Meeder Asset Management Inc. Increases Stock Position in General Dynamics Corporation $GD

Meeder Asset Management Inc. boosted its position in shares of General Dynamics Corporation (NYSE:GD) by 62.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 74,636 shares of the aerospace company’s stock after acquiring an additional 28,820 shares during the period. General Dynamics makes up approximately 1.5% of Meeder Asset Management Inc.’s portfolio, making the stock its 16th largest position. Meeder Asset Management Inc.’s holdings in General Dynamics were worth $25,451,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics during the 3rd quarter worth about $26,000. Louisbourg Investments Inc. acquired a new stake in General Dynamics in the third quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC increased its position in shares of General Dynamics by 80.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock valued at $32,000 after buying an additional 49 shares in the last quarter. NewSquare Capital LLC lifted its position in shares of General Dynamics by 64.7% during the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after buying an additional 44 shares in the last quarter. Finally, Harbor Asset Planning Inc. acquired a new stake in General Dynamics in the 2nd quarter valued at $35,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $400.00 price objective on shares of General Dynamics in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on shares of General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. BNP Paribas raised shares of General Dynamics to a “strong-buy” rating in a research note on Tuesday, November 18th. Bank of America lifted their price objective on General Dynamics from $370.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Argus increased their target price on General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $358.50.

Insiders Place Their Bets

In other General Dynamics news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of the sale, the vice president owned 36,644 shares of the company’s stock, valued at $12,272,808.48. This trade represents a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.50% of the company’s stock.

Key Headlines Impacting General Dynamics

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

• Positive Sentiment: Zacks highlights General Dynamics’ strong history of earnings surprises and says GD has the setup to beat consensus again, supporting upside to near‑term price and sentiment. Why General Dynamics (GD) Could Beat Earnings Estimates Again
• Positive Sentiment: Zacks Research has nudged up multiple near‑term and FY EPS estimates for GD (Q1/Q2/Q3 and FY revisions), which reduces downside risk from analyst expectations and can support multiple expansion if results track the upgrades.
• Positive Sentiment: Sector momentum from proposed large increases in U.S. military spending is lifting defense names, benefiting GD as a diversified prime contractor and supplier to the Pentagon. Aerospace, defense stocks surge after Trump’s proposed $1.5 trillion military spending budget — but are investors too optimistic?
• Positive Sentiment: GDIT (a General Dynamics business) won a ~$131M USAF task order for network upgrades — a concrete backlog win that supports revenue visibility in the services/IT segment. GDIT wins $131m task order for USAF network upgrades
• Neutral Sentiment: Outlets and analysts continue to profile GD as a dividend stock and large, diversified defense/corporate-jet manufacturer — a reminder of the company’s income profile and defensive characteristics for long-term investors. Dividend Stock Analysis – General Dynamics
• Negative Sentiment: Political risk: President Trump signed an order to block dividends and buybacks for defense firms until production improves, and his public comments earlier this week triggered volatility across the sector — a direct policy risk to GD’s capital-return profile. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Ongoing headlines and videos show the sector remains sensitive to political rhetoric (calls to cap buybacks/dividends and limit executive pay), which could cap valuation multiples even if revenue and earnings trends remain strong. Trump Takes on Buybacks, Dividends and Executive Pay at U.S. Defense Contractors

General Dynamics Stock Performance

NYSE GD opened at $353.49 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.87 and a current ratio of 1.40. The stock’s fifty day moving average is $342.31 and its two-hundred day moving average is $328.33. The firm has a market capitalization of $95.49 billion, a P/E ratio of 22.91, a price-to-earnings-growth ratio of 1.56 and a beta of 0.41. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $367.65.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Friday, October 24th. The aerospace company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.69 by $0.19. General Dynamics had a return on equity of 18.27% and a net margin of 8.18%.The business had revenue of $12.91 billion for the quarter, compared to analyst estimates of $12.49 billion. During the same quarter in the previous year, the firm earned $3.35 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. General Dynamics has set its FY 2025 guidance at 15.300-15.35 EPS. On average, research analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 16th will be issued a $1.50 dividend. The ex-dividend date is Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s dividend payout ratio is currently 38.89%.

General Dynamics 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.