Loading...
Docoh
Log in Free sign up

Northrop Grumman (NOC)

Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Its 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.

Company profile

Ticker
NOC
Exchange
NYSE
Website
www.northropgrumman.com
CEO
Wesley Bush
Employees
Location
Virginia
Fiscal year end
Dec 31
Sector
Manufacturing > Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Industry (SIC)
Search, Detection, Navigation, Guidance, Aeronautical Sys
Raytheon • L3Harris • Garmin • Leonardo DRS • Teledyne • Teledyne FLIR • Telenav • Virgin Orbit • MIND Technology • NextNav ...
Former names
NNG INC
SEC CIK
0001133421
Corporate docs
Subsidiaries
c/o NORTHROP GRUMMAN CORPORATION • Northrop Grumman Systems Corporation • Northrop Grumman Overseas Holdings, Inc. ...
IRS number
800640649

NOC stock data

News

From Benzinga Pro
$100 Invested In Northrop Grumman 20 Years Ago Would Be Worth This Much Today
15 Jun 22
Northrop Grumman (NYSE:NOC) has outperformed the market over the past 20 years by 3.4% on an annualized basis producing an average annual return of 10.27%. Currently, Northrop Grumman has a market capitalization of $70.48 billion.
BWX Technologies Secures Contract To Build Nuclear Microreactor In US
9 Jun 22
Markets Fall Following Key Economic Data
3 Jun 22
U.S. indices traded lower Friday following the release of key economic data. While nonfarm payrolls came in higher than expected, concerns over Fed rate hikes, inflation and economic health continue to weigh on stocks.
How Is The Market Feeling About Northrop Grumman?
13 May 22
Morning Brief: Top Financial Stories Dominating on Monday, May 9
9 May 22

Press releases

From Benzinga Pro
Northrop Grumman Announces Webcast, Conference Call of Second Quarter 2022 Financial Results
28 Jun 22
FALLS CHURCH, Va., June 28, 2022 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that its second quarter 2022 financial results will be posted on its investor relations website on July 28,
Northrop Grumman's Cygnus™ Spacecraft Successfully Reboosts the International Space Station
27 Jun 22
Northrop Grumman Corporation's (NYSE:NOC) Cygnus cargo spacecraft successfully boosted the orbit of the International Space Station (ISS). Docked to the ISS since February, Cygnus fired its main onboard engine to
Northrop Grumman Corporation Announces Expiration and Final Results of Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchange Offer
14 Jun 22
Northrop Grumman Corporation (NYSE:NOC) (“Northrop Grumman”) announced today the expiration and final results of its offer to exchange (the “Registered Exchange Offer”) any and all of the
Northrop Grumman to Participate in the Jefferies Virtual ESG Summit
1 Jun 22
Thinking about trading options or stock in Advanced Micro Devices, Papa John's, Alliant Energy, Northrop Grumman, or Tesla?
25 May 22

Analyst ratings and price targets

Last 3 months
Wells Fargo
Maintains
Equal-Weight
$482.00
29 Apr 22

Calendar

28 Apr 22
29 Jun 22
31 Dec 22

Financial summary

Financial statements Chart NOC financial data
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 2.17B 2.17B 2.17B 2.17B 2.17B 2.17B
Cash burn (monthly) 452M 111.92M (no burn) (no burn) 162.67M (no burn)
Cash used (since last report) 1.34B 331.93M n/a n/a 482.45M n/a
Cash remaining 833.43M 1.84B n/a n/a 1.69B n/a
Runway (months of cash) 1.8 16.5 n/a n/a 10.4 n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

NOC insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
18 May 22 Abney David P Common Stock Grant Acquire A No No 454.87 385 175.12K 1,298
18 May 22 Schoewe Thomas M Common Stock Grant Acquire A No No 454.87 385 175.12K 14,452
18 May 22 Hernandez William H Common Stock Grant Acquire A No No 454.87 385 175.12K 7,585
18 May 22 Krapek Karl J Common Stock Grant Acquire A No No 454.87 385 175.12K 23,344
18 May 22 Turley James S Common Stock Grant Acquire A No No 454.87 385 175.12K 4,916
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

