MQS Management LLC Invests $1.16 Million in General Dynamics Corporation $GD

MQS Management LLC acquired a new stake in General Dynamics Corporation (NYSE:GD) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,391 shares of the aerospace company’s stock, valued at approximately $1,156,000. General Dynamics accounts for 0.7% of MQS Management LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other large investors have also added to or reduced their stakes in GD. Brighton Jones LLC increased its stake in shares of General Dynamics by 16.9% in the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC boosted its stake in General Dynamics by 140.2% during the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after acquiring an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in General Dynamics in the second quarter worth $240,000. Aberdeen Group plc increased its stake in General Dynamics by 20.6% in the second quarter. Aberdeen Group plc now owns 36,729 shares of the aerospace company’s stock valued at $10,712,000 after purchasing an additional 6,276 shares in the last quarter. Finally, Johnson Investment Counsel Inc. raised its holdings in shares of General Dynamics by 17.2% during the second quarter. Johnson Investment Counsel Inc. now owns 4,268 shares of the aerospace company’s stock valued at $1,245,000 after purchasing an additional 625 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $358.84 on Wednesday. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $350.11 and a 200-day moving average price of $337.67. The company has a market cap of $97.03 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 2.15 and a beta of 0.41.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.11 by $0.06. The company had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.General Dynamics’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 16th were paid a $1.50 dividend. The ex-dividend date was Friday, January 16th. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. General Dynamics’s dividend payout ratio is presently 38.83%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GD shares. Argus raised their target price on General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Robert W. Baird set a $390.00 price target on General Dynamics in a report on Monday, October 27th. Vertical Research raised General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a research note on Monday, October 27th. Morgan Stanley boosted their price objective on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.47.

Insider Activity at General Dynamics

In related news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the transaction, the vice president directly owned 36,644 shares of the company’s stock, valued at $12,272,808.48. This trade represents a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

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.