Northrop Grumman (NYSE:NOC) Stock Price Expected to Rise, UBS Group Analyst Says

Northrop Grumman (NYSE:NOCGet Free Report) had its price objective boosted by stock analysts at UBS Group from $666.00 to $685.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. UBS Group’s price target indicates a potential upside of 28.73% from the stock’s current price.

Several other research firms also recently issued reports on NOC. Raymond James Financial reaffirmed an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. BTIG Research reissued a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Weiss Ratings downgraded Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Robert W. Baird set a $500.00 target price on Northrop Grumman in a research report on Wednesday. Finally, Susquehanna cut their price target on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research note on Wednesday. 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $655.24.

View Our Latest Research Report on NOC

Northrop Grumman Stock Performance

Northrop Grumman stock opened at $532.14 on Wednesday. The firm has a market capitalization of $75.58 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 3.47 and a beta of -0.10. Northrop Grumman has a one year low of $479.02 and a one year high of $774.00. The stock’s 50 day moving average price is $535.78 and its 200 day moving average price is $622.66. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.04 and a current ratio of 1.17.

Northrop Grumman (NYSE:NOCGet Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The company had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter last year, the company earned $8.15 earnings per share. Northrop Grumman’s revenue for the quarter was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, sell-side analysts expect that Northrop Grumman will post 28.62 EPS for the current fiscal year.

Institutional Trading of Northrop Grumman

Several hedge funds and other institutional investors have recently bought and sold shares of NOC. Kestra Investment Management LLC raised its position in Northrop Grumman by 4.4% during the 4th quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 15 shares during the last quarter. Evolution Wealth Management Inc. grew its position in shares of Northrop Grumman by 6.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock valued at $134,000 after buying an additional 15 shares during the last quarter. Howard Financial Services LTD. grew its position in shares of Northrop Grumman by 1.4% in the 4th quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock valued at $651,000 after buying an additional 16 shares during the last quarter. Frank Rimerman Advisors LLC increased its stake in shares of Northrop Grumman by 0.8% in the fourth quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock valued at $1,125,000 after buying an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC increased its stake in shares of Northrop Grumman by 0.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock valued at $2,288,000 after buying an additional 16 shares during the period. 83.40% of the stock is owned by institutional investors.

Key Northrop Grumman News

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Northrop Grumman Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Northrop Grumman (NYSE:NOC)

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