NOC institutional ownership history Ownership history
82.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1320 1234 +7.0%
Opened positions 191 160 +19.4%
Closed positions 105 107 -1.9%
Increased positions 417 434 -3.9%
Reduced positions 475 386 +23.1%
13F shares Current Prev Q Change
Total value 57.45B 50.55B +13.7%
Total shares 128.64M 132.02M -2.6%
Total puts 1.12M 1.6M -30.0%
Total calls 1.6M 1.1M +46.3%
Total put/call ratio 0.7 1.5 -52.2%
Largest owners Shares Value Change
STT State Street 14.42M $6.45B -2.9%
Capital International Investors 12.45M $5.57B -1.4%
Vanguard 11.91M $5.33B -0.0%
Wellington Management 8.68M $3.88B -0.2%
BLK Blackrock 8.66M $3.87B +0.4%
FMR 6.22M $2.78B +17.9%
Massachusetts Financial Services 5.57M $2.49B -7.0%
JPM JPMorgan Chase & Co. 5.24M $2.34B -3.3%
Sanders Capital 3.33M $1.51B +21.9%
BAC Bank Of America 3.09M $1.38B +1.6%
Largest transactions Shares Bought/sold Change
Castleview Partners 2.47K -981.07K -99.7%
FMR 6.22M +943.15K +17.9%
Sanders Capital 3.33M +596.76K +21.9%
1832 Asset Management 447.99K +441.02K +6333.8%
STT State Street 14.42M -436.46K -2.9%
Massachusetts Financial Services 5.57M -422.25K -7.0%
Nuveen Asset Management 776.7K -415.01K -34.8%
Clearbridge Advisors 929.66K -400.35K -30.1%
TROW T. Rowe Price 723.41K -340.17K -32.0%
ANTIPODES PARTNERS 242.16K -339.56K -58.4%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
Boeing • Frequency Electronics • Jacobs Engineering • L3Harris • Parsons • Telos • Leidos • Giga Tronics • Rada Electronic Industries • Honeywell International

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: AARGM, Additionally, affordably, appointed, argument, artificial, assuming, begun, Bipartisan, breakthrough, Britain, capability, Central, Chair, characterized, climate, competing, computing, conflict, context, declared, decline, declined, demand, digital, diverse, eased, engineering, estate, European, evident, exit, experience, experiencing, Farmingdale, focused, FTC, full, gas, gradually, greenhouse, heightened, highlighted, humanitarian, humanity, imported, interpretation, intersegment, investigative, Kit, landlord, Layer, leasehold, led, lessen, light, low, macro, modestly, nuclear, OATK, observable, optimism, oral, oversee, Pentagon, people, PGK, Precision, proceed, promptly, real, renegotiation, resumed, retroactively, return, Russia, sell, shelf, Similarly, site, sizeable, socioeconomic, software, solid, South, spread, strong, successful, supplier, suspended, talented, TCJA, Telescope, temporal, terrorist, today, training, trajectory, Tranche, transformation, Transport, Triton, true, twelve, Ukraine, Union, unrest, violence, Webb, World
Removed: abroad, absenteeism, accelerating, administer, Agile, Alliant, American, ammunition, appeal, area, Army, ASC, assist, award, base, Beam, began, bid, CDC, Chairman, classified, combination, command, counter, create, Defensive, dependable, Device, disease, Distribution, Drug, dynamic, effectively, enacted, endeavor, equitable, evolve, explanatory, Explosive, extent, facilitate, flexibility, Food, Gen, Hawk, Huntington, Identification, Improvised, infrared, Innovation, Interbank, issuance, JCREW, judgment, Lake, land, LIBOR, London, manufacture, marine, measurement, merged, Merger, midsized, modernization, Neptune, Networked, Offered, OPIR, paragraph, passing, Persistent, point, postponed, Prevention, produced, projected, receivable, reconnaissance, renamed, reversal, SABR, safety, Scalable, sector, Separation, serve, Shipbuilding, significantly, small, Spinco, strike, surveillance, swap, System, temporary, Titan, transfer, transferred, urged, vaccination, variable, Vista, worker
From filing 10-Q 2022 Q1
Financial reports
View all
10-Q
2022 Q1
Quarterly report
28 Apr 22
10-K
2021 FY
Annual report
27 Jan 22
10-Q
2021 Q3
Quarterly report
28 Oct 21
10-Q
2021 Q2
Quarterly report
29 Jul 21
10-Q
2021 Q1
Quarterly report
29 Apr 21
10-K
2020 FY
Annual report
28 Jan 21
10-Q
2020 Q3
Quarterly report
22 Oct 20
10-Q
2020 Q2
Quarterly report
30 Jul 20
10-Q
2020 Q1
Quarterly report
29 Apr 20
10-K
2019 FY
Annual report
30 Jan 20
Current reports
View all
8-K
Submission of Matters to a Vote of Security Holders
23 May 22
8-K
Northrop Grumman Reports First Quarter 2022 Financial Results
28 Apr 22
8-K
Departure of Directors or Certain Officers
18 Feb 22
8-K
Northrop Grumman Reports Fourth Quarter and Full-Year 2021 Financial Results
27 Jan 22
8-K
Northrop Grumman Elects Matthew Bromberg Corporate Vice President, Global Operations
10 Dec 21
8-K
Northrop Grumman Elects Tom Wilson Corporate Vice President and President, Space Systems; Blake Larson to Retire
18 Nov 21
8-K
Northrop Grumman Announces New $500 Million Accelerated Share Repurchase Agreement
2 Nov 21
8-K
Northrop Grumman Reports Third Quarter 2021 Financial Results
28 Oct 21
8-K
Entry into a Material Definitive Agreement
3 Sep 21
8-K
Entry into a Material Definitive Agreement
26 Aug 21
Registration and prospectus
View all
424B3
Prospectus supplement
12 May 22
S-4
Registration of securities issued in business combination transactions
28 Apr 22
S-3ASR
Automatic shelf registration
31 Mar 20
424B5
Prospectus supplement for primary offering
22 Mar 20
FWP
Free writing prospectus
19 Mar 20
424B5
Prospectus supplement for primary offering
19 Mar 20
424B5
Prospectus supplement for primary offering
11 Oct 17
FWP
Free writing prospectus
10 Oct 17
424B5
Prospectus supplement for primary offering
9 Oct 17
S-3ASR
Automatic shelf registration
30 Mar 17
Proxies
View all
DEFA14A
Additional proxy soliciting materials
11 May 22
DEFA14A
Additional proxy soliciting materials
10 May 22
DEF 14A
Definitive proxy
1 Apr 22
DEFA14A
Additional proxy soliciting materials
12 May 21
PX14A6G
Letter to shareholders
5 May 21
PX14A6G
Letter to shareholders
22 Apr 21
DEF 14A
Definitive proxy
2 Apr 21
PX14A6G
Letter to shareholders
14 May 20
DEFA14A
Additional proxy soliciting materials
14 May 20
DEFA14A
Additional proxy soliciting materials
6 May 20
Other
View all
SD
Conflict minerals disclosure
23 May 22
EFFECT
Notice of effectiveness
13 May 22
CORRESP
Correspondence with SEC
9 May 22
UPLOAD
Letter from SEC
3 May 22
SD
Conflict minerals disclosure
24 May 21
SD
Conflict minerals disclosure
26 May 20
SD
Conflict minerals disclosure
20 May 19
UPLOAD
Letter from SEC
25 Nov 18
CORRESP
Correspondence with SEC
15 Nov 18
UPLOAD
Letter from SEC
1 Nov 18
Ownership
View all
11-K
Annual report of employee stock purchases
16 Jun 22
11-K
Annual report of employee stock purchases
16 Jun 22
4
NORTHROP GRUMMAN / MADELEINE KLEINER ownership change
19 May 22
4
NORTHROP GRUMMAN / GARY ROUGHEAD ownership change
19 May 22
4
NORTHROP GRUMMAN / Marianne Catherine Brown ownership change
19 May 22
4
NORTHROP GRUMMAN / MARK A WELSH III ownership change
19 May 22
4
NORTHROP GRUMMAN / Graham Robinson ownership change
19 May 22
4
NORTHROP GRUMMAN / ANN M FUDGE ownership change
19 May 22
4
NORTHROP GRUMMAN / Donald E Felsinger ownership change
19 May 22
4
NORTHROP GRUMMAN / James S Turley ownership change
19 May 22

