General Dynamics Corporation (NYSE:GD) Receives Average Recommendation of “Moderate Buy” from Brokerages

General Dynamics Corporation (NYSE:GD) has been given a consensus recommendation of “Moderate Buy” by the twenty-one brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $376.2632.

A number of equities analysts have recently weighed in on the company. Argus upped their price objective on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Citigroup lifted their target price on General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. UBS Group set a $393.00 price target on General Dynamics in a research note on Thursday, January 29th. BNP Paribas Exane cut their price objective on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a report on Thursday, January 29th. Finally, Susquehanna reiterated a “positive” rating and set a $420.00 price objective on shares of General Dynamics in a research report on Thursday, January 15th.

Insider Activity at General Dynamics

In other news, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total value of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares of the company’s stock, valued at approximately $271,394,759.13. The trade was a 4.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the sale, the executive vice president owned 38,975 shares in the company, valued at $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 51,260 shares of company stock worth $18,133,971 in the last quarter. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On General Dynamics

Several institutional investors have recently added to or reduced their stakes in the company. Dunhill Financial LLC boosted its position in shares of General Dynamics by 620.0% during the 3rd 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 last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of General Dynamics in the third quarter valued at $25,000. Dagco Inc. bought a new stake in General Dynamics in the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in General Dynamics during the third quarter valued at $26,000. Finally, Burkett Financial Services LLC lifted its position in General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Down 2.4%

Shares of GD stock opened at $346.80 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. General Dynamics has a one year low of $239.20 and a one year high of $369.70. The company’s fifty day moving average price is $354.65 and its 200-day moving average price is $345.43. The company has a market capitalization of $93.77 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 2.11 and a beta of 0.39.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping 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 return on equity of 17.57% and a net margin of 8.01%.General Dynamics’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Sell-side analysts expect that General Dynamics will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be issued a $1.59 dividend. The ex-dividend date is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s payout ratio is presently 38.83%.

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.