Savvy Advisors Inc. Has $2.14 Million Stock Position in General Dynamics Corporation $GD

Savvy Advisors Inc. increased its stake in General Dynamics Corporation (NYSE:GD) by 188.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,268 shares of the aerospace company’s stock after purchasing an additional 4,096 shares during the period. Savvy Advisors Inc.’s holdings in General Dynamics were worth $2,137,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of GD. State Street Corp raised its position in shares of General Dynamics by 1.1% in the 2nd quarter. State Street Corp now owns 11,140,437 shares of the aerospace company’s stock valued at $3,249,220,000 after buying an additional 119,664 shares in the last quarter. Ameriprise Financial Inc. raised its position in General Dynamics by 25.2% during the second quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock valued at $1,003,444,000 after purchasing an additional 691,340 shares in the last quarter. Invesco Ltd. lifted its stake in General Dynamics by 0.4% during the second quarter. Invesco Ltd. now owns 2,385,573 shares of the aerospace company’s stock worth $695,776,000 after purchasing an additional 9,283 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of General Dynamics by 2.5% in the 2nd quarter. Franklin Resources Inc. now owns 1,712,190 shares of the aerospace company’s stock valued at $499,377,000 after purchasing an additional 41,349 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of General Dynamics by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,598,847 shares of the aerospace company’s stock valued at $466,320,000 after purchasing an additional 16,459 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Performance

General Dynamics stock opened at $340.98 on Friday. The business has a 50 day moving average of $350.28 and a 200-day moving average of $337.75. The company has a market capitalization of $92.20 billion, a P/E ratio of 22.07, a P/E/G ratio of 2.07 and a beta of 0.41. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89.

General Dynamics (NYSE:GD) last posted its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. The firm had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, equities research analysts predict that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 16th were given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is currently 38.83%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GD. UBS Group set a $393.00 price objective on General Dynamics in a research report on Thursday, January 29th. Citigroup boosted their target price on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. raised their price target 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. 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. Finally, Melius Research raised shares of General Dynamics to a “strong-buy” rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.47.

Insider Buying and Selling

In other General Dynamics news, VP David Paddock sold 20,360 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total value of $6,818,971.20. Following the sale, the vice president owned 36,644 shares in the company, valued at approximately $12,272,808.48. The trade was a 35.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.

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.