Northrop Grumman (NYSE:NOC) Announces Quarterly Earnings Results, Beats Expectations By $0.84 EPS

Northrop Grumman (NYSE:NOC) issued its quarterly earnings results on Tuesday. The aerospace company reported $7.68 earnings per share for the quarter, topping analysts’ consensus estimates of $6.84 by $0.84, FiscalAI reports. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm had revenue of $10.88 billion during the quarter, compared to analysts’ expectations of $10.80 billion.

Northrop Grumman Stock Performance

Shares of NOC opened at $524.95 on Tuesday. The company has a market capitalization of $74.56 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 3.53 and a beta of -0.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman has a 1 year low of $493.84 and a 1 year high of $774.00. The company’s 50 day simple moving average is $537.61 and its 200 day simple moving average is $623.79.

Northrop Grumman Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Investors of record on Monday, June 1st were paid a dividend of $2.47 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a dividend yield of 1.9%. Northrop Grumman’s payout ratio is currently 30.92%.

Wall Street Analyst Weigh In

NOC has been the topic of a number of recent research reports. BTIG Research restated a “buy” rating and issued a $815.00 price objective on shares of Northrop Grumman in a research note on Wednesday, April 22nd. The Goldman Sachs Group decreased their target price on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen cut Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group cut their price target on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a research note on Friday, June 26th. Finally, Morgan Stanley set a $745.00 price objective on shares of Northrop Grumman in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $676.29.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Karpus Management Inc. acquired a new position in Northrop Grumman during the fourth quarter worth approximately $26,000. Motiv8 Investments LLC acquired a new stake in shares of Northrop Grumman during the 4th quarter worth $30,000. EFG International AG acquired a new stake in shares of Northrop Grumman during the 4th quarter worth $31,000. Wexford Capital LP acquired a new position in Northrop Grumman in the third quarter valued at $33,000. Finally, Prosperity Bancshares Inc purchased a new stake in Northrop Grumman during the fourth quarter valued at about $32,000. 83.40% of the stock is currently owned by hedge funds and other institutional investors.

More Northrop Grumman News

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

• Positive Sentiment: The company reported Q2 EPS of $7.68, beating Wall Street’s estimate of $6.84, and revenue of $10.88 billion, slightly ahead of expectations. Article Title
• Positive Sentiment: Northrop Grumman raised its 2026 sales and adjusted profit forecast, citing strong weapons demand tied to ongoing global geopolitical conflicts. Article Title
• Neutral Sentiment: The company formally released its second-quarter 2026 financial results and investor materials, confirming the earnings update to shareholders. Article Title
• Neutral Sentiment: Heading into earnings, analysts were watching for a possible decline in EPS, making the actual beat and guidance raise more meaningful for the stock. Article Title

About Northrop Grumman

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.