General Dynamics (NYSE:GD) Price Target Raised to $400.00 at JPMorgan Chase & Co.

General Dynamics (NYSE:GD) had its target price raised by JPMorgan Chase & Co. from $385.00 to $400.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the aerospace company’s stock.

A number of other brokerages also recently issued reports on GD. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 price target on shares of General Dynamics in a report on Monday, January 12th. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a report on Tuesday, April 21st. Wolfe Research increased their target price on General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, January 12th. TD Cowen increased their target price on General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Finally, UBS Group lowered their target price on General Dynamics from $385.00 to $371.00 and set a “neutral” rating on the stock in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $390.47.

General Dynamics Trading Up 1.9%

Shares of NYSE:GD opened at $345.16 on Thursday. The company has a market cap of $93.49 billion, a P/E ratio of 21.72, a PEG ratio of 2.26 and a beta of 0.38. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.89. General Dynamics has a 1 year low of $266.98 and a 1 year high of $369.70. The stock’s fifty day moving average price is $345.59 and its 200-day moving average price is $346.18.

General Dynamics (NYSE:GD) last announced its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.67 by $0.43. The firm had revenue of $13.48 billion for the quarter, compared to the consensus estimate of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the company posted $3.66 earnings per share. Sell-side analysts expect that General Dynamics will post 16.3 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently announced 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. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s dividend payout ratio is currently 41.17%.

Insider Buying and Selling

In other news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction dated 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 transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This trade represents a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $15,825,134.50. This trade represents a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 51,260 shares of company stock worth $18,133,971 over the last ninety days. 1.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GD. AQR Capital Management LLC raised its stake in shares of General Dynamics by 118.3% in the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after buying an additional 901,679 shares during the period. Northern Trust Corp raised its stake in shares of General Dynamics by 35.0% in the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after buying an additional 863,392 shares during the period. Vanguard Group Inc. raised its stake in shares of General Dynamics by 2.9% in the third quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after buying an additional 677,665 shares during the period. Balyasny Asset Management L.P. raised its stake in shares of General Dynamics by 831.1% in the third quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company’s stock worth $251,405,000 after buying an additional 658,081 shares during the period. Finally, SG Americas Securities LLC raised its stake in shares of General Dynamics by 6,680.8% in the fourth quarter. SG Americas Securities LLC now owns 591,488 shares of the aerospace company’s stock worth $199,130,000 after buying an additional 582,765 shares during the period. Institutional investors own 86.14% of the company’s stock.

Trending Headlines about General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Q1 beat and guidance raise — GD reported Q1 revenue ~$13.5B and EPS $4.10, both above Street estimates; management raised FY‑2026 EPS guidance to $16.45–$16.55 and cited US$26.6B in quarterly bookings and a backlog near US$131B, boosting confidence in forward earnings. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Morgan Stanley raises target — Morgan Stanley moved its price target to $435 and kept an overweight rating, signalling a sizable analyst‑driven upside and likely contributing to buying interest. Morgan Stanley raises price target on General Dynamics to $435
• Positive Sentiment: JPMorgan raises target — JPMorgan raised its target to $400 and placed GD on overweight, reinforcing the buy‑side narrative and supporting momentum after the beat‑and‑raise. Benzinga: JPMorgan raises GD price target
• Positive Sentiment: Order flow & shipbuilding updates — Management highlighted strong shipbuilding results (including Columbia‑class sub schedule tracking) and a roughly 2:1 book‑to‑bill driven by Marine and Combat systems, supporting revenue visibility and cash flow. General Dynamics Reports First-Quarter 2026 Financial Results
• Neutral Sentiment: RBC reaffirms rating — Royal Bank of Canada kept a “sector perform” rating with a $385 target; the note is less bullish than other broker moves and represents a moderate offset to upgrades. Benzinga: RBC reaffirms sector perform on GD

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.