General Dynamics Corporation (NYSE:GD) Short Interest Down 14.4% in January

General Dynamics Corporation (NYSE:GD) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 2,540,631 shares, a decrease of 14.4% from the January 15th total of 2,969,122 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 1,576,356 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 1,576,356 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

GD has been the topic of several analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a research report on Thursday, January 22nd. Bank of America reaffirmed a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research note on Friday, January 30th. Robert W. Baird set a $390.00 price objective on shares of General Dynamics in a research report on Monday, October 27th. Jefferies Financial Group boosted their target price on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Finally, UBS Group set a $393.00 price target on General Dynamics in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $375.47.

General Dynamics Stock Down 1.5%

General Dynamics stock traded down $5.14 during midday trading on Tuesday, hitting $342.50. 1,699,762 shares of the company’s stock were exchanged, compared to its average volume of 1,560,688. General Dynamics has a 12 month low of $239.20 and a 12 month 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. The company has a market cap of $92.61 billion, a PE ratio of 22.17, a P/E/G ratio of 2.08 and a beta of 0.41. The firm has a 50-day moving average of $350.73 and a two-hundred day moving average of $338.60.

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

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 16th were given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, January 16th. General Dynamics’s payout ratio is presently 38.83%.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, VP David Paddock sold 20,360 shares of General Dynamics stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Mark Rayha sold 4,370 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the sale, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On General Dynamics

Several institutional investors and hedge funds have recently added to or reduced their stakes in GD. Dunhill Financial LLC grew its position in shares of General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after buying an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in General Dynamics in the third quarter worth $25,000. Dagco Inc. acquired a new position in shares of General Dynamics during the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics during the 3rd quarter valued at $26,000. Finally, Burkett Financial Services LLC boosted its position in shares of General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 65 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.