Argus Boosts General Dynamics (NYSE:GD) Price Target to $395.00

General Dynamics (NYSE:GD) had its price objective boosted by investment analysts at Argus from $380.00 to $395.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage currently has a “buy” rating on the aerospace company’s stock. Argus’ price objective would suggest a potential upside of 12.45% from the stock’s previous close.

Several other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. raised their target price on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Sanford C. Bernstein restated a “market perform” rating and set a $398.00 price objective on shares of General Dynamics in a report on Monday, January 12th. Wolfe Research boosted their target price 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. Citigroup increased their target price on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $376.26.

General Dynamics Trading Down 0.9%

NYSE:GD opened at $351.26 on Thursday. General Dynamics has a 52 week low of $239.20 and a 52 week high of $369.70. The firm has a 50-day moving average price of $351.58 and a two-hundred day moving average price of $339.28. 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 firm has a market cap of $94.98 billion, a price-to-earnings ratio of 22.74, a price-to-earnings-growth ratio of 2.12 and a beta of 0.41.

General Dynamics (NYSE:GD) last released its earnings results 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. The company had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.General Dynamics’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, equities analysts expect that General Dynamics will post 14.83 earnings per share for the current fiscal year.

Insider Buying and Selling at General Dynamics

In related news, VP David Paddock sold 20,360 shares of the business’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 sale, the vice president directly owned 36,644 shares in the company, valued at approximately $12,272,808.48. The trade was a 35.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the firm’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 transaction, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GD. Gold Investment Management Ltd. grew its stake in shares of General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock worth $3,649,000 after purchasing an additional 4,532 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in General Dynamics by 3.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock worth $312,842,000 after buying an additional 32,262 shares during the period. Davis Capital Management bought a new stake in shares of General Dynamics in the 3rd quarter worth approximately $1,007,000. Rockland Trust Co. increased its stake in shares of General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock valued at $3,597,000 after buying an additional 9,235 shares during the period. Finally, Los Angeles Capital Management LLC raised its holdings in shares of General Dynamics by 20.9% during the second quarter. Los Angeles Capital Management LLC now owns 299,137 shares of the aerospace company’s stock valued at $87,246,000 after acquiring an additional 51,655 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

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.