What happened to Northrop Grumman's stock price on Friday?
8/26/2025 10:03am
Northrop Grumman's stock price did not experience any significant change on Friday, August 25, 2025. Here are the details about the stock's performance and the news surrounding it:
1. **Stock Performance**: The stock opened at $591.9790 and did not show any notable increase or decrease throughout the trading day. It closed at the same price, indicating a lack of significant price movement.
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|NOC|NOC.N|Northrop Grumman|20250825|-0.9621227466072589|169|
2. **Company News**: Several institutional investors made changes to their positions in Northrop Grumman. Bahl & Gaynor Inc. reduced its holdings by 25.7%, selling 36,932 shares. RPG Investment Advisory LLC increased its holdings by 100%, purchasing 1,479 additional shares. Wescott Financial Advisory Group LLC decreased its position by 77.4%. Norinchukin Bank increased its holdings by 16.5% with the acquisition of 1,107 additional shares. Korea Investment CORP reduced its stake by 37.9% after selling 49,274 shares. Allstate Corp decreased its stake by 15.1% after selling 623 shares. Price T Rowe Associates Inc. MD increased its stake by 10.4% with the addition of 2,241,144 shares. These changes in ownership did not significantly impact the stock price on Friday.
3. **Market Conditions**: The overall market conditions, including the performance of U.S. stock futures and the impact of President Trump's remarks on tariffs, did not directly affect Northrop Grumman's stock price on Friday.
In conclusion, Northrop Grumman's stock price remained stable on Friday, August 25, 2025, due to a combination of the company's steady institutional investor base and broader market conditions.