Fieldview Capital Management LLC Acquires New Position in General Dynamics Corporation $GD

Fieldview Capital Management LLC bought a new stake in shares of General Dynamics Corporation (NYSE:GD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,603 shares of the aerospace company’s stock, valued at approximately $2,593,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GD. WASHINGTON TRUST Co raised its position in shares of General Dynamics by 453.3% during the 3rd quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock worth $3,212,000 after buying an additional 7,716 shares in the last quarter. Gold Investment Management Ltd. boosted its holdings in shares of General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock valued at $3,649,000 after acquiring an additional 4,532 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of General Dynamics by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock valued at $312,842,000 after acquiring an additional 32,262 shares during the period. Davis Capital Management bought a new stake in General Dynamics during the third quarter worth approximately $1,007,000. Finally, Rockland Trust Co. raised its holdings in General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock worth $3,597,000 after purchasing an additional 9,235 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley lifted their price target on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Wolfe Research upped their price objective on General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, January 12th. UBS Group set a $393.00 target price on General Dynamics in a research note on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $376.26.

General Dynamics Price Performance

Shares of NYSE:GD opened at $364.20 on Monday. The stock has a market capitalization of $98.48 billion, a P/E ratio of 23.57, a P/E/G ratio of 2.17 and a beta of 0.39. The business has a 50-day moving average of $354.72 and a two-hundred day moving average of $342.59. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $369.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89.

General Dynamics (NYSE:GD) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating 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 business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same period last year, the business posted $4.15 EPS. General Dynamics’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, equities research analysts predict that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction that occurred on 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 sale, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David Paddock sold 20,360 shares of the business’s stock in a transaction on 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 sale, the vice president directly owned 36,644 shares in the company, valued at $12,272,808.48. This trade represents a 35.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.50% of the company’s stock.

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.