Trajan Wealth LLC Boosts Stake in General Dynamics Corporation $GD

Trajan Wealth LLC boosted its holdings in General Dynamics Corporation (NYSE:GD) by 12.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,371 shares of the aerospace company’s stock after acquiring an additional 4,469 shares during the quarter. Trajan Wealth LLC’s holdings in General Dynamics were worth $14,107,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of General Dynamics in the third quarter valued at about $26,000. Louisbourg Investments Inc. purchased a new position in General Dynamics in the third quarter valued at about $27,000. Redmont Wealth Advisors LLC acquired a new stake in shares of General Dynamics during the 3rd quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of General Dynamics by 80.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 49 shares in the last quarter. Finally, NewSquare Capital LLC grew its holdings in shares of 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 acquiring an additional 44 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GD has been the subject of several research reports. Jefferies Financial Group lifted their price objective on General Dynamics from $360.00 to $385.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 price target on shares of General Dynamics in a research report on Monday, January 12th. Bank of America reiterated a “buy” rating and issued a $400.00 price objective on shares of General Dynamics in a research report on Friday, January 30th. Morgan Stanley raised their target price on shares of General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Wall Street Zen cut shares of General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, General Dynamics currently has an average rating of “Moderate Buy” and an average target price of $376.26.

General Dynamics Price Performance

General Dynamics stock opened at $351.26 on Monday. The firm’s 50-day moving average is $351.58 and its two-hundred day moving average is $339.63. 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 $94.98 billion, a P/E ratio of 22.74, a P/E/G ratio of 2.10 and a beta of 0.41. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) 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%. General Dynamics’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the business earned $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts predict that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

Insider Activity

In other news, VP David Paddock sold 20,360 shares of the company’s stock in a transaction dated 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 completion of the transaction, the vice president owned 36,644 shares of the company’s stock, valued at $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 is available through this link. Also, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the sale, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.50% of the stock is owned by insiders.

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.