Northrop Grumman Corporation $NOC Shares Bought by Militia Capital Partners LP

Militia Capital Partners LP raised its holdings in Northrop Grumman Corporation (NYSE:NOC) by 162.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,840 shares of the aerospace company’s stock after acquiring an additional 1,140 shares during the period. Militia Capital Partners LP’s holdings in Northrop Grumman were worth $1,049,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Northrop Grumman by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 13,740,721 shares of the aerospace company’s stock worth $7,835,097,000 after buying an additional 209,135 shares during the last quarter. Capital World Investors increased its holdings in shares of Northrop Grumman by 39.4% during the 4th quarter. Capital World Investors now owns 3,434,041 shares of the aerospace company’s stock worth $1,958,151,000 after buying an additional 970,029 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Northrop Grumman by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 3,149,478 shares of the aerospace company’s stock worth $1,793,478,000 after buying an additional 17,948 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Northrop Grumman by 4.3% during the 4th quarter. Franklin Resources Inc. now owns 3,125,139 shares of the aerospace company’s stock worth $1,781,986,000 after buying an additional 128,855 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Northrop Grumman by 0.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,624,658 shares of the aerospace company’s stock worth $990,046,000 after buying an additional 4,844 shares during the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Stock Performance

NYSE:NOC opened at $551.67 on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. The stock has a market capitalization of $78.35 billion, a P/E ratio of 17.27, a PEG ratio of 3.72 and a beta of -0.12. The company has a 50 day moving average price of $583.62 and a 200 day moving average price of $630.55. Northrop Grumman Corporation has a fifty-two week low of $481.28 and a fifty-two week high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data 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. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same quarter last year, the company posted $6.06 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities research analysts forecast that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st will be given a $2.47 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $9.88 annualized dividend and a yield of 1.8%. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. Northrop Grumman’s dividend payout ratio is 30.92%.

Wall Street Analyst Weigh In

NOC has been the subject of a number of recent analyst reports. Citigroup cut their price target on shares of Northrop Grumman from $742.00 to $628.00 and set a “buy” rating for the company in a report on Monday, May 18th. Jefferies Financial Group cut their price target on shares of Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a report on Tuesday, May 26th. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a report on Monday. Wall Street Zen downgraded shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Weiss Ratings downgraded shares of Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $702.63.

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.