General Dynamics Corporation $GD Shares Acquired by Savant Capital LLC

Savant Capital LLC lifted its holdings in General Dynamics Corporation (NYSE:GD) by 16.9% in the third quarter, HoldingsChannel reports. The firm owned 10,031 shares of the aerospace company’s stock after buying an additional 1,448 shares during the quarter. Savant Capital LLC’s holdings in General Dynamics were worth $3,421,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of General Dynamics during the third quarter worth $26,000. Louisbourg Investments Inc. acquired a new position in General Dynamics during the 3rd quarter worth $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in General Dynamics by 80.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 49 shares during the period. NewSquare Capital LLC raised its position in General Dynamics by 64.7% in the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. Finally, Financial Consulate Inc. acquired a new stake in General Dynamics in the 3rd quarter valued at about $40,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on GD shares. Morgan Stanley upped their target price on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. TD Cowen increased their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 price objective on shares of General Dynamics in a report on Monday, January 12th. 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 restated a “positive” rating and issued a $420.00 price target on shares of General Dynamics in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $375.47.

General Dynamics Stock Up 2.4%

General Dynamics stock opened at $360.37 on Friday. The company has a market capitalization of $97.44 billion, a P/E ratio of 23.32, a PEG ratio of 2.10 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 $369.70. The stock has a 50-day simple moving average of $349.09 and a 200-day simple moving average of $336.61. 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 (NYSE:GD) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.11 by $0.06. The business had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities research analysts expect 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 was paid on Friday, February 6th. Shareholders of record on Friday, January 16th were paid a $1.50 dividend. The ex-dividend date was Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s payout ratio is currently 38.83%.

Insider Buying and Selling at General Dynamics

In other news, VP David Paddock sold 20,360 shares of the stock in a transaction dated Wednesday, December 17th. The shares were 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 in the company, valued at approximately $12,272,808.48. This represents a 35.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

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.