Nordea Investment Management AB Invests $1.99 Million in Northrop Grumman Corporation $NOC

Nordea Investment Management AB purchased a new position in Northrop Grumman Corporation (NYSE:NOC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,464 shares of the aerospace company’s stock, valued at approximately $1,987,000.

Several other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Northrop Grumman by 176.3% in the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after purchasing an additional 1,895 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Northrop Grumman by 5.3% during the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock worth $301,000 after buying an additional 32 shares during the last quarter. Woodline Partners LP boosted its position in shares of Northrop Grumman by 367.7% in the 1st quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after buying an additional 1,978 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Northrop Grumman by 26.5% in the 2nd quarter. American Century Companies Inc. now owns 12,624 shares of the aerospace company’s stock worth $6,312,000 after buying an additional 2,644 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Northrop Grumman in the 2nd quarter valued at about $740,000. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman Stock Down 1.9%

Shares of NYSE NOC opened at $679.10 on Friday. The firm has a market cap of $96.38 billion, a P/E ratio of 23.31, a price-to-earnings-growth ratio of 5.04 and a beta of 0.03. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.10. Northrop Grumman Corporation has a 1 year low of $450.13 and a 1 year high of $774.00. The firm’s 50 day moving average price is $707.34 and its 200 day moving average price is $627.91.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm posted $6.39 EPS. Northrop Grumman’s 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. As a group, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.05 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The firm 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 annualized dividend and a yield of 1.4%. Northrop Grumman’s dividend payout ratio is 31.72%.

Analysts Set New Price Targets

Several research firms have weighed in on NOC. TD Cowen restated a “hold” rating on shares of Northrop Grumman in a report on Wednesday, January 28th. BTIG Research raised their price objective on shares of Northrop Grumman from $680.00 to $815.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Bank of America lifted their price objective on Northrop Grumman from $685.00 to $750.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 target price on shares of Northrop Grumman in a research note on Thursday, January 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $693.60.

Insiders Place Their Bets

In other news, CEO Kathy J. Warden sold 20,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the transaction, the chief executive officer directly owned 171,602 shares in the company, valued at $121,634,929.64. This represents a 10.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Michael A. Hardesty sold 147 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the transaction, the chief accounting officer owned 2,525 shares in the company, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 32,431 shares of company stock valued at $21,969,404. 0.23% of the stock is owned by corporate insiders.

Key Northrop Grumman News

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

• Positive Sentiment: Won a $127 million Navy contract to supply supersonic targets — a near-term revenue and backlog boost that reinforces defense spending tailwinds for NOC. Northrop Grumman wins $127 million Navy contract for supersonic targets
• Positive Sentiment: NASA is shifting significant funding toward lunar exploration and has handed major roles to contractors — Northrop is supplying rockets, landers, rovers and power systems, positioning it to capture multi‑billion program spending. Northrop Grumman Moves Closer To Center Of U.S. Lunar Push
• Positive Sentiment: Coverage highlights that the U.S. is directing roughly $20B into lunar efforts to outpace China — another macro tailwind for Northrop’s space business and long‑term revenue visibility. America is About to Spend $20B to Beat China to the Moon
• Positive Sentiment: Technical/AI progress: Talon IQ testbed completed its first partner mission autonomy flight, supporting Northrop’s push into autonomous systems and command/control capabilities that have higher margin potential. Northrop Grumman (NOC) Advances Autonomous Flight Capabilities With Talon IQ
• Positive Sentiment: Retail/media lift: Jim Cramer mentioned NOC as a potential buy, which can drive short-term retail interest and volatility. Northrop Grumman (NOC) Stock Up After Jim Cramer Said It Could Be Bought
• Neutral Sentiment: Upcoming earnings: Analysts expect only marginal EPS growth for the next quarter — results and guidance will be a near-term catalyst. What You Need To Know Ahead of Northrop Grumman’s Earnings Release
• Neutral Sentiment: Defense ecosystem moves (Golden Dome/AI projects and competitors winning Navy work) reshape opportunity sets but are not immediate positives or negatives for NOC — they affect long-term program mix and partner dynamics. Did Golden Dome, AI Autonomy Advances Just Shift Northrop Grumman’s (NOC) Investment Narrative?
• Neutral Sentiment: Competitor wins (e.g., General Dynamics’ Navy support contract) highlight strong defense demand but also competition for program dollars. General Dynamics’ Arm Wins a Navy Deal for Submarine Support
• Negative Sentiment: Critical coverage lists valuation and other risks — with a recent share run and high PEG, some investors may trim positions, pressuring the stock in the near term. 3 Reasons NOC is Risky and 1 Stock to Buy Instead

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.