Northrop Grumman (NYSE: NOC) recently received a number of ratings updates from brokerages and research firms:
- 2/3/2025 – Northrop Grumman was upgraded by analysts at Wolfe Research from an “underperform” rating to a “peer perform” rating.
- 2/3/2025 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 1/31/2025 – Northrop Grumman had its price target lowered by analysts at Wells Fargo & Company from $595.00 to $574.00. They now have an “overweight” rating on the stock.
- 1/31/2025 – Northrop Grumman had its price target lowered by analysts at UBS Group AG from $579.00 to $558.00. They now have a “buy” rating on the stock.
- 1/21/2025 – Northrop Grumman was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $587.00 price target on the stock.
- 1/19/2025 – Northrop Grumman was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
- 1/14/2025 – Northrop Grumman is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $544.00 price target on the stock.
- 1/11/2025 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 1/8/2025 – Northrop Grumman had its price target lowered by analysts at Susquehanna from $625.00 to $557.00. They now have a “positive” rating on the stock.
- 1/8/2025 – Northrop Grumman was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $595.00 price target on the stock.
- 1/6/2025 – Northrop Grumman had its price target lowered by analysts at Barclays PLC from $550.00 to $500.00. They now have an “equal weight” rating on the stock.
- 1/3/2025 – Northrop Grumman was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
- 12/24/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 12/14/2024 – Northrop Grumman was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
- 12/11/2024 – Northrop Grumman had its price target lowered by analysts at Wells Fargo & Company from $565.00 to $505.00. They now have an “equal weight” rating on the stock.
Northrop Grumman Price Performance
NYSE NOC opened at $482.79 on Wednesday. The stock has a market capitalization of $69.89 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.91 and a beta of 0.35. Northrop Grumman Co. has a 1-year low of $418.60 and a 1-year high of $555.57. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.01 and a quick ratio of 0.91. The business’s fifty day moving average price is $478.26 and its 200-day moving average price is $499.10.
Northrop Grumman (NYSE:NOC – Get Free Report) last posted its earnings results on Thursday, January 30th. The aerospace company reported $6.39 earnings per share for the quarter, beating analysts’ consensus estimates of $6.27 by $0.12. Northrop Grumman had a return on equity of 26.24% and a net margin of 10.17%. On average, equities analysts predict that Northrop Grumman Co. will post 28.04 earnings per share for the current year.
Northrop Grumman Dividend Announcement
Insiders Place Their Bets
In other Northrop Grumman news, VP Benjamin R. Davies sold 1,156 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $532.93, for a total value of $616,067.08. Following the completion of the sale, the vice president now owns 537 shares in the company, valued at $286,183.41. This represents a 68.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 1,222 shares of company stock worth $647,025. Company insiders own 0.22% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NOC. Trinity Street Asset Management LLP boosted its position in shares of Northrop Grumman by 3.8% in the fourth quarter. Trinity Street Asset Management LLP now owns 48,367 shares of the aerospace company’s stock worth $22,698,000 after purchasing an additional 1,786 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Northrop Grumman in the 3rd quarter worth $604,000. Fisher Asset Management LLC increased its stake in Northrop Grumman by 2.6% in the 3rd quarter. Fisher Asset Management LLC now owns 212,514 shares of the aerospace company’s stock worth $112,222,000 after buying an additional 5,334 shares in the last quarter. AIA Group Ltd raised its holdings in Northrop Grumman by 20.0% during the third quarter. AIA Group Ltd now owns 7,458 shares of the aerospace company’s stock valued at $3,938,000 after acquiring an additional 1,242 shares during the period. Finally, Parsons Capital Management Inc. RI lifted its position in shares of Northrop Grumman by 1,316.9% in the fourth quarter. Parsons Capital Management Inc. RI now owns 16,139 shares of the aerospace company’s stock valued at $7,574,000 after acquiring an additional 15,000 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.
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