Wealthcare Advisory Partners LLC Raises Stock Holdings in General Dynamics Corporation $GD

Wealthcare Advisory Partners LLC boosted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 56.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,591 shares of the aerospace company’s stock after purchasing an additional 2,371 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in General Dynamics were worth $2,219,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC grew its holdings in General Dynamics by 118.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after acquiring an additional 901,679 shares in the last quarter. Northern Trust Corp lifted its position in shares of General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after purchasing an additional 863,392 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of General Dynamics by 3,306.5% during the third quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock worth $297,029,000 after purchasing an additional 845,482 shares during the last quarter. Ameriprise Financial Inc. grew its stake in General Dynamics by 25.2% in the second quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock worth $1,003,444,000 after purchasing an additional 691,340 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in General Dynamics by 2.9% in the third quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock valued at $8,265,349,000 after buying an additional 677,665 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on GD shares. Morgan Stanley increased their target price on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wall Street Zen lowered General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Wolfe Research raised their price objective on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. boosted their target price on shares of General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Finally, TD Cowen raised their price target on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Dynamics has an average rating of “Moderate Buy” and an average target price of $376.26.

General Dynamics Price Performance

Shares of GD opened at $346.80 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The company has a market cap of $93.77 billion, a P/E ratio of 22.45, a PEG ratio of 2.06 and a beta of 0.39. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $369.70. The stock has a fifty day moving average price of $354.65 and a 200 day moving average price of $345.76.

General Dynamics (NYSE:GD) last announced its quarterly 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. 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 during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the previous year, the company posted $4.15 earnings per share. The company’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. On average, research analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be paid a $1.59 dividend. The ex-dividend date is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is 41.17%.

Insiders Place Their Bets

In related news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the sale, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. This trade represents a 35.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total value of $1,350,016.50. Following the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at $15,825,134.50. This trade represents a 7.86% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 51,260 shares of company stock worth $18,133,971. 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.