General Dynamics Corporation (NYSE:GD) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of General Dynamics Corporation (NYSE:GD) have earned an average recommendation of “Moderate Buy” from the twenty-one research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $376.2632.

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. boosted their price target on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Melius Research upgraded shares of General Dynamics to a “strong-buy” rating in a research note on Tuesday, October 28th. Citigroup increased their target price on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Finally, Bank of America reaffirmed a “buy” rating and issued a $400.00 price target on shares of General Dynamics in a research note on Friday, January 30th.

Insider Buying and Selling at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This trade represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David Paddock sold 20,360 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of the sale, the vice president owned 36,644 shares in the company, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On General Dynamics

Several hedge funds have recently made changes to their positions in GD. Dunhill Financial LLC lifted its stake in General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of General Dynamics during the 3rd quarter valued at $25,000. Dagco Inc. acquired a new stake in shares of General Dynamics during the 4th quarter valued at $25,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of General Dynamics during the 3rd quarter worth $26,000. Finally, Burkett Financial Services LLC grew its holdings in shares of General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Price Performance

NYSE GD opened at $348.66 on Tuesday. The company has a 50-day moving average price of $351.73 and a two-hundred day moving average price of $339.88. General Dynamics has a 52 week low of $239.20 and a 52 week high of $369.70. The stock has a market cap of $94.27 billion, a price-to-earnings ratio of 22.57, a price-to-earnings-growth ratio of 2.10 and a beta of 0.41. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same period in the previous year, the firm posted $4.15 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Analysts forecast that General Dynamics will post 14.83 EPS for the current year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

General Dynamics Company Profile

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.