Wells Fargo & Company Upgrades General Dynamics (NYSE:GD) to Strong-Buy

General Dynamics (NYSE:GD) was upgraded by Wells Fargo & Company to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Several other analysts also recently weighed in on GD. TD Cowen raised their target price on General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Jefferies Financial Group increased their price target on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. JPMorgan Chase & Co. raised their price objective on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. UBS Group set a $393.00 price objective on General Dynamics in a report on Thursday, January 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, General Dynamics presently has an average rating of “Moderate Buy” and a consensus price target of $384.42.

General Dynamics Trading Up 2.3%

GD opened at $350.96 on Tuesday. The firm’s 50 day moving average is $353.51 and its 200-day moving average is $345.99. General Dynamics has a 52-week low of $239.20 and a 52-week 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 firm has a market capitalization of $95.06 billion, a P/E ratio of 22.72, a P/E/G ratio of 2.04 and a beta of 0.39.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. 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 business earned $4.15 EPS. The business’s 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. Analysts expect that General Dynamics will post 14.83 EPS for the current fiscal year.

Insider Transactions at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. This trade represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the transaction, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This represents a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock worth $18,133,971 in the last quarter. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GD. Vanguard Group Inc. boosted its holdings in shares of General Dynamics by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock valued at $8,338,169,000 after buying an additional 528,769 shares during the period. State Street Corp boosted its stake in General Dynamics by 2.7% in the fourth 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 grew its holdings 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 purchasing an additional 195,604 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of General Dynamics by 2.2% in the 4th 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 last quarter. Finally, Ameriprise Financial Inc. boosted its position in General Dynamics by 5.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock valued at $1,236,900,000 after purchasing an additional 187,435 shares during the period. 86.14% of the stock is currently owned by institutional investors.

Trending Headlines about General Dynamics

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

• Positive Sentiment: Wells Fargo started coverage with an “overweight” rating and a $400 price target, giving investors a bullish catalyst and fresh buying interest. Wells Fargo Starts Coverage
• Positive Sentiment: U.S. military’s increased A-10 deployments to the Middle East and related new contracts have lifted demand for defense systems/services that play to General Dynamics’ strengths, supporting revenue visibility. A-10 Deployments and Contracts
• Positive Sentiment: Recent market commentary notes GD outperformed the broader market in the latest session, reflecting short‑term momentum that can attract tactical buyers. Outperformance Note
• Neutral Sentiment: Valuation analysis suggests the stock has consolidated recently and investors should weigh whether current price already reflects expected growth — useful context but not an immediate catalyst. Valuation Analysis
• Neutral Sentiment: Competitor moves (Kratos expanding its C5ISR business) indicate rising competition in certain defense tech segments; this influences competitive dynamics over the medium term rather than near‑term price action. Kratos Expansion
• Negative Sentiment: Citigroup trimmed its price target from $389 to $380 and kept a “neutral” rating — a downward tweak that can limit upside expectations and weigh on sentiment. Citigroup Lowers Target
• Negative Sentiment: Political risk: comments about a possible NATO pullback and broader geopolitical shifts could inject volatility into defense names if investors fear destabilized alliance spending patterns. Political Risk

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.