General Dynamics Corporation $GD Holdings Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in General Dynamics Corporation (NYSE:GD) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 192,131 shares of the aerospace company’s stock after purchasing an additional 1,610 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in General Dynamics were worth $69,646,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GD. NorthCrest Asset Manangement LLC raised its holdings in shares of General Dynamics by 3.5% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 66,529 shares of the aerospace company’s stock valued at $23,655,000 after acquiring an additional 2,267 shares during the period. Chesapeake Asset Management LLC boosted its stake in General Dynamics by 2.6% in the 4th quarter. Chesapeake Asset Management LLC now owns 1,407 shares of the aerospace company’s stock worth $474,000 after purchasing an additional 35 shares during the period. Gryphon Financial Partners LLC grew its position in General Dynamics by 13.6% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,433 shares of the aerospace company’s stock worth $819,000 after purchasing an additional 292 shares in the last quarter. Genesis Private Wealth LLC raised its stake in General Dynamics by 17.6% during the 4th quarter. Genesis Private Wealth LLC now owns 842 shares of the aerospace company’s stock valued at $283,000 after purchasing an additional 126 shares during the period. Finally, Wedmont Private Capital raised its stake in General Dynamics by 2.7% during the 4th quarter. Wedmont Private Capital now owns 3,076 shares of the aerospace company’s stock valued at $1,063,000 after purchasing an additional 80 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Trading Down 1.3%

General Dynamics stock opened at $345.12 on Monday. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $369.70. 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 cap of $93.32 billion, a P/E ratio of 22.34, a P/E/G ratio of 2.06 and a beta of 0.39. The company’s fifty day simple moving average is $356.19 and its 200-day simple moving average is $344.80.

General Dynamics (NYSE:GD) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping 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 business had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. During the same period last year, the company 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, sell-side analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The company 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. The ex-dividend date is Friday, April 10th. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio is presently 38.83%.

Insider Transactions at General Dynamics

In related news, CEO Phebe N. Novakovic sold 32,918 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Mark Rayha sold 4,370 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares in the company, valued at $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. Insiders have sold 51,260 shares of company stock valued at $18,133,971 in the last quarter. Corporate insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GD shares. JPMorgan Chase & Co. raised their target price on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Bank of America reissued a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. UBS Group set a $393.00 price objective on General Dynamics in a research report on Thursday, January 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. Finally, Jefferies Financial Group upped their target price on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.