German American Bancorp Inc. Increases Position in Northrop Grumman Corporation $NOC

German American Bancorp Inc. increased its stake in shares of Northrop Grumman Corporation (NYSE:NOC) by 89.7% in the first quarter, HoldingsChannel reports. The firm owned 10,688 shares of the aerospace company’s stock after buying an additional 5,054 shares during the period. German American Bancorp Inc.’s holdings in Northrop Grumman were worth $7,292,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in NOC. Torren Management LLC purchased a new position in Northrop Grumman in the fourth quarter valued at about $26,000. Karpus Management Inc. purchased a new stake in shares of Northrop Grumman during the fourth quarter valued at about $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Northrop Grumman during the fourth quarter valued at about $29,000. Financial Life Planners bought a new stake in shares of Northrop Grumman in the 1st quarter valued at about $30,000. Finally, Motiv8 Investments LLC bought a new stake in shares of Northrop Grumman in the 4th quarter valued at about $30,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NOC opened at $523.19 on Friday. The company has a market cap of $74.31 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 3.51 and a beta of -0.10. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84. The firm’s 50-day moving average price is $538.07 and its 200-day moving average price is $623.81. Northrop Grumman Corporation has a 52-week low of $493.84 and a 52-week high of $774.00.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 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 analysts’ expectations 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 for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the business earned $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities analysts anticipate that Northrop Grumman Corporation will post 27.95 EPS for the current fiscal year.

Northrop Grumman Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Monday, June 1st. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. Northrop Grumman’s payout ratio is presently 30.92%.

Key Headlines Impacting 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.

Wall Street Analyst Weigh In

NOC has been the subject of several recent analyst reports. Jefferies Financial Group reduced their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research note on Friday, June 26th. TD Cowen lowered their target price on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating for the company in a research note on Monday. Wall Street Zen lowered shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. BTIG Research reaffirmed a “buy” rating and set a $815.00 price target on shares of Northrop Grumman in a research report on Wednesday, April 22nd. Finally, Weiss Ratings lowered Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $676.29.

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.