Northrop Grumman announces a 12% increase in quarterly dividend to $2.31 per share, effective June 2025.
Quiver AI Summary
Northrop Grumman Corporation announced a quarterly dividend of $2.31 per share, set to be paid on June 18, 2025, to shareholders recorded by June 2, 2025. This represents a 12 percent increase in the dividend, highlighting the company's strong financial health and dedication to shareholder value, as noted by CEO Kathy Warden. This increase marks the 22nd consecutive annual dividend raise, showcasing Northrop Grumman's disciplined approach to capital management while continuing to invest in innovative solutions for its customers in the aerospace and defense sectors.
Potential Positives
- The board declared a quarterly dividend of $2.31 per share, demonstrating a strong commitment to returning value to shareholders.
- The 12 percent increase in the dividend reflects the company's strong financial position, signaling growth and stability.
- This marks the 22nd consecutive annual increase in the dividend, indicating a consistent track record of shareholder value enhancement.
- The press release highlights Northrop Grumman's focus on both returning capital to shareholders and investing in innovative solutions, showcasing a balanced approach to financial management.
Potential Negatives
- None
FAQ
What is the new quarterly dividend for Northrop Grumman?
The board has declared a quarterly dividend of $2.31 per share on Northrop Grumman common stock.
When will the dividend be payable?
The dividend is payable on June 18, 2025, to shareholders of record as of June 2, 2025.
What percentage increase does the new dividend represent?
The new dividend marks a 12 percent increase from the previous amount.
How many consecutive annual increases has Northrop Grumman achieved?
This dividend increase marks Northrop Grumman's 22nd consecutive annual increase.
Who is the CEO of Northrop Grumman?
Kathy Warden is the chair, chief executive officer, and president of Northrop Grumman.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NOC Congressional Stock Trading
Members of Congress have traded $NOC stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NOC stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$NOC Insider Trading Activity
$NOC insiders have traded $NOC stock on the open market 62 times in the past 6 months. Of those trades, 0 have been purchases and 62 have been sales.
Here’s a breakdown of recent trading of $NOC stock by insiders over the last 6 months:
- KATHY J WARDEN (Chair, CEO and President) sold 3,750 shares for an estimated $1,783,687
- MICHAEL A HARDESTY (Corp VP, Controller & CAO) sold 1,931 shares for an estimated $875,872
- KATHRYN G SIMPSON (Corp VP & General Counsel) has made 0 purchases and 2 sales selling 1,924 shares for an estimated $840,013.
- BENJAMIN R. DAVIES (CVP & Pres. Defense Systems) has made 0 purchases and 3 sales selling 949 shares for an estimated $426,658.
- MARK A III WELSH has made 0 purchases and 55 sales selling 198 shares for an estimated $94,574.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NOC Hedge Fund Activity
We have seen 759 institutional investors add shares of $NOC stock to their portfolio, and 775 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 974,633 shares (+23.4%) to their portfolio in Q1 2025, for an estimated $499,021,842
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 935,554 shares (+1425.2%) to their portfolio in Q1 2025, for an estimated $479,013,003
- JPMORGAN CHASE & CO removed 865,682 shares (-23.1%) from their portfolio in Q1 2025, for an estimated $443,237,840
- CAPITAL INTERNATIONAL INVESTORS added 613,621 shares (+7.4%) to their portfolio in Q1 2025, for an estimated $314,180,088
- VANGUARD GROUP INC added 588,520 shares (+4.6%) to their portfolio in Q1 2025, for an estimated $301,328,125
- AQR CAPITAL MANAGEMENT LLC added 446,940 shares (+98.8%) to their portfolio in Q1 2025, for an estimated $228,837,749
- FMR LLC removed 364,013 shares (-13.0%) from their portfolio in Q1 2025, for an estimated $186,378,296
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NOC Analyst Ratings
Wall Street analysts have issued reports on $NOC in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 04/24/2025
- Morgan Stanley issued a "Overweight" rating on 04/16/2025
- Susquehanna issued a "Positive" rating on 01/08/2025
To track analyst ratings and price targets for $NOC, check out Quiver Quantitative's $NOC forecast page.
$NOC Price Targets
Multiple analysts have issued price targets for $NOC recently. We have seen 3 analysts offer price targets for $NOC in the last 6 months, with a median target of $550.0.
Here are some recent targets:
- Matthew Akers from Wells Fargo set a target price of $525.0 on 04/24/2025
- Michael Ciarmoli from Truist Financial set a target price of $550.0 on 04/23/2025
- Charles Minervino from Susquehanna set a target price of $557.0 on 01/08/2025
Full Release
FALLS CHURCH, Va., May 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.31 per share on Northrop Grumman common stock, payable June 18, 2025, to shareholders of record as of the close of business June 2, 2025.
"Reflecting our strong financial position and commitment to deliver value to our shareholders, we are increasing our quarterly dividend by 12 percent," said Kathy Warden, chair, chief executive officer and president, Northrop Grumman. "This marks our 22
nd
consecutive annual increase and demonstrates our disciplined approach to capital deployment, returning capital to shareholders while investing in innovative solutions for our customers."
Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible every day.
Contact:
News Bureau
newsbureau@ngc.com
Todd Ernst
todd.ernst@ngc.com
This article was originally published on Quiver News, read the full story.
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