General Dynamics Corporation (NYSE:GD) Receives Average Recommendation of “Moderate Buy” from Brokerages

General Dynamics Corporation (NYSE:GD) has been assigned a consensus rating of “Moderate Buy” from the twenty-one research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, thirteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $376.2632.

A number of research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Bank of America reiterated a “buy” rating and set a $400.00 price objective on shares of General Dynamics in a research note on Friday, January 30th. Wolfe Research raised their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a report on Monday, January 12th. Finally, Jefferies Financial Group increased their price target on General Dynamics from $360.00 to $385.00 and gave the stock a “hold” rating in a research report on Sunday, February 1st.

Insider Buying and Selling

In other General Dynamics news, CEO Phebe N. Novakovic sold 32,918 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total value of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $271,394,759.13. This trade represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark Lagrand Burns sold 10,153 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the transaction, the executive vice president owned 38,975 shares of the company’s stock, valued at $13,834,176.25. This represents a 20.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 51,260 shares of company stock valued at $18,133,971. 1.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On General Dynamics

Several large investors have recently made changes to their positions in GD. Cornerstone Planning LLC bought a new stake in shares of General Dynamics during the fourth quarter valued at approximately $3,416,000. Rockefeller Capital Management L.P. grew its holdings in General Dynamics by 12.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 106,218 shares of the aerospace company’s stock worth $35,760,000 after buying an additional 11,806 shares in the last quarter. World Investment Advisors increased its position in General Dynamics by 12.1% in the 4th quarter. World Investment Advisors now owns 23,413 shares of the aerospace company’s stock valued at $7,882,000 after acquiring an additional 2,526 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in General Dynamics in the 4th quarter valued at approximately $124,000. Finally, Eos Management L.P. raised its stake in General Dynamics by 12.9% during the 4th quarter. Eos Management L.P. now owns 5,061 shares of the aerospace company’s stock valued at $1,704,000 after acquiring an additional 580 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Price Performance

Shares of GD opened at $345.12 on Friday. General Dynamics has a 52 week low of $239.20 and a 52 week 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 firm has a market cap of $93.32 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 2.08 and a beta of 0.39. The stock has a 50 day moving average of $356.19 and a 200-day moving average of $344.50.

General Dynamics (NYSE:GD) last posted its quarterly 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. The business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, analysts forecast that General Dynamics will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be paid a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio (DPR) is currently 41.17%.

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.