Orser Capital Management LLC Acquires New Position in Northrop Grumman Corporation $NOC

Orser Capital Management LLC bought a new position in Northrop Grumman Corporation (NYSE:NOC) in the 2nd quarter, Holdings Channel reports. The fund bought 1,050 shares of the aerospace company’s stock, valued at approximately $535,000.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $615.00 target price on shares of Northrop Grumman in a research note on Wednesday, July 22nd. UBS Group raised their price target on Northrop Grumman from $666.00 to $685.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Robert W. Baird set a $500.00 price objective on Northrop Grumman in a research report 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 on the stock in a research report on Thursday, July 23rd. Finally, BTIG Research reissued a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $655.30.

Insider Buying and Selling

In other Northrop Grumman news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the transaction, the director directly owned 4,393 shares of the company’s stock, valued at $2,405,299.29. This trade represents a 2.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by company insiders.

Northrop Grumman Price Performance

NYSE:NOC opened at $568.12 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $80.69 billion, a P/E ratio of 18.05, a P/E/G ratio of 3.61 and a beta of -0.11. Northrop Grumman Corporation has a 12 month low of $479.02 and a 12 month high of $774.00. The business’s 50-day moving average is $534.72 and its 200 day moving average is $617.32.

Northrop Grumman (NYSE:NOC) last issued 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 business had revenue of $10.88 billion for the quarter, compared to analysts’ expectations of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, equities research analysts forecast that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a dividend of $2.47 per share. This represents a $9.88 annualized dividend and a yield of 1.7%. This is an increase from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

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.