USA Financial Formulas Raises Holdings in General Dynamics Corporation $GD

USA Financial Formulas lifted its position in shares of General Dynamics Corporation (NYSE:GD) by 385.0% in the 4th quarter, Holdings Channel reports. The fund owned 2,299 shares of the aerospace company’s stock after buying an additional 1,825 shares during the quarter. USA Financial Formulas’ holdings in General Dynamics were worth $774,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Dunhill Financial LLC boosted its position in General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of General Dynamics during the 3rd quarter valued at approximately $25,000. Dagco Inc. purchased a new position in General Dynamics in the 4th quarter valued at approximately $25,000. Halbert Hargrove Global Advisors LLC bought a new stake in General Dynamics during the 3rd quarter valued at $26,000. Finally, Burkett Financial Services LLC boosted its holdings in shares of General Dynamics by 650.0% in the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 65 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at General Dynamics

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the sale, the executive vice president owned 44,767 shares of the company’s stock, valued at $15,825,134.50. The trade was a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the transaction, the executive vice president owned 38,975 shares in the company, valued at $13,834,176.25. This trade represents a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 51,260 shares of company stock worth $18,133,971. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

GD has been the topic of a number of analyst reports. Wall Street Zen lowered General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Susquehanna reiterated a “positive” rating and set a $420.00 price target on shares of General Dynamics in a research report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a research report on Thursday, January 22nd. Argus upped their target price on shares of General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, UBS Group set a $393.00 target price on shares of General Dynamics in a research note on Thursday, January 29th. One equities research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $376.26.

General Dynamics Stock Performance

Shares of GD opened at $346.80 on Friday. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The company has a market cap of $93.77 billion, a PE ratio of 22.45, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39. The stock has a 50-day moving average price of $354.65 and a 200-day moving average price of $345.60.

General Dynamics (NYSE:GD) last posted its quarterly earnings data 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. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same period in the prior year, the business earned $4.15 earnings per share. General Dynamics’s revenue for the quarter was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 1.8%. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

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.