Q1 EPS Estimates for Northrop Grumman Cut by Seaport Res Ptn

Northrop Grumman Co. (NYSE:NOC) – Analysts at Seaport Res Ptn dropped their Q1 2025 earnings per share estimates for Northrop Grumman in a report issued on Thursday, January 30th. Seaport Res Ptn analyst R. Safran now forecasts that the aerospace company will post earnings of $6.42 per share for the quarter, down from their previous estimate of $6.51. The consensus estimate for Northrop Grumman’s current full-year earnings is $28.04 per share. Seaport Res Ptn also issued estimates for Northrop Grumman’s Q2 2025 earnings at $6.65 EPS, Q3 2025 earnings at $6.88 EPS, Q4 2025 earnings at $7.70 EPS and FY2025 earnings at $27.64 EPS.

Several other research firms have also commented on NOC. Barclays lowered their price target on shares of Northrop Grumman from $550.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Monday, January 6th. TD Cowen upgraded Northrop Grumman to a “hold” rating in a report on Tuesday, October 8th. StockNews.com cut Northrop Grumman from a “strong-buy” rating to a “buy” rating in a report on Monday. Truist Financial started coverage on Northrop Grumman in a research note on Tuesday, January 14th. They set a “buy” rating and a $544.00 price objective on the stock. Finally, Royal Bank of Canada boosted their target price on shares of Northrop Grumman from $500.00 to $540.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Northrop Grumman has an average rating of “Moderate Buy” and an average price target of $544.31.

Northrop Grumman Stock Performance

NYSE:NOC opened at $482.79 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.91 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $69.89 billion, a P/E ratio of 17.04, a price-to-earnings-growth ratio of 0.91 and a beta of 0.35. The firm has a 50-day moving average price of $478.26 and a two-hundred day moving average price of $499.10. Northrop Grumman has a twelve month low of $418.60 and a twelve month high of $555.57.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings results on Thursday, January 30th. The aerospace company reported $6.39 earnings per share for the quarter, beating analysts’ consensus estimates of $6.27 by $0.12. Northrop Grumman had a return on equity of 26.24% and a net margin of 10.17%.

Hedge Funds Weigh In On Northrop Grumman

Several hedge funds and other institutional investors have recently bought and sold shares of NOC. Czech National Bank boosted its position in Northrop Grumman by 5.6% in the 3rd quarter. Czech National Bank now owns 28,004 shares of the aerospace company’s stock valued at $14,788,000 after buying an additional 1,495 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Northrop Grumman by 24.1% in the third quarter. GAMMA Investing LLC now owns 2,789 shares of the aerospace company’s stock valued at $1,473,000 after purchasing an additional 541 shares during the last quarter. Diversified Trust Co grew its stake in Northrop Grumman by 2.8% during the 3rd quarter. Diversified Trust Co now owns 2,016 shares of the aerospace company’s stock valued at $1,065,000 after purchasing an additional 54 shares in the last quarter. Everpar Advisors LLC purchased a new stake in Northrop Grumman during the 3rd quarter worth approximately $223,000. Finally, Lakeridge Wealth Management LLC acquired a new position in shares of Northrop Grumman in the 3rd quarter valued at approximately $227,000. 83.40% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Benjamin R. Davies sold 1,156 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $532.93, for a total value of $616,067.08. Following the completion of the sale, the vice president now owns 537 shares of the company’s stock, valued at $286,183.41. This represents a 68.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 1,222 shares of company stock valued at $647,025 in the last ninety days. Company insiders own 0.22% of the company’s stock.

Northrop Grumman Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 2nd were issued a $2.06 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $8.24 dividend on an annualized basis and a dividend yield of 1.71%. Northrop Grumman’s dividend payout ratio (DPR) is presently 29.08%.

Northrop Grumman announced that its Board of Directors has initiated a share repurchase program on Wednesday, December 11th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the aerospace company to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

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.