General Dynamics Corporation $GD Shares Acquired by Aprio Wealth Management LLC

Aprio Wealth Management LLC lifted its stake in shares of General Dynamics Corporation (NYSE:GD) by 146.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,225 shares of the aerospace company’s stock after purchasing an additional 2,509 shares during the quarter. Aprio Wealth Management LLC’s holdings in General Dynamics were worth $1,422,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Joule Financial LLC grew its stake in shares of General Dynamics by 4.3% during the 4th quarter. Joule Financial LLC now owns 705 shares of the aerospace company’s stock worth $237,000 after purchasing an additional 29 shares during the period. Brown Miller Wealth Management LLC grew its stake in General Dynamics by 0.3% in the 4th quarter. Brown Miller Wealth Management LLC now owns 8,889 shares of the aerospace company’s stock valued at $2,993,000 after acquiring an additional 29 shares during the last quarter. Crowley Wealth Management Inc. grew its stake in General Dynamics by 1.4% in the 3rd quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after acquiring an additional 30 shares during the last quarter. First Financial Bankshares Inc grew its stake in General Dynamics by 2.6% in the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock valued at $408,000 after acquiring an additional 30 shares during the last quarter. Finally, Steph & Co. grew its stake in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 30 shares during the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GD has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft cut shares of General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 price objective on the stock. in a research note on Wednesday, April 8th. Jefferies Financial Group cut their price objective on shares of General Dynamics from $385.00 to $380.00 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 price target on shares of General Dynamics in a report on Monday, January 12th. Wolfe Research lifted their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company started coverage on shares of General Dynamics in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $400.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, General Dynamics has a consensus rating of “Moderate Buy” and an average price target of $389.78.

Insider Activity

In other news, VP Mark Rayha sold 4,370 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the sale, the vice president owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value 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 represents a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 51,260 shares of company stock valued at $18,133,971. 1.40% of the stock is currently owned by insiders.

General Dynamics Price Performance

Shares of General Dynamics stock opened at $312.65 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $346.58 and its two-hundred day moving average price is $346.38. General Dynamics Corporation has a 52 week low of $266.98 and a 52 week high of $369.70. The stock has a market cap of $84.68 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38.

General Dynamics (NYSE:GD) last issued its quarterly 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. 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 for the quarter, compared to analysts’ expectations of $13.77 billion. During the same period in the previous year, the business earned $4.15 earnings per share. General Dynamics’s revenue for the quarter 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, sell-side analysts anticipate that General Dynamics Corporation will post 16.3 EPS for the current fiscal year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 2.0%. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s payout ratio is 41.17%.

General Dynamics 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.