Northrop Grumman Corp. (NOC)

Over the past six months, Northrop Grumman's stock has shown an 18.11% increase over the past year, with a share price of $519.24 as of July 18, 2025. Analysts have issued a median price target of $550.00 with a consensus rating of 'Moderate Buy'. There have been several analyst rating changes, including downgrades and upgrades from various firms. In Q1 2025, sales were $9.5 billion, down 7% year-over-year, impacted by a loss in the B-21 program, though international sales grew. Q2 2025 saw sales increase by 1% to $10.4 billion, with net earnings of $1.2 billion, and the company raised its 2025 guidance. Northrop Grumman secured significant contracts totaling $2.8 billion in Q2 2025 and invested $50 million in Firefly Aerospace. Insiders have sold stock 68 times with no purchases, while members of Congress have traded NOC stock three times. Institutional investors showed mixed activity in Q2 2025.

Northrop Grumman's business is generally not considered to be seasonal. Demand for its products and services is primarily driven by the global threat environment and national security priorities, leading to consistent demand from government and defense clients. The company's long-term contracts with government and defense clients contribute to a robust and steady revenue stream. While there isn't a significant seasonal pattern, the company's financial performance can be influenced by factors such as government defense spending cycles and geopolitical events.

Northrop Grumman Corporation is a global aerospace and defense technology company involved in developing, manufacturing, and providing advanced systems for defense, aerospace, and security applications. Its major products and solutions include space systems such as satellites and rocket motors, military aircraft and autonomous systems like the B-21 Raider and MQ-4C Triton, missile defense and advanced weapons including the LGM-35 Sentinel, mission systems focusing on advanced electronics and communication systems, and other services like engineering and logistics.

Northrop Grumman has a significant global presence with approximately 100,000 employees and over 550 facilities across all 50 U.S. states and in more than 25 countries. While the majority of its revenue is generated from the United States, the company also has substantial contributions from other international markets. Its focus countries for global expansion and partnerships include Australia, the United Kingdom, Japan, South Korea, and the Middle East. The company maintains defense contracts in 25 countries, with key markets including the United Kingdom, Germany, and Japan.

Northrop Grumman maintains a strong brand reputation as a leader in global security, aerospace, defense, and technology, recognized for innovation and excellence. Forbes listed Northrop Grumman among the 'Most Trusted Companies in America' and 'America's Best Large Employers' in 2025. The first flight of the B-21 Raider enhanced its reputation, though the program also incurred a pretax loss. Strategic partnerships and facility expansions, such as the Rheinmetall partnership and new facilities in Colorado and Virginia, have contributed positively. Ongoing global conflicts have bolstered demand for military equipment, positively impacting the company's outlook. Strong Q2 2025 results further contributed to a positive perception.

Northrop Grumman is primarily owned by institutional shareholders, who hold approximately 83.63% of the company's stock. Insiders own about 4.47%, and retail investors hold 11.90%. Vanguard Group Inc. holds the largest stake with approximately 7.99% ownership. Other major institutional owners include BlackRock, Inc., State Street Corp., Capital International Investors, Wellington Management Group Llp, and Geode Capital Management, Llc. The largest individual shareholder is Wesley G. Bush, owning 1.64 million shares, representing 1.14% of the company.