Bontempo Ohly Capital Mgmt LLC Invests $4.94 Million in General Dynamics Corporation $GD

Bontempo Ohly Capital Mgmt LLC bought a new position in General Dynamics Corporation (NYSE:GD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,949 shares of the aerospace company’s stock, valued at approximately $4,941,000. General Dynamics accounts for approximately 2.1% of Bontempo Ohly Capital Mgmt LLC’s holdings, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC raised its holdings in shares of General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 69 shares during the period. Scarborough Advisors LLC purchased a new stake in shares of General Dynamics during the 1st quarter worth about $29,000. Wilkerson Advisory Group LLC increased its position in General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 39 shares in the last quarter. Paladin Partners LLC purchased a new position in General Dynamics in the second quarter valued at approximately $30,000. Finally, Center for Financial Planning Inc. raised its holdings in General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after buying an additional 64 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Marguerite Amy Gilliland sold 43,180 shares of General Dynamics stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the sale, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $16,923,716.68. The trade was a 49.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Phebe N. Novakovic sold 51,568 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $382.58, for a total value of $19,728,885.44. Following the completion of the transaction, the chief executive officer owned 766,457 shares in the company, valued at approximately $293,231,119.06. This trade represents a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,228 shares of company stock worth $38,052,853 in the last quarter. 1.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on GD shares. Bank of America boosted their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Wall Street Zen downgraded shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $384.00 target price on shares of General Dynamics in a report on Thursday, July 30th. BNP Paribas Exane upped their price target on shares of General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, DA Davidson cut their price objective on General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $410.89.

General Dynamics Stock Up 1.5%

NYSE GD opened at $382.08 on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a fifty-two week low of $306.77 and a fifty-two week high of $400.00. The business has a 50 day moving average price of $375.27 and a two-hundred day moving average price of $356.46. The stock has a market cap of $103.38 billion, a PE ratio of 23.31, a P/E/G ratio of 2.18 and a beta of 0.33.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. The company had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, sell-side analysts predict that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be issued a $1.59 dividend. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s payout ratio is currently 38.80%.

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.