IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 1,780 Shares of General Dynamics Corporation $GD

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its holdings in General Dynamics Corporation (NYSE:GD) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,810 shares of the aerospace company’s stock after acquiring an additional 1,780 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in General Dynamics were worth $9,142,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GD. Halbert Hargrove Global Advisors LLC bought a new stake in shares of General Dynamics during the 3rd quarter worth $26,000. Louisbourg Investments Inc. purchased a new stake in General Dynamics during the third quarter worth about $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after buying an additional 49 shares during the last quarter. NewSquare Capital LLC raised its position in General Dynamics by 64.7% in the second quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 44 shares during the period. Finally, Harbor Asset Planning Inc. bought a new stake in shares of General Dynamics in the 2nd quarter worth approximately $35,000. 86.14% of the stock is currently owned by institutional investors.

Insider Activity

In related news, VP David Paddock sold 20,360 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of the transaction, the vice president directly owned 36,644 shares in the company, valued at $12,272,808.48. This trade represents a 35.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

General Dynamics Price Performance

Shares of NYSE GD opened at $351.96 on Friday. The company’s 50-day moving average is $348.70 and its 200 day moving average is $336.17. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The stock has a market capitalization of $95.17 billion, a P/E ratio of 22.78, a P/E/G ratio of 2.11 and a beta of 0.41. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.11 by $0.06. The firm had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, sell-side analysts expect that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 16th will be given a $1.50 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s dividend payout ratio is currently 38.83%.

Analyst Upgrades and Downgrades

GD has been the topic of several recent research reports. Vertical Research raised shares of General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price objective on the stock in a report on Monday, October 27th. Robert W. Baird set a $390.00 target price on General Dynamics in a report on Monday, October 27th. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 price objective on shares of General Dynamics in a research report on Monday, January 12th. UBS Group set a $393.00 target price on shares of General Dynamics in a report on Thursday, January 29th. Finally, Susquehanna reissued a “positive” rating and issued a $420.00 price target on shares of General Dynamics in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, General Dynamics has an average rating of “Moderate Buy” and a consensus price target of $375.47.

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.