Brokerages Set General Dynamics Corporation (NYSE:GD) Target Price at $391.15

Shares of General Dynamics Corporation (NYSE:GD) have received a consensus recommendation of “Moderate Buy” from the nineteen research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $406.3158.

A number of analysts have weighed in on the stock. Morgan Stanley increased their target price on shares of General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research report on Thursday. The Goldman Sachs Group dropped their price target on shares of General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research report on Monday, May 4th. Weiss Ratings raised shares of General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Jefferies Financial Group lifted their target price on shares of General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada boosted their target price on shares of General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a report on Thursday.

General Dynamics Trading Up 0.6%

NYSE GD opened at $383.34 on Friday. The firm has a market capitalization of $103.67 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 2.29 and a beta of 0.34. The business’s 50-day moving average price is $359.92 and its two-hundred day moving average price is $352.70. The company has a current ratio of 1.44, a quick ratio of 0.90 and a debt-to-equity ratio of 0.23. General Dynamics has a 12 month low of $306.03 and a 12 month high of $400.00.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.28. The company had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the company earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, analysts expect that General Dynamics will post 16.66 EPS for the current year.

General Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be given a $1.59 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $6.36 annualized dividend and a dividend yield of 1.7%. General Dynamics’s dividend payout ratio (DPR) is 38.80%.

Key Headlines Impacting General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Quarterly results exceeded expectations. General Dynamics reported Q2 EPS of $4.24 versus the $3.96 consensus, while revenue rose 8.1% year over year to $14.1 billion, beating estimates of approximately $13.5 billion. All four business segments grew, operating margin expanded to 10.4%, and operating cash flow reached $1.9 billion. General Dynamics Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Backlog and new orders support future revenue. Q2 orders totaled $20 billion, producing a 1.4-to-1 book-to-bill ratio and a record $136.5 billion backlog. Management also raised or reaffirmed 2026 guidance at $16.80-$16.90 in EPS and approximately $55.7 billion in revenue, above current analyst expectations. General Dynamics Q2 revenue rises 8.1% to $14.1 billion
• Positive Sentiment: A $76.6 billion Navy award strengthens the long-term outlook. Electric Boat received contracts for five Columbia-class and nine Virginia-class submarines, plus shipyard infrastructure support. The award should improve visibility and capacity utilization for General Dynamics’ Marine Systems business for years. General Dynamics Electric Boat submarine award
• Positive Sentiment: Analysts raised targets following the results. Morgan Stanley lifted its target to $465 and assigned an overweight rating; Susquehanna raised its target to $455 with a positive rating; and BNP Paribas Exane increased its target to $430 with an outperform rating.
• Neutral Sentiment: Some analysts remain cautious because visibility into future U.S. defense spending is limited, despite strong fundamentals. Balanced View on General Dynamics
• Negative Sentiment: Valuation-related downgrades could limit further gains. Seeking Alpha commentators argued that strong contract tailwinds may already be reflected in the share price and that the stock’s valuation is expensive. General Dynamics: Strong Tailwinds, But The Valuation Is Pricey

Insider Transactions at General Dynamics

In related news, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the sale, the director owned 10,643 shares in the company, valued at $3,884,695. This represents a 33.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,190 shares of company stock worth $27,041,022 over the last three months. 1.40% of the stock is owned by company insiders.

Institutional Trading of General Dynamics

Several large investors have recently modified their holdings of GD. Whipplewood Advisors LLC lifted its position in shares of General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 69 shares during the period. Steph & Co. grew its holdings 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 purchasing an additional 30 shares during the period. Scarborough Advisors LLC acquired a new stake in General Dynamics in the first quarter worth $29,000. Wilkerson Advisory Group LLC increased its stake in General Dynamics by 79.6% in the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 39 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in General Dynamics in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 86.14% 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.