General Dynamics (NYSE:GD) Price Target Raised to $395.00

General Dynamics (NYSE:GD) had its price target raised by research analysts at Argus from $380.00 to $395.00 in a research report issued on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the aerospace company’s stock. Argus’ price target indicates a potential upside of 11.83% from the stock’s current price.

Several other research firms have also recently commented on GD. JPMorgan Chase & Co. raised their target price on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Susquehanna reissued a “positive” rating and issued a $420.00 price objective on shares of General Dynamics in a research note on Thursday, January 15th. Wall Street Zen downgraded shares of General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Jefferies Financial Group raised their price objective on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, TD Cowen upped their target price on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. One research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $376.26.

General Dynamics Trading Down 0.3%

Shares of NYSE GD traded down $1.11 during midday trading on Thursday, reaching $353.23. 78,290 shares of the stock were exchanged, compared to its average volume of 1,486,430. The company has a market capitalization of $95.51 billion, a price-to-earnings ratio of 22.72, a P/E/G ratio of 2.09 and a beta of 0.41. General Dynamics has a 12 month low of $239.20 and a 12 month 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. The business has a 50-day simple moving average of $351.30 and a two-hundred day simple moving average of $339.01.

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

Insider Activity at General Dynamics

In related news, VP David Paddock sold 20,360 shares of the company’s stock in a transaction that occurred on 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 transaction, the vice president directly owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This represents a 35.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is owned by company insiders.

Institutional Trading of General Dynamics

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wick Capital Partners LLC purchased a new position in General Dynamics in the fourth quarter worth approximately $10,101,000. Hamilton Wealth LLC increased its holdings in shares of General Dynamics by 71.9% in the fourth quarter. Hamilton Wealth LLC now owns 1,097 shares of the aerospace company’s stock valued at $369,000 after purchasing an additional 459 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in General Dynamics by 58.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 12,598 shares of the aerospace company’s stock worth $4,242,000 after acquiring an additional 4,664 shares during the period. WealthPoint Financial LLC acquired a new position in General Dynamics during the fourth quarter worth about $254,000. Finally, Van Diest Capital LLC acquired a new position in General Dynamics in the 4th quarter valued at about $213,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

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.