Wolfe Research Forecasts Strong Price Appreciation for General Dynamics (NYSE:GD) Stock

General Dynamics (NYSE:GD) had its price objective boosted by research analysts at Wolfe Research from $400.00 to $415.00 in a research note issued on Monday,MarketScreener reports. The firm presently has an “outperform” rating on the aerospace company’s stock. Wolfe Research’s target price indicates a potential upside of 12.59% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. Seaport Res Ptn raised General Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, September 29th. Bank of America upped their price target on shares of General Dynamics from $370.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Citigroup raised their price objective on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research report on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a research note on Wednesday, October 8th. Finally, Melius Research raised General Dynamics to a “strong-buy” rating in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, General Dynamics currently has a consensus rating of “Moderate Buy” and an average price target of $366.70.

General Dynamics Stock Performance

Shares of General Dynamics stock traded up $2.60 during trading hours on Monday, reaching $368.60. 1,462,130 shares of the stock traded hands, compared to its average volume of 1,639,632. General Dynamics has a one year low of $239.20 and a one year high of $368.78. The firm has a market capitalization of $99.57 billion, a price-to-earnings ratio of 23.89, a P/E/G ratio of 1.61 and a beta of 0.41. The company has a quick ratio of 0.87, a current ratio of 1.40 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average price of $343.54 and a 200 day moving average price of $329.58.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Friday, October 24th. The aerospace company reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $0.19. General Dynamics had a net margin of 8.18% and a return on equity of 18.27%. The company had revenue of $12.91 billion for the quarter, compared to the consensus estimate of $12.49 billion. During the same quarter last year, the firm posted $3.35 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. General Dynamics has set its FY 2025 guidance at 15.300-15.35 EPS. On average, equities research analysts expect that General Dynamics will post 14.83 earnings per share for the current fiscal year.

Insider Buying and Selling

In other General Dynamics news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction that occurred 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 transaction, the vice president owned 36,644 shares in the company, valued at $12,272,808.48. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

Several institutional investors have recently bought and sold shares of the business. Dunhill Financial LLC grew its position in General Dynamics by 620.0% in the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of General Dynamics in the 3rd quarter valued at approximately $25,000. Dagco Inc. purchased a new position in shares of General Dynamics in the 4th quarter worth approximately $25,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of General Dynamics during the 3rd quarter valued at approximately $26,000. Finally, Burkett Financial Services LLC raised 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 buying an additional 65 shares during the period. Institutional investors own 86.14% of the company’s stock.

General Dynamics News Summary

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

• Positive Sentiment: Wolfe Research raised its price target to $415 and kept an “outperform” rating — implies roughly 12.6% upside from current levels and reinforces buy-side conviction. Wolfe Research adjusts General Dynamics price target to 415 from 400; maintains outperform rating
• Positive Sentiment: TD Cowen bumped its target to $390 and kept a “buy” rating — another analyst upgrade adding incremental demand from institutional traders. TD Cowen adjusts price target on General Dynamics to 390 from 370; maintains buy rating
• Positive Sentiment: Unusually large options flow: traders bought ~163,813 call contracts (a >10,000% jump vs. average), signaling strong bullish/speculative interest or institutional hedging ahead of catalysts.
• Neutral Sentiment: Market commentary highlights defense and financials as strong sectors for the year, which supports demand for GD as a large diversified defense contractor. Financials and defense stocks have done very well, says Evans May Wealth’s Elizabeth Evans
• Neutral Sentiment: Industry tailwinds: a $1B Pentagon investment is boosting peers (L3Harris) and underscores broader defense spending that benefits GD’s revenue outlook. L3Harris Blasts Off With a $1 Billion Pentagon Payload (GD)
• Neutral Sentiment: Analyst/retail write-ups and valuation pieces are circulating (intrinsic-value and options-activity analyses) — useful for investors but not immediate market-moving by themselves. Estimating The Intrinsic Value Of General Dynamics Corporation (NYSE:GD)
• Negative Sentiment: Political/policy risk: commentary notes proposals (e.g., limiting defense buybacks, capping executive pay) that would be negative for the sector if enacted — however, those measures appear unlikely to pass in their current form. 5 Defense Stocks to Buy on Pentagon Spending Boost

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.