Northrop Grumman Corp (NYSE: NOC) is 2.79% higher on its value in year-to-date trading and has touched a low of $418.60 and a high of $555.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NOC stock was last observed hovering at around $481.19 in the last trading session, with the day’s gains setting it 1.19%.
Currently trading at $482.38, the stock is 2.96% and -0.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.25% at the moment leaves the stock -0.04% off its SMA200. NOC registered 1.79% gain for a year compared to 6-month gain of 9.73%. The firm has a 50-day simple moving average (SMA 50) of $484.4406 and a 200-day simple moving average (SMA200) of $482.55026.
The stock witnessed a -0.05% loss in the last 1 month and extending the period to 3 months gives it a -9.23%, and is 5.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.02% over the week and 1.79% over the month.
Northrop Grumman Corp (NOC) has around 101000 employees, a market worth around $70.28B and $40.98B in sales. Current P/E ratio is 29.87 and Fwd P/E is 17.16. Profit margin for the company is 5.79%. Distance from 52-week low is 15.24% and -13.17% from its 52-week high. The company has generated returns on investments over the last 12 months (7.60%).
with sales reaching $10.97B over the same period.The EPS is expected to grow by 11.77% this year, but quarterly earnings will post 5.17% year-over-year. Quarterly sales are estimated to grow 3.11% in year-over-year returns.
Northrop Grumman Corp (NOC) Top Institutional Holders
1901.0 institutions hold shares in Northrop Grumman Corp (NOC), with institutional investors hold 83.03% of the company’s shares. The shares outstanding are 145.81M, and float is at 145.38M with Short Float at 1.34%. Institutions hold 82.83% of the Float.
The top institutional shareholder in the company is STATE STREET CORP with over 14.02 million shares valued at $6.11 billion. The investor’s holdings represent 9.4178% of the NOC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.02 million shares valued at $5.24 billion to account for 8.0709 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.28 million shares representing 6.9048% and valued at over $4.48 billion, while CAPITAL INTERNATIONAL INVESTORS holds 5.3577 of the shares totaling 7.98 million with a market value of $3.48 billion.
Northrop Grumman Corp (NOC) Insider Activity
The most recent transaction is an insider sale by WELSH MARK A III, the company’s Director. SEC filings show that WELSH MARK A III sold 33 shares of the company’s common stock on Jan 06 ’25 at a price of $456.74 per share for a total of $15072.0. Following the sale, the insider now owns 4139.0 shares.
Northrop Grumman Corp disclosed in a document filed with the SEC on Dec 05 ’24 that WELSH MARK A III (Director) sold a total of 33 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $481.39 per share for $15886.0. Following the transaction, the insider now directly holds 4155.0 shares of the NOC stock.
Still, SEC filings show that on Dec 05 ’24, Mark Welsh (Affiliate) Proposed Sale 99 shares at an average price of $486.62 for $48175.0. The insider now directly holds shares of Northrop Grumman Corp (NOC).
