Weekly Investment Analysts’ Ratings Updates for Northrop Grumman (NOC)

A number of firms have modified their ratings and price targets on shares of Northrop Grumman (NYSE: NOC) recently:

• 1/14/2025 – Northrop Grumman is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $544.00 price target on the stock.
• 1/11/2025 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/8/2025 – Northrop Grumman had its price target lowered by analysts at Susquehanna from $625.00 to $557.00. They now have a “positive” rating on the stock.
• 1/8/2025 – Northrop Grumman was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $595.00 price target on the stock.
• 1/6/2025 – Northrop Grumman had its price target lowered by analysts at Barclays PLC from $550.00 to $500.00. They now have an “equal weight” rating on the stock.
• 1/3/2025 – Northrop Grumman was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 12/24/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 12/14/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 12/11/2024 – Northrop Grumman had its price target lowered by analysts at Wells Fargo & Company from $565.00 to $505.00. They now have an “equal weight” rating on the stock.
• 12/6/2024 – Northrop Grumman was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 11/28/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 11/20/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.

Northrop Grumman Trading Up 0.6 %

NOC opened at $475.37 on Wednesday. Northrop Grumman Co. has a 1-year low of $418.60 and a 1-year high of $555.57. The firm has a market capitalization of $69.26 billion, a price-to-earnings ratio of 29.45, a price-to-earnings-growth ratio of 0.97 and a beta of 0.35. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.09 and a quick ratio of 0.97. The company’s 50 day simple moving average is $483.30 and its two-hundred day simple moving average is $493.62.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Thursday, October 24th. The aerospace company reported $7.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.07 by $0.93. Northrop Grumman had a return on equity of 26.57% and a net margin of 5.79%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $10.18 billion. During the same quarter in the previous year, the company earned $6.18 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Analysts expect that Northrop Grumman Co. will post 25.93 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd were paid a $2.06 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $8.24 annualized dividend and a yield of 1.73%. Northrop Grumman’s dividend payout ratio is currently 51.05%.

Insider Buying and Selling

In related news, VP Benjamin R. Davies sold 1,156 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $532.93, for a total transaction of $616,067.08. Following the completion of the transaction, the vice president now directly owns 537 shares of the company’s stock, valued at $286,183.41. This represents a 68.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 1,255 shares of company stock worth $663,859 in the last ninety days. 0.22% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Northrop Grumman

Several institutional investors and hedge funds have recently made changes to their positions in the business. RPg Family Wealth Advisory LLC purchased a new stake in shares of Northrop Grumman during the third quarter worth about $31,000. FSA Wealth Management LLC purchased a new position in shares of Northrop Grumman in the 3rd quarter worth about $36,000. Modus Advisors LLC purchased a new stake in Northrop Grumman during the fourth quarter worth approximately $38,000. Catalyst Capital Advisors LLC purchased a new stake in Northrop Grumman during the 3rd quarter worth $40,000. Finally, True Wealth Design LLC acquired a new stake in shares of Northrop Grumman in the third quarter valued at about $53,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.