General Dynamics (NYSE:GD – Get Free Report) had its target price boosted by BNP Paribas Exane from $410.00 to $430.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price objective suggests a potential upside of 22.84% from the stock’s previous close.
Several other research analysts also recently commented on GD. Jefferies Financial Group cut their price target on shares of General Dynamics from $385.00 to $380.00 and set a “hold” rating for the company in a report on Tuesday. TD Cowen lifted their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Morgan Stanley lifted their price objective on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 price objective on shares of General Dynamics in a report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 price objective for the company. in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, General Dynamics presently has a consensus rating of “Moderate Buy” and a consensus price target of $384.53.
Check Out Our Latest Analysis on General Dynamics
General Dynamics Stock Up 0.5%
General Dynamics (NYSE:GD – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same period last year, the firm earned $4.15 EPS. The business’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. Analysts anticipate that General Dynamics will post 14.83 EPS for the current fiscal year.
Insider Buying and Selling at General Dynamics
In related news, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the transaction, the chief executive officer owned 766,457 shares in the company, valued at $271,394,759.13. This trade represents a 4.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 51,260 shares of company stock worth $18,133,971 in the last 90 days. 1.50% of the stock is owned by company insiders.
Hedge Funds Weigh In On General Dynamics
A number of large investors have recently added to or reduced their stakes in GD. Vanguard Group Inc. increased its position in shares of General Dynamics by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock valued at $8,338,169,000 after acquiring an additional 528,769 shares during the period. State Street Corp increased its position in shares of General Dynamics by 2.7% in the fourth quarter. State Street Corp now owns 11,323,170 shares of the aerospace company’s stock valued at $3,812,058,000 after acquiring an additional 294,456 shares during the period. Geode Capital Management LLC increased its position in shares of General Dynamics by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 6,065,462 shares of the aerospace company’s stock valued at $2,039,742,000 after acquiring an additional 195,604 shares during the period. JPMorgan Chase & Co. increased its position in shares of General Dynamics by 2.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,307,389 shares of the aerospace company’s stock valued at $1,786,786,000 after acquiring an additional 114,647 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of General Dynamics by 5.4% in the third quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock valued at $1,236,900,000 after acquiring an additional 187,435 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.
Key Headlines Impacting 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.
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.
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