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Northrop Grumman
NOC

$442.30
0.96%

Market Cap: 65.5B

 

About: Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Employees: 101,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 20 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

21% more call options, than puts

Call options by funds: $1.12B | Put options by funds: $919M

1% more capital invested

Capital invested by funds: $58.4B [Q4 2023] → $59B (+$619M) [Q1 2024]

0.42% more ownership

Funds ownership: 83.01% [Q4 2023] → 83.43% (+0.42%) [Q1 2024]

9% less repeat investments, than reductions

Existing positions increased: 510 | Existing positions reduced: 559

1% less funds holding

Funds holding: 1,483 [Q4 2023] → 1,464 (-19) [Q1 2024]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 7 (-1) [Q1 2024]

13% less first-time investments, than exits

New positions opened: 122 | Existing positions closed: 141

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$450
2%
upside
Avg. target
$507
15%
upside
High target
$565
28%
upside

9 analyst ratings

positive
33%
neutral
67%
negative
0%
BTIG
Andre Madrid
28%upside
$565
Buy
Initiated
26 Jun 2024
Bernstein
Douglas Harned
8%upside
$477
Market Perform
Downgraded
21 Jun 2024
Wells Fargo
Matthew Akers
17%upside
$518
Equal-Weight
Maintained
30 Apr 2024
RBC Capital
Ken Herbert
7%upside
$475
Sector Perform
Maintained
26 Apr 2024
Susquehanna
Charles Minervino
27%upside
$560
Positive
Maintained
26 Apr 2024

Financial journalist opinion

Based on 20 articles about NOC published over the past 30 days