Northrop Grumman (NOC) Expected to Announce Earnings on Tuesday

Northrop Grumman (NYSE:NOC) is projected to announce its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect Northrop Grumman to announce earnings of $6.84 per share and revenue of $10.8016 billion for the quarter. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 21, 2026 at 9:30 AM ET.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the previous year, the business earned $6.06 EPS. Northrop Grumman’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, analysts expect Northrop Grumman to post $28 EPS for the current fiscal year and $30 EPS for the next fiscal year.

Northrop Grumman Stock Performance

Shares of NOC opened at $523.19 on Monday. The business’s 50 day moving average is $538.07 and its two-hundred day moving average is $624.13. Northrop Grumman has a 52-week low of $493.84 and a 52-week high of $774.00. The firm has a market cap of $74.31 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 3.53 and a beta of -0.10. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 0.84.

Northrop Grumman Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a $2.47 dividend. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date was Monday, June 1st. Northrop Grumman’s payout ratio is presently 30.92%.

Wall Street Analysts Forecast Growth

NOC has been the topic of several recent analyst reports. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. TD Cowen decreased their price objective on shares of Northrop Grumman from $680.00 to $580.00 and set a “hold” rating for the company in a report on Monday, July 13th. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. Citigroup dropped their target price on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Finally, The Goldman Sachs Group cut their target price on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Northrop Grumman has an average rating of “Moderate Buy” and an average target price of $676.29.

Institutional Investors Weigh In On Northrop Grumman

Institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. increased its stake in Northrop Grumman by 3.9% during the fourth quarter. Invesco Ltd. now owns 1,666,517 shares of the aerospace company’s stock valued at $950,265,000 after purchasing an additional 62,817 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Northrop Grumman by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 864,580 shares of the aerospace company’s stock worth $492,992,000 after buying an additional 8,369 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of Northrop Grumman by 13.0% in the 4th quarter. First Trust Advisors LP now owns 523,825 shares of the aerospace company’s stock valued at $298,690,000 after buying an additional 60,199 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Northrop Grumman by 5.4% in the 2nd quarter. Raymond James Financial Inc. now owns 379,834 shares of the aerospace company’s stock valued at $189,909,000 after buying an additional 19,572 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of Northrop Grumman by 14.3% in the 2nd quarter. Alliancebernstein L.P. now owns 307,207 shares of the aerospace company’s stock valued at $153,597,000 after buying an additional 38,321 shares during the period. 83.40% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Defense stocks are benefiting from a broader sector rally as investors respond to expectations for stronger U.S. military spending, including a proposed $1.5 trillion defense budget backdrop. Northrop Grumman rises as defense-spending tailwinds and program momentum lift sentiment
• Positive Sentiment: Investor attention is building ahead of Northrop Grumman’s July 21 Q2 results, with a strong backlog and government contract momentum expected to support the quarter. Northrop Grumman to Post Q2 Earnings: Here’s What to Expect
• Positive Sentiment: Recent program news, including work tied to Sentinel infrastructure, is reinforcing the long-term growth story for strategic deterrence and aerospace missions. Northrop Grumman Planning To Add Hundreds Of Jobs For Sentinel
• Neutral Sentiment: Analyst commentary remains mixed-to-positive, with recent coverage focused on key earnings metrics and margin sensitivity, especially around the Sentinel program.
• Negative Sentiment: Insider trading data shows no open-market insider buying in the last six months, while several executives have sold shares, which may temper some enthusiasm.

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.