Beacon Financial Advisory LLC Increases Stake in Northrop Grumman Corporation $NOC

Beacon Financial Advisory LLC boosted its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 219.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 2,079 shares of the aerospace company’s stock after buying an additional 1,429 shares during the period. Beacon Financial Advisory LLC’s holdings in Northrop Grumman were worth $1,419,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Torren Management LLC acquired a new position in shares of Northrop Grumman in the fourth quarter worth $26,000. Karpus Management Inc. acquired a new position in Northrop Grumman during the 4th quarter worth $26,000. Financial Life Planners acquired a new position in Northrop Grumman during the 3rd quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman during the 4th quarter worth about $29,000. Finally, Motiv8 Investments LLC acquired a new stake in Northrop Grumman in the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Northrop Grumman News Roundup

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

• Positive Sentiment: Northrop Grumman won a roughly $312.34 million contract modification to keep producing Surface Electronic Warfare Improvement Program (SEWIP) Block 3 systems for the U.S. Navy, extending work through August 2029 and reinforcing multi-year revenue visibility. Article Title
• Positive Sentiment: Additional coverage highlighted the award as evidence of strong demand for advanced electronic warfare and mission-critical defense technology, which supports the bullish case for NOC’s order pipeline. Article Title
• Positive Sentiment: Analysts and market commentary also pointed to Northrop Grumman’s recent contract wins in space, propulsion, and missile systems, plus its reaffirmed 2026 outlook and upcoming July 21 earnings date, as reasons investors are rotating into the stock. Article Title

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NOC. Jefferies Financial Group lowered their price objective on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research report on Friday, June 26th. BTIG Research reiterated a “buy” rating and issued a $815.00 price target on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Wells Fargo & Company started coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 price target for the company. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research report on Monday, June 15th. Finally, Weiss Ratings lowered shares of Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman presently has an average rating of “Moderate Buy” and a consensus target price of $698.37.

Northrop Grumman Stock Performance

Shares of NOC opened at $547.81 on Friday. The company has a market capitalization of $77.81 billion, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 3.74 and a beta of -0.10. Northrop Grumman Corporation has a 52-week low of $493.84 and a 52-week high of $774.00. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The stock has a 50 day moving average price of $544.85 and a 200 day moving average price of $626.56.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The company had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Research analysts predict that Northrop Grumman Corporation will post 27.95 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

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

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.