Northrop Grumman announces strong earnings, $3B stock buyback, and dividend hike amid mixed investor activity.

Investment firm Appleton Partners reduced its Northrop Grumman shares by 4.8% in Q4, but other investors increased their holdings. Northrop Grumman reported earnings of $6.39 per share, $0.12 above estimates, and announced a $3 billion stock buyback and a quarterly dividend of $2.06, with a yield of 1.76%. Analysts have given the stock a "Moderate Buy" rating with a price target of $544.31.

5 weeks ago
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