Moody Lynn & Lieberson LLC Has $14.14 Million Position in Northrop Grumman Corporation $NOC

Moody Lynn & Lieberson LLC decreased its position in shares of Northrop Grumman Corporation (NYSE:NOC) by 14.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 24,805 shares of the aerospace company’s stock after selling 4,029 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Northrop Grumman were worth $14,144,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Focused Investors LLC raised its holdings in Northrop Grumman by 4.1% during the 3rd quarter. Focused Investors LLC now owns 211,800 shares of the aerospace company’s stock worth $129,054,000 after purchasing an additional 8,300 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Northrop Grumman by 74.5% in the 3rd quarter. Merit Financial Group LLC now owns 11,060 shares of the aerospace company’s stock valued at $6,739,000 after purchasing an additional 4,721 shares during the last quarter. Huntleigh Advisors Inc. bought a new position in shares of Northrop Grumman in the 3rd quarter valued at about $2,818,000. Oak Thistle LLC acquired a new stake in shares of Northrop Grumman during the 3rd quarter worth approximately $1,015,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Northrop Grumman by 4.1% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 81,747 shares of the aerospace company’s stock worth $49,810,000 after buying an additional 3,215 shares during the period. 83.40% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Bank of America increased their price objective on shares of Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Jefferies Financial Group lifted their target price on shares of Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. UBS Group upped their target price on shares of Northrop Grumman from $777.00 to $778.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Sanford C. Bernstein reissued a “market perform” rating and issued a $727.00 price target on shares of Northrop Grumman in a research note on Monday, January 12th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Northrop Grumman in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $693.60.

Northrop Grumman Price Performance

NOC opened at $681.45 on Wednesday. The stock has a market cap of $96.71 billion, a P/E ratio of 23.39, a P/E/G ratio of 4.99 and a beta of 0.03. Northrop Grumman Corporation has a 12 month low of $450.13 and a 12 month high of $774.00. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.91. The company has a fifty day simple moving average of $707.88 and a 200 day simple moving average of $629.61.

Northrop Grumman (NYSE:NOC) last posted its earnings results on Tuesday, January 27th. The aerospace company reported $7.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The firm had revenue of $11.71 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the firm earned $6.39 earnings per share. The company’s revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, research analysts expect that Northrop Grumman Corporation will post 28.05 EPS for the current year.

Northrop Grumman Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Monday, February 23rd were given a $2.31 dividend. The ex-dividend date was Monday, February 23rd. This represents a $9.24 annualized dividend and a dividend yield of 1.4%. Northrop Grumman’s payout ratio is currently 31.72%.

Insiders Place Their Bets

In other news, CAO Michael A. Hardesty sold 147 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total value of $107,748.06. Following the completion of the transaction, the chief accounting officer owned 2,525 shares in the company, valued at $1,850,774.50. This represents a 5.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kathy J. Warden sold 20,000 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the sale, the chief executive officer directly owned 171,602 shares of the company’s stock, valued at $121,634,929.64. This represents a 10.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,431 shares of company stock valued at $21,969,404 in the last quarter. 0.23% of the stock is owned by company insiders.

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.