General Dynamics (NYSE:GD – Free Report) had its target price hoisted by Royal Bank Of Canada from $360.00 to $400.00 in a research report released on Monday, Marketbeat.com reports. They currently have a sector perform rating on the aerospace company’s stock.
A number of other equities analysts also recently issued reports on the stock. Susquehanna increased their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Morgan Stanley boosted their price objective on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Sanford C. Bernstein reduced their price objective on shares of General Dynamics from $407.00 to $365.00 and set a “market perform” rating for the company in a research note on Wednesday, October 14th. Jefferies Financial Group restated a “buy” rating and set a $455.00 target price on shares of General Dynamics in a report on Monday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a research report on Monday, September 28th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, General Dynamics presently has a consensus rating of “Moderate Buy” and an average target price of $408.94.
Check Out Our Latest Analysis on General Dynamics
General Dynamics Stock Down 2.5%
NYSE:GD opened at $365.13 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.43 and a quick ratio of 0.94. General Dynamics has a 1-year low of $306.77 and a 1-year high of $400.00. The company has a 50-day moving average of $350.79 and a 200 day moving average of $355.13. The firm has a market cap of $98.66 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 2.15 and a beta of 0.30.
General Dynamics (NYSE:GD – Get Free Report) last posted its earnings results on Friday, October 30th. The aerospace company reported $4.49 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $0.37. General Dynamics had a net margin of 8.24% and a return on equity of 17.60%. The business had revenue of $14.57 billion for the quarter, compared to the consensus estimate of $13.72 billion. During the same quarter last year, the firm posted $3.88 EPS. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. As a group, research analysts anticipate that General Dynamics will post 17.29 EPS for the current fiscal year.
Insider Activity at General Dynamics
In other news, Director Robert K. Steel sold 7,440 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total value of $2,574,612.00. Following the sale, the director directly owned 3,096 shares in the company, valued at approximately $1,071,370.80. This trade represents a 70.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of GD. BlackRock Inc. purchased a new stake in shares of General Dynamics during the 2nd quarter valued at approximately $6,840,590,000. State Street Corp grew its position in General Dynamics by 3.3% in the second quarter. State Street Corp now owns 11,811,099 shares of the aerospace company’s stock worth $4,183,964,000 after acquiring an additional 374,682 shares during the period. Bank of America Corp DE purchased a new position in General Dynamics in the second quarter worth approximately $2,603,527,000. Sanders Capital LLC increased its stake in General Dynamics by 0.3% during the third quarter. Sanders Capital LLC now owns 3,555,708 shares of the aerospace company’s stock worth $1,179,891,000 after acquiring an additional 9,552 shares during the last quarter. Finally, Corient Private Wealth LP increased its stake in General Dynamics by 806.3% during the second quarter. Corient Private Wealth LP now owns 1,661,702 shares of the aerospace company’s stock worth $588,641,000 after acquiring an additional 1,478,353 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.
Key General Dynamics News
Here are the key news stories impacting General Dynamics this week:
- Positive Sentiment: Zacks upgraded GD to Rank #2 (Buy), citing improving earnings prospects—a potentially supportive signal for near-term sentiment. Zacks upgrade article
- Positive Sentiment: General Dynamics raised its FY 2026 outlook to EPS of $17.20–$17.30 and revenue of $56.5–$56.8 billion, above the cited consensus estimates of $17.00 and $55.9 billion, respectively. Guidance report
- Positive Sentiment: Analyst coverage was broadly constructive: Citigroup reportedly expects the stock to rise, RBC raised its price target, and Morgan Stanley lifted its target to $480 with an Overweight rating. Morgan Stanley cited Marine Systems productivity gains and a Gulfstream delivery ramp as growth supports. Morgan Stanley analysis
- Neutral Sentiment: Coverage highlighted GD’s sizable backlog as a source of potential long-term demand, while also flagging execution risks. The supplied article details do not specify the risks. Backlog analysis
- Neutral Sentiment: A comparison of General Dynamics and GE Aerospace against their sector was published, but the summary provided does not include performance figures or a clear implication for GD. Sector comparison
- Negative Sentiment: The execution concerns mentioned in backlog coverage could weigh on investor sentiment if delivery or program performance falls short, though no specific issue was provided.
General Dynamics Company Profile
General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.
The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.
Recommended Stories
- Five stocks we like better than General Dynamics
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
