Legal & General Group Plc Boosts Holdings in Northrop Grumman Corporation $NOC

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Legal & General Group Plc increased its stake in Northrop Grumman Corporation by 4.1% in the third quarter, bringing its total holdings to 746,585 shares valued at $454.91 million. Several other institutional investors also adjusted their positions in NOC, with hedge funds and institutional investors collectively owning 83.40% of the stock. Northrop Grumman recently surpassed earnings expectations, reporting an EPS of $7.23 against a consensus of $6.97, and announced a quarterly dividend of $2.31 per share.

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