General Dynamics Corporation $GD Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC decreased its stake in General Dynamics Corporation (NYSE:GD) by 2.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,653 shares of the aerospace company’s stock after selling 2,417 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in General Dynamics were worth $27,844,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GD. Brighton Jones LLC boosted its stake in shares of General Dynamics by 16.9% during the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of General Dynamics by 140.2% in the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after purchasing an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in General Dynamics in the 2nd quarter worth about $240,000. AE Wealth Management LLC boosted its position in General Dynamics by 13.6% during the second quarter. AE Wealth Management LLC now owns 5,531 shares of the aerospace company’s stock worth $1,613,000 after purchasing an additional 663 shares in the last quarter. Finally, Rathbones Group PLC grew its holdings in General Dynamics by 3.2% in the second quarter. Rathbones Group PLC now owns 2,236 shares of the aerospace company’s stock valued at $652,000 after purchasing an additional 70 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

General Dynamics Price Performance

NYSE:GD opened at $353.88 on Thursday. General Dynamics Corporation has a one year low of $239.20 and a one year high of $369.70. The stock has a market cap of $95.69 billion, a PE ratio of 22.90, a P/E/G ratio of 2.12 and a beta of 0.39. 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 stock has a 50 day moving average price of $355.83 and a 200 day moving average price of $343.24.

General Dynamics (NYSE:GD) last posted 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 return on equity of 17.57% and a net margin of 8.01%.The business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same quarter in the previous year, the firm earned $4.15 EPS. The company’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. Equities research analysts expect that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be paid a $1.59 dividend. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio is currently 41.17%.

Insiders Place Their Bets

In other General Dynamics news, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP David Paddock sold 20,360 shares of General Dynamics stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the sale, the vice president owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This represents a 35.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. BNP Paribas Exane decreased their target price on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Argus upped their price objective on shares of General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. UBS Group set a $393.00 price objective on shares of General Dynamics in a report on Thursday, January 29th. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Finally, Citigroup upped 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. One investment 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 given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $376.26.

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.