Caerus Investment Advisors LLC Takes Position in General Dynamics Corporation $GD

Caerus Investment Advisors LLC purchased a new stake in General Dynamics Corporation (NYSE:GD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,185 shares of the aerospace company’s stock, valued at approximately $1,086,000.

A number of other institutional investors have also modified their holdings of the stock. Crowley Wealth Management Inc. grew its position in shares of General Dynamics by 1.4% during 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 period. First Financial Bankshares Inc raised its holdings 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 worth $408,000 after purchasing an additional 30 shares during the period. Columbus Macro LLC boosted its position in General Dynamics by 0.4% during the third quarter. Columbus Macro LLC now owns 8,644 shares of the aerospace company’s stock worth $2,948,000 after purchasing an additional 33 shares in the last quarter. AGH Wealth Advisors LLC grew its holdings in General Dynamics by 1.5% in the third quarter. AGH Wealth Advisors LLC now owns 2,253 shares of the aerospace company’s stock valued at $768,000 after purchasing an additional 33 shares during the period. Finally, Cozad Asset Management Inc. grew its holdings in General Dynamics by 3.9% in the third quarter. Cozad Asset Management Inc. now owns 914 shares of the aerospace company’s stock valued at $312,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Activity at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction 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 trade represents a 35.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the sale, the executive vice president directly owned 38,975 shares in the company, valued at approximately $13,834,176.25. The trade was a 20.67% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 51,260 shares of company stock valued at $18,133,971. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GD. TD Cowen raised their target price on General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Morgan Stanley lifted their price objective on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Jefferies Financial Group upped their target price on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Argus upped their price objective on shares of General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Bank of America reiterated a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $376.26.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $356.26 on Wednesday. The firm has a market cap of $96.33 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 2.11 and a beta of 0.39. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. The business’s fifty day simple moving average is $356.25 and its 200-day simple moving average is $344.25.

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, topping analysts’ consensus estimates of $4.11 by $0.06. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the company earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The business 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 positive change 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 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s payout ratio is presently 41.17%.

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.