Northwestern Mutual Wealth Management Co. Has $8.43 Million Holdings in Northrop Grumman Corporation $NOC

Northwestern Mutual Wealth Management Co. decreased its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,777 shares of the aerospace company’s stock after selling 1,261 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Northrop Grumman were worth $8,426,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NOC. Thrivent Financial for Lutherans grew its stake in Northrop Grumman by 18.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 6,956 shares of the aerospace company’s stock worth $3,969,000 after buying an additional 1,078 shares in the last quarter. Arbejdsmarkedets Tillaegspension acquired a new stake in Northrop Grumman during the 4th quarter worth approximately $24,086,000. ORBA Wealth Advisors L.L.C. acquired a new position in shares of Northrop Grumman in the 4th quarter worth approximately $492,000. New York Life Investment Management LLC lifted its position in shares of Northrop Grumman by 0.6% in the 4th quarter. New York Life Investment Management LLC now owns 18,384 shares of the aerospace company’s stock worth $10,483,000 after purchasing an additional 116 shares during the period. Finally, Cornerstone Wealth Management LLC lifted its position in shares of Northrop Grumman by 6.4% in the 4th quarter. Cornerstone Wealth Management LLC now owns 1,992 shares of the aerospace company’s stock worth $1,136,000 after purchasing an additional 120 shares during the period. 83.40% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NOC. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $765.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Northrop Grumman in a report on Monday, March 23rd. UBS Group cut their price objective 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. Bank of America increased their price target on shares of Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada increased their price target on shares of Northrop Grumman from $715.00 to $750.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus target price of $704.74.

Northrop Grumman Trading Up 0.8%

Shares of Northrop Grumman stock opened at $556.01 on Friday. The company’s 50-day moving average price is $636.59 and its 200-day moving average price is $632.39. The company has a market cap of $78.97 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 3.76 and a beta of -0.11. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 12-month low of $468.29 and a 12-month high of $774.00.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. The business had revenue of $9.88 billion for 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%. Northrop Grumman’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the firm posted $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, equities analysts expect that Northrop Grumman Corporation will post 27.93 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st will be issued a $2.47 dividend. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is 28.92%.

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.