Northrop Grumman (NOC)

• Market cap: $82.3B
• 1 day: -0.35%
• 5 days: -1.25%
• 1 month: -1.67%
• 3 months: 16.26%
• 6 months: 17.41%
• Year to date: 22.88%
• 1 year: 10.24%
• 5 years: 68.4%
• 10 years: 240.32%
• Sector: Industrials
• Industry: Aerospace & Defense

About: Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. 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. Space systems produces satellites, sensors, space structures, and rocket motors.

Employees: 97,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

27% more call options, than puts

Call options by funds: $598M | Put options by funds: $469M

9.85% more ownership

Funds ownership: 83.21% [Q1] → 93.07% (+9.85%) [Q2]

1% less repeat investments, than reductions

Existing positions increased: 593 | Existing positions reduced: 600

2% less capital invested

Capital invested by funds: $61.6B [Q1] → $60.4B (-$1.17B) [Q2]

3% less funds holding

Funds holding: 1,646 [Q1] → 1,590 (-56) [Q2]

20% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 135

33% less funds holding in top 10

Funds holding in top 10: 9 [Q1] → 6 (-3) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $542
• Avg. target: $603
• High target: $650

8 analyst ratings

• positive: 4 50%
• neutral: 4 50%
• negative: 0 0%

Barclays David Strauss	$580	Equal-Weight Maintained	29 Jul 2025
JP Morgan Seth Seifman	$585	Neutral Maintained	23 Jul 2025
Truist Securities Michael Ciarmoli	$625	Buy Reiterated	23 Jul 2025
RBC Capital Ken Herbert	$625	Outperform Maintained	23 Jul 2025
Susquehanna Charles Minervino	$650	Positive Maintained	23 Jul 2025