MBL Wealth LLC Buys 1,087 Shares of Northrop Grumman Corporation $NOC

by · The Markets Daily

MBL Wealth LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 1,087 shares of the aerospace company’s stock, valued at approximately $525,000.

Several other institutional investors and hedge funds have also made changes to their positions in NOC. State Street Corp grew its stake in Northrop Grumman by 1.3% in the 2nd quarter. State Street Corp now owns 13,169,195 shares of the aerospace company’s stock valued at $6,707,203,000 after acquiring an additional 168,267 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Northrop Grumman in the second quarter valued at about $6,001,616,000. Bank of America Corp DE acquired a new stake in shares of Northrop Grumman in the second quarter valued at approximately $1,298,141,000. Dimensional Fund Advisors LP grew its position in shares of Northrop Grumman by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 960,690 shares of the aerospace company’s stock valued at $655,373,000 after purchasing an additional 5,811 shares during the last quarter. Finally, Legal & General Group Plc grew its position in shares of Northrop Grumman by 2.2% in the second quarter. Legal & General Group Plc now owns 747,121 shares of the aerospace company’s stock valued at $380,516,000 after purchasing an additional 16,195 shares during the last quarter. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Northrop Grumman news, Director Mark Welsh, III sold 95 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the sale, the director directly owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. This trade represents a 2.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.

Northrop Grumman Price Performance

Northrop Grumman stock opened at $551.38 on Friday. The stock has a market capitalization of $78.33 billion, a P/E ratio of 17.39, a P/E/G ratio of 3.15 and a beta of -0.11. Northrop Grumman Corporation has a 12-month low of $470.06 and a 12-month high of $774.00. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.23 and a quick ratio of 1.06. The firm’s 50-day moving average is $521.15 and its two-hundred day moving average is $547.94.

Northrop Grumman (NYSE:NOC – Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The aerospace company reported $7.89 earnings per share for the quarter, beating analysts’ consensus estimates of $7.18 by $0.71. The business had revenue of $11.12 billion during the quarter, compared to analyst estimates of $11.14 billion. Northrop Grumman had a net margin of 10.37% and a return on equity of 23.46%. The company’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.67 earnings per share. Equities analysts predict that Northrop Grumman Corporation will post 29.53 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Monday, August 31st were given a dividend of $2.47 per share. The ex-dividend date was Monday, August 31st. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s dividend payout ratio is 31.17%.

Trending Headlines about Northrop Grumman

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

  • Positive Sentiment: Analyst targets remain supportive. Robert W. Baird upgraded NOC from “hold” to “outperform” and raised its price target to $675 from $550, implying substantial upside. BNP Paribas Exane also expects the stock to appreciate, while Guggenheim initiated or reiterated a “buy” rating. Baird upgrade BNP Paribas Exane outlook Guggenheim buy rating
  • Positive Sentiment: Backlog and margins are key bullish themes. A review of third-quarter results highlighted a $109.6 billion backlog and signs of a potential margin inflection, supporting longer-term revenue visibility and earnings growth. Northrop Grumman Q3 backlog analysis
  • Positive Sentiment: Recent results exceeded expectations. NOC reported quarterly EPS of $7.89 versus the $7.18 consensus estimate, with revenue up 6.7% year over year. Fiscal 2026 EPS guidance of $29.35–$29.75 is also above consensus, reinforcing the earnings-growth case.
  • Neutral Sentiment: Analyst opinion is mixed. RBC Capital assigned a “hold” rating even as a separate RBC forecast pointed to strong potential appreciation. This divergence may encourage investors to take profits following the recent rally. RBC hold rating
  • Negative Sentiment: Margin pressure remains a risk. Commentary on NOC and other defense contractors noted that strong backlogs and guidance improvements are accompanied by margin pressures and paused buybacks, which could weigh on near-term valuation.

Analyst Ratings Changes

A number of research analysts have recently weighed in on NOC shares. TD Cowen dropped their price objective on shares of Northrop Grumman from $590.00 to $540.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Robert W. Baird set a $675.00 target price on Northrop Grumman and gave the company an “outperform” rating in a research note on Wednesday. UBS Group increased their target price on Northrop Grumman from $694.00 to $698.00 and gave the company a “buy” rating in a report on Wednesday. Sanford C. Bernstein lowered their target price on Northrop Grumman from $620.00 to $556.00 and set a “market perform” rating on the stock in a report on Wednesday, October 14th. Finally, Rothschild & Co Redburn assumed coverage on Northrop Grumman in a research report on Tuesday, October 6th. They set a “buy” rating and a $680.00 price target for the company. Fifteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $641.83.

View Our Latest Stock Analysis on NOC

About Northrop Grumman

(Free Report)

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. government representing its primary customer base. The company operates across aerospace, defense, space, cybersecurity and advanced technology markets.

Its products and services include military aircraft and autonomous systems, space systems and satellites, missile defense technologies, command-and-control systems, cyber solutions, sensors, communications networks and other mission-critical systems.

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