Brookstone Capital Management Acquires 2,082 Shares of General Dynamics Corporation $GD

Brookstone Capital Management increased its holdings in shares of General Dynamics Corporation (NYSE:GD) by 8.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,871 shares of the aerospace company’s stock after acquiring an additional 2,082 shares during the period. Brookstone Capital Management’s holdings in General Dynamics were worth $9,383,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Financial Planning Hawaii Inc. bought a new stake in shares of General Dynamics during the fourth quarter valued at approximately $1,103,000. Private Advisory Group LLC bought a new position in shares of General Dynamics during the fourth quarter worth $334,000. ORG Partners LLC grew its stake in General Dynamics by 171.4% during the fourth quarter. ORG Partners LLC now owns 502 shares of the aerospace company’s stock valued at $169,000 after acquiring an additional 317 shares in the last quarter. ORG Wealth Partners LLC grew its stake in General Dynamics by 1,575.0% during the fourth quarter. ORG Wealth Partners LLC now owns 1,005 shares of the aerospace company’s stock valued at $338,000 after acquiring an additional 945 shares in the last quarter. Finally, Embree Financial Group increased its holdings in General Dynamics by 2.0% in the 4th quarter. Embree Financial Group now owns 6,912 shares of the aerospace company’s stock valued at $2,327,000 after acquiring an additional 136 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GD has been the subject of several research reports. Jefferies Financial Group increased their price objective on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Argus lifted their target price on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $398.00 target price on shares of General Dynamics in a research report on Monday, January 12th. UBS Group set a $393.00 price target on General Dynamics in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their price target on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and an average target price of $376.26.

General Dynamics Stock Performance

Shares of NYSE:GD opened at $343.52 on Wednesday. The firm has a fifty day simple moving average of $353.79 and a two-hundred day simple moving average of $345.95. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $93.04 billion, a P/E ratio of 22.23, a PEG ratio of 2.03 and a beta of 0.39.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same period in the prior year, the company earned $4.15 EPS. The business’s revenue was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, analysts expect that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be given a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.9%. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio (DPR) is currently 38.83%.

Insider Buying and Selling

In other news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the sale, the vice president directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This trade represents a 35.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the transaction, the executive vice president owned 38,975 shares of the company’s stock, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 51,260 shares of company stock valued at $18,133,971 over the last quarter. Company insiders own 1.50% of the company’s stock.

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.