4,214 Shares in Northrop Grumman Corporation $NOC Bought by Themes Management Co LLC

Themes Management Co LLC purchased a new stake in Northrop Grumman Corporation (NYSE:NOC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,214 shares of the aerospace company’s stock, valued at approximately $2,403,000. Northrop Grumman makes up about 1.8% of Themes Management Co LLC’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Diversified Portfolios Inc. boosted its position in shares of Northrop Grumman by 0.9% during the 4th quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock worth $1,020,000 after purchasing an additional 16 shares in the last quarter. Ellerson Group Inc. ADV increased its position in Northrop Grumman by 10.5% in the 4th quarter. Ellerson Group Inc. ADV now owns 1,103 shares of the aerospace company’s stock valued at $629,000 after buying an additional 105 shares in the last quarter. Harbour Investments Inc. increased its position in Northrop Grumman by 228.5% in the 4th quarter. Harbour Investments Inc. now owns 8,463 shares of the aerospace company’s stock valued at $4,825,000 after buying an additional 5,887 shares in the last quarter. Allstate Corp raised its stake in Northrop Grumman by 105.5% during the 4th quarter. Allstate Corp now owns 10,206 shares of the aerospace company’s stock worth $5,820,000 after buying an additional 5,239 shares during the period. Finally, MSH Capital Advisors LLC acquired a new position in Northrop Grumman during the 4th quarter worth approximately $239,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Up 0.1%

Shares of NYSE NOC opened at $556.01 on Tuesday. The stock has a market capitalization of $78.97 billion, a PE ratio of 17.40, a P/E/G ratio of 3.79 and a beta of -0.11. Northrop Grumman Corporation has a one year low of $468.29 and a one year high of $774.00. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04. The business’s fifty day moving average price is $633.00 and its 200-day moving average price is $632.65.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $0.08. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the previous year, the firm posted $6.06 earnings per share. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, equities research analysts anticipate that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st will be given a $2.47 dividend. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. The ex-dividend date is Monday, June 1st. Northrop Grumman’s dividend payout ratio (DPR) is presently 28.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on NOC shares. Vertical Research reissued a “hold” rating and issued a $688.00 price objective on shares of Northrop Grumman in a research note on Tuesday, January 27th. Citigroup lowered their target price on Northrop Grumman from $742.00 to $628.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Jefferies Financial Group set a $660.00 target price on Northrop Grumman in a report on Sunday, April 26th. UBS Group decreased their price target on shares of Northrop Grumman from $806.00 to $745.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada upped their price objective on shares of Northrop Grumman from $715.00 to $750.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $704.74.

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.