Eurizon Capital SGR S.p.A. Acquires New Holdings in Northrop Grumman Corporation $NOC

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 105,333 shares of the aerospace company’s stock, valued at approximately $60,063,000. Eurizon Capital SGR S.p.A. owned 0.07% of Northrop Grumman as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fideuram Asset Management Ireland dac bought a new position in Northrop Grumman during the fourth quarter valued at approximately $62,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in Northrop Grumman during the fourth quarter valued at approximately $249,000. Basepoint Wealth LLC purchased a new stake in Northrop Grumman during the fourth quarter valued at approximately $64,000. Northwestern Mutual Wealth Management Co. increased its holdings in Northrop Grumman by 2.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 16,470 shares of the aerospace company’s stock valued at $9,392,000 after buying an additional 432 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in Northrop Grumman by 107.0% during the fourth quarter. Intech Investment Management LLC now owns 37,092 shares of the aerospace company’s stock valued at $21,150,000 after buying an additional 19,177 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NOC opened at $562.67 on Friday. The firm has a market cap of $79.92 billion, a P/E ratio of 17.61, a PEG ratio of 3.81 and a beta of -0.11. Northrop Grumman Corporation has a 1-year low of $468.50 and a 1-year high of $774.00. The company has a 50 day simple moving average of $619.26 and a two-hundred day simple moving average of $631.86. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04.

Northrop Grumman (NYSE:NOC) last issued its earnings results 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. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the business earned $6.06 earnings per share. Northrop Grumman’s revenue for the quarter was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities 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 announced 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. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is currently 28.92%.

Analyst Ratings Changes

NOC has been the subject of a number of research reports. UBS Group reduced their target price on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Jefferies Financial Group reduced their target price on shares of Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. Wells Fargo & Company initiated coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 target price for the company. Finally, Morgan Stanley reduced their target price on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $702.63.

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.