O Domhnaill Enterprises Inc. Buys Shares of 1,944 Northrop Grumman Corporation $NOC

O Domhnaill Enterprises Inc. bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,944 shares of the aerospace company’s stock, valued at approximately $1,326,000. Northrop Grumman accounts for about 1.1% of O Domhnaill Enterprises Inc.’s portfolio, making the stock its 28th largest holding.

Several other large investors also recently modified their holdings of NOC. Torren Management LLC bought a new position in Northrop Grumman during the fourth quarter valued at $26,000. Karpus Management Inc. purchased a new position in shares of Northrop Grumman during the 4th quarter valued at $26,000. Financial Life Planners purchased a new position in shares of Northrop Grumman during the 3rd quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Northrop Grumman during the 4th quarter worth $29,000. Finally, Motiv8 Investments LLC bought a new position in shares of Northrop Grumman during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC stock traded down $0.20 on Tuesday, reaching $547.55. The company’s stock had a trading volume of 140,597 shares, compared to its average volume of 948,696. The company has a market capitalization of $77.77 billion, a P/E ratio of 17.10, a PEG ratio of 3.74 and a beta of -0.10. Northrop Grumman Corporation has a 12-month low of $493.84 and a 12-month high of $774.00. The stock’s 50 day simple moving average is $544.85 and its 200-day simple moving average is $626.92. 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 (NYSE:NOC) last announced its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, topping analysts’ consensus estimates of $6.06 by $0.08. The business had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company earned $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities analysts predict that Northrop Grumman Corporation will post 27.95 earnings per share for the current fiscal year.

Northrop Grumman Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were given a dividend of $2.47 per share. The ex-dividend date was Monday, June 1st. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is presently 30.92%.

Analyst Ratings Changes

A number of brokerages recently issued reports on NOC. Jefferies Financial Group lowered their price objective on Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a research note on Friday, June 26th. Weiss Ratings downgraded shares of Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 18th. Morgan Stanley reduced their target price on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. Finally, Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $698.37.

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.