Key Analysts at Barclays Reconfirmed their ‘”Overweight”’ rating for Northrop Grumman (NYSE:NOC) Shares Today. Their Price Target is $310

Northrop Grumman Corporation (NYSE:NOC) Logo

Investors sentiment increased to 1.01 in Q2 2018. Its up 0.13, from 0.88 in 2018Q1. It is positive, as 53 investors sold Northrop Grumman Corporation shares while 273 reduced holdings. 96 funds opened positions while 234 raised stakes. 137.09 million shares or 0.52% less from 137.81 million shares in 2018Q1 were reported.

Cambridge Invest Advsr accumulated 15,082 shares or 0.05% of the stock. Chesley Taft & Assocs Ltd Co owns 9,323 shares or 0.25% of their US portfolio. Manufacturers Life Ins Communications The holds 0.08% of its portfolio in Northrop Grumman Corporation (NYSE:NOC) for 251,826 shares. Panagora Asset Mgmt reported 0.01% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Fiduciary Tru holds 3,732 shares. Moreover, Zacks Invest Management has 0.07% invested in Northrop Grumman Corporation (NYSE:NOC). Moreover, Bb&T has 0.02% invested in Northrop Grumman Corporation (NYSE:NOC). Tru Of Vermont reported 0.07% stake. Moody Commercial Bank Trust Division has 0.1% invested in Northrop Grumman Corporation (NYSE:NOC). Moreover, Burke Herbert National Bank & Trust Tru has 0.25% invested in Northrop Grumman Corporation (NYSE:NOC) for 912 shares. The Cayman Islands-based Quantres Asset Mngmt Limited has invested 0.28% in Northrop Grumman Corporation (NYSE:NOC). Daiwa Securities Group Inc Inc holds 0.02% or 6,209 shares in its portfolio. Usa Portformulas reported 10,475 shares. Arizona State Retirement Systems reported 0.18% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Centurylink Investment Company has 0.43% invested in Northrop Grumman Corporation (NYSE:NOC) for 3,661 shares.

Since July 30, 2018, it had 0 insider purchases, and 8 insider sales for $11.33 million activity. $225,960 worth of Northrop Grumman Corporation (NYSE:NOC) shares were sold by Purvis Shawn N. 10,440 shares were sold by CHESTON SHEILA C., worth $3.34M. BUSH WESLEY G also sold $2.75M worth of Northrop Grumman Corporation (NYSE:NOC) shares. Shares for $1.35 million were sold by Caylor Mark A on Thursday, August 30. 1,065 shares were sold by Kalan Lesley A, worth $319,521. 5,137 shares were sold by Antkowiak Patrick M., worth $1.59M on Monday, September 17.

Northrop Grumman (NYSE:NOC) Rating Reaffirmed

Barclays now has a $310 target on shares of Northrop Grumman (NYSE:NOC). The target would suggest a potential upside of 24.08 % from the last stock price of Northrop Grumman (NYSE:NOC). This rating was revealed to investors in an analyst note on Tuesday, 4 December.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 8 analysts covering Northrop (NYSE:NOC), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Northrop has $39400 highest and $315 lowest target. $344.75’s average target is 37.99% above currents $249.84 stock price. Northrop had 9 analyst reports since June 22, 2018 according to SRatingsIntel. On Friday, July 27 the stock rating was maintained by JP Morgan with “Overweight”. The company was maintained on Thursday, October 25 by Citigroup. Morgan Stanley maintained Northrop Grumman Corporation (NYSE:NOC) rating on Wednesday, November 14. Morgan Stanley has “Equal-Weight” rating and $318 target. On Friday, June 22 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Neutral” rating on Wednesday, June 27 by Credit Suisse. The firm earned “Neutral” rating on Friday, July 27 by Credit Suisse. As per Tuesday, July 31, the company rating was upgraded by Buckingham Research. Jefferies maintained the shares of NOC in report on Tuesday, October 30 with “Buy” rating.

The stock decreased 4.45% or $11.63 during the last trading session, reaching $249.84. About 2.88M shares traded or 108.29% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 12.85% since December 4, 2017 and is uptrending. It has underperformed by 2.77% the S&P500.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on January, 24. They expect $4.36 EPS, up 54.61 % or $1.54 from last year’s $2.82 per share. NOC’s profit will be $756.98M for 14.33 P/E if the $4.36 EPS becomes a reality. After $6.54 actual EPS reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $43.38 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 15.99 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Finance.Yahoo.com which released: “Should You Be Holding Northrop Grumman Corporation (NYSE:NOC)? – Yahoo News” on November 17, 2018, also Seekingalpha.com with their article: “Northrop Grumman: While There Are Concerns, The Company Remains Strong – Seeking Alpha” published on November 14, 2018, Seekingalpha.com published: “Midterm Elections – Cramer’s Mad Money (11/6/18) – Seeking Alpha” on November 07, 2018. More interesting news about Northrop Grumman Corporation (NYSE:NOC) were released by: Streetinsider.com and their article: “Airbus joins forces with Lockheed for US tanker refueling – StreetInsider.com” published on December 04, 2018 as well as Fool.com‘s news article titled: “Why These Giant Defense Contractors Plummeted in October – Motley Fool” with publication date: November 05, 2018.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.