Severin Investments LLC Increases Stock Position in Northrop Grumman Corporation $NOC

Severin Investments LLC lifted its holdings in Northrop Grumman Corporation (NYSE:NOC) by 131.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,464 shares of the aerospace company’s stock after buying an additional 831 shares during the period. Severin Investments LLC’s holdings in Northrop Grumman were worth $892,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of NOC. Parvin Asset Management LLC bought a new position in Northrop Grumman during the second quarter valued at about $25,000. Financial Life Planners purchased a new position in Northrop Grumman in the third quarter valued at approximately $27,000. Physician Wealth Advisors Inc. increased its position in Northrop Grumman by 200.0% in the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock worth $29,000 after buying an additional 32 shares during the last quarter. Hopwood Financial Services Inc. purchased a new position in shares of Northrop Grumman during the 3rd quarter valued at $30,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Northrop Grumman in the 2nd quarter worth about $31,000. Institutional investors own 83.40% of the company’s stock.

Insider Activity at Northrop Grumman

In related news, Director Mark A. Welsh III sold 95 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $684.52, for a total transaction of $65,029.40. Following the transaction, the director directly owned 4,203 shares of the company’s stock, valued at approximately $2,877,037.56. This trade represents a 2.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Kathy J. Warden sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was 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 directly owned 171,602 shares of the company’s stock, valued at approximately $121,634,929.64. This represents a 10.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 32,431 shares of company stock worth $21,969,404. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on NOC shares. Morgan Stanley reissued an “overweight” rating and issued a $765.00 price target on shares of Northrop Grumman in a research report on Wednesday, January 28th. Jefferies Financial Group raised their price objective on shares of Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. TD Cowen reissued a “hold” rating on shares of Northrop Grumman in a report on Wednesday, January 28th. Alembic Global Advisors upgraded Northrop Grumman from a “neutral” rating to an “overweight” rating and set a $662.00 target price on the stock in a research report on Monday, December 15th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $727.00 price target on shares of Northrop Grumman in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $693.60.

Northrop Grumman Stock Up 0.1%

NOC opened at $724.82 on Thursday. The firm has a market capitalization of $102.87 billion, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 5.38 and a beta of 0.03. Northrop Grumman Corporation has a one year low of $450.13 and a one year high of $774.00. The company has a fifty day moving average price of $699.26 and a 200-day moving average price of $622.52. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.10 and a quick ratio of 1.01.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The business had revenue of $11.71 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period in the prior year, the company earned $6.39 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts expect that Northrop Grumman Corporation will post 28.05 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, February 23rd were issued a $2.31 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $9.24 dividend on an annualized basis and a dividend yield of 1.3%. Northrop Grumman’s dividend payout ratio is presently 31.72%.

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.