Nisa Investment Advisors LLC Purchases 1,696 Shares of General Dynamics Corporation $GD

Nisa Investment Advisors LLC increased its position in shares of General Dynamics Corporation (NYSE:GD) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,730 shares of the aerospace company’s stock after purchasing an additional 1,696 shares during the quarter. Nisa Investment Advisors LLC’s holdings in General Dynamics were worth $30,882,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of General Dynamics by 16.9% in the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after acquiring an additional 417 shares during the last quarter. Acadian Asset Management LLC grew its position in General Dynamics by 140.2% during the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after acquiring an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in General Dynamics during the 2nd quarter worth approximately $240,000. American Century Companies Inc. increased its holdings in General Dynamics by 13.6% during the 2nd quarter. American Century Companies Inc. now owns 18,037 shares of the aerospace company’s stock valued at $5,261,000 after purchasing an additional 2,165 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in General Dynamics by 1.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 36,231 shares of the aerospace company’s stock valued at $10,567,000 after purchasing an additional 486 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GD shares. Bank of America restated a “buy” rating and set a $400.00 target price on shares of General Dynamics in a report on Friday, January 30th. Morgan Stanley upped their price target on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Jefferies Financial Group increased their price objective on shares of General Dynamics from $360.00 to $385.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. Wall Street Zen downgraded shares of General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Susquehanna reiterated a “positive” rating and set a $420.00 target price on shares of General Dynamics in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $376.26.

Insider Buying and Selling

In other General Dynamics news, EVP Mark Lagrand Burns sold 10,153 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Phebe N. Novakovic sold 32,918 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at $271,394,759.13. The trade was a 4.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 51,260 shares of company stock worth $18,133,971 in the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

General Dynamics Price Performance

GD opened at $343.52 on Wednesday. The company has a fifty day moving average price of $353.79 and a two-hundred day moving average price of $345.95. 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 Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. The firm has a market capitalization of $93.04 billion, a PE ratio of 22.23, a P/E/G ratio of 2.03 and a beta of 0.39.

General Dynamics (NYSE:GD) last posted 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 return on equity of 17.57% and a net margin of 8.01%.The company had revenue of $14.38 billion for the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the prior year, the business posted $4.15 EPS. The firm’s quarterly 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. As a group, analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be paid a $1.59 dividend. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a yield of 1.9%. General Dynamics’s payout ratio is currently 38.83%.

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.