2,004 Shares in General Dynamics Corporation $GD Acquired by Shelton Wealth Management LLC

Shelton Wealth Management LLC bought a new position in shares of General Dynamics Corporation (NYSE:GD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,004 shares of the aerospace company’s stock, valued at approximately $675,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC boosted its holdings in 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 acquiring an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in General Dynamics in the 3rd quarter worth approximately $25,000. Dagco Inc. purchased a new position in General Dynamics in the 4th quarter worth approximately $25,000. Halbert Hargrove Global Advisors LLC purchased a new position in General Dynamics in the 3rd quarter worth approximately $26,000. Finally, Burkett Financial Services LLC boosted its holdings in 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 acquiring an additional 65 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Performance

General Dynamics stock opened at $334.72 on Friday. The stock has a market cap of $90.66 billion, a P/E ratio of 21.66, a price-to-earnings-growth ratio of 2.26 and a beta of 0.38. 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 stock has a 50 day moving average of $350.65 and a 200-day moving average of $347.26. General Dynamics Corporation has a 52 week low of $262.84 and a 52 week high of $369.70.

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

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be paid a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a yield of 1.9%. 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 41.17%.

Insider Transactions at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction on 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm’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 in the company, valued at $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 51,260 shares of company stock valued at $18,133,971. Company insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on GD shares. Morgan Stanley upped their price target on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wolfe Research upped their price target on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Argus upped their price target on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft cut General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 target price for the company. in a research note on Wednesday, April 8th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and an average target price of $384.53.

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.