Professional Advisory Services Inc. Decreases Stock Holdings in General Dynamics Corporation $GD

Professional Advisory Services Inc. reduced its position in shares of General Dynamics Corporation (NYSE:GD) by 3.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 67,099 shares of the aerospace company’s stock after selling 2,165 shares during the quarter. General Dynamics makes up about 2.9% of Professional Advisory Services Inc.’s holdings, making the stock its 14th biggest holding. Professional Advisory Services Inc.’s holdings in General Dynamics were worth $22,590,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Dunhill Financial LLC raised its stake in shares of General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of General Dynamics during the third quarter worth about $25,000. Dagco Inc. bought a new stake in shares of General Dynamics in the fourth quarter worth about $25,000. Halbert Hargrove Global Advisors LLC purchased a new position in General Dynamics during the 3rd quarter valued at about $26,000. Finally, Burkett Financial Services LLC increased its holdings in General Dynamics by 650.0% during the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 65 shares during the period. Institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Down 0.3%

GD opened at $346.26 on Wednesday. The firm’s 50 day simple moving average is $355.58 and its two-hundred day simple moving average is $345.14. The company has a market capitalization of $93.62 billion, a PE ratio of 22.41, a PEG ratio of 2.07 and a beta of 0.39. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the previous year, the firm posted $4.15 EPS. The company’s revenue for the quarter 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. As a group, equities analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current 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 given a $1.59 dividend. The ex-dividend date is Friday, April 10th. This is a positive change 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 (DPR) is currently 38.83%.

Insider Buying and Selling

In related news, VP Mark Rayha sold 4,370 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the sale, the vice president directly owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following 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 position. The SEC filing for this sale provides additional information. Insiders sold 51,260 shares of company stock worth $18,133,971 over the last ninety days. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GD. Morgan Stanley increased their price objective on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. UBS Group set a $393.00 target price on General Dynamics in a research note on Thursday, January 29th. Citigroup raised their price target on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. Finally, TD Cowen boosted their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $376.26.

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.