General Dynamics (NYSE:GD) Price Target Lowered to $380.00 at Jefferies Financial Group

General Dynamics (NYSE:GD) had its price target reduced by equities research analysts at Jefferies Financial Group from $385.00 to $380.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the aerospace company’s stock. Jefferies Financial Group’s price target indicates a potential upside of 8.97% from the company’s previous close.

Several other equities analysts have also issued reports on the company. Bank of America restated a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. Wolfe Research boosted 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. Argus boosted their price target on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Wall Street Zen downgraded General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Susquehanna restated a “positive” rating and set a $420.00 price target on shares of General Dynamics in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and an average target price of $384.16.

General Dynamics Trading Down 0.8%

GD traded down $2.66 on Tuesday, hitting $348.73. 73,057 shares of the company were exchanged, compared to its average volume of 1,386,800. The firm has a fifty day simple moving average of $352.65 and a two-hundred day simple moving average of $346.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics has a 12 month low of $249.92 and a 12 month high of $369.70. The stock has a market capitalization of $94.45 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $13.77 billion. During the same period last year, the company earned $4.15 EPS. General Dynamics’s revenue for the quarter 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. Sell-side analysts expect that General Dynamics will post 14.83 earnings per share for the current year.

Insider Activity at General Dynamics

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value 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 $15,825,134.50. This represents a 7.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the transaction, the chief executive officer directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 51,260 shares of company stock valued at $18,133,971 in the last three months. Corporate insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Cornerstone Planning LLC purchased a new position in General Dynamics during the 4th quarter valued at about $3,416,000. Rockefeller Capital Management L.P. lifted its position in General Dynamics by 12.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 106,218 shares of the aerospace company’s stock valued at $35,760,000 after acquiring an additional 11,806 shares during the period. World Investment Advisors lifted its position in General Dynamics by 12.1% during the 4th quarter. World Investment Advisors now owns 23,413 shares of the aerospace company’s stock valued at $7,882,000 after acquiring an additional 2,526 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in General Dynamics during the 4th quarter valued at about $124,000. Finally, Eos Management L.P. lifted its position in General Dynamics by 12.9% during the 4th quarter. Eos Management L.P. now owns 5,061 shares of the aerospace company’s stock valued at $1,704,000 after acquiring an additional 580 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

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.