Northrop Grumman Corporation (NOC) stock has been under scrutiny lately, with various news making waves including Goldman Sachs listing it among the top defense stock picks, and its status as a leading military drone stocks. Matters of concern include the company's shortcomings for Q1 earnings and sales targets, resulting in a significant drop in stock prices. It also faces investigations on behalf of shareholders and a supposed earnings disappointment due to problems with the B-21. Purchasing activities are mixed with institutions like Cary Street Partners Financial LLC, Northern Trust Corp, Aptus Capital Advisors LLC, and Bearing Point Capital LLC acquiring shares. However, Ameriprise Financial Inc., California State Teachers Retirement System, and Voya Investment Management LLC have trimmed or sold off their holdings. Regardless, some analysts like Goldman Sachs have upgraded their ratings for NOC, anticipating a recovery following an initial slowdown in the first quarter. A few key contract wins in Q1 have also been reported, lending some stability. The firm is also prepping for strategic adjustments after Q1's losses.
Northrop Grumman Corp NOC News Analytics from Wed, 22 Jan 2014 08:00:00 GMT to Sat, 10 May 2025 09:45:09 GMT -
Rating -4
- Innovation 1
- Information 7
- Rumor -6
