Castlekeep Investment Advisors LLC Has $1.02 Million Stock Holdings in General Dynamics Corporation $GD

Castlekeep Investment Advisors LLC lowered its holdings in General Dynamics Corporation (NYSE:GD) by 35.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,984 shares of the aerospace company’s stock after selling 1,616 shares during the quarter. Castlekeep Investment Advisors LLC’s holdings in General Dynamics were worth $1,018,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GD. HighPoint Advisor Group LLC boosted its position in shares of General Dynamics by 2.8% in the third quarter. HighPoint Advisor Group LLC now owns 6,045 shares of the aerospace company’s stock valued at $2,061,000 after acquiring an additional 167 shares during the period. Optimize Financial Inc acquired a new position in General Dynamics during the 3rd quarter valued at $335,000. Savant Capital LLC boosted its holdings in General Dynamics by 16.9% in the 3rd quarter. Savant Capital LLC now owns 10,031 shares of the aerospace company’s stock valued at $3,421,000 after purchasing an additional 1,448 shares during the period. Unison Advisors LLC grew its position in General Dynamics by 0.5% in the 3rd quarter. Unison Advisors LLC now owns 17,197 shares of the aerospace company’s stock worth $5,864,000 after purchasing an additional 86 shares during the last quarter. Finally, Machina Capital S.A.S. increased its holdings in shares of General Dynamics by 62.3% during the 3rd quarter. Machina Capital S.A.S. now owns 14,741 shares of the aerospace company’s stock worth $5,027,000 after purchasing an additional 5,660 shares during the period. 86.14% of the stock is currently owned by institutional investors and hedge funds.

General Dynamics Stock Performance

General Dynamics stock opened at $352.79 on Thursday. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week 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. The stock has a fifty day moving average price of $348.47 and a two-hundred day moving average price of $336.06. The firm has a market capitalization of $95.39 billion, a P/E ratio of 22.83, a P/E/G ratio of 2.12 and a beta of 0.41.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. The business had revenue of $14.38 billion during the quarter, compared to analysts’ expectations of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the company posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 16th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, January 16th. General Dynamics’s payout ratio is presently 38.83%.

Insider Buying and Selling

In related news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of the sale, the vice president directly owned 36,644 shares of the company’s stock, valued at $12,272,808.48. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GD has been the topic of a number of recent research reports. Wolfe Research lifted their target price on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. 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 report on Wednesday, January 14th. The Goldman Sachs Group boosted their price objective on General Dynamics from $280.00 to $293.00 and gave the company a “sell” rating in a research report on Friday, October 10th. Melius Research raised General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen lowered shares of General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, General Dynamics currently has an average rating of “Moderate Buy” and a consensus target price of $375.47.

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.