Moody Lynn & Lieberson LLC Sells 4,029 Shares of Northrop Grumman Corporation $NOC

Moody Lynn & Lieberson LLC lowered its holdings in shares of Northrop Grumman Corporation (NYSE:NOC) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,805 shares of the aerospace company’s stock after selling 4,029 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Northrop Grumman were worth $14,144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of NOC. Parvin Asset Management LLC acquired a new stake in shares of Northrop Grumman during the 2nd quarter valued at about $25,000. Financial Life Planners acquired a new position in Northrop Grumman in the third quarter worth about $27,000. Physician Wealth Advisors Inc. raised 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 purchasing an additional 32 shares in the last quarter. Hopwood Financial Services Inc. bought a new position in Northrop Grumman during the third quarter worth about $30,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Northrop Grumman during the second quarter worth about $31,000. Institutional investors own 83.40% of the company’s stock.

Insiders Place Their Bets

In other news, VP Benjamin R. Davies sold 2,189 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $719.61, for a total transaction of $1,575,226.29. Following the sale, the vice president owned 151 shares in the company, valued at approximately $108,661.11. This represents a 93.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Michael A. Hardesty sold 147 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. This trade represents a 5.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,431 shares of company stock worth $21,969,404 in the last three months. Company insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on NOC shares. BTIG Research upped their price objective on Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $765.00 target price on shares of Northrop Grumman in a research report on Thursday, January 29th. TD Cowen reaffirmed a “hold” rating on shares of Northrop Grumman in a research note on Wednesday, January 28th. UBS Group upped their price target on Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Susquehanna reiterated a “positive” rating and set a $752.00 price objective on shares of Northrop Grumman in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $693.60.

Northrop Grumman Price Performance

Shares of Northrop Grumman stock opened at $681.45 on Wednesday. The stock has a market capitalization of $96.71 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 4.99 and a beta of 0.03. The firm’s 50-day moving average price is $707.88 and its two-hundred day moving average price is $629.61. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. Northrop Grumman Corporation has a 1-year low of $450.13 and a 1-year high of $774.00.

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

Northrop Grumman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Monday, February 23rd were given a $2.31 dividend. The ex-dividend date was Monday, February 23rd. This represents a $9.24 annualized dividend and a yield of 1.4%. Northrop Grumman’s payout ratio is presently 31.72%.

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.