Financial Planning Hawaii Inc. Takes Position in General Dynamics Corporation $GD

Financial Planning Hawaii Inc. acquired a new position in shares of General Dynamics Corporation (NYSE:GD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,277 shares of the aerospace company’s stock, valued at approximately $1,103,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GD. Dunhill Financial LLC increased its stake in General Dynamics by 620.0% during the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of General Dynamics in the third quarter valued at approximately $25,000. Dagco Inc. bought a new stake in shares of General Dynamics during the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of General Dynamics during the third quarter worth $26,000. Finally, Burkett Financial Services LLC raised its holdings 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 period. 86.14% of the stock is owned by institutional investors and hedge funds.

General Dynamics Stock Performance

Shares of GD opened at $339.81 on Tuesday. The company has a market cap of $91.88 billion, a PE ratio of 21.99, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39. The firm has a 50-day moving average of $354.10 and a 200-day moving average of $345.83. General Dynamics Corporation has a one year low of $239.20 and a one year 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 issued 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 company had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same period in the prior year, the firm earned $4.15 EPS. General Dynamics’s quarterly 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. As a group, equities analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be paid a dividend of $1.59 per share. The ex-dividend date is Friday, April 10th. This represents a $6.36 annualized dividend and a dividend yield of 1.9%. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio is presently 38.83%.

Insiders Place Their Bets

In related news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the completion of the sale, the executive vice president owned 38,975 shares of the company’s stock, valued at approximately $13,834,176.25. The trade was a 20.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the sale, the executive vice president owned 44,767 shares of the company’s stock, valued at $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,260 shares of company stock valued at $18,133,971 over the last 90 days. 1.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on GD. Susquehanna reiterated a “positive” rating and set a $420.00 target price on shares of General Dynamics in a report on Thursday, January 15th. UBS Group set a $393.00 price target on General Dynamics in a report on Thursday, January 29th. Morgan Stanley increased their price objective on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wall Street Zen lowered General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 price target on shares of General Dynamics in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $376.26.

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.