Wealth Science Advisors LLC Purchases Shares of 1,591 General Dynamics Corporation $GD

Wealth Science Advisors LLC acquired a new position in shares of General Dynamics Corporation (NYSE:GD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,591 shares of the aerospace company’s stock, valued at approximately $536,000.

Several other institutional investors also recently modified their holdings of the company. Dunhill Financial LLC boosted its stake in shares of General Dynamics by 620.0% during 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 bought a new position in shares of General Dynamics during the 3rd quarter worth approximately $25,000. Dagco Inc. bought a new position in shares of General Dynamics during the 4th quarter worth approximately $25,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of General Dynamics during the 3rd quarter worth approximately $26,000. Finally, Burkett Financial Services LLC boosted its stake in shares of General Dynamics by 650.0% during 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. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Phebe N. Novakovic sold 32,918 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at approximately $271,394,759.13. The trade was a 4.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the transaction, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,834,176.25. This trade represents a 20.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,260 shares of company stock worth $18,133,971 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GD. Citigroup reduced their target price on General Dynamics from $389.00 to $380.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Jefferies Financial Group reduced their target price on General Dynamics from $385.00 to $380.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft downgraded 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. Wolfe Research lifted their target price on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, UBS Group set a $393.00 price target on General Dynamics in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, General Dynamics has an average rating of “Moderate Buy” and an average target price of $389.78.

General Dynamics Price Performance

Shares of NYSE GD opened at $318.72 on Friday. The stock has a market capitalization of $86.32 billion, a PE ratio of 20.63, a P/E/G ratio of 2.14 and a beta of 0.38. 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 fifty day moving average price of $347.97 and a two-hundred day moving average price of $346.80. General Dynamics Corporation has a fifty-two week low of $262.84 and a fifty-two week high of $369.70.

General Dynamics (NYSE:GD) last announced its quarterly earnings data 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 firm 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 company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities analysts predict that General Dynamics Corporation will post 16.3 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be issued a dividend of $1.59 per share. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 2.0%. General Dynamics’s payout ratio is presently 41.17%.

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.