MASTERINVEST Kapitalanlage GmbH Buys New Position in Northrop Grumman Corporation $NOC

MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 1,236 shares of the aerospace company’s stock, valued at approximately $630,000.

Several other hedge funds have also modified their holdings of NOC. Proficio Capital Partners LLC purchased a new position in shares of Northrop Grumman in the second quarter worth approximately $411,000. Pure Financial Advisors LLC acquired a new position in shares of Northrop Grumman in the 2nd quarter valued at about $2,515,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Northrop Grumman in the second quarter worth approximately $59,000. Corient Private Wealth LP purchased a new stake in shares of Northrop Grumman in the second quarter worth approximately $44,039,000. Finally, Perennial Investment Advisors LLC acquired a new stake in shares of Northrop Grumman during the second quarter worth approximately $206,000. 83.40% of the stock is owned by hedge funds and other institutional investors.

Northrop Grumman Price Performance

NYSE NOC opened at $545.83 on Friday. Northrop Grumman Corporation has a fifty-two week low of $479.02 and a fifty-two week high of $774.00. The stock’s 50-day moving average is $542.33 and its two-hundred day moving average is $604.78. The firm has a market cap of $77.52 billion, a P/E ratio of 17.34, a price-to-earnings-growth ratio of 3.53 and a beta of -0.11. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.82 by $0.86. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the business posted $8.15 EPS. Northrop Grumman’s 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. On average, analysts anticipate that Northrop Grumman Corporation will post 28.97 earnings per share for the current fiscal year.

Northrop Grumman Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Monday, August 31st will be given a $2.47 dividend. This represents a $9.88 annualized dividend 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%.

Insiders Place Their Bets

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction dated 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 directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

NOC has been the subject of a number of research analyst reports. Robert W. Baird set a $500.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. dropped their price target on shares of Northrop Grumman from $635.00 to $600.00 and set a “neutral” rating on the stock in a research note on Thursday, July 23rd. Citigroup lifted their price objective on Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $620.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 8th. Finally, The Goldman Sachs Group cut their price target on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and a consensus target price of $661.30.

Northrop Grumman 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.