Capital International Investors Has $6.55 Billion Stock Holdings in Northrop Grumman Corporation $NOC

Capital International Investors trimmed its stake in Northrop Grumman Corporation (NYSE:NOC) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,477,634 shares of the aerospace company’s stock after selling 285,856 shares during the quarter. Northrop Grumman comprises about 1.0% of Capital International Investors’ holdings, making the stock its 22nd biggest position. Capital International Investors owned 8.09% of Northrop Grumman worth $6,545,463,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Torren Management LLC bought a new position in shares of Northrop Grumman in the fourth quarter valued at $26,000. Financial Life Planners bought a new position in shares of Northrop Grumman in the third quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Northrop Grumman in the fourth quarter valued at $29,000. Hopwood Financial Services Inc. bought a new position in shares of Northrop Grumman in the third quarter valued at $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Northrop Grumman in the third quarter valued at $32,000. 83.40% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NOC. Wall Street Zen lowered shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley dropped their price objective on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. UBS Group dropped their price target on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Argus set a $785.00 price target on shares of Northrop Grumman in a research report on Tuesday, February 10th. Finally, Citigroup dropped their price target on shares of Northrop Grumman from $742.00 to $628.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $702.63.

Northrop Grumman Stock Performance

Shares of NOC stock opened at $544.73 on Friday. The firm has a market cap of $77.37 billion, a price-to-earnings ratio of 17.05, a P/E/G ratio of 3.71 and a beta of -0.12. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The firm’s 50-day simple moving average is $603.63 and its two-hundred day simple moving average is $631.07. Northrop Grumman Corporation has a 52 week low of $472.02 and a 52 week high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping the consensus estimate of $6.06 by $0.08. The firm had revenue of $9.88 billion during the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company’s revenue 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. As a group, equities analysts forecast that Northrop Grumman Corporation will post 27.93 earnings per share for the current year.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Monday, June 1st will be paid a dividend of $2.47 per share. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. Northrop Grumman’s dividend payout ratio is presently 30.92%.

About Northrop Grumman

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.