1,100 Shares in Northrop Grumman Corporation $NOC Acquired by Meadowbrook Advisors Group LLC

Meadowbrook Advisors Group LLC acquired a new stake in shares of Northrop Grumman Corporation (NYSE:NOC) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,100 shares of the aerospace company’s stock, valued at approximately $627,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Financial Life Planners acquired a new position in shares of Northrop Grumman during the 3rd quarter worth $27,000. Torren Management LLC acquired a new stake in shares of Northrop Grumman in the 4th quarter valued at $26,000. Karpus Management Inc. acquired a new stake in shares of Northrop Grumman in the 4th quarter valued at $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in Northrop Grumman in the fourth quarter worth $29,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in Northrop Grumman in the third quarter worth $32,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Price Performance

NYSE NOC opened at $521.85 on Friday. Northrop Grumman Corporation has a 1 year low of $481.28 and a 1 year high of $774.00. The company has a fifty day simple moving average of $574.00 and a 200 day simple moving average of $629.31. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. The company has a market cap of $74.12 billion, a P/E ratio of 16.33, a P/E/G ratio of 3.56 and a beta of -0.12.

Northrop Grumman (NYSE:NOC) last announced its earnings results on Tuesday, April 21st. The aerospace company reported $6.14 EPS for the quarter, topping the consensus estimate of $6.06 by $0.08. The firm had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $6.06 EPS. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, sell-side analysts predict that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were paid a $2.47 dividend. The ex-dividend date was Monday, June 1st. This is a boost from Northrop Grumman’s previous quarterly dividend of $2.31. This represents a $9.88 dividend on an annualized basis and a dividend yield of 1.9%. Northrop Grumman’s dividend payout ratio is presently 30.92%.

Analyst Ratings Changes

Several equities analysts have commented on NOC shares. Weiss Ratings downgraded shares of Northrop Grumman from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Jefferies Financial Group reduced their price target on Northrop Grumman from $660.00 to $620.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Citigroup decreased their price target on Northrop Grumman from $742.00 to $628.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Morgan Stanley lowered their price objective on Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.