Outlook Capital Management LLC Takes $1.34 Million Position in General Dynamics Corporation $GD

Outlook Capital Management LLC bought a new stake in shares of General Dynamics Corporation (NYSE:GD) in the 2nd quarter, Holdings Channel.com reports. The firm bought 3,781 shares of the aerospace company’s stock, valued at approximately $1,339,000. General Dynamics makes up approximately 0.4% of Outlook Capital Management LLC’s holdings, making the stock its 12th largest position.

A number of other hedge funds have also recently bought and sold shares of GD. Whipplewood Advisors LLC boosted its position in shares of General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 69 shares in the last quarter. Paladin Partners LLC acquired a new stake in General Dynamics during the second quarter valued at approximately $30,000. Scarborough Advisors LLC bought a new stake in General Dynamics during the first quarter worth approximately $29,000. Wilkerson Advisory Group LLC boosted its holdings in General Dynamics by 79.6% during the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after buying an additional 39 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in General Dynamics in the fourth quarter worth approximately $31,000. 86.14% of the stock is owned by institutional investors and hedge funds.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $359.54 on Friday. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. The stock has a market cap of $97.28 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.11 and a beta of 0.32. The business has a fifty day simple moving average of $378.48 and a 200-day simple moving average of $357.29.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.28. The firm had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.General Dynamics’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, sell-side analysts anticipate that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio is 38.80%.

Analysts Set New Price Targets

GD has been the subject of a number of recent research reports. Wells Fargo & Company increased their price objective on General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Morgan Stanley lifted their target price on General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Bank of America upped their target price on General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a report on Monday, July 6th. UBS Group increased their price target on General Dynamics from $366.00 to $395.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada lifted their price target on General Dynamics from $385.00 to $410.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, General Dynamics currently has an average rating of “Moderate Buy” and an average target price of $410.89.

Insider Transactions at General Dynamics

In other news, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the completion of the transaction, the director owned 10,643 shares of the company’s stock, valued at approximately $3,884,695. This represents a 33.99% 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, EVP Marguerite Gilliland sold 43,180 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at $16,923,716.68. The trade was a 49.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 100,228 shares of company stock worth $38,052,853. Insiders own 1.40% of the company’s stock.

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.