General Dynamics Corporation $GD Position Reduced by Twin Capital Management Inc.

Twin Capital Management Inc. lowered its stake in General Dynamics Corporation (NYSE:GD) by 42.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,917 shares of the aerospace company’s stock after selling 4,364 shares during the period. Twin Capital Management Inc.’s holdings in General Dynamics were worth $2,018,000 as of its most recent SEC filing.

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

Insider Activity

In other news, VP David Paddock sold 20,360 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total value of $6,818,971.20. Following the sale, the vice president owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. The trade was a 35.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

General Dynamics Stock Performance

GD stock opened at $360.37 on Friday. The company has a market capitalization of $97.44 billion, a P/E ratio of 23.32, a PEG ratio of 2.10 and a beta of 0.41. 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 company has a 50-day simple moving average of $349.09 and a 200 day simple moving average of $336.61. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $369.70.

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

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

Analyst Ratings Changes

A number of brokerages have issued reports on GD. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. Melius Research upgraded General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. Morgan Stanley boosted their price objective on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Bank of America reaffirmed a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a research report on Friday, January 30th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $375.47.

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.