Analysts Set General Dynamics Corporation (NYSE:GD) Target Price at $376.26

General Dynamics Corporation (NYSE:GD) has been assigned an average recommendation of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation, thirteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $376.2632.

GD has been the subject of a number of research analyst reports. Bank of America restated a “buy” rating and set a $400.00 price objective on shares of General Dynamics in a research report on Friday, January 30th. Argus boosted their target price on shares of General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Wall Street Zen downgraded shares of General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Susquehanna reaffirmed a “positive” rating and issued a $420.00 price target on shares of General Dynamics in a research note on Thursday, January 15th. Finally, Jefferies Financial Group lifted their price objective on General Dynamics from $360.00 to $385.00 and gave the stock a “hold” rating in a report on Sunday, February 1st.

General Dynamics Stock Up 0.4%

General Dynamics stock opened at $347.20 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The stock has a market capitalization of $93.88 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39. The business has a 50 day simple moving average of $355.92 and a 200-day simple moving average of $344.97. General Dynamics has a 12 month low of $239.20 and a 12 month high of $369.70.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The firm had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same quarter last year, the firm posted $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. On average, analysts anticipate that General Dynamics will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio (DPR) is 41.17%.

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 transaction of $11,655,934.62. Following the completion of the sale, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $271,394,759.13. The trade was a 4.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark Lagrand Burns sold 10,153 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the transaction, the executive vice president directly owned 38,975 shares of the company’s stock, valued at approximately $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock valued at $18,133,971 over the last ninety days. Company insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Dunhill Financial LLC lifted its position in General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after buying an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of General Dynamics during the 3rd quarter worth $25,000. Dagco Inc. acquired a new position in shares of General Dynamics during the 4th quarter valued at about $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics in the third quarter valued at about $26,000. Finally, Burkett Financial Services LLC raised its stake in General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 65 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

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.