United Capital Financial Advisors LLC Invests $4.10 Million in Northrop Grumman Corporation $NOC

United Capital Financial Advisors LLC acquired a new stake in Northrop Grumman Corporation (NYSE:NOC) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 8,046 shares of the aerospace company’s stock, valued at approximately $4,098,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Kestra Investment Management LLC raised its stake in shares of Northrop Grumman by 4.4% during the fourth quarter. Kestra Investment Management LLC now owns 353 shares of the aerospace company’s stock valued at $201,000 after acquiring an additional 15 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in shares of Northrop Grumman by 6.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 235 shares of the aerospace company’s stock worth $134,000 after purchasing an additional 15 shares during the last quarter. Diversified Portfolios Inc. grew its stake in shares of Northrop Grumman by 0.9% in the fourth quarter. Diversified Portfolios Inc. now owns 1,789 shares of the aerospace company’s stock worth $1,020,000 after purchasing an additional 16 shares during the last quarter. South Plains Financial Inc. increased its holdings in Northrop Grumman by 1.8% in the fourth quarter. South Plains Financial Inc. now owns 896 shares of the aerospace company’s stock valued at $511,000 after purchasing an additional 16 shares during the period. Finally, Tobias Financial Advisors Inc. increased its holdings in Northrop Grumman by 4.7% in the fourth quarter. Tobias Financial Advisors Inc. now owns 379 shares of the aerospace company’s stock valued at $216,000 after purchasing an additional 17 shares during the period. 83.40% of the stock is owned by institutional investors.

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark A. Welsh III sold 95 shares of Northrop Grumman stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the sale, 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 SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by corporate insiders.

Northrop Grumman Stock Up 0.1%

Shares of NYSE:NOC opened at $545.83 on Friday. Northrop Grumman Corporation has a 1 year low of $479.02 and a 1 year high of $774.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06. The business’s 50-day moving average is $542.33 and its 200-day moving average is $604.78. The company has a market capitalization of $77.52 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 3.53 and a beta of -0.11.

Northrop Grumman (NYSE:NOC) last released its earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping the consensus estimate of $6.82 by $0.86. The business had revenue of $10.88 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the firm posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Equities research analysts predict that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Northrop Grumman Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Monday, August 31st will be given a dividend of $2.47 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $9.88 annualized dividend and a dividend yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

Wall Street Analyst Weigh In

NOC has been the topic of several recent research reports. Susquehanna cut their target price on Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a report on Wednesday, July 22nd. Morgan Stanley set a $745.00 price target on Northrop Grumman in a research note on Wednesday, July 15th. TD Cowen lifted their price objective on Northrop Grumman from $550.00 to $590.00 and gave the stock a “hold” rating in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft set a $615.00 target price on shares of Northrop Grumman in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group lowered their price target on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating for the company in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $661.30.

Northrop Grumman 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.