General Dynamics (NYSE:GD) Downgraded by Deutsche Bank Aktiengesellschaft to “Hold”

Deutsche Bank Aktiengesellschaft downgraded shares of General Dynamics (NYSE:GD) from a buy rating to a hold rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has $387.00 price target on the aerospace company’s stock.

Several other research analysts also recently commented on the company. BNP Paribas Exane decreased their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $398.00 price objective on shares of General Dynamics in a research note on Monday, January 12th. Jefferies Financial Group decreased their price objective on General Dynamics from $385.00 to $380.00 and set a “hold” rating on the stock in a research note on Tuesday. TD Cowen raised their price objective on General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised their price objective on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $384.53.

General Dynamics Stock Up 0.5%

GD stock opened at $350.05 on Wednesday. General Dynamics has a fifty-two week low of $249.92 and a fifty-two week high of $369.70. The business’s 50-day moving average is $352.15 and its two-hundred day moving average is $346.83. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. The company has a market cap of $94.81 billion, a price-to-earnings ratio of 22.66, a P/E/G ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating 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 company had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the prior year, the company earned $4.15 earnings per share. General Dynamics’s revenue was up 7.8% on a year-over-year basis. 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 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. Investors 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 of this dividend is Friday, April 10th. This represents a $6.36 annualized dividend and a yield of 1.8%. General Dynamics’s dividend payout ratio is 38.83%.

Insider Transactions at General Dynamics

In other General Dynamics news, 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 completion of the transaction, the executive vice president owned 44,767 shares in the company, valued at $15,825,134.50. This trade represents a 7.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 51,260 shares of company stock worth $18,133,971. 1.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On General Dynamics

Several institutional investors have recently added to or reduced their stakes in GD. Vanguard Group Inc. boosted its holdings in shares of General Dynamics by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock worth $8,338,169,000 after purchasing an additional 528,769 shares during the period. State Street Corp boosted its holdings in shares of General Dynamics by 2.7% in the 4th quarter. State Street Corp now owns 11,323,170 shares of the aerospace company’s stock worth $3,812,058,000 after purchasing an additional 294,456 shares during the period. Geode Capital Management LLC boosted its holdings in shares of General Dynamics by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 6,065,462 shares of the aerospace company’s stock worth $2,039,742,000 after purchasing an additional 195,604 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of General Dynamics by 2.2% in the 4th quarter. JPMorgan Chase & Co. now owns 5,307,389 shares of the aerospace company’s stock worth $1,786,786,000 after purchasing an additional 114,647 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of General Dynamics by 5.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock worth $1,236,900,000 after purchasing an additional 187,435 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Trending Headlines about General Dynamics

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

• Positive Sentiment: GD won a $15.38 billion U.S. Navy contract modification tied to the Columbia-class submarine program, a multi-year, high-value award that materially supports long-term revenue visibility for GD’s Marine Systems and submarine-related businesses. A Look At General Dynamics (GD) Valuation After Wells Fargo Coverage And Major Navy Contract Win
• Positive Sentiment: General Dynamics secured a separate $450 million Marine Corps contract for a reconnaissance vehicle, adding near-term funded backlog and supporting margins in the land-systems segment. General Dynamics wins $450M Marine Corps contract for reconnaissance vehicle
• Positive Sentiment: Wells Fargo initiated coverage with an Overweight rating and a $400 price target, highlighting improving fundamentals and the multi-year contract runway — a catalyst for buy-side interest. Wells Fargo Initiates Coverage on General Dynamics Corporation (GD) with Overweight Rating
• Positive Sentiment: BNP Paribas Exane raised its price target to $430 and kept an Outperform rating, providing further upward pressure on sentiment from the sell-side. BNP Paribas Adjusts General Dynamics Price Target to $430 From $410; Maintains Outperform Rating
• Neutral Sentiment: Broader sector headlines are mixed after an announced Iran cease-fire; some defense names moved differently, leaving GD’s stock direction influenced more by company-specific contracts and analyst calls than by a uniform sector move. Defense Stocks Mixed After Iran Cease-Fire. Who’s Winning and Who’s Losing.
• Negative Sentiment: Deutsche Bank downgraded GD to Hold with a $387 target, signaling caution on valuation after the recent run-up and tempering some investor enthusiasm. General Dynamics Downgraded to Hold at Deutsche Bank: Defense Darling or Overpriced Bet?
• Negative Sentiment: Jefferies trimmed its price target to $380 and kept a Hold rating, another signal that some analysts view the stock as near-term stretched despite contract wins. Jefferies Lowers Price Target on General Dynamics
• Negative Sentiment: Industry ETFs and several defense names have pulled back amid geopolitical uncertainty and profit-taking, which can create headwinds for GD even as company fundamentals improve. Defense Stocks Fall. Why They Haven’t Had a Iran War Surge and What Can Drive Gains.

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.