Foster & Motley Inc. Makes New $6.18 Million Investment in Northrop Grumman Corporation $NOC

Foster & Motley Inc. acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) during the second quarter, HoldingsChannel.com reports. The fund acquired 12,141 shares of the aerospace company’s stock, valued at approximately $6,183,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kestra Investment Management LLC grew its stake in shares of Northrop Grumman by 4.4% during the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 15 shares in the last quarter. Evolution Wealth Management Inc. boosted its position in shares of Northrop Grumman by 6.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after acquiring an additional 15 shares in the last quarter. Golden State Equity Partners boosted its position in shares of Northrop Grumman by 1.2% during the 4th quarter. Golden State Equity Partners now owns 1,337 shares of the aerospace company’s stock worth $762,000 after acquiring an additional 16 shares in the last quarter. Diversified Portfolios Inc. increased its holdings in shares of Northrop Grumman by 0.9% in the 4th quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock valued at $1,020,000 after acquiring an additional 16 shares during the last quarter. Finally, South Plains Financial Inc. increased its holdings in shares of Northrop Grumman by 1.8% in the 4th quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock valued at $511,000 after acquiring an additional 16 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Price Performance

Shares of NYSE NOC opened at $589.95 on Wednesday. The stock has a market cap of $83.79 billion, a P/E ratio of 18.74, a P/E/G ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a twelve month low of $479.02 and a twelve month high of $774.00. The stock has a 50 day moving average of $540.34 and a two-hundred day moving average of $612.15. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the firm posted $8.15 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, research analysts forecast that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman completed a key design review for a major upgrade to the E-2D Hawkeye, a milestone that supports continued execution on the Navy aircraft program and could help underpin future revenue. Northrop Grumman clears design review for major E-2D Hawkeye upgrade
• Positive Sentiment: The company is expanding its military-training capabilities through live, virtual and constructive systems, immersive training and electromagnetic simulation tools. The broader training footprint could diversify growth and benefit from rising demand for complex-mission preparation by U.S. and allied forces. Is Northrop Grumman Expanding Its Presence in Military Training? Zacks military training article
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter sales increased year over year, earnings exceeded estimates and net awards of approximately $20 billion lifted backlog to a record near $105 billion. Management also raised 2026 sales and adjusted-EPS guidance, reinforcing expectations for defense-driven growth. Northrop Grumman gains as investors weigh stronger guidance, backlog, and defense tailwinds
• Neutral Sentiment: Analysts remain generally constructive despite NOC’s underperformance over the past year. However, published price targets vary widely, suggesting uncertainty about execution, cash flow and the timing of major program contributions. Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?
• Negative Sentiment: Investor commentary has highlighted higher capital-spending requirements as a pressure on Northrop Grumman. Increased investment could weigh on near-term free cash flow even as it supports long-term production capacity and program growth. Investors’ Focus on Higher Capital Spending Weighed on Northrop Grumman

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NOC shares. Sanford C. Bernstein restated a “market perform” rating and set a $653.00 target price on shares of Northrop Grumman in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft set a $615.00 price target on shares of Northrop Grumman in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Morgan Stanley set a $745.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman presently has a consensus rating of “Moderate Buy” and a consensus target price of $659.30.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the transaction, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. This trade represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

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.