IQ EQ FUND MANAGEMENT IRELAND Ltd Grows Stake in General Dynamics Corporation $GD

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its stake in shares of General Dynamics Corporation (NYSE:GD) by 7.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,810 shares of the aerospace company’s stock after acquiring an additional 1,780 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in General Dynamics were worth $9,142,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics during the third quarter valued at approximately $26,000. Louisbourg Investments Inc. bought a new stake in shares of General Dynamics in the 3rd quarter worth $27,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock valued at $32,000 after buying an additional 49 shares during the last quarter. NewSquare Capital LLC increased its holdings in General Dynamics by 64.7% in the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock worth $33,000 after buying an additional 44 shares in the last quarter. Finally, Financial Consulate Inc. purchased a new position in General Dynamics in the 3rd quarter worth about $40,000. Institutional investors own 86.14% of the company’s stock.

General Dynamics Trading Down 0.4%

Shares of General Dynamics stock opened at $351.96 on Friday. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70. The company’s fifty day simple moving average is $348.70 and its 200-day simple moving average is $336.17. 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 stock has a market capitalization of $95.17 billion, a PE ratio of 22.78, a P/E/G ratio of 2.11 and a beta of 0.41.

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. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. During the same period in the previous year, the business earned $4.15 earnings per share. General Dynamics’s quarterly revenue was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 16th will be paid a dividend of $1.50 per share. The ex-dividend date is Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s payout ratio is 38.83%.

Insider Transactions at General Dynamics

In other General Dynamics news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction 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. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

GD has been the topic of a number of recent analyst reports. BNP Paribas Exane dropped their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a report on Thursday, January 29th. TD Cowen lifted their target price on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Wolfe Research increased their price target on General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, January 12th. UBS Group set a $393.00 price target on General Dynamics in a research note on Thursday, January 29th. Finally, Jefferies Financial Group upped their price objective on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research report on Sunday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, General Dynamics has an average rating of “Moderate Buy” and a consensus target price of $375.47.

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.