PFG Advisors Sells 2,357 Shares of Northrop Grumman Corporation $NOC

PFG Advisors lessened its holdings in Northrop Grumman Corporation (NYSE:NOC) by 33.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,608 shares of the aerospace company’s stock after selling 2,357 shares during the quarter. PFG Advisors’ holdings in Northrop Grumman were worth $2,628,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NOC. Financial Life Planners bought a new position in Northrop Grumman in the 3rd quarter valued at approximately $27,000. Physician Wealth Advisors Inc. raised its holdings in Northrop Grumman by 200.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares during the last quarter. Hopwood Financial Services Inc. bought a new position in Northrop Grumman in the 3rd quarter valued at approximately $30,000. KERR FINANCIAL PLANNING Corp bought a new position in Northrop Grumman in the 3rd quarter valued at approximately $32,000. Finally, Wexford Capital LP bought a new position in Northrop Grumman in the 3rd quarter valued at approximately $33,000. Institutional investors own 83.40% of the company’s stock.

Key Stories Impacting Northrop Grumman

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

• Positive Sentiment: Q1 beat: Northrop reported $6.14 EPS on $9.88B revenue, above consensus, driven by aeronautics strength and margin gains. Q1 Earnings
• Positive Sentiment: Program tailwinds and backlog: management highlighted B?21 progress (refueling tests, production ramp) and a roughly $96B backlog that supports long?term revenue visibility. B-21 Progress
• Neutral Sentiment: Guidance reaffirmed: the company kept FY?2026 sales at $43.5B–$44.0B and EPS at $27.40–$27.90, roughly in line with prior targets but slightly below Street EPS consensus — a key reason for the weak reaction. Guidance/Reaffirmation
• Neutral Sentiment: Analyst backdrop remains constructive: several firms maintain buy ratings and above?market price targets, leaving upside potential over the medium term despite the near?term pullback. Analyst Coverage
• Negative Sentiment: Higher near?term capital intensity: management raised 2026 capex to ~$1.85B to expand B?21 production capacity, increasing near?term cash needs. Capex Increase
• Negative Sentiment: Quarterly cash burn and program charges: Q1 used operating and free cash flow (seasonal but sizable), and Space Systems recorded a ~$71M unfavorable EAC adjustment related to a GEM 63XL launch anomaly — both amplified investor concern. Cash Burn / Charge
• Negative Sentiment: Market reaction: despite the beat, investors sold into the print because management reaffirmed (rather than raised) targets and flagged higher investment and near?term cash usage; that drove today’s share weakness. Market Reaction

Insider Activity at Northrop Grumman

In other news, CEO Kathy J. Warden sold 20,000 shares of Northrop Grumman stock in a transaction on Friday, February 6th. The shares were sold at an average price of $708.82, for a total value of $14,176,400.00. Following the completion of the sale, the chief executive officer owned 171,602 shares in the company, valued at $121,634,929.64. The trade was a 10.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 transaction of $1,575,226.29. Following the completion of the sale, the vice president owned 151 shares of the company’s stock, valued at $108,661.11. This represents a 93.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 22,431 shares of company stock worth $15,924,404. 0.21% of the stock is owned by insiders.

Northrop Grumman Stock Performance

NYSE:NOC opened at $611.42 on Wednesday. The company has a fifty day moving average of $705.88 and a 200-day moving average of $639.26. The firm has a market capitalization of $86.84 billion, a P/E ratio of 20.99, a P/E/G ratio of 4.65 and a beta of 0.04. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a twelve month low of $450.13 and a twelve month high of $774.00.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating the consensus estimate of $6.06 by $0.08. The company had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a net margin of 9.97% and a return on equity of 25.57%. Northrop Grumman’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, sell-side analysts anticipate that Northrop Grumman Corporation will post 28.11 EPS for the current year.

Northrop Grumman Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were paid a $2.31 dividend. The ex-dividend date was Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.5%. Northrop Grumman’s payout ratio is currently 31.72%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on NOC shares. Wells Fargo & Company started coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They issued an “overweight” rating and a $800.00 price objective for the company. UBS Group increased their target price on shares of Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $765.00 target price on shares of Northrop Grumman in a research report on Thursday, January 29th. Sanford C. Bernstein reissued a “market perform” rating and set a $727.00 target price on shares of Northrop Grumman in a research report on Monday, January 12th. Finally, TD Cowen reissued a “hold” rating on shares of Northrop Grumman in a research report on Wednesday, January 28th. Two 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $719.58.

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.