Advyzon Investment Management LLC Acquires New Shares in Northrop Grumman Corporation $NOC

Advyzon Investment Management LLC bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) during the third quarter, Holdings Channel.com reports. The fund bought 797 shares of the aerospace company’s stock, valued at approximately $486,000.

A number of other large investors have also recently made changes to their positions in NOC. Parvin Asset Management LLC bought a new stake in shares of Northrop Grumman during the 2nd quarter valued at $25,000. Physician Wealth Advisors Inc. boosted its stake in Northrop Grumman by 200.0% in the 3rd 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 period. Hopwood Financial Services Inc. purchased a new position in Northrop Grumman during the 3rd quarter valued at about $30,000. NewSquare Capital LLC increased 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 valued at $31,000 after buying an additional 27 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Northrop Grumman during the second quarter valued at about $31,000. 83.40% of the stock is owned by institutional investors.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $722.73 on Friday. The company’s fifty day moving average price is $642.66 and its 200-day moving average price is $603.76. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01. The firm has a market capitalization of $102.57 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 5.37 and a beta of 0.04. Northrop Grumman Corporation has a one year low of $437.83 and a one year high of $745.55.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. The company had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $6.39 EPS. The firm’s revenue was up 9.6% 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 anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd will be issued a $2.31 dividend. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, February 23rd. Northrop Grumman’s dividend payout ratio is presently 31.72%.

Insider Transactions at Northrop Grumman

In other news, Director Mark A. Welsh III sold 97 shares of the stock in a transaction dated 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 approximately $2,414,826.48. This represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michael A. Hardesty sold 147 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at $1,850,774.50. The trade was a 5.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,528 shares of company stock valued at $22,024,120 over the last quarter. 0.23% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NOC. Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research report on Wednesday, December 24th. Morgan Stanley reiterated an “overweight” rating and issued a $765.00 target price on shares of Northrop Grumman in a research note on Wednesday, January 28th. Jefferies Financial Group boosted their price target on shares of Northrop Grumman from $630.00 to $690.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 price target on shares of Northrop Grumman in a report on Thursday, January 29th. Finally, Bank of America lifted their price objective on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $693.60.

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.