Vestmark Advisory Solutions Inc. Has $2.39 Million Stock Position in General Dynamics Corporation $GD

Vestmark Advisory Solutions Inc. cut its holdings in shares of General Dynamics Corporation (NYSE:GD) by 39.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,006 shares of the aerospace company’s stock after selling 4,586 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in General Dynamics were worth $2,389,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of General Dynamics during the third quarter worth approximately $26,000. Louisbourg Investments Inc. purchased a new position in shares of General Dynamics during the 3rd quarter valued at $27,000. Redmont Wealth Advisors LