General Dynamics (NYSE:GD) Given New $465.00 Price Target at Morgan Stanley

General Dynamics (NYSE:GD) had its price target hoisted by research analysts at Morgan Stanley from $435.00 to $465.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the aerospace company’s stock. Morgan Stanley’s target price would indicate a potential upside of 22.30% from the stock’s previous close.

A number of other brokerages also recently weighed in on GD. Citigroup reaffirmed a “neutral” rating on shares of General Dynamics in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on General Dynamics from $385.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings upgraded General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. TD Cowen boosted their price target on shares of General Dynamics from $390.00 to $420.00 and gave the company a “buy” rating in a report on Thursday. Finally, Jefferies Financial Group increased their price objective on shares of General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $400.26.

General Dynamics Stock Down 0.2%

Shares of General Dynamics stock traded down $0.76 during trading hours on Thursday, hitting $380.20. 554,348 shares of the company’s stock traded hands, compared to its average volume of 1,356,332. General Dynamics has a twelve month low of $306.03 and a twelve month high of $400.00. The company has a market cap of $102.82 billion, a PE ratio of 23.93, a PEG ratio of 2.37 and a beta of 0.34. The company has a quick ratio of 0.90, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of $359.03 and a 200-day simple moving average of $352.49.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. The firm had revenue of $14.09 billion for the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities research analysts anticipate that General Dynamics will post 16.66 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Mark Malcolm sold 5,480 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the transaction, the director owned 10,643 shares in the company, valued at $3,884,695. This represents a 33.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the transaction, the executive vice president directly owned 38,975 shares in the company, valued at approximately $13,457,677.75. The trade was a 48.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 78,190 shares of company stock valued at $27,041,022 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its position in 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 acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of General Dynamics by 140.2% in the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after purchasing an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in General Dynamics during the second quarter valued at approximately $240,000. Flow Traders U.S. LLC bought a new stake in General Dynamics during the second quarter worth approximately $352,000. Finally, Jump Financial LLC acquired a new stake in shares of General Dynamics during the 2nd quarter valued at $1,284,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

More General Dynamics News

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

• Positive Sentiment: Strong Q2 earnings and guidance: General Dynamics reported second-quarter revenue of $14.1 billion, up 8.1% year over year, and diluted EPS of $4.24, exceeding consensus estimates near $3.96. All four business segments grew, while operating margin expanded to 10.4%. The company raised or reaffirmed above-consensus 2026 guidance of $16.80-$16.90 EPS and approximately $55.7 billion in revenue. General Dynamics Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Record submarine contract boosts visibility: General Dynamics Electric Boat received a $76.6 billion U.S. Navy award covering five Columbia-class and nine Virginia-class submarines, plus shipyard infrastructure support. The multidecade program materially strengthens backlog and provides long-term revenue and cash-flow visibility. General Dynamics Electric Boat awarded construction contracts for 14 submarines
• Positive Sentiment: Demand and cash generation remain healthy: Quarterly orders reached $20 billion, producing a 1.4-to-1 book-to-bill ratio and a record $136.5 billion backlog. Operating cash flow was $1.9 billion, supporting dividends and investment. General Dynamics Q2 revenue rises 8.1%
• Neutral Sentiment: Valuation is still debated: A discounted-cash-flow analysis cited in recent coverage suggests GD may remain below estimated intrinsic value, but the stock’s roughly 116% five-year return and trading near its annual high raise the possibility that much of the positive news is already reflected in the shares. Is General Dynamics Reasonable After Its $76.6B Submarine Win?
• Negative Sentiment: Investors remain cautious about execution: Supply-chain constraints, margin pressure, and limited visibility into future U.S. defense spending temper the bullish earnings and backlog story. William Blair maintained a Hold rating, which may encourage profit-taking after the recent rally. Balanced View on General Dynamics

General Dynamics Company 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.