General Dynamics Corporation $GD Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in shares of General Dynamics Corporation (NYSE:GD) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,131 shares of the aerospace company’s stock after purchasing an additional 1,610 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.07% of General Dynamics worth $69,646,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GD. WASHINGTON TRUST Co boosted its stake in General Dynamics by 453.3% during the 3rd quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock valued at $3,212,000 after purchasing an additional 7,716 shares during the period. Rockland Trust Co. increased its stake in shares of General Dynamics by 703.4% in the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock valued at $3,597,000 after purchasing an additional 9,235 shares during the period. Gold Investment Management Ltd. increased its stake in shares of General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock valued at $3,649,000 after purchasing an additional 4,532 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of General Dynamics by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock valued at $312,842,000 after buying an additional 32,262 shares during the last quarter. Finally, Davis Capital Management acquired a new position in shares of General Dynamics during the third quarter worth approximately $1,007,000. Institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling at General Dynamics

In other news, EVP Mark Lagrand Burns sold 10,153 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the completion of the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the transaction, the chief executive officer directly owned 766,457 shares in the company, valued at $271,394,759.13. This represents a 4.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 51,260 shares of company stock valued at $18,133,971 over the last 90 days. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Morgan Stanley raised their target price on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. UBS Group set a $393.00 price target on General Dynamics in a research report on Thursday, January 29th. JPMorgan Chase & Co. raised their price target on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Wall Street Zen cut shares of General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Jefferies Financial Group increased their target price on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, General Dynamics has a consensus rating of “Moderate Buy” and an average price target of $376.26.

General Dynamics Stock Performance

Shares of NYSE GD opened at $345.12 on Monday. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The firm has a market cap of $93.32 billion, a P/E ratio of 22.34, a PEG ratio of 2.06 and a beta of 0.39. The stock has a fifty day moving average price of $356.19 and a two-hundred day moving average price of $344.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the previous year, the business earned $4.15 EPS. The company’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. Research analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The firm 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. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio is currently 38.83%.

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.