Cambria Investment Management L.P. Takes Position in Northrop Grumman Corporation $NOC

Cambria Investment Management L.P. acquired a new position in Northrop Grumman Corporation (NYSE:NOC) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 2,125 shares of the aerospace company’s stock, valued at approximately $1,295,000.

A number of other institutional investors also recently bought and sold shares of NOC. Brighton Jones LLC grew its holdings in Northrop Grumman by 176.3% during the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after purchasing an additional 1,895 shares during the period. Bison Wealth LLC raised its stake in shares of Northrop Grumman by 5.3% in the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock worth $301,000 after buying an additional 32 shares during the period. Woodline Partners LP lifted its position in shares of Northrop Grumman by 367.7% during the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock valued at $1,288,000 after buying an additional 1,978 shares in the last quarter. LSV Asset Management lifted its position in shares of Northrop Grumman by 7,066.7% during the 2nd quarter. LSV Asset Management now owns 21,500 shares of the aerospace company’s stock valued at $10,750,000 after buying an additional 21,200 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Northrop Grumman by 19.2% during the 2nd quarter. Empowered Funds LLC now owns 15,382 shares of the aerospace company’s stock valued at $7,691,000 after acquiring an additional 2,478 shares during the period. 83.40% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on NOC shares. Citigroup increased their target price on shares of Northrop Grumman from $715.00 to $781.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Royal Bank Of Canada upped their price target on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. 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, January 9th. BTIG Research raised their price objective on shares of Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Northrop Grumman in a research note on Wednesday, December 24th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $693.60.

Insider Buying and Selling at Northrop Grumman

In related news, Director Mark A. Welsh III sold 95 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $684.52, for a total value of $65,029.40. Following the completion of the transaction, the director owned 4,203 shares of the company’s stock, valued at approximately $2,877,037.56. This trade represents a 2.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the transaction, the chief executive officer owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This represents a 10.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 32,431 shares of company stock valued at $21,969,404. Corporate insiders own 0.23% of the company’s stock.

Key Northrop Grumman News

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

• Positive Sentiment: Pentagon discussion about adding a second B-21 production line and FY2027 budget signals potential multi-year revenue upside for B-21 prime contractors, which should benefit Northrop as the program’s prime. Pentagon Discussing Second B-21 Production Line
• Positive Sentiment: Reports that the Pentagon may request ~$200B tied to the Iran conflict point to elevated defense spending in 2026–27, a macro tailwind for large defense contractors including NOC. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Northrop says it’s expanding its supplier network to accelerate missile-defense deliveries — an operational move that can improve program throughput and reduce schedule risk on high-profile programs. Northrop Grumman expands supplier network
• Positive Sentiment: Field test activity: Talon IQ conducted a test flight aimed at CCA Increment 2 capabilities — progress on unmanned/controlled-collaborative assets supports future contract opportunities and tech credibility. With an Eye To CCA Increment 2, Talon IQ Conducts Test Flight
• Positive Sentiment: Fundamentals reminder: coverage pieces highlight a large $95.7B backlog and solid recent results (Q4 beat), reinforcing the long-term revenue runway for NOC. Northrop Grumman Is Up 29% in 2026 With a $95.7 Billion Backlog
• Neutral Sentiment: Northrop set its Q1 2026 earnings release and webcast for April 21 (pre-market) — a routine disclosure date that will be a near-term catalyst (guidance and execution will matter). Northrop Grumman Announces Date for First Quarter 2026 Financial Results and Webcast
• Neutral Sentiment: Valuation/coverage pieces note strong YTD share gains and a recent pullback — useful context but not an immediate fundamental driver. A Look At Northrop Grumman (NOC) Valuation
• Neutral Sentiment: MarketWatch notes NOC outperformed peers intraday despite a decline—suggests sector factors, not company-specific news, explained some of the move. Northrop Grumman Corp. stock outperforms competitors
• Negative Sentiment: Competitive pressure: General Dynamics won a $15.38B Navy submarine-support contract — a large program win for a peer that can influence future budget allocation and competitive dynamics. General Dynamics’ Arm Wins a $15.38B Navy Deal
• Negative Sentiment: Program cost growth headlines (e.g., Golden Dome C2 primes and added $10B) may increase scrutiny on program costs and budget trade-offs across missile/space programs that involve prime contractors. Guetlein Names Golden Dome C2 Primes, Adds $10 Billion To Total Cost

Northrop Grumman Price Performance

NYSE:NOC opened at $713.38 on Friday. The business’s 50-day moving average is $701.71 and its 200 day moving average is $623.15. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $774.00. The company has a market capitalization of $101.24 billion, a P/E ratio of 24.49, a P/E/G ratio of 5.38 and a beta of 0.03. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating 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 firm had revenue of $11.71 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the firm posted $6.39 earnings per share. Northrop Grumman’s revenue for the quarter 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 forecast that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were paid 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 of this dividend was Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is presently 31.72%.

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.