General Dynamics (NYSE:GD) Given New $375.00 Price Target at DA Davidson

General Dynamics (NYSE:GD) had its price objective decreased by DA Davidson from $384.00 to $375.00 in a research report report published on Thursday,MarketScreener reports.

A number of other analysts have also recently issued reports on GD. Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a research note on Tuesday, April 21st. Argus boosted their price objective on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Citigroup dropped their price target on General Dynamics from $389.00 to $380.00 and set a “neutral” rating for the company in a report on Wednesday, April 1st. UBS Group decreased their price objective on General Dynamics from $385.00 to $371.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, TD Cowen lifted their target price on General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $387.70.

General Dynamics Stock Performance

GD stock traded up $1.45 during trading hours on Thursday, reaching $345.75. The stock had a trading volume of 150,100 shares, compared to its average volume of 1,430,249. The stock has a 50-day simple moving average of $345.59 and a 200 day simple moving average of $346.18. General Dynamics has a fifty-two week low of $266.98 and a fifty-two week high of $369.70. The stock has a market capitalization of $93.65 billion, a PE ratio of 21.76, a price-to-earnings-growth 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 (NYSE:GD) last issued its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.43. The business had revenue of $13.48 billion during the quarter, compared to the consensus estimate of $12.70 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. General Dynamics’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $3.66 EPS. Analysts predict that General Dynamics will post 16.3 EPS for the current fiscal year.

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be paid a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s payout ratio is 41.17%.

Insiders Place Their Bets

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm’s stock in a transaction on 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 sale, the executive vice president owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the transaction, the chief executive officer owned 766,457 shares in the company, valued at approximately $271,394,759.13. The trade was a 4.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 51,260 shares of company stock valued at $18,133,971 over the last ninety days. Company insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of General Dynamics by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock worth $8,338,169,000 after buying an additional 528,769 shares in the last quarter. State Street Corp increased its position in General Dynamics by 2.7% in the 4th quarter. State Street Corp now owns 11,323,170 shares of the aerospace company’s stock valued at $3,812,058,000 after acquiring an additional 294,456 shares during the period. Geode Capital Management LLC raised its stake in shares of General Dynamics by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 6,065,462 shares of the aerospace company’s stock valued at $2,039,742,000 after acquiring an additional 195,604 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of General Dynamics by 2.2% during the fourth quarter. JPMorgan Chase & Co. now owns 5,307,389 shares of the aerospace company’s stock worth $1,786,786,000 after purchasing an additional 114,647 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of General Dynamics by 5.4% in the third quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock worth $1,236,900,000 after purchasing an additional 187,435 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

Key Stories Impacting General Dynamics

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

• Positive Sentiment: Q1 beat and raised full‑year guidance — GD reported Q1 revenue of about $13.5B and EPS of $4.10, topped estimates, said companywide bookings were ~$26.6B and backlog near $131B, and raised 2026 EPS guidance to $16.45–$16.55, giving clearer earnings visibility. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley and JPMorgan raised targets and kept/added overweight ratings (MS target raised to $435; JPMorgan to $400), which supports upside expectations and likely helped buying interest. General Dynamics (NYSE:GD) Given New $435.00 Price Target at Morgan Stanley Benzinga: JPMorgan raises price target
• Positive Sentiment: Marine/shipbuilding momentum — Management highlighted improved shipyard productivity and contract progress (including Columbia‑class sub tracking) as a driver of the upgraded outlook and order flow, supporting longer‑term revenue visibility. First Columbia-class Sub Tracking to 2028 Delivery, General Dynamics Says
• Neutral Sentiment: Mixed analyst views remain — Some firms (e.g., RBC) simply reaffirmed coverage and a $385 target (sector perform), reflecting differing views on valuation vs. defense order strength. That keeps a range of opinions on potential upside. Benzinga: RBC reaffirms sector perform

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.