MGO One Seven LLC Buys 1,714 Shares of Northrop Grumman Corporation $NOC

MGO One Seven LLC increased its stake in Northrop Grumman Corporation (NYSE:NOC) by 23.2% in the 4th quarter, Holdings Channel reports. The firm owned 9,110 shares of the aerospace company’s stock after purchasing an additional 1,714 shares during the period. MGO One Seven LLC’s holdings in Northrop Grumman were worth $5,195,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Focused Investors LLC lifted its holdings in shares of Northrop Grumman by 4.1% during the third quarter. Focused Investors LLC now owns 211,800 shares of the aerospace company’s stock worth $129,054,000 after buying an additional 8,300 shares during the last quarter. Huntleigh Advisors Inc. acquired a new stake in shares of Northrop Grumman in the third quarter worth $2,818,000. Vanguard Group Inc. grew its stake in shares of Northrop Grumman by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after acquiring an additional 209,135 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in Northrop Grumman by 4.1% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 81,747 shares of the aerospace company’s stock worth $49,810,000 after acquiring an additional 3,215 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Northrop Grumman by 13.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,318 shares of the aerospace company’s stock valued at $13,599,000 after purchasing an additional 2,644 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Down 0.5%

Shares of NYSE NOC opened at $549.40 on Friday. Northrop Grumman Corporation has a 52-week low of $453.01 and a 52-week high of $774.00. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The business has a fifty day moving average of $678.13 and a two-hundred day moving average of $636.03. The stock has a market cap of $78.03 billion, a PE ratio of 17.20, a PEG ratio of 3.77 and a beta of -0.11.

Northrop Grumman (NYSE:NOC) last announced its 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. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The business had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter last year, the company posted $6.06 EPS. The firm’s revenue for the quarter 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 expect that Northrop Grumman Corporation will post 27.92 earnings per share for the current fiscal year.

Northrop Grumman Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were issued a dividend of $2.31 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.7%. Northrop Grumman’s dividend payout ratio (DPR) is presently 28.92%.

Insider Buying and Selling

In related news, CAO Michael A. Hardesty sold 147 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the sale, the chief accounting officer directly owned 2,525 shares of the company’s stock, valued at $1,850,774.50. This trade represents a 5.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Benjamin R. Davies sold 2,189 shares of Northrop Grumman stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $719.61, for a total value of $1,575,226.29. Following the completion of the transaction, the vice president owned 151 shares of the company’s stock, valued at approximately $108,661.11. The trade was a 93.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on NOC shares. Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. TD Cowen reaffirmed a “hold” rating on shares of Northrop Grumman in a research report on Wednesday, January 28th. Susquehanna reiterated a “positive” rating and issued a $752.00 target price on shares of Northrop Grumman in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $765.00 price target on shares of Northrop Grumman in a report on Thursday, January 29th. Finally, Wells Fargo & Company initiated coverage on Northrop Grumman in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $710.74.

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.