Capital International Inc. CA Has $105.08 Million Stake in Northrop Grumman Corporation $NOC

Capital International Inc. CA trimmed its holdings in Northrop Grumman Corporation (NYSE:NOC) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 184,282 shares of the aerospace company’s stock after selling 3,580 shares during the period. Capital International Inc. CA’s holdings in Northrop Grumman were worth $105,079,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in NOC. Brighton Jones LLC lifted its position in shares of Northrop Grumman by 176.3% in the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock valued at $1,394,000 after buying an additional 1,895 shares during the last quarter. Bison Wealth LLC lifted its position in shares of Northrop Grumman by 5.3% in the fourth quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after buying an additional 32 shares during the last quarter. Woodline Partners LP lifted its position in shares of Northrop Grumman by 367.7% in the first quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock valued at $1,288,000 after buying an additional 1,978 shares during the last quarter. AXA S.A. lifted its position in shares of Northrop Grumman by 1,487.8% in the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock valued at $8,169,000 after buying an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Northrop Grumman by 6.7% in the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock valued at $4,432,000 after buying an additional 553 shares during the last quarter. 83.40% of the stock is owned by institutional investors and hedge funds.

Northrop Grumman Trading Down 0.1%

Shares of NYSE:NOC opened at $544.73 on Friday. Northrop Grumman Corporation has a 12-month low of $472.02 and a 12-month high of $774.00. The stock has a market cap of $77.37 billion, a PE ratio of 17.05, a P/E/G ratio of 3.71 and a beta of -0.12. The business has a 50 day moving average of $603.63 and a 200-day moving average of $631.07. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter in the previous year, the company posted $6.06 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities research analysts forecast that Northrop Grumman Corporation will post 27.93 earnings per share for the current year.

Northrop Grumman Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group cut their price objective on Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. BTIG Research reaffirmed a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman 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. Weiss Ratings cut Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Jefferies Financial Group reduced their price objective on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Two research 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $702.63.

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.