PFG Advisors Takes Position in General Dynamics Corporation $GD

PFG Advisors acquired a new position in General Dynamics Corporation (NYSE:GD) in the third quarter, Holdings Channel reports. The firm acquired 19,647 shares of the aerospace company’s stock, valued at approximately $6,699,000.

Several other large investors also recently added to or reduced their stakes in GD. Brighton Jones LLC boosted its position in shares of General Dynamics by 16.9% in the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after buying an additional 417 shares during the period. Acadian Asset Management LLC raised its position in General Dynamics by 140.2% during the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after buying an additional 2,011 shares during the period. Sivia Capital Partners LLC purchased a new stake in General Dynamics in the 2nd quarter worth about $240,000. Atlantic Union Bankshares Corp boosted its position in General Dynamics by 164.9% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 2,633 shares of the aerospace company’s stock worth $768,000 after acquiring an additional 1,639 shares during the period. Finally, Savant Capital LLC grew its stake in General Dynamics by 73.4% during the 2nd quarter. Savant Capital LLC now owns 8,583 shares of the aerospace company’s stock valued at $2,503,000 after acquiring an additional 3,634 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

General Dynamics Price Performance

NYSE GD opened at $364.20 on Monday. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $98.48 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 2.17 and a beta of 0.39. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70. The company has a 50 day moving average price of $354.72 and a two-hundred day moving average price of $342.59.

General Dynamics (NYSE:GD) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same quarter in the prior year, the business posted $4.15 EPS. General Dynamics’s quarterly revenue was up 7.8% on a year-over-year basis. 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 14.83 earnings per share for the current fiscal year.

Insider Activity

In other General Dynamics news, VP David Paddock sold 20,360 shares of the business’s stock in a transaction dated 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 completion of the sale, the vice president owned 36,644 shares of the company’s stock, valued at $12,272,808.48. The trade was a 35.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the transaction, the vice president directly owned 7,936 shares in the company, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is owned by company insiders.

Analyst Ratings Changes

GD has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. TD Cowen upped their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Wolfe Research increased their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. boosted their price target on shares of General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Finally, BNP Paribas Exane cut their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $376.26.

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.