Entropy Technologies LP Sells 15,382 Shares of General Dynamics Corporation $GD

Entropy Technologies LP trimmed its position in General Dynamics Corporation (NYSE:GD) by 56.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,050 shares of the aerospace company’s stock after selling 15,382 shares during the quarter. Entropy Technologies LP’s holdings in General Dynamics were worth $4,109,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC increased its position in shares of General Dynamics by 620.0% in the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 62 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of General Dynamics in the third quarter worth about $26,000. Louisbourg Investments Inc. purchased a new position in General Dynamics during the 3rd quarter valued at about $27,000. Redmont Wealth Advisors LLC purchased a new position in General Dynamics during the 3rd quarter valued at about $30,000. Finally, Financial Life Planners bought a new position in General Dynamics during the 3rd quarter valued at approximately $33,000. 86.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, VP Mark Rayha sold 4,370 shares of the business’s 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 completion of the transaction, the vice president directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the vice president owned 36,644 shares in the company, valued at $12,272,808.48. This represents a 35.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.50% of the company’s stock.

General Dynamics Trading Up 0.3%

General Dynamics stock opened at $355.07 on Friday. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $369.70. The business’s fifty day simple moving average is $356.20 and its two-hundred day simple moving average is $343.33. The company has a market capitalization of $96.01 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 2.11 and a beta of 0.39. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27.

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

General Dynamics Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be issued a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, April 10th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio is 38.83%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GD. UBS Group set a $393.00 price objective on General Dynamics in a research report on Thursday, January 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $398.00 price target on shares of General Dynamics in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their price target on shares of General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Wall Street Zen lowered shares of General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Citigroup raised their target price on shares of General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics presently has an average rating of “Moderate Buy” and a consensus target price of $376.26.

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.