Midwest Trust 13F: Cuts Northrop Grumman (NOC) Stake by $4.1M
Key Points
- Midwest Trust trimmed its Northrop Grumman Corporation stake by 11.2%, finishing with 67,923 shares worth about $32.8 million.
- Other large holders made bigger moves, with Capital International Investors lowering its stake by 1,244,057 shares.
- Northrop Grumman trades near $552.32, supported by a trailing twelve month revenue of $42.9 billion and a 1.93% dividend yield.
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Midwest Trust reduced its investment in Northrop Grumman Corporation NOC by 8,536 shares, according to a Form 13F filing with the SEC on October 22, 2026.
What Changed in Midwest Trust's Northrop Grumman Position
Midwest Trust lowered its position by an 11.2% margin during the period. The fund owned 76,459 shares prior to the trade and held 67,923 shares at the close of the quarter. The remaining stake carried a reported value of $32,839,412.00.
Other Institutional Activity in Northrop Grumman
Capital International Investors grew its holdings by -1244057 shares, ending with 5852674.0 shares worth about $3,232,724,341.0. Franklin Resources, Inc. grew its holdings by 95750 shares, ending with 3374876.0 shares worth about $1,864,112,676.0.
Northrop Grumman Corporation Stock Up 3.4%
Northrop Grumman shares closed at $552.35 on October 22, 2026, and recently traded around $552.32. The stock sits below its 200-day moving average of $593.12 and well under its 52-week high of $774.00.
Recent Earnings
Northrop Grumman generated trailing twelve month revenue of $42,892,001,280.0 alongside earnings of $31.68 per share. The company reported a net profit margin of 10.5% and a return on equity of 27.0%. Its next earnings report is scheduled for January 26, 2027.
Dividend
The company pays an annual dividend rate of $9.88 per share which translates to a dividend yield of 1.93%. The payout accounts for 29.9% of earnings.
Insider Buying and Selling at Northrop Grumman Corporation
Company insiders executed several stock transactions over recent months. Officer Roshan S. Roeder sold 1,754 shares on February 27, 2026 at $720.00 per share for a total of $1,262,880.00. General Counsel Kathryn G. Simpson sold 873 shares on March 2, 2026 at $745.00 per share for $650,385.00. Director Mark A. Welsh III sold 95 shares on May 4, 2026 and another 95 shares on August 3, 2026.
Analysts Set New Price Targets
Wall Street firms updated their outlooks on the stock ahead of the filing. On October 21, 2026, UBS maintained a buy rating and raised its target to $698.00 from $694.00. BNP Paribas maintained an outperform rating and raised its target to $600.00 from $540.00. Morgan Stanley maintained an overweight rating and raised its target to $765.00 from $745.00. Guggenheim maintained a buy rating with a target of $640.00. On October 22, 2026, Barclays maintained an underweight rating and raised its target to $430.00 from $419.00. Wall Street analysts hold a consensus buy rating on the stock with a mean price target of $630.00 across 24 analyst opinions.
About Northrop Grumman
Northrop Grumman Corporation builds aerospace and defense technology systems for clients in the United States and international markets. The firm operates through four divisions focusing on aeronautics, defense, mission systems, and space technology.
Bottom Line
Investors tracking Midwest Trust will look to future SEC disclosures to see if the fund continues trimming its position. The defense contractor's next earnings release on January 26, 2027, will offer fresh insight into segment revenues and margins.
Source: Midwest Trust's 13F filing on $NOC (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts