Atlas Capital Advisors Inc. Invests $644,000 in Northrop Grumman Corporation $NOC

Atlas Capital Advisors Inc. acquired a new position in shares of Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,130 shares of the aerospace company’s stock, valued at approximately $644,000.

Several other large investors also recently modified their holdings of the stock. Kestra Investment Management LLC grew its position in shares of 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 buying an additional 15 shares during the period. Evolution Wealth Management Inc. grew its position in shares of Northrop Grumman by 6.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after buying an additional 15 shares during the period. Howard Financial Services LTD. grew its position in shares of Northrop Grumman by 1.4% during the 4th quarter. Howard Financial Services LTD. now owns 1,143 shares of the aerospace company’s stock worth $651,000 after buying an additional 16 shares during the period. Frank Rimerman Advisors LLC grew its position in shares of Northrop Grumman by 0.8% during the 4th quarter. Frank Rimerman Advisors LLC now owns 1,973 shares of the aerospace company’s stock worth $1,125,000 after buying an additional 16 shares during the period. Finally, Capital Advisors Ltd. LLC grew its position in shares of Northrop Grumman by 0.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,012 shares of the aerospace company’s stock worth $2,288,000 after buying an additional 16 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC opened at $549.42 on Monday. Northrop Grumman Corporation has a 12-month low of $481.28 and a 12-month high of $774.00. The business’s fifty day moving average is $589.86 and its 200 day moving average is $630.84. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The stock has a market cap of $78.03 billion, a P/E ratio of 17.20, a P/E/G ratio of 3.75 and a beta of -0.12.

Northrop Grumman (NYSE:NOC) last issued its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.75 billion. During the same period last year, the business earned $6.06 EPS. Northrop Grumman’s quarterly revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Sell-side analysts anticipate that Northrop Grumman Corporation will post 27.93 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

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

Wall Street Analyst Weigh In

NOC has been the subject of several recent analyst reports. Morgan Stanley reduced their price objective on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup cut their target price on Northrop Grumman from $742.00 to $628.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Wells Fargo & Company started coverage on Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 target price on the stock. Finally, UBS Group cut their target price on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $702.63.

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.