General Dynamics (NYSE:GD) Price Target Lowered to $380.00 at Jefferies Financial Group

General Dynamics (NYSE:GD) had its price objective dropped by equities research analysts at Jefferies Financial Group from $385.00 to $380.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the aerospace company’s stock. Jefferies Financial Group’s price target indicates a potential upside of 8.97% from the stock’s previous close.

Several other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. UBS Group set a $393.00 target price on shares of General Dynamics in a research note on Thursday, January 29th. BNP Paribas Exane lowered their target price on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. 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, Susquehanna reiterated a “positive” rating and issued a $420.00 target price on shares of General Dynamics in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics presently has an average rating of “Moderate Buy” and an average target price of $384.16.

General Dynamics Stock Performance

GD stock traded down $2.66 during midday trading on Tuesday, reaching $348.73. 73,057 shares of the company’s stock traded hands, compared to its average volume of 1,386,800. The company has a 50-day moving average price of $352.65 and a two-hundred day moving average price of $346.64. 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 has a 52 week low of $249.92 and a 52 week high of $369.70. The firm has a market capitalization of $94.45 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last issued its earnings results 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 business had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same quarter in the previous year, the firm posted $4.15 EPS. The business’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 anticipate that General Dynamics will post 14.83 EPS for the current year.

Insider Activity at General Dynamics

In other General Dynamics news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction that occurred on 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 sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,834,176.25. The trade was a 20.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of General Dynamics 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 sale, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 51,260 shares of company stock valued at $18,133,971. Company insiders own 1.50% of the company’s stock.

Institutional Trading of General Dynamics

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Joule Financial LLC boosted its stake in General Dynamics by 4.3% in the fourth quarter. Joule Financial LLC now owns 705 shares of the aerospace company’s stock worth $237,000 after buying an additional 29 shares in the last quarter. Brown Miller Wealth Management LLC boosted its stake in General Dynamics by 0.3% in the fourth quarter. Brown Miller Wealth Management LLC now owns 8,889 shares of the aerospace company’s stock worth $2,993,000 after buying an additional 29 shares in the last quarter. Crowley Wealth Management Inc. boosted its stake in General Dynamics by 1.4% in the third quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock worth $767,000 after buying an additional 30 shares in the last quarter. First Financial Bankshares Inc boosted its stake in General Dynamics by 2.6% in the third quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock worth $408,000 after buying an additional 30 shares in the last quarter. Finally, Steph & Co. boosted its stake in General Dynamics by 65.2% in the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after buying an additional 30 shares in the last quarter. Hedge funds and other institutional investors 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.