General Dynamics (NYSE:GD) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of General Dynamics (NYSE:GD) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also recently issued reports on GD. Wall Street Zen cut General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Citigroup decreased their price target on shares of General Dynamics from $389.00 to $380.00 and set a “neutral” rating for the company in a research note on Wednesday. Susquehanna reaffirmed a “positive” rating and issued a $420.00 price objective on shares of General Dynamics in a research note on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. Finally, UBS Group set a $393.00 target price on shares of General Dynamics in a research report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $384.42.

General Dynamics Stock Performance

Shares of GD opened at $349.33 on Tuesday. General Dynamics has a one year low of $239.20 and a one year high of $369.70. The company has a market cap of $94.62 billion, a PE ratio of 22.61, a P/E/G ratio of 2.09 and a beta of 0.38. The stock has a 50-day moving average of $353.18 and a 200-day moving average of $346.01. 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 quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. During the same period in the prior year, the business earned $4.15 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, equities research analysts predict that General Dynamics will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be paid a dividend of $1.59 per share. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. This represents a $6.36 annualized dividend and a yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is 38.83%.

Insider Activity

In other news, EVP Mark Lagrand Burns sold 10,153 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the sale, the executive vice president owned 38,975 shares in the company, valued at $13,834,176.25. This represents a 20.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the sale, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 51,260 shares of company stock valued at $18,133,971 over the last quarter. 1.50% of the stock is owned by insiders.

Hedge Funds Weigh In On General Dynamics

A number of hedge funds and other institutional investors have recently modified their holdings of GD. Brighton Jones LLC increased its position in shares of General Dynamics by 16.9% during the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after acquiring an additional 417 shares during the last quarter. Acadian Asset Management LLC boosted its position in General Dynamics by 140.2% in the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after purchasing an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC bought a new position in General Dynamics in the 2nd quarter valued at $240,000. American Century Companies Inc. increased its position in shares of General Dynamics by 13.6% during the 2nd quarter. American Century Companies Inc. now owns 18,037 shares of the aerospace company’s stock valued at $5,261,000 after purchasing an additional 2,165 shares during the last quarter. Finally, Smith Moore & CO. purchased a new stake in shares of General Dynamics during the 2nd quarter valued at $217,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics News Summary

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Wells Fargo initiated coverage and upgraded GD to “strong‑buy” / set an overweight stance with a $400 price target, signaling sizable analyst confidence and upside potential versus the current level. Read More.
• Positive Sentiment: Reports note fresh U.S. military A‑10 deployments to the Middle East and related defense contracts, highlighting near‑term demand tailwinds for GD’s defense services and systems. That geopolitical-driven defense spending narrative can bolster order visibility for the company. Read More.
• Positive Sentiment: Recent sessions showed outperformance versus the broader market (a multi‑day uptick was reported), reflecting short‑term buying interest and momentum following earnings and analyst activity. Read More.
• Neutral Sentiment: Analysts and commentators are debating whether recent price consolidation leaves value or whether upside is largely priced in; this kind of valuation check produces mixed near‑term trading but doesn’t change fundamentals. Read More.
• Negative Sentiment: Citigroup trimmed its price target to $380 and left a “neutral” rating, which reduces upside expectations relative to prior targets and may temper investor enthusiasm despite other bullish notes. Read More.
• Negative Sentiment: Political uncertainty — coverage noting President Trump’s comments about NATO — is casting risk on defense names broadly; headlines like this can increase volatility and lead some investors to step back despite domestic defense spending arguments. Read More.

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.