Institutional Investor Reports 12.39M Shares in Northrop Grumman (NOC)
Rhea-AI Filing Summary
Capital International Investors reports beneficial ownership of 12,385,281 shares of Northrop Grumman Corporation common stock, equal to 8.6% of 143,928,185 shares believed outstanding. The filing is a Schedule 13G (Amendment No. 8) for CUSIP 666807102 and shows sole voting power for 12,218,846 shares and sole dispositive power for 12,385,281 shares.
The filing includes a certification that the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The statement is signed by Jae Won Chung, Vice President and Senior Counsel II, Capital Research and Management Company, dated 08/12/2025.
Positive
- Institutional stake of 12,385,281 shares (8.6% of outstanding) disclosed
- Sole voting power reported for 12,218,846 shares, indicating consolidated voting control within the position
- Certification of passive ownership (held in ordinary course and not to influence control) clarifies intent
Negative
- None.
Insights
TL;DR: A material 8.6% institutional stake is disclosed; Schedule 13G filing indicates passive ownership, limiting immediate control implications.
The filing documents that Capital International Investors beneficially owns 12,385,281 shares (8.6%) of Northrop Grumman and holds sole voting power over 12,218,846 shares. Because this is a Schedule 13G with a certification that the position is held in the ordinary course and not to influence control, the report signals a substantial passive position rather than an active control attempt. For investors, the key metrics are the 8.6% stake and the concentrated sole voting/dispositive power noted in the filing.
TL;DR: Sole voting and dispositive power are noteworthy for governance, but the filer certifies no intent to change control.
The statement shows Capital International Investors exercises sole voting authority on the majority of its reported holdings, which gives it the capacity to vote meaningfully on shareholder matters. However, the filing's certification explicitly states the shares are held in the ordinary course of business and not to influence control, consistent with a passive institutional investor reporting under Rule 13d-1(b). From a governance perspective, this is material ownership to monitor but does not by itself indicate activist intent.