Earnings Beat Triggers Selloff: Northrop Grumman surpassed Q1 expectations with $9.88 billion in sales and $6.14 adjusted EPS, fueled by strong defense demand and program accelerations.
Robust Backlog Underpins Outlook: A $96 billion backlog highlights sustained contracts for B-21 bombers and missile systems amid geopolitical urgency.
Contract Wins on Horizon: Discussions spotlight competition for the F/A-XX fighter jet and Sentinel program ramps as potential catalysts.
Note: This discussion summary was generated from an AI condensation of post data.
Northrop Grumman Insider Trading Activity
Northrop Grumman insiders have traded $NOC stock on the open market 32 times in the past 6 months. Of those trades, 0 have been purchases and 32 have been sales.
Here’s a breakdown of recent trading of $NOC stock by insiders over the last 6 months:
- KATHY J WARDEN (Chair, CEO and President) has made 0 purchases and 2 sales selling 10,000 shares for an estimated $6,045,000.
- ROSHAN S ROEDER (CVP & Pres. Mission Systems) has made 0 purchases and 4 sales selling 2,668 shares for an estimated $1,905,484.
- BENJAMIN R. DAVIES (CVP & Pres. Defense Systems) sold 2,189 shares for an estimated $1,575,255
- MICHAEL A HARDESTY (Corp VP, Controller & CAO) has made 0 purchases and 4 sales selling 1,646 shares for an estimated $1,159,767.
- KATHRYN G SIMPSON (Corp VP & General Counsel) has made 0 purchases and 2 sales selling 973 shares for an estimated $688,452.
- MARK A III WELSH has made 0 purchases and 19 sales selling 192 shares for an estimated $119,744.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Northrop Grumman Revenue
Northrop Grumman had revenues of $9.9B in Q1 2026. This is an increase of 4.36% from the same period in the prior year.
You can track NOC financials on Quiver Quantitative's NOC stock page.
Northrop Grumman Congressional Stock Trading
Members of Congress have traded $NOC stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NOC stock by members of Congress over the last 6 months:
- REPRESENTATIVE STEVE COHEN sold up to $50,000 on 12/29.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Northrop Grumman Hedge Fund Activity
We have seen 770 institutional investors add shares of Northrop Grumman stock to their portfolio, and 728 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,363,907 shares (-78.8%) from their portfolio in Q4 2025, for an estimated $1,347,923,410
- WELLINGTON MANAGEMENT GROUP LLP removed 1,469,343 shares (-34.4%) from their portfolio in Q4 2025, for an estimated $837,834,072
- CAPITAL WORLD INVESTORS added 970,029 shares (+39.4%) to their portfolio in Q4 2025, for an estimated $553,120,236
- AMERIPRISE FINANCIAL INC removed 570,217 shares (-35.1%) from their portfolio in Q4 2025, for an estimated $325,143,435
- BLACKROCK, INC. added 536,316 shares (+5.4%) to their portfolio in Q4 2025, for an estimated $305,812,746
- PRICE T ROWE ASSOCIATES INC /MD/ removed 487,629 shares (-21.1%) from their portfolio in Q4 2025, for an estimated $278,050,932
- J. STERN & CO. LLP added 421,215 shares (+56920.9%) to their portfolio in Q4 2025, for an estimated $240,181,005
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Northrop Grumman Government Contracts
We have seen $6,900,818,485 of award payments to $NOC over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- GROUND-BASED STRATEGIC DETERRENT (GBSD) ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) AND EARLY PRODUCTIO...: $961,819,429
- NEXT GENERATION OVERHEAD PERSISTENT INFRARED POLAR SPACE VEHICLES 1 AND 2 STUDY.: $351,776,185
- BLOCK 3 EA SUBSYSTEM HEMISPHERE PRODUCTION: $348,905,035
- IGF::OT::IGF NEXTSTEP NRA AWARD. THIS NEXTSTEP CONTRACT BUILDS UPON THE SUCCESS OF COMMERCIAL ORBITAL TRAN...: $344,224,032
- INTEGRATED BATTLE COMMAND SYSTEM (IBCS) HARDWARE FULL RATE PRODUCTION FOR WISLA PHASE II.: $319,214,775
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Northrop Grumman Analyst Ratings
Wall Street analysts have issued reports on $NOC in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 01/28/2026
- B of A Securities issued a "Buy" rating on 01/28/2026
- Citigroup issued a "Buy" rating on 01/13/2026
To track analyst ratings and price targets for Northrop Grumman, check out Quiver Quantitative's $NOC forecast page.
Northrop Grumman Price Targets
Multiple analysts have issued price targets for $NOC recently. We have seen 9 analysts offer price targets for $NOC in the last 6 months, with a median target of $750.0.
Here are some recent targets:
- Sheila Kahyaoglu from Jefferies set a target price of $710.0 on 04/09/2026
- John Godyn from Citigroup set a target price of $807.0 on 04/02/2026
- David Strauss from Wells Fargo set a target price of $800.0 on 04/01/2026
- Andre Madrid from BTIG set a target price of $815.0 on 01/28/2026
- Ronald Epstein from B of A Securities set a target price of $750.0 on 01/28/2026
- Ken Herbert from RBC Capital set a target price of $750.0 on 01/28/2026
- Gavin Parsons from UBS set a target price of $778.0 on 01/28/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
