Northrop Grumman Climbs to 280th in Trading Volume as Russell and Hollencrest Boost Holdings Amid Dividend Hike and Earnings Beat

Generated by AI AgentAinvest Market Brief
Wednesday, Aug 13, 2025 7:40 pm ET1min read
NOC--
Aime RobotAime Summary

- Northrop Grumman rose 0.22% with $0.43B volume, ranking 280th, as Russell and Hollencrest boosted holdings by 19.1% and 790% respectively.

- The company raised its dividend to $2.31/share (1.6% yield) and reported $7.11/share earnings, exceeding estimates by $0.27 with 1.3% revenue growth.

- Analysts split between "hold" and "buy" ratings despite Barclays/JPMorgan raising price targets to $580-$585, while insiders sold $8.3M in shares.

- Institutional investors own 83.4% of the stock, contrasting with insider sales by executives like CEO Warden and VP Fleming.

On August 13, 2025, Northrop GrummanNOC-- (NOC) traded up 0.22% with a trading volume of $0.43 billion, ranking 280th in market activity. Institutional activity highlighted increased confidence in the defense contractor as Russell Investments Group Ltd. raised its stake by 19.1%, adding 44,685 shares to hold 278,567 shares valued at $142.63 million. Meanwhile, Hollencrest Capital Management surged its ownership by 790% in Q1, now holding 89 shares valued at $45,000. Institutional investors collectively own 83.40% of the stock.

The company announced a quarterly dividend hike to $2.31 per share from $2.06, translating to an annualized yield of 1.6% and a payout ratio of 34.06%. Recent earnings reported $7.11 per share for Q2, exceeding estimates by $0.27, with revenue rising 1.3% year-over-year to $10.35 billion. Analysts remain cautiously optimistic, with BarclaysBCS-- raising its price target to $580 and JPMorganJPM-- to $585, though ratings remain split between "hold" and "buy."

Insider transactions included VP Robert J. Fleming selling 3,500 shares at $505.77, reducing his stake by 65.7%, while CEO Kathy J. Warden sold 7,500 shares, cutting her ownership by 3.59%. Over the last quarter, insiders collectively sold $8.3 million worth of shares, though institutional ownership remains robust. Analysts noted mixed sentiment, with ten "hold" ratings, eight "buy" ratings, and one "strong buy," reflecting cautious optimism amid sector volatility.

A backtested strategy of purchasing the top 500 stocks by daily trading volume and holding for one day from 2022 yielded $2,385.14 in profit as of the latest data, demonstrating moderate returns with intermittent fluctuations.

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