective for the company. Morgan Stanley reiterated an “overweight” rating and set a $714.00 price target on shares of Northrop Grumman in a research note on Tuesday, December 16th. Truist Financial reissued a “hold” rating and issued a $623.00 price objective (down from $688.00) on shares of Northrop Grumman in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $700.00 target price on Northrop Grumman and gave the company a “buy” rating in a report on Wednesday, October 8th. Finally, Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 price target for the company in a report on Monday, December 15th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and a consensus target price of $647.35.

Northrop Grumman Price Performance

Northrop Grumman stock opened at $619.31 on Monday. Northrop Grumman Corporation has a 52 week low of $426.24 and a 52 week high of $640.90. The company’s 50 day moving average price is $570.08 and its two-hundred day moving average price is $572.72. The stock has a market cap of $88.39 billion, a P/E ratio of 22.28, a P/E/G ratio of 5.02 and a beta of 0.05. The company has a quick ratio of 0.98, a current ratio of 1.11 and a debt-to-equity ratio of 0.95.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, beating analysts’ consensus estimates of $6.43 by $1.24. The company had revenue of $10.42 billion during the quarter, compared to the consensus estimate of $10.68 billion. Northrop Grumman had a return on equity of 25.49% and a net margin of 9.82%.Northrop Grumman’s revenue was up 4.3% on a year-over-year basis. During the same period last year, the business posted $7.00 earnings per share. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. On average, equities analysts predict that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 1st were paid a dividend of $2.31 per share. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, December 1st. Northrop Grumman’s payout ratio is presently 33.24%.

Northrop Grumman Company 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.