TD Cowen Lowers Northrop Grumman (NYSE:NOC) Price Target to $550.00

Northrop Grumman (NYSE:NOC) had its price target decreased by equities research analysts at TD Cowen from $580.00 to $550.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the aerospace company’s stock. TD Cowen’s target price would indicate a potential upside of 3.36% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. UBS Group raised their target price on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday. Jefferies Financial Group dropped their price target on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research report on Friday, June 26th. Citigroup reduced their price objective on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. BTIG Research restated a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Finally, Susquehanna lowered their target price on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Northrop Grumman has a consensus rating of “Moderate Buy” and a consensus price target of $655.24.

Northrop Grumman Stock Performance

NOC opened at $532.14 on Wednesday. The company’s 50 day moving average is $535.78 and its 200 day moving average is $622.66. The company has a current ratio of 1.17, a quick ratio of 1.04 and a debt-to-equity ratio of 0.81. The company has a market cap of $75.58 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 3.47 and a beta of -0.10. Northrop Grumman has a 12-month low of $479.02 and a 12-month high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping the consensus estimate of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The firm had revenue of $10.88 billion for 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. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities research analysts predict that Northrop Grumman will post 28.62 EPS for the current year.

Institutional Investors Weigh In On Northrop Grumman

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of Northrop Grumman by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after acquiring an additional 209,135 shares during the last quarter. Capital World Investors increased its holdings in Northrop Grumman by 39.4% in the 4th quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock valued at $1,958,151,000 after acquiring an additional 970,029 shares during the last quarter. Geode Capital Management LLC increased its holdings in Northrop Grumman by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock valued at $1,793,478,000 after acquiring an additional 17,948 shares during the last quarter. Franklin Resources Inc. lifted its stake in Northrop Grumman by 4.3% in the 4th quarter. Franklin Resources Inc. now owns 3,125,139 shares of the aerospace company’s stock worth $1,781,986,000 after purchasing an additional 128,855 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Northrop Grumman by 3.9% during the 4th quarter. Invesco Ltd. now owns 1,666,517 shares of the aerospace company’s stock valued at $950,265,000 after purchasing an additional 62,817 shares during the last quarter. 83.40% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman’s Q2 results beat estimates, revenue topped expectations, and management raised 2026 guidance, which suggests improving operating momentum and better visibility into future earnings. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: The company’s record backlog, strong bookings, and program momentum could support faster growth in the second half of the year. NOC Q2 Earnings Call Signals Faster Growth in H2’26
• Positive Sentiment: Northrop’s Mission Robotic Vehicle launch highlights new space-service opportunities and reinforces the company’s position in high-profile space systems. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027
• Positive Sentiment: UBS raised its price target and kept a buy rating, signaling Wall Street still sees meaningful upside despite recent volatility. UBS Sticks to Its Buy Rating for Northrop Grumman (NOC)
• Neutral Sentiment: JPMorgan lowered its price target to $600 and kept a neutral rating, reflecting a more cautious near-term view but still implying upside from current levels. Northrop Grumman price target lowered by JPMorgan Chase & Co.
• Neutral Sentiment: Some recent commentary asks whether Northrop can keep converting backlog into sustained growth, suggesting investors may want more proof that recent strength is durable. Can Northrop Grumman (NYSE:NOC) Turn Backlog Into Momentum?
• Negative Sentiment: Recent articles also note that Northrop shares have been under pressure and have lagged this year, which may be limiting enthusiasm even after the earnings beat. Northrop Grumman (NOC) Stock May Be A Bargain Following Raised Outlook

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.