Core Viewpoint - Northrop Grumman Corporation is a leading player in the aerospace and defense technology sector, providing innovative solutions across various domains, including autonomous systems and cyber technology [1] Financial Performance - Northrop Grumman reported fourth-quarter earnings of $7.23 per share, exceeding the consensus estimate of $6.97, and quarterly sales reached $11.7 billion, surpassing the expected $11.6 billion [3] - Despite strong fourth-quarter results, the company provided a cautious outlook for FY2026, projecting adjusted earnings per share between $27.40 and $27.90, below market estimates of $28.85 [4] Market Reaction - Following the earnings announcement, Northrop Grumman's stock experienced a 1.3% decline, trading at $670.05, reflecting the market's reaction to the less favorable outlook [4] - Analysts adjusted their price targets for Northrop Grumman, with B of A Securities raising the target from $685 to $750 and BTIG increasing it from $680 to $815, indicating continued confidence in the company's long-term prospects despite the recent stock decline [5]

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]