ZWJ Investment Counsel Inc. Has $61.26 Million Position in Northrop Grumman Corporation $NOC

25 Dec 2025, 08:28 by Renee Jackson · The Cerbat Gem

ZWJ Investment Counsel Inc. cut its position in Northrop Grumman Corporation (NYSE:NOC – Free Report) by 1.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,533 shares of the aerospace company’s stock after selling 1,162 shares during the quarter. Northrop Grumman comprises about 2.2% of ZWJ Investment Counsel Inc.’s portfolio, making the stock its 13th biggest holding. ZWJ Investment Counsel Inc.’s holdings in Northrop Grumman were worth $61,257,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NOC. Parvin Asset Management LLC bought a new stake in shares of Northrop Grumman in the second quarter valued at about $25,000. Saudi Central Bank acquired a new stake in Northrop Grumman in the 1st quarter worth about $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in Northrop Grumman in the 2nd quarter valued at about $31,000. NewSquare Capital LLC grew its position in shares of Northrop Grumman by 75.0% during the 2nd quarter. NewSquare Capital LLC now owns 63 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 27 shares in the last quarter. Finally, Flaharty Asset Management LLC bought a new position in shares of Northrop Grumman during the first quarter worth approximately $36,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman Price Performance

Shares of NOC stock opened at $582.00 on Thursday. The business has a fifty day simple moving average of $571.97 and a 200 day simple moving average of $564.49. The company has a market cap of $83.06 billion, a P/E ratio of 20.94, a P/E/G ratio of 4.99 and a beta of 0.05. The company has a quick ratio of 0.98, a current ratio of 1.11 and a debt-to-equity ratio of 0.95. Northrop Grumman Corporation has a twelve month low of $426.24 and a twelve month high of $640.90.

Northrop Grumman (NYSE:NOC – Get Free Report) last issued its earnings results on Tuesday, October 21st. The aerospace company reported $7.67 EPS for the quarter, topping the consensus estimate of $6.43 by $1.24. Northrop Grumman had a return on equity of 25.49% and a net margin of 9.82%.The firm had revenue of $10.42 billion during the quarter, compared to the consensus estimate of $10.68 billion. During the same quarter in the previous year, the firm earned $7.00 earnings per share. The business’s quarterly revenue was up 4.3% on a year-over-year basis. Northrop Grumman has set its FY 2025 guidance at 25.650-26.050 EPS. On average, sell-side analysts forecast that Northrop Grumman Corporation will post 28.05 EPS for the current fiscal year.

Northrop Grumman Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, December 1st were given a $2.31 dividend. The ex-dividend date was Monday, December 1st. This represents a $9.24 dividend on an annualized basis and a yield of 1.6%. Northrop Grumman’s dividend payout ratio (DPR) is currently 33.24%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating and issued a $714.00 price target on shares of Northrop Grumman in a research note on Tuesday, December 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Northrop Grumman in a research report on Tuesday, October 14th. Truist Financial increased their target price on Northrop Grumman from $625.00 to $688.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. BNP Paribas raised Northrop Grumman to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, Wall Street Zen upgraded shares of Northrop Grumman from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $651.18.

Read Our Latest Report on NOC

Insider Buying and Selling at Northrop Grumman

In other news, Director Mark A. Welsh III sold 97 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $564.08, for a total transaction of $54,715.76. Following the completion of the transaction, the director directly owned 4,281 shares in the company, valued at approximately $2,414,826.48. This represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

About Northrop Grumman

(Free Report)

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.