Northrop Grumman (NYSE:NOC) Price Target Raised to $807.00 at Citigroup

Northrop Grumman (NYSE:NOC) had its price objective lifted by Citigroup from $781.00 to $807.00 in a research report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the aerospace company’s stock.

Several other research analysts have also recently commented on NOC. Wall Street Zen raised Northrop Grumman from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. Morgan Stanley restated an “overweight” rating and issued a $765.00 price objective on shares of Northrop Grumman in a research note on Wednesday, January 28th. Royal Bank Of Canada lifted their target price on shares of Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Alembic Global Advisors raised shares of Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price on the stock in a research note on Monday, December 15th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $727.00 price target on shares of Northrop Grumman in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $708.65.

Northrop Grumman Stock Up 1.0%

NOC stock opened at $703.88 on Thursday. Northrop Grumman has a twelve month low of $450.13 and a twelve month high of $774.00. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The company has a market cap of $99.89 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 5.17 and a beta of 0.04. The business’s 50-day simple moving average is $709.26 and its 200 day simple moving average is $630.60.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The company had revenue of $11.71 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the company earned $6.39 EPS. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, research analysts anticipate that Northrop Grumman will post 28.05 earnings per share for the current year.

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were given a dividend of $2.31 per share. The ex-dividend date was Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.3%. Northrop Grumman’s dividend payout ratio (DPR) is 31.72%.

Insider Activity

In related news, CAO Michael A. Hardesty sold 147 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the sale, the chief accounting officer directly owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This trade represents a 5.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kathy J. Warden sold 20,000 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the sale, the chief executive officer owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This trade represents a 10.44% decrease in their ownership of the stock. 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. Company insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Northrop Grumman

A number of hedge funds have recently added to or reduced their stakes in NOC. Financial Life Planners bought a new stake in shares of Northrop Grumman during the third quarter valued at approximately $27,000. Torren Management LLC acquired a new stake in shares of Northrop Grumman in the 4th quarter valued at $26,000. Karpus Management Inc. acquired a new stake in shares of Northrop Grumman in the 4th quarter valued at $26,000. Physician Wealth Advisors Inc. raised its position in shares of Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 32 shares during the last quarter. Finally, Parvin Asset Management LLC acquired a new position in shares of Northrop Grumman during the second quarter valued at $25,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman News Summary

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

• Positive Sentiment: Citigroup raised its price target on NOC to $807 and kept a “buy” rating, signaling roughly mid‑teens upside from recent levels; this is a material upward revision to street expectations. Article Title
• Positive Sentiment: Wells Fargo initiated/expanded coverage on Northrop Grumman with an overweight / strong‑buy posture and an ~$800 price target, adding institutional analyst support that can boost demand for the stock. Article Title
• Positive Sentiment: Zacks upgraded NOC to “strong‑buy,” adding another favorable independent signal from the sell‑side/independent research community. Article Title
• Positive Sentiment: Product/program tailwinds: Northrop demonstrated an autonomous Lumberjack UAS in an Army exercise and has recent EW (SEWIP Block 3) wins and a Navy contract extension, supporting near‑ and mid‑term revenue/valuation justification for a premium multiple. Article Title Article Title
• Neutral Sentiment: Space program exposure: broader coverage of aerospace/space themes around NASA’s Artemis II highlights additional growth opportunities for prime contractors, a modest positive tailwind but with timing uncertainty. Article Title
• Neutral Sentiment: Supply‑chain/contract ecosystem note: an Oklahoma supplier, Long Wave, tripled headcount on a $350M Navy training systems award — a sign of contract flow into the supplier base but only an indirect benefit to NOC. Article Title
• Negative Sentiment: Political risk: commentary that the U.S. could reconsider NATO commitments and related rhetoric raises headline risk and policy uncertainty for the defense sector, which could cause volatility despite longer‑term budget tailwinds. Article Title

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.