Patents

View all
Utility
Maneuvering System for Earth Orbiting Satellites with Electric Thrusters
28 Jan 21
Systems and methods are described herein for mounting a thruster onto a vehicle.
Utility
Additive Manufacturing Methods for Forming High-temperature Composite Structures and Related Structures
21 Jan 21
Methods for fabricating high-temperature composite structures (e.g., structures comprising carbon-carbon composite materials or ceramic composite matrix (CMC) materials and configured for use at temperature at or exceeding about 2000° F. (1093° C.)) include forming precursor structures by additive manufacturing (“AM”) (e.g., “3D printing).
Utility
Preceramic resin formulations, impregnated fibers comprising the preceramic resin formulations, and related methods
28 Dec 20
A preceramic resin formulation comprising a polycarbosilane preceramic polymer, an organically modified silicon dioxide preceramic polymer, and, optionally, at least one filler.
Utility
Precursor Compositions for a Protective Article, Protective Articles Comprising a Reaction Product of the Precursor Composition, Related Aerospace Structures, and Related Methods
23 Dec 20
A precursor composition comprising, before cure, an acrylic ethylene monomer (AEM), a foaming agent, and one or more of a strengthening additive, a thermal ablation additive, or a reflectivity additive.
Utility
Area Denial Communication Latency Compensation
23 Dec 20
An area denial system may be operationally placed with communication latency compensation.

Transcripts

View all
2022 Q1
Earnings call transcript
28 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
29 Jul 21
2021 Q1
Earnings call transcript
29 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
29 Apr 20
2019 Q4
Earnings call transcript
30 Jan 20

Reddit threads

View all