Mitsubishi UFJ Asset Management Co. Ltd. Has $173.82 Million Holdings in General Dynamics Corporation $GD

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of General Dynamics Corporation (NYSE:GD) by 4.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 509,746 shares of the aerospace company’s stock after buying an additional 19,928 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.19% of General Dynamics worth $173,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC increased its holdings in General Dynamics by 16.9% during the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after purchasing an additional 417 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of General Dynamics by 140.2% in the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after buying an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of General Dynamics in the second quarter valued at about $240,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of General Dynamics by 3.2% in the second quarter. Ashton Thomas Private Wealth LLC now owns 1,661 shares of the aerospace company’s stock valued at $484,000 after buying an additional 51 shares during the last quarter. Finally, Howard Capital Management Inc. lifted its position in General Dynamics by 13.6% during the 2nd quarter. Howard Capital Management Inc. now owns 1,420 shares of the aerospace company’s stock worth $414,000 after buying an additional 170 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GD shares. Bank of America reaffirmed a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a research note on Friday, January 30th. JPMorgan Chase & Co. boosted their price objective on shares of General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. BNP Paribas Exane reduced their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a report on Thursday, January 29th. Jefferies Financial Group lifted their target price on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, Morgan Stanley upped their price target on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $376.26.

Insider Transactions at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David Paddock sold 20,360 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of the sale, the vice president owned 36,644 shares in the company, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.50% of the company’s stock.

General Dynamics Price Performance

GD opened at $350.72 on Friday. The company has a fifty day moving average price of $352.42 and a two-hundred day moving average price of $340.24. The firm has a market capitalization of $94.83 billion, a PE ratio of 22.70, a P/E/G ratio of 2.05 and a beta of 0.41. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. 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 results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same period last year, the company earned $4.15 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 16th were given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, January 16th. General Dynamics’s payout ratio is presently 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.