Northrop Grumman (NYSE:NOC) Releases FY 2026 Earnings Guidance

Northrop Grumman (NYSE:NOC) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 28.600-29.100 for the period, compared to the consensus EPS estimate of 27.950. The company issued revenue guidance of $43.8 billion-$44.3 billion, compared to the consensus revenue estimate of $44.0 billion.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on NOC shares. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a report on Monday, June 15th. BTIG Research reaffirmed a “buy” rating and issued a $815.00 target price on shares of Northrop Grumman in a report on Wednesday, April 22nd. Wells Fargo & Company reiterated an “overweight” rating and issued a $620.00 price target on shares of Northrop Grumman in a research report on Wednesday, July 8th. Citigroup decreased their price target on shares of Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Finally, The Goldman Sachs Group lowered their price objective on shares of Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Northrop Grumman has a consensus rating of “Moderate Buy” and a consensus target price of $676.29.

Northrop Grumman Stock Up 0.6%

Northrop Grumman stock opened at $524.95 on Tuesday. Northrop Grumman has a twelve month low of $493.84 and a twelve month high of $774.00. The stock has a 50 day moving average of $537.61 and a two-hundred day moving average of $623.79. 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 stock has a market capitalization of $74.56 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 3.53 and a beta of -0.10.

Northrop Grumman (NYSE:NOC) last released 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 $6.84 by $0.84. The business had revenue of $10.88 billion for the quarter, compared to analyst estimates of $10.80 billion. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, research analysts expect that Northrop Grumman will post 27.95 earnings per share for the current year.

Northrop Grumman Increases Dividend

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

Trending Headlines about Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: The company reported Q2 EPS of $7.68, beating Wall Street’s estimate of $6.84, and revenue of $10.88 billion, slightly ahead of expectations. Article Title
• Positive Sentiment: Northrop Grumman raised its 2026 sales and adjusted profit forecast, citing strong weapons demand tied to ongoing global geopolitical conflicts. Article Title
• Neutral Sentiment: The company formally released its second-quarter 2026 financial results and investor materials, confirming the earnings update to shareholders. Article Title
• Neutral Sentiment: Heading into earnings, analysts were watching for a possible decline in EPS, making the actual beat and guidance raise more meaningful for the stock. Article Title

Institutional Trading of Northrop Grumman

Several hedge funds have recently made changes to their positions in NOC. Karpus Management Inc. acquired a new position in shares of Northrop Grumman during the fourth quarter worth about $26,000. Motiv8 Investments LLC acquired a new stake in Northrop Grumman in the fourth quarter valued at about $30,000. EFG International AG acquired a new stake in Northrop Grumman in the fourth quarter valued at about $31,000. Wexford Capital LP purchased a new stake in Northrop Grumman in the 3rd quarter valued at approximately $33,000. Finally, Prosperity Bancshares Inc purchased a new stake in Northrop Grumman in the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 83.40% of the company’s stock.

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.