General Dynamics Corporation $GD Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC raised its stake in General Dynamics Corporation (NYSE:GD) by 51.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,259 shares of the aerospace company’s stock after acquiring an additional 5,173 shares during the period. Park Avenue Securities LLC’s holdings in General Dynamics were worth $5,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in GD. Dunhill Financial LLC boosted its position in shares of General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in General Dynamics in the third quarter valued at approximately $25,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of General Dynamics in the third quarter valued at approximately $26,000. Burkett Financial Services LLC grew its position in shares of General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 65 shares during the last quarter. Finally, Louisbourg Investments Inc. purchased a new position in shares of General Dynamics during the third quarter worth approximately $27,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insiders Place Their Bets

In other General Dynamics news, EVP Mark Lagrand Burns sold 10,153 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $13,834,176.25. The trade was a 20.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total value of $1,350,016.50. Following the transaction, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,260 shares of company stock worth $18,133,971 over the last quarter. 1.50% of the stock is owned by company insiders.

General Dynamics Stock Performance

Shares of GD opened at $345.12 on Friday. The stock has a market capitalization of $93.32 billion, a P/E ratio of 22.34, a P/E/G ratio of 2.06 and a beta of 0.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The company’s fifty day moving average is $356.19 and its two-hundred day moving average is $344.64.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping the consensus estimate of $4.11 by $0.06. The company had revenue of $14.38 billion during 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%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, sell-side analysts predict that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be given a $1.59 dividend. The ex-dividend date is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. General Dynamics’s payout ratio is 38.83%.

Analysts Set New Price Targets

GD has been the subject of several research reports. Citigroup upped their price target on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Argus upped their target price on shares of General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. UBS Group set a $393.00 target price on shares of General Dynamics in a research note on Thursday, January 29th. Finally, Wall Street Zen cut General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $376.26.

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.