CoreCap Advisors LLC Buys 947 Shares of Northrop Grumman Corporation $NOC

CoreCap Advisors LLC raised its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 43.8% in the fourth quarter, Holdings Channel reports. The fund owned 3,111 shares of the aerospace company’s stock after acquiring an additional 947 shares during the period. CoreCap Advisors LLC’s holdings in Northrop Grumman were worth $1,774,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Parvin Asset Management LLC bought a new stake in shares of Northrop Grumman in the 2nd quarter worth about $25,000. Financial Life Planners bought a new position in Northrop Grumman during the 3rd quarter valued at about $27,000. Physician Wealth Advisors Inc. boosted its position in Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares in the last quarter. Hopwood Financial Services Inc. acquired a new position in Northrop Grumman in the third quarter valued at about $30,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Northrop Grumman during the second quarter worth about $31,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC stock opened at $679.10 on Friday. Northrop Grumman Corporation has a 1 year low of $450.13 and a 1 year high of $774.00. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The firm’s 50 day moving average is $707.34 and its 200-day moving average is $627.91. The firm has a market capitalization of $96.38 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 5.04 and a beta of 0.03.

Northrop Grumman (NYSE:NOC) last issued its quarterly 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 business had revenue of $11.71 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the business 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. Sell-side analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were paid a $2.31 dividend. This represents a $9.24 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, February 23rd. Northrop Grumman’s dividend payout ratio (DPR) is 31.72%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NOC. TD Cowen reiterated a “hold” rating on shares of Northrop Grumman in a research note on Wednesday, January 28th. Jefferies Financial Group increased their price target on Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a research report on Sunday, February 1st. Bank of America raised their price target on Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 price objective for the company in a research report on Monday, December 15th. Finally, Royal Bank Of Canada boosted their price objective on Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. One equities research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $693.60.

Northrop Grumman News Roundup

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

• Positive Sentiment: Won a $127 million Navy contract to supply supersonic targets — a near-term revenue and backlog boost that reinforces defense spending tailwinds for NOC. Northrop Grumman wins $127 million Navy contract for supersonic targets
• Positive Sentiment: NASA is shifting significant funding toward lunar exploration and has handed major roles to contractors — Northrop is supplying rockets, landers, rovers and power systems, positioning it to capture multi‑billion program spending. Northrop Grumman Moves Closer To Center Of U.S. Lunar Push
• Positive Sentiment: Coverage highlights that the U.S. is directing roughly $20B into lunar efforts to outpace China — another macro tailwind for Northrop’s space business and long‑term revenue visibility. America is About to Spend $20B to Beat China to the Moon
• Positive Sentiment: Technical/AI progress: Talon IQ testbed completed its first partner mission autonomy flight, supporting Northrop’s push into autonomous systems and command/control capabilities that have higher margin potential. Northrop Grumman (NOC) Advances Autonomous Flight Capabilities With Talon IQ
• Positive Sentiment: Retail/media lift: Jim Cramer mentioned NOC as a potential buy, which can drive short-term retail interest and volatility. Northrop Grumman (NOC) Stock Up After Jim Cramer Said It Could Be Bought
• Neutral Sentiment: Upcoming earnings: Analysts expect only marginal EPS growth for the next quarter — results and guidance will be a near-term catalyst. What You Need To Know Ahead of Northrop Grumman’s Earnings Release
• Neutral Sentiment: Defense ecosystem moves (Golden Dome/AI projects and competitors winning Navy work) reshape opportunity sets but are not immediate positives or negatives for NOC — they affect long-term program mix and partner dynamics. Did Golden Dome, AI Autonomy Advances Just Shift Northrop Grumman’s (NOC) Investment Narrative?
• Neutral Sentiment: Competitor wins (e.g., General Dynamics’ Navy support contract) highlight strong defense demand but also competition for program dollars. General Dynamics’ Arm Wins a Navy Deal for Submarine Support
• Negative Sentiment: Critical coverage lists valuation and other risks — with a recent share run and high PEG, some investors may trim positions, pressuring the stock in the near term. 3 Reasons NOC is Risky and 1 Stock to Buy Instead

Insider Transactions at Northrop Grumman

In related news, VP Benjamin R. Davies sold 2,189 shares of Northrop Grumman stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the sale, the vice president directly owned 151 shares in the company, valued at $108,661.11. This trade represents a 93.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Michael A. Hardesty sold 147 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $732.98, for a total value of $107,748.06. Following the sale, the chief accounting officer directly owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This represents a 5.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 32,431 shares of company stock worth $21,969,404. Insiders own 0.23% of the company’s stock.

About Northrop Grumman

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.