Atria Investments Inc Has $12.31 Million Stock Holdings in General Dynamics Corporation $GD

Atria Investments Inc lessened its position in shares of General Dynamics Corporation (NYSE:GD) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,096 shares of the aerospace company’s stock after selling 1,909 shares during the period. Atria Investments Inc’s holdings in General Dynamics were worth $12,309,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC acquired a new position in General Dynamics during the 3rd quarter worth approximately $26,000. Louisbourg Investments Inc. acquired a new position in shares of General Dynamics during the third quarter worth $27,000. Vermillion & White Wealth Management Group LLC lifted its stake in shares of General Dynamics by 80.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 49 shares during the last quarter. NewSquare Capital LLC boosted its holdings in shares of General Dynamics by 64.7% during the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 44 shares in the last quarter. Finally, Financial Consulate Inc. bought a new stake in General Dynamics during the 3rd quarter worth $40,000. Institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Bank of America reiterated a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a research report on Friday, January 30th. Robert W. Baird set a $390.00 target price on shares of General Dynamics in a research report on Monday, October 27th. Melius Research upgraded shares of General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. BNP Paribas Exane cut their target price on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Finally, TD Cowen lifted their price target on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.47.

General Dynamics Price Performance

Shares of NYSE GD opened at $340.98 on Friday. 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 has a fifty day simple moving average of $350.28 and a two-hundred day simple moving average of $337.75. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70. The firm has a market cap of $92.20 billion, a price-to-earnings ratio of 22.07, a price-to-earnings-growth ratio of 2.07 and a beta of 0.41.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The firm had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same quarter in the prior year, the firm earned $4.15 EPS. The business’s revenue for the quarter 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. Analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Investors 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 dividend yield of 1.8%. The ex-dividend date was Friday, January 16th. General Dynamics’s dividend payout ratio is presently 38.83%.

About General Dynamics

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.