Blackhawk Capital Partners LLC Has $564,000 Stock Holdings in Northrop Grumman Corporation $NOC

Blackhawk Capital Partners LLC reduced its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 54.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 827 shares of the aerospace company’s stock after selling 997 shares during the quarter. Blackhawk Capital Partners LLC’s holdings in Northrop Grumman were worth $564,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NOC shares. BTIG Research reiterated a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a report on Wednesday, April 22nd. TD Cowen dropped their price target on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating on the stock in a research report on Monday. Raymond James Financial reiterated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Wall Street Zen lowered Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Morgan Stanley set a $745.00 price objective on Northrop Grumman in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $676.29.

Northrop Grumman Trading Down 0.5%

Shares of NOC stock opened at $525.96 on Thursday. Northrop Grumman Corporation has a 52-week low of $493.84 and a 52-week high of $774.00. 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 company has a 50-day simple moving average of $539.25 and a two-hundred day simple moving average of $624.94. The company has a market capitalization of $74.70 billion, a price-to-earnings ratio of 16.46, a PEG ratio of 3.58 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping the consensus estimate of $6.06 by $0.08. The firm had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Research analysts anticipate that Northrop Grumman Corporation will post 27.95 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a $2.47 dividend. 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 1.9%. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman’s payout ratio is presently 30.92%.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman broke ground on a new Utah facility tied to the Sentinel ICBM program and other advanced aerospace missions, reinforcing long-term defense spending demand and signaling continued investment in growth. Northrop Grumman Breaks Ground on New Facility to Support Strategic Deterrence and Advanced Aerospace Missions in Utah
• Positive Sentiment: Analysts continue to view Northrop Grumman as a potential earnings beat ahead of its quarterly report, with expectations that the company has the right mix of factors to top estimates. Northrop Grumman (NOC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
• Positive Sentiment: Morgan Stanley included Northrop Grumman in its top defense stock picks, suggesting institutional confidence in the name even as it highlighted broader upside in the sector. Morgan Stanley Picks Its Top Three Defense Stocks. One Has 100% Upside.
• Neutral Sentiment: Other articles reinforced the idea that defense contractors can benefit from long-term space and missile-defense spending, which supports the sector backdrop for NOC. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
• Neutral Sentiment: There was also coverage about BAE Systems expanding in radar, which highlights competitive activity in adjacent defense markets but does not directly change Northrop Grumman’s near-term outlook. Is BAE Systems Expanding Its Presence in the Radar Market?
• Negative Sentiment: At the same time, analysts trimmed Northrop Grumman’s fair value estimate and lowered price targets, pointing to more cautious expectations for near-term execution and upside. Northrop Grumman (NOC) Stock Fair Value Edges Lower As Analysts Trim Targets

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.