Apella Capital LLC Sells 2,062 Shares of General Dynamics Corporation $GD

Apella Capital LLC decreased its holdings in shares of General Dynamics Corporation (NYSE:GD) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,466 shares of the aerospace company’s stock after selling 2,062 shares during the period. Apella Capital LLC’s holdings in General Dynamics were worth $8,910,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Aaron Wealth Advisors LLC boosted its stake in General Dynamics by 8.3% during the fourth quarter. Aaron Wealth Advisors LLC now owns 8,862 shares of the aerospace company’s stock valued at $2,983,000 after buying an additional 678 shares during the period. Inlet Private Wealth LLC bought a new stake in General Dynamics during the fourth quarter valued at $1,377,000. Sound Income Strategies LLC boosted its stake in General Dynamics by 87.9% during the fourth quarter. Sound Income Strategies LLC now owns 218 shares of the aerospace company’s stock valued at $80,000 after buying an additional 102 shares during the period. Unison Advisors LLC boosted its stake in General Dynamics by 0.4% during the fourth quarter. Unison Advisors LLC now owns 17,272 shares of the aerospace company’s stock valued at $5,815,000 after buying an additional 75 shares during the period. Finally, Leo Wealth LLC bought a new stake in General Dynamics during the fourth quarter valued at $343,000. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 price target on shares of General Dynamics in a research note on Monday, January 12th. Morgan Stanley lifted their price target on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their price target on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Wells Fargo & Company assumed coverage on General Dynamics in a research note on Wednesday, April 1st. They set an “overweight” rating and a $400.00 price target for the company. Finally, Susquehanna reaffirmed a “positive” rating and set a $420.00 price target on shares of General Dynamics in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $384.42.

General Dynamics Trading Up 0.6%

Shares of GD stock opened at $351.22 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average price of $352.65 and a two-hundred day moving average price of $346.64. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70. The firm has a market cap of $95.13 billion, a P/E ratio of 22.73, a price-to-earnings-growth ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping the consensus estimate of $4.11 by $0.06. The firm had revenue of $14.38 billion for 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 quarter in the previous year, the business earned $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be issued a $1.59 dividend. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

Insider Buying and Selling

In other news, VP Mark Rayha sold 4,370 shares of General Dynamics 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 transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This represents a 20.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock worth $18,133,971 in the last ninety days. Corporate insiders own 1.50% of the company’s stock.

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.