General Dynamics Corporation $GD Shares Sold by Barclays PLC

Barclays PLC decreased its position in General Dynamics Corporation (NYSE:GD) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 584,293 shares of the aerospace company’s stock after selling 61,243 shares during the quarter. Barclays PLC owned 0.22% of General Dynamics worth $199,244,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Crowley Wealth Management Inc. increased its position in shares of General Dynamics by 1.4% in the 3rd quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after purchasing an additional 30 shares during the last quarter. First Financial Bankshares Inc lifted its position in shares of General Dynamics by 2.6% during the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock worth $408,000 after purchasing an additional 30 shares during the last quarter. Columbus Macro LLC increased its holdings in General Dynamics by 0.4% in the third quarter. Columbus Macro LLC now owns 8,644 shares of the aerospace company’s stock valued at $2,948,000 after buying an additional 33 shares during the last quarter. AGH Wealth Advisors LLC raised its stake in General Dynamics by 1.5% in the third quarter. AGH Wealth Advisors LLC now owns 2,253 shares of the aerospace company’s stock valued at $768,000 after buying an additional 33 shares in the last quarter. Finally, Cozad Asset Management Inc. raised its stake in General Dynamics by 3.9% in the third quarter. Cozad Asset Management Inc. now owns 914 shares of the aerospace company’s stock valued at $312,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GD shares. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 price objective on shares of General Dynamics in a research report on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Citigroup upped their price target on General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Wall Street Zen cut shares of General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Susquehanna restated a “positive” rating and set a $420.00 price objective on shares of General Dynamics in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and an average target price of $376.26.

Insider Activity

In related news, VP David Paddock sold 20,360 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of the transaction, the vice president directly owned 36,644 shares of the company’s stock, valued at $12,272,808.48. This represents a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction that occurred on Friday, February 13th. The shares were 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 in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.50% of the company’s stock.

General Dynamics Price Performance

Shares of NYSE GD opened at $364.20 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The company has a market cap of $98.48 billion, a PE ratio of 23.57, a P/E/G ratio of 2.15 and a beta of 0.39. The stock has a fifty day moving average price of $354.72 and a 200 day moving average price of $342.23. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70.

General Dynamics (NYSE:GD) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the prior year, the firm earned $4.15 EPS. General Dynamics’s quarterly 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. Sell-side analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current year.

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.