Investment activity in
Northrop Grumman Corporation (NYSE:NOC) has been dynamic; several advisory and asset management firms either increased, decreased or initiated their stakes. The corporation's CEO, Kathy Warden, sold a significant number of shares, accompanied with some insider selling. Some fluctuations in the share price ensued, with a noteworthy increase of 3.32% on Jun 13. The quarterly dividend received a 12.1% boost, drawing more interest towards the corporation's stock. Northrop Grumman Corporation
raised $1 billion via a strategic bond sale, used for debt refinance and funding for buybacks. It ventured $50 million into
Firefly Aerospace intensifying advances made in Eclipse™, their medium launch vehicle. Lastly, its stock price suffered some blows, due to missed Q1 sales targets and a subpar performance compared to S&P 500. The corporation is maintaining its strategic focus, with emphasis on defense exports according to CEO Kathy Warden.
Northrop Grumman Corp NOC News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 14 Jun 2025 14:58:10 GMT -
Rating 5
- Innovation -3
- Information 6
- Rumor -4
