BDFS Capital LLC Makes New Investment in Northrop Grumman Corporation $NOC

BDFS Capital LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,366 shares of the aerospace company’s stock, valued at approximately $1,919,000. Northrop Grumman comprises approximately 1.0% of BDFS Capital LLC’s holdings, making the stock its 15th largest position.

Several other large investors also recently modified their holdings of NOC. Financial Life Planners acquired a new position in shares of Northrop Grumman in the third quarter worth about $27,000. Torren Management LLC acquired a new stake in Northrop Grumman during the 4th quarter valued at approximately $26,000. Karpus Management Inc. purchased a new stake in Northrop Grumman during the 4th quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Northrop Grumman during the 4th quarter worth approximately $29,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of Northrop Grumman in the 3rd quarter valued at approximately $32,000. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Northrop Grumman Price Performance

Shares of NOC opened at $521.85 on Friday. The firm has a market cap of $74.12 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 3.75 and a beta of -0.12. The stock has a 50 day moving average of $577.31 and a 200-day moving average of $630.06. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 0.84. Northrop Grumman Corporation has a 52 week low of $481.28 and a 52 week high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.06 by $0.08. Northrop Grumman had a return on equity of 24.72% and a net margin of 10.80%.The business had revenue of $9.88 billion for the quarter, compared to analyst estimates of $9.75 billion. During the same period in the prior year, the company posted $6.06 EPS. The business’s revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, analysts forecast that Northrop Grumman Corporation will post 27.93 EPS for the current year.

Northrop Grumman Increases Dividend

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

Analyst Ratings Changes

Several research firms have recently commented on NOC. Weiss Ratings cut Northrop Grumman from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Raymond James Financial restated an “outperform” rating on shares of Northrop Grumman in a research note on Monday. BTIG Research reiterated a “buy” rating and set a $815.00 price objective on shares of Northrop Grumman in a research note on Wednesday, April 22nd. Wells Fargo & Company started coverage on shares of Northrop Grumman in a report on Wednesday, April 1st. They set an “overweight” rating and a $800.00 price objective for the company. Finally, Morgan Stanley dropped their target price on shares of Northrop Grumman from $765.00 to $745.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Two 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $702.63.

Northrop Grumman Company 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.