Caprock Group LLC Takes Position in General Dynamics Corporation $GD

Caprock Group LLC bought a new position in General Dynamics Corporation (NYSE:GD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,547 shares of the aerospace company’s stock, valued at approximately $4,722,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics in the 3rd quarter valued at $26,000. Louisbourg Investments Inc. bought a new stake in General Dynamics in the third quarter worth $27,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock valued at $32,000 after buying an additional 49 shares during the last quarter. NewSquare Capital LLC grew its stake in shares of General Dynamics by 64.7% during the second quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after buying an additional 44 shares during the last quarter. Finally, Financial Consulate Inc. purchased a new position in shares of General Dynamics in the third quarter worth about $40,000. 86.14% of the stock is currently owned by institutional investors.

General Dynamics Trading Down 3.3%

NYSE GD opened at $346.81 on Thursday. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $369.70. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average price is $350.28 and its 200-day moving average price is $337.73. The stock has a market cap of $93.78 billion, a P/E ratio of 22.45, a P/E/G ratio of 2.14 and a beta of 0.41.

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

General Dynamics Dividend Announcement

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

Wall Street Analysts Forecast Growth

GD has been the topic of a number of analyst reports. BNP Paribas Exane decreased their price objective on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Robert W. Baird set a $390.00 price target on General Dynamics in a report on Monday, October 27th. Vertical Research raised General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research report on Monday, October 27th. Wall Street Zen lowered General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Susquehanna reissued a “positive” rating and set a $420.00 target price on shares of General Dynamics in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $375.47.

Insider Transactions at General Dynamics

In other General Dynamics news, VP David Paddock sold 20,360 shares of General Dynamics stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of the sale, the vice president owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

General Dynamics 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.