Arbejdsmarkedets Tillaegspension Makes New Investment in Northrop Grumman Corporation $NOC

Arbejdsmarkedets Tillaegspension acquired a new position in shares of Northrop Grumman Corporation (NYSE:NOC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 42,241 shares of the aerospace company’s stock, valued at approximately $24,086,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in Northrop Grumman during the third quarter worth approximately $27,000. Torren Management LLC acquired a new stake in Northrop Grumman during the fourth quarter worth approximately $26,000. Physician Wealth Advisors Inc. raised its holdings in Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 32 shares in the last quarter. Hopwood Financial Services Inc. acquired a new stake in Northrop Grumman during the third quarter worth approximately $30,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Northrop Grumman in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Insider Buying and Selling at Northrop Grumman

In other Northrop Grumman news, CAO Michael A. Hardesty sold 147 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total transaction of $107,748.06. Following the sale, the chief accounting officer directly owned 2,525 shares in the company, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Benjamin R. Davies sold 2,189 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total transaction of $1,575,226.29. Following the sale, the vice president owned 151 shares in the company, valued at $108,661.11. The trade was a 93.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is currently owned by insiders.

Northrop Grumman Price Performance

Shares of NYSE NOC opened at $548.38 on Friday. The firm has a market capitalization of $77.89 billion, a P/E ratio of 17.16, a PEG ratio of 3.76 and a beta of -0.11. Northrop Grumman Corporation has a one year low of $459.25 and a one year high of $774.00. The company’s fifty day moving average is $659.83 and its two-hundred day moving average is $634.25. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15.

Northrop Grumman (NYSE:NOC) last issued 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 company had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The business’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Analysts forecast that Northrop Grumman Corporation will post 27.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NOC shares. UBS Group cut their target price on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. BTIG Research reaffirmed a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a report on Wednesday, April 22nd. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup cut their target price on shares of Northrop Grumman from $807.00 to $742.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Bank of America lifted their target price on shares of Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Northrop Grumman presently has a consensus rating of “Moderate Buy” and an average target price of $710.74.

Northrop Grumman Company 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.