Northrop Grumman Co. (NYSE:NOC) Stock Holdings Raised by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. lifted its stake in shares of Northrop Grumman Co. (NYSE:NOC - Free Report) by 56.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,384 shares of the aerospace company's stock after purchasing an additional 1,216 shares during the period. Coldstream Capital Management Inc.'s holdings in Northrop Grumman were worth $1,588,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of NOC. Whipplewood Advisors LLC acquired a new position in shares of Northrop Grumman in the 4th quarter worth approximately $31,000. Albion Financial Group UT acquired a new position in Northrop Grumman in the fourth quarter worth $33,000. Modus Advisors LLC bought a new stake in Northrop Grumman during the fourth quarter valued at $38,000. Stonebridge Financial Group LLC acquired a new stake in shares of Northrop Grumman during the fourth quarter worth $42,000. Finally, Rakuten Securities Inc. lifted its position in shares of Northrop Grumman by 291.7% in the 4th quarter. Rakuten Securities Inc. now owns 94 shares of the aerospace company's stock worth $44,000 after buying an additional 70 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NOC has been the topic of a number of recent research reports. The Goldman Sachs Group raised shares of Northrop Grumman from a "sell" rating to a "neutral" rating and raised their target price for the stock from $424.00 to $521.00 in a report on Friday, April 11th. Truist Financial cut their price target on Northrop Grumman from $600.00 to $550.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Susquehanna lowered their price objective on Northrop Grumman from $557.00 to $540.00 and set a "positive" rating for the company in a research note on Wednesday, April 23rd. StockNews.com cut Northrop Grumman from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, Wolfe Research upgraded shares of Northrop Grumman from an "underperform" rating to a "peer perform" rating in a research report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Northrop Grumman has a consensus rating of "Moderate Buy" and a consensus price target of $545.31.

Northrop Grumman Stock Performance

Shares of NYSE NOC opened at $473.38 on Monday. Northrop Grumman Co. has a 1 year low of $418.60 and a 1 year high of $555.57. The firm has a market cap of $68.13 billion, a P/E ratio of 16.70, a PEG ratio of 3.73 and a beta of 0.20. The stock has a fifty day moving average price of $491.64 and a two-hundred day moving average price of $489.69. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.91 and a current ratio of 1.01.

Northrop Grumman (NYSE:NOC - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The aerospace company reported $6.06 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.27). Northrop Grumman had a net margin of 10.17% and a return on equity of 26.24%. The firm had revenue of $9.47 billion for the quarter, compared to the consensus estimate of $10.07 billion. Research analysts forecast that Northrop Grumman Co. will post 28.05 EPS for the current fiscal year.

Northrop Grumman Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were issued a $2.06 dividend. This represents a $8.24 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Monday, March 3rd. Northrop Grumman's payout ratio is 32.52%.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, VP Benjamin R. Davies sold 192 shares of the business's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $429.08, for a total transaction of $82,383.36. Following the sale, the vice president now owns 709 shares in the company, valued at approximately $304,217.72. The trade was a 21.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kathy J. Warden sold 3,750 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $475.65, for a total transaction of $1,783,687.50. Following the sale, the chief executive officer now directly owns 212,852 shares of the company's stock, valued at $101,243,053.80. This represents a 1.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,505 shares of company stock valued at $2,127,182 over the last three months. Company insiders own 0.23% of the company's stock.

Northrop Grumman Company Profile

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

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