Clough Capital Partners L P Sells 3,486 Shares of Northrop Grumman Corporation $NOC

Clough Capital Partners L P decreased its position in Northrop Grumman Corporation (NYSE:NOC) by 22.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 11,830 shares of the aerospace company’s stock after selling 3,486 shares during the quarter. Clough Capital Partners L P’s holdings in Northrop Grumman were worth $8,071,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. SummitTX Capital L.P. bought a new stake in Northrop Grumman during the first quarter worth about $10,862,000. Gateway Wealth Partners LLC bought a new position in shares of Northrop Grumman in the first quarter valued at approximately $255,000. OMERS ADMINISTRATION Corp raised its stake in shares of Northrop Grumman by 28.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 6,629 shares of the aerospace company’s stock valued at $4,523,000 after acquiring an additional 1,488 shares during the last quarter. Themes Management Co LLC boosted its holdings in shares of Northrop Grumman by 67.2% in the 1st quarter. Themes Management Co LLC now owns 7,046 shares of the aerospace company’s stock worth $4,807,000 after acquiring an additional 2,832 shares in the last quarter. Finally, Waverly Advisors LLC boosted its holdings in shares of Northrop Grumman by 7.5% in the 1st quarter. Waverly Advisors LLC now owns 10,231 shares of the aerospace company’s stock worth $6,980,000 after acquiring an additional 718 shares in the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman’s Q2 earnings beat expectations, and the company lifted its full-year sales guidance while highlighting strong contract wins and a record backlog, reinforcing the investment case for the stock. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: Broader defense sector strength is helping sentiment, with defense ETFs benefiting from higher military spending, solid quarterly results across peers, and rising geopolitical tensions that could support future demand. Defense ETFs in Focus Amid Earnings, Conflict and Military Spending
• Positive Sentiment: Several articles and analyst notes say Northrop Grumman may still be undervalued or better positioned than other industrial names, which supports investor interest after the earnings report. How Much Could a $5,000 Investment in SpaceX Be Worth By 2030? Here’s Why This Industrial Stock May Be a Better Buy Today.
• Neutral Sentiment: Analysts remain mixed, with UBS reportedly sticking to a Buy rating while TD Cowen and JPMorgan lowered price targets, suggesting expectations are still being recalibrated after earnings.
• Neutral Sentiment: Northrop Grumman also drew attention for its new robotic satellite servicing vehicle and mission extension pods, which may support long-term space systems growth but are not an immediate earnings driver. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027

Northrop Grumman Stock Performance

Shares of Northrop Grumman stock opened at $542.09 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $535.81 and a 200 day simple moving average of $622.17. Northrop Grumman Corporation has a fifty-two week low of $479.02 and a fifty-two week high of $774.00. The firm has a market cap of $76.99 billion, a P/E ratio of 17.22, a P/E/G ratio of 3.51 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.82 by $0.86. The firm had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Sell-side analysts predict that Northrop Grumman Corporation will post 28.98 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were paid a dividend of $2.47 per share. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date of this dividend was Monday, June 1st. Northrop Grumman’s payout ratio is currently 31.39%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $615.00 price target on Northrop Grumman in a report on Wednesday. TD Cowen reduced their price objective on Northrop Grumman from $580.00 to $550.00 and set a “hold” rating on the stock in a research note on Wednesday, July 22nd. Susquehanna decreased their target price on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a report on Wednesday. Weiss Ratings cut Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Finally, Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Northrop Grumman presently has an average rating of “Moderate Buy” and a consensus price target of $655.24.

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.