It’s been a crucial week for Northrop Grumman Corporation (NYSE:NOC); here’s what analysts have to say.

November 10, 2018 - By Jeanette Kaplan

Northrop Grumman Corporation (NYSE:NOC) LogoInvestors sentiment increased to 1.01 in Q2 2018. Its up 0.13, from 0.88 in 2018Q1. It is positive, as 53 investors sold Northrop Grumman Corporation shares while 273 reduced holdings. 96 funds opened positions while 234 raised stakes. 137.09 million shares or 0.52% less from 137.81 million shares in 2018Q1 were reported.
163,410 were accumulated by Natl Pension Serv. Rnc Management owns 0.02% invested in Northrop Grumman Corporation (NYSE:NOC) for 862 shares. Laurion Capital Mgmt L P holds 14,563 shares. 28,918 are held by Employees Retirement Association Of Colorado. Ls Inv Advsrs Ltd Liability Company has invested 0.13% in Northrop Grumman Corporation (NYSE:NOC). Moreover, Modera Wealth Limited Liability Com has 0.1% invested in Northrop Grumman Corporation (NYSE:NOC) for 1,465 shares. Burt Wealth holds 0.04% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 275 shares. Royal Financial Bank Of Canada reported 739,783 shares. Ferguson Wellman Capital Mngmt holds 0.01% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 1,301 shares. M&T National Bank owns 0.05% invested in Northrop Grumman Corporation (NYSE:NOC) for 27,784 shares. The Texas-based Texas Permanent School Fund has invested 0.18% in Northrop Grumman Corporation (NYSE:NOC). Dorsey & Whitney Company Limited Company accumulated 1,197 shares. Baker Avenue Asset Mngmt Limited Partnership has 19,067 shares for 0.51% of their portfolio. Bridgeway Mgmt, Texas-based fund reported 700 shares. Macnealy Hoover Inv Mgmt Incorporated holds 5,897 shares.

Since July 30, 2018, it had 0 insider buys, and 4 insider sales for $4.59 million activity. On Monday, September 17 Antkowiak Patrick M. sold $1.59 million worth of Northrop Grumman Corporation (NYSE:NOC) or 5,137 shares. Perry David T sold $1.33M worth of Northrop Grumman Corporation (NYSE:NOC) on Monday, July 30. Kalan Lesley A sold $319,521 worth of stock or 1,065 shares.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 7 analysts covering Northrop (NYSE:NOC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Northrop had 9 analyst reports since May 22, 2018 according to SRatingsIntel. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by Jefferies on Tuesday, October 30. On Tuesday, July 31 the stock rating was upgraded by Buckingham Research to “Buy”. Credit Suisse maintained the stock with “Neutral” rating in Friday, July 27 report. The rating was maintained by Credit Suisse with “Hold” on Tuesday, May 22. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Overweight” rating by JP Morgan on Friday, July 27. As per Friday, June 22, the company rating was maintained by Robert W. Baird. The rating was maintained by Citigroup with “Buy” on Thursday, October 25. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Neutral” rating by Credit Suisse on Wednesday, June 27. Below is a list of Northrop Grumman Corporation (NYSE:NOC) latest ratings and price target changes.

30/10/2018 Broker: Jefferies Old Rating: Buy New Rating: Buy Old Target: $400 New Target: $324 Maintain
25/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $370 New Target: $350 Maintain
16/08/2018 Broker: UBS Rating: Neutral New Target: $315 Initiates Coverage On
31/07/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Buy Old Target: $246 New Target: $371 Upgrade
27/07/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $341 New Target: $326 Maintain
27/07/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $375 New Target: $360 Maintain
27/06/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $326 New Target: $341 Maintain
22/06/2018 Broker: Robert W. Baird Rating: Buy New Target: $394.0000 Maintain
22/05/2018 Broker: Credit Suisse Rating: Hold New Target: $326.0000 Maintain

The stock increased 0.60% or $1.7 during the last trading session, reaching $285.73. About 786,520 shares traded. Northrop Grumman Corporation (NYSE:NOC) has risen 12.85% since November 10, 2017 and is uptrending. It has underperformed by 2.77% the S&P500.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $49.61 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 22.4 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

More important recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Bizjournals.com which released: “Local rocket, spacecraft builders hiring 400+ workers” on October 18, 2018, also Seekingalpha.com published article titled: “Northrop announces $1B repurchase agreement”, Bizjournals.com published: “Boeing, Northrop Grumman among firms that win $201.6M in military deals” on October 26, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) was released by: Seekingalpha.com and their article: “Midterm Elections – Cramer’s Mad Money (11/6/18)” with publication date: November 07, 2018.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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