Insider Selling: General Dynamics (NYSE:GD) VP Sells $1,524,212.30 in Stock

General Dynamics Corporation (NYSE:GD) VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction dated 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 directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. The trade was a 35.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

General Dynamics Stock Performance

General Dynamics stock opened at $354.35 on Friday. The firm has a market capitalization of $95.81 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 2.09 and a beta of 0.41. General Dynamics Corporation has a one year low of $239.20 and a one year high of $369.70. The stock’s 50 day moving average price is $351.30 and its 200 day moving average price is $339.01. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (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 company had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter last year, the company earned $4.15 earnings per share. General Dynamics’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. As a group, sell-side analysts expect that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were issued a $1.50 dividend. The ex-dividend date was Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s payout ratio is currently 38.83%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GD. AQR Capital Management LLC lifted its holdings in General Dynamics by 118.3% in the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after acquiring an additional 901,679 shares during the last quarter. Northern Trust Corp raised its position in shares of General Dynamics by 35.0% during the 3rd quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after purchasing an additional 863,392 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of General Dynamics by 3,306.5% in the 3rd quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock worth $297,029,000 after purchasing an additional 845,482 shares during the last quarter. Ameriprise Financial Inc. boosted its position in General Dynamics by 25.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock valued at $1,003,444,000 after purchasing an additional 691,340 shares during the period. Finally, Vanguard Group Inc. grew its stake in General Dynamics by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after buying an additional 677,665 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. TD Cowen boosted their price target on General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Susquehanna restated a “positive” rating and set a $420.00 price objective on shares of General Dynamics in a report on Thursday, January 15th. Sanford C. Bernstein reiterated a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. Citigroup raised their price target on shares of General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Jefferies Financial Group upped their price target on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $375.47.

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.