Northrop Grumman Corporation $NOC Shares Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC increased its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,157 shares of the aerospace company’s stock after purchasing an additional 1,059 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Northrop Grumman were worth $28,030,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Torren Management LLC purchased a new position in Northrop Grumman in the fourth quarter worth $26,000. Karpus Management Inc. purchased a new position in Northrop Grumman in the fourth quarter worth $26,000. Financial Life Planners purchased a new position in Northrop Grumman in the third quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Northrop Grumman in the fourth quarter worth $29,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in Northrop Grumman in the third quarter worth $32,000. 83.40% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NOC. UBS Group cut their price objective on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Jefferies Financial Group cut their price objective on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Morgan Stanley cut their price objective on Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Weiss Ratings cut Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $702.63.

Northrop Grumman Trading Down 0.6%

Shares of NOC stock opened at $549.42 on Friday. Northrop Grumman Corporation has a fifty-two week low of $481.28 and a fifty-two week high of $774.00. The stock has a market cap of $78.03 billion, a P/E ratio of 17.20, a P/E/G ratio of 3.75 and a beta of -0.12. The business has a fifty day simple moving average of $589.86 and a 200-day simple moving average of $630.38. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The firm had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, analysts forecast that Northrop Grumman Corporation will post 27.93 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be given a dividend of $2.47 per share. The ex-dividend date is Monday, June 1st. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio (DPR) is 30.92%.

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.