Citigroup Increases Northrop Grumman (NYSE:NOC) Price Target to $807.00

Northrop Grumman (NYSE:NOC) had its price objective boosted by research analysts at Citigroup from $781.00 to $807.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the aerospace company’s stock. Citigroup’s price target indicates a potential upside of 14.44% from the stock’s previous close.

NOC has been the subject of a number of other reports. Wall Street Zen raised shares of Northrop Grumman from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Vertical Research restated a “hold” rating and issued a $688.00 price target on shares of Northrop Grumman in a research note on Tuesday, January 27th. Bank of America lifted their price objective on shares of Northrop Grumman from $685.00 to $750.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Jefferies Financial Group boosted their target price on Northrop Grumman from $630.00 to $690.00 and gave the stock a “hold” rating in a research report on Sunday, February 1st. Finally, BTIG Research raised their price target on Northrop Grumman from $680.00 to $815.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Northrop Grumman currently has an average rating of “Moderate Buy” and an average price target of $708.65.

Northrop Grumman Stock Performance

NYSE NOC traded up $8.17 on Thursday, hitting $705.17. 141,984 shares of the company traded hands, compared to its average volume of 962,130. The company has a market capitalization of $100.08 billion, a price-to-earnings ratio of 24.21, a P/E/G ratio of 5.06 and a beta of 0.05. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.91. The business’s 50 day moving average price is $708.56 and its 200-day moving average price is $630.08. Northrop Grumman has a 52-week low of $450.13 and a 52-week high of $774.00.

Northrop Grumman (NYSE:NOC) last issued its quarterly earnings results on Tuesday, January 27th. The aerospace company reported $7.23 EPS for the quarter, topping analysts’ consensus estimates of $6.97 by $0.26. Northrop Grumman had a return on equity of 25.57% and a net margin of 9.97%.The business had revenue of $11.71 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the prior year, the business posted $6.39 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. Equities analysts expect that Northrop Grumman will post 28.05 earnings per share for the current year.

Insider Activity at Northrop Grumman

In other news, CAO Michael A. Hardesty sold 147 shares of Northrop Grumman stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $732.98, for a total transaction of $107,748.06. Following the completion of the sale, the chief accounting officer owned 2,525 shares of the company’s stock, valued at approximately $1,850,774.50. The trade was a 5.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Kathy J. Warden sold 20,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $708.82, for a total transaction of $14,176,400.00. Following the transaction, the chief executive officer owned 171,602 shares in the company, valued at approximately $121,634,929.64. The trade was a 10.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 32,431 shares of company stock worth $21,969,404. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Northrop Grumman

A number of large investors have recently bought and sold shares of NOC. Parvin Asset Management LLC acquired a new stake in Northrop Grumman in the 2nd quarter worth approximately $25,000. Torren Management LLC purchased a new position in shares of Northrop Grumman in the fourth quarter worth $26,000. Karpus Management Inc. purchased a new position in shares of Northrop Grumman in the fourth quarter worth $26,000. Financial Life Planners acquired a new stake in shares of Northrop Grumman during the third quarter worth $27,000. Finally, Physician Wealth Advisors Inc. grew its holdings in shares of Northrop Grumman by 200.0% during the third quarter. Physician Wealth Advisors Inc. now owns 48 shares of the aerospace company’s stock valued at $29,000 after buying an additional 32 shares during the last quarter. Institutional investors own 83.40% of the company’s stock.

Trending Headlines about Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Wells Fargo initiated coverage and upgraded NOC to an overweight / strong-buy with an $800 price target (about mid?teens upside from recent levels), providing immediate buy-side analyst support. Northrop Grumman (NYSE:NOC) Now Covered by Analysts at Wells Fargo & Company
• Positive Sentiment: Recent quarterly results beat consensus (EPS and revenue) and NOC set FY?2026 guidance (EPS 27.40–27.90), reinforcing earnings momentum and justifying analyst optimism. Zacks.com
• Positive Sentiment: Technology/program wins: Northrop demonstrated an autonomous Lumberjack drone in an Army exercise and secured a major U.S. Navy SEWIP Block 3 electronic warfare contract extension (including first carrier shipset) — developments that support future revenue and the company’s premium on autonomy/EW exposure. Northrop Grumman demonstrates autonomous drone during Army exercise
• Neutral Sentiment: Supplier/industry indicator: Oklahoma firm Long Wave tripled its OKC workforce after winning a $350M Navy training systems contract — a sign of stronger defense program activity that could indirectly support primes’ supply chains. Long Wave triples its OKC workforce as defense contract fuels growth
• Neutral Sentiment: Space/launch sector notes (less directly material to NOC): Rocket Lab’s large backlog points to 2026 revenue growth but also execution risks; sector dynamics may influence parts of NOC’s space businesses but are not direct drivers today. Rocket Lab’s Backlog Provides a Clear Path to 2026 Revenue Growth
• Neutral Sentiment: Market technical/context: Coverage notes and short?term trading have left NOC somewhat underperforming broader indices despite gains — watch volume and whether upgrades convert into sustained flows. Northrop Grumman Corp. stock rises Tuesday, still underperforms market
• Negative Sentiment: Political risk: Comments by President Trump about possibly exiting NATO and shifting burden-sharing raise headline risk for defense contractors — potential for increased volatility if investors fear policy-driven demand shifts or international uncertainty. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

About Northrop Grumman

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.