Northrop Grumman Corporation (NYSE:NOC) Stock Update

Company Overview - Northrop Grumman Corporation (NYSE:NOC) is a leading global aerospace and defense company, providing innovative systems, products, and solutions in various sectors including autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization [1] - The company competes with major defense contractors such as Lockheed Martin and Boeing [1] Recent Developments - Alembic Global upgraded NOC from a Neutral to an Overweight rating, with the stock priced at $570.46 [1][6] - AQR Capital Management LLC reduced its stake in Northrop Grumman by selling 300,640 shares, a decrease of 33.4%, leaving them with 598,474 shares valued at approximately $295.6 million, representing about 0.42% of the company [2][6] - Brighton Jones LLC increased its holdings in Northrop Grumman by 176.3%, acquiring an additional 1,895 shares for a total of 2,970 shares valued at $1.39 million [3][6] - Bison Wealth LLC also increased its stake by 5.3%, indicating varied investor sentiment towards the company [3][6] Stock Performance - The current stock price of NOC is $570.19, reflecting a slight increase of $0.43, or 0.075%, from the previous trading session [4] - Over the past year, NOC has experienced a high of $640.90 and a low of $426.24, indicating volatility in its price [4] - Northrop Grumman's market capitalization is approximately $81.38 billion, highlighting its significant presence in the aerospace and defense industry [5] - Today's trading volume for NOC on the NYSE is 141,017 shares, showing active investor interest in the stock [5]