Leonteq Securities AG raised its stake in shares of General Dynamics Corporation (NYSE:GD – Free Report) by 35.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 5,360 shares of the aerospace company’s stock after acquiring an additional 1,400 shares during the period. Leonteq Securities AG’s holdings in General Dynamics were worth $1,840,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. KERR FINANCIAL PLANNING Corp purchased a new position in shares of General Dynamics during the third quarter valued at approximately $25,000. Dagco Inc. purchased a new stake in General Dynamics in the fourth quarter worth approximately $25,000. Burkett Financial Services LLC grew its position in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 65 shares during the period. Steph & Co. grew its position in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the period. Finally, Center for Financial Planning Inc. raised its stake in General Dynamics by 220.7% during the 4th quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after buying an additional 64 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on GD. Deutsche Bank Aktiengesellschaft dropped their price target on General Dynamics from $387.00 to $377.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. BNP Paribas Exane reduced their price objective on General Dynamics from $430.00 to $390.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. Citigroup dropped their target price on General Dynamics from $380.00 to $364.00 and set a “neutral” rating on the stock in a research report on Monday, May 18th. Weiss Ratings upgraded General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday. Finally, Morgan Stanley upped their price target on shares of General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, General Dynamics presently has a consensus rating of “Moderate Buy” and a consensus price target of $388.40.
Insider Transactions at General Dynamics
In other news, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the transaction, the executive vice president owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This trade represents a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the transaction, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,190 shares of company stock valued at $27,041,022. Company insiders own 1.40% of the company’s stock.
General Dynamics Trading Down 0.1%
Shares of General Dynamics stock opened at $373.34 on Friday. General Dynamics Corporation has a 1-year low of $292.34 and a 1-year high of $373.60. The company’s fifty day simple moving average is $344.97 and its 200-day simple moving average is $348.35. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.90. The stock has a market capitalization of $100.96 billion, a PE ratio of 23.50, a P/E/G ratio of 2.31 and a beta of 0.34.
General Dynamics (NYSE:GD – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, topping the consensus estimate of $3.67 by $0.43. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The firm had revenue of $13.48 billion during the quarter, compared to analyst estimates of $12.70 billion. During the same period in the prior year, the business posted $3.66 EPS. General Dynamics’s revenue was up 10.3% on a year-over-year basis. As a group, equities analysts anticipate that General Dynamics Corporation will post 16.63 earnings per share for the current year.
General Dynamics Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 2nd will be given a $1.59 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s dividend payout ratio is presently 40.03%.
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.
Read More
- Five stocks we like better than General Dynamics
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
Receive News & Ratings for General Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.
