Independent Financial Group LLC Buys New Holdings in Northrop Grumman Corporation $NOC

Independent Financial Group LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 2,859 shares of the aerospace company’s stock, valued at approximately $1,950,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NOC. Financial Life Planners purchased a new stake in shares of Northrop Grumman during the first quarter valued at approximately $30,000. Torren Management LLC purchased a new position in shares of Northrop Grumman in the fourth quarter worth $26,000. Karpus Management Inc. purchased a new position in shares of Northrop Grumman in the fourth quarter worth $26,000. Whipplewood Advisors LLC raised its holdings in Northrop Grumman by 380.0% during the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after buying an additional 38 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Northrop Grumman during the 4th quarter valued at $29,000. Institutional investors own 83.40% of the company’s stock.

Trending Headlines about Northrop Grumman

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

• Positive Sentiment: Defense stocks are benefiting from a broader sector rally as investors respond to expectations for stronger U.S. military spending, including a proposed $1.5 trillion defense budget backdrop. Northrop Grumman rises as defense-spending tailwinds and program momentum lift sentiment
• Positive Sentiment: Investor attention is building ahead of Northrop Grumman’s July 21 Q2 results, with a strong backlog and government contract momentum expected to support the quarter. Northrop Grumman to Post Q2 Earnings: Here’s What to Expect
• Positive Sentiment: Recent program news, including work tied to Sentinel infrastructure, is reinforcing the long-term growth story for strategic deterrence and aerospace missions. Northrop Grumman Planning To Add Hundreds Of Jobs For Sentinel
• Neutral Sentiment: Analyst commentary remains mixed-to-positive, with recent coverage focused on key earnings metrics and margin sensitivity, especially around the Sentinel program.
• Negative Sentiment: Insider trading data shows no open-market insider buying in the last six months, while several executives have sold shares, which may temper some enthusiasm.

Northrop Grumman Price Performance

Shares of NYSE NOC opened at $523.19 on Monday. Northrop Grumman Corporation has a 1 year low of $493.84 and a 1 year high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04. The company’s 50-day moving average is $538.07 and its 200 day moving average is $624.13. The stock has a market capitalization of $74.31 billion, a P/E ratio of 16.38, a P/E/G ratio of 3.53 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last released its quarterly 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. The company had revenue of $9.88 billion during 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 revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, sell-side analysts expect that Northrop Grumman Corporation will post 27.95 earnings per share for the current year.

Northrop Grumman Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were given a $2.47 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio is currently 30.92%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NOC shares. TD Cowen cut their price target on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Weiss Ratings lowered shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Citigroup reduced their price target on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Morgan Stanley set a $745.00 price objective on Northrop Grumman in a report on Wednesday. Finally, The Goldman Sachs Group cut their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $676.29.

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.