Western Wealth Management LLC Sells 1,906 Shares of Northrop Grumman Corporation $NOC

Western Wealth Management LLC trimmed its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 40.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,769 shares of the aerospace company’s stock after selling 1,906 shares during the quarter. Western Wealth Management LLC’s holdings in Northrop Grumman were worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Roberts Glore & Co. Inc. IL increased its position in Northrop Grumman by 9.6% during the second quarter. Roberts Glore & Co. Inc. IL now owns 1,047 shares of the aerospace company’s stock valued at $533,000 after acquiring an additional 92 shares during the last quarter. Valtrion Capital Management LLC grew its stake in shares of Northrop Grumman by 2.2% during the 2nd quarter. Valtrion Capital Management LLC now owns 1,029 shares of the aerospace company’s stock valued at $524,000 after purchasing an additional 22 shares during the period. Jupiter Topco LLC bought a new stake in shares of Northrop Grumman during the 2nd quarter valued at about $3,308,000. Legal & General Group Plc increased its position in shares of Northrop Grumman by 2.2% during the 2nd quarter. Legal & General Group Plc now owns 747,121 shares of the aerospace company’s stock valued at $380,516,000 after purchasing an additional 16,195 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Northrop Grumman by 40.1% during the 2nd quarter. Jones Financial Companies Lllp now owns 78,123 shares of the aerospace company’s stock valued at $39,068,000 after purchasing an additional 22,365 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

NYSE:NOC opened at $542.70 on Wednesday. The business’s 50-day simple moving average is $541.38 and its two-hundred day simple moving average is $607.38. Northrop Grumman Corporation has a 52 week low of $479.02 and a 52 week high of $774.00. The stock has a market cap of $77.08 billion, a PE ratio of 17.24, a P/E/G ratio of 3.56 and a beta of -0.11. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, topping analysts’ consensus estimates of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The firm had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the prior year, the company posted $8.15 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, analysts forecast that Northrop Grumman Corporation will post 28.97 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be issued a dividend of $2.47 per share. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

Analyst Ratings Changes

A number of analysts have commented on NOC shares. Robert W. Baird set a $500.00 target price on shares of Northrop Grumman in a report on Wednesday, July 22nd. Sanford C. Bernstein restated a “market perform” rating and issued a $653.00 price objective on shares of Northrop Grumman in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lowered their target price on Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. UBS Group raised their price objective on Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Finally, Citigroup increased their target price on shares of Northrop Grumman from $617.00 to $667.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Northrop Grumman currently has a consensus rating of “Moderate Buy” and a consensus target price of $661.30.

Northrop Grumman News Summary

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

• Positive Sentiment: CEO Kathy Warden said Northrop expects to win a “decent share” of the potential $1 trillion Golden Dome space-based missile-defense program. A meaningful award could materially expand the company’s backlog and support long-term growth, although no specific contract has been announced. NOC Stock Inches Ahead — Northrop CEO Reportedly Eyes ‘Decent Share’ In Potential $1 Trillion Golden Dome Defense Contracts
• Positive Sentiment: Warden described Northrop as operating on a “wartime footing” and highlighted rising geopolitical tensions, active conflicts and global defense-spending growth. The comments reinforce expectations for sustained demand across missiles, space systems and other strategic-defense programs. Northrop Grumman Is on a Wartime Footing, CEO Says
• Positive Sentiment: A separate interview emphasized Northrop’s work with the Trump administration on Golden Dome and the broader defense-spending cycle, potentially improving the company’s positioning for future U.S. awards. Northrop CEO on Defense Spending, Golden Dome System
• Positive Sentiment: Analyst commentary characterizes Northrop as a strategic defense holding benefiting from missile demand, space investment and broader defense growth. Northrop Grumman: A Strategic Play On Defense Growth And Missile Demand
• Neutral Sentiment: The administration’s $1.55 billion rare-earth initiative could strengthen the domestic defense supply chain and benefit major contractors such as Northrop, but the direct financial impact on NOC is not yet clear. Why Trump’s $1.55 Billion Rare Earth Move Matters for Lockheed Martin, RTX and Northrop Grumman
• Negative Sentiment: Recent comparisons with Lockheed Martin note that both companies benefit from defense demand but compete with different backlogs, growth rates and international exposure. This may limit NOC’s relative appeal, particularly while Golden Dome opportunities remain uncontracted. LMT vs. NOC: Which Defense Stock Offers Better Growth Prospects?

Insider Transactions at Northrop Grumman

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director owned 4,393 shares in the company, valued at $2,405,299.29. This trade represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.

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.