1,445 Shares in General Dynamics Corporation $GD Bought by Petros Family Wealth LLC

Petros Family Wealth LLC bought a new position in General Dynamics Corporation (NYSE:GD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,445 shares of the aerospace company’s stock, valued at approximately $486,000.

Several other large investors have also recently bought and sold shares of GD. Dunhill Financial LLC grew its holdings 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 worth $25,000 after purchasing an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of General Dynamics in the third quarter valued at approximately $25,000. Dagco Inc. bought a new position in General Dynamics in the 4th quarter valued at approximately $25,000. Halbert Hargrove Global Advisors LLC acquired a new stake in General Dynamics during the 3rd quarter worth approximately $26,000. Finally, Burkett Financial Services LLC boosted its position in General Dynamics by 650.0% during the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after buying an additional 65 shares during the period. 86.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GD has been the subject of several recent research reports. Jefferies Financial Group upped their price target 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. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 price objective on shares of General Dynamics in a report on Monday, January 12th. Bank of America reaffirmed a “buy” rating and set a $400.00 target price on shares of General Dynamics in a research report on Friday, January 30th. Finally, Wall Street Zen downgraded General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $376.26.

General Dynamics Stock Down 2.4%

Shares of NYSE GD opened at $346.80 on Friday. The company’s 50 day moving average price is $354.65 and its 200-day moving average price is $345.43. 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 Corporation has a 52-week low of $239.20 and a 52-week high of $369.70. The company has a market capitalization of $93.77 billion, a P/E ratio of 22.45, a price-to-earnings-growth ratio of 2.11 and a beta of 0.39.

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

General Dynamics Increases Dividend

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

Insiders Place Their Bets

In other news, EVP Marguerite Amy Gilliland sold 3,819 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total value of $1,350,016.50. Following the transaction, the executive vice president directly owned 44,767 shares of the company’s stock, valued at $15,825,134.50. The trade was a 7.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction dated 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 sale, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 51,260 shares of company stock valued at $18,133,971. Insiders own 1.50% of the company’s stock.

General Dynamics Company 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.