LVM Capital Management Ltd. MI Purchases 1,199 Shares of Northrop Grumman Corporation $NOC

LVM Capital Management Ltd. MI boosted its position in Northrop Grumman Corporation (NYSE:NOC) by 3.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,145 shares of the aerospace company’s stock after purchasing an additional 1,199 shares during the period. Northrop Grumman accounts for about 1.7% of LVM Capital Management Ltd. MI’s portfolio, making the stock its 17th biggest holding. LVM Capital Management Ltd. MI’s holdings in Northrop Grumman were worth $20,446,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new position in shares of Northrop Grumman in the first quarter valued at approximately $30,000. Torren Management LLC bought a new position in Northrop Grumman in the 4th quarter valued at approximately $26,000. Karpus Management Inc. acquired a new stake in Northrop Grumman during the 4th quarter worth approximately $26,000. Whipplewood Advisors LLC boosted its position in Northrop Grumman by 380.0% during the 1st quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock worth $33,000 after buying an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Northrop Grumman during the 4th quarter worth approximately $29,000. 83.40% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NOC. Wall Street Zen cut shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 25th. UBS Group lifted their price target on shares of Northrop Grumman from $666.00 to $685.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research note on Monday, June 15th. The Goldman Sachs Group decreased their price objective on Northrop Grumman from $603.00 to $533.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Finally, Citigroup lowered their target price on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $655.30.

Northrop Grumman Stock Performance

Shares of Northrop Grumman stock opened at $577.11 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average price of $535.65 and a two-hundred day moving average price of $616.08. Northrop Grumman Corporation has a 1-year low of $479.02 and a 1-year high of $774.00. The company has a market cap of $81.97 billion, a P/E ratio of 18.33, a PEG ratio of 3.70 and a beta of -0.11.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.82 by $0.86. The company had revenue of $10.88 billion for the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The firm’s revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $8.15 EPS. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, analysts anticipate that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Northrop Grumman Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Monday, June 1st were given a dividend of $2.47 per share. 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. This represents a $9.88 annualized dividend and a dividend yield of 1.7%. Northrop Grumman’s payout ratio is 31.39%.

Insider Buying and Selling at Northrop Grumman

In related news, Director Mark A. Welsh III sold 95 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total transaction of $52,015.35. Following the transaction, the director owned 4,393 shares in the company, valued at $2,405,299.29. The trade was a 2.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.

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.