General Dynamics (NYSE:GD) EVP Marguerite Amy Gilliland Sells 3,819 Shares

General Dynamics Corporation (NYSE:GD) EVP Marguerite Amy Gilliland sold 3,819 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value of $1,350,016.50. Following the completion of the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $15,825,134.50. This represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

General Dynamics Stock Performance

NYSE:GD traded down $3.93 during midday trading on Friday, hitting $351.30. The company’s stock had a trading volume of 984,943 shares, compared to its average volume of 1,404,931. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $369.70. The firm’s 50 day moving average is $356.20 and its 200-day moving average is $343.33. The firm has a market cap of $94.99 billion, a P/E ratio of 22.74, a P/E/G ratio of 2.11 and a beta of 0.39.

General Dynamics (NYSE:GD) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same quarter in the prior year, the business earned $4.15 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on GD. Morgan Stanley increased their price target on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Citigroup raised their price objective on General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Bank of America reaffirmed a “buy” rating and set a $400.00 target price on shares of General Dynamics in a research note on Friday, January 30th. Wolfe Research boosted their price target on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and an average price target of $376.26.

Institutional Investors Weigh In On General Dynamics

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors raised its position in shares of General Dynamics by 12.1% in the fourth quarter. World Investment Advisors now owns 23,413 shares of the aerospace company’s stock valued at $7,882,000 after buying an additional 2,526 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in General Dynamics during the fourth quarter worth about $124,000. Eos Management L.P. raised its holdings in General Dynamics by 12.9% in the 4th quarter. Eos Management L.P. now owns 5,061 shares of the aerospace company’s stock valued at $1,704,000 after acquiring an additional 580 shares during the last quarter. Meadowbrook Advisors Group LLC acquired a new stake in General Dynamics in the 4th quarter valued at about $2,377,000. Finally, Advisortrust Partners LLC purchased a new position in General Dynamics in the 4th quarter worth approximately $334,000. Institutional investors and hedge funds own 86.14% 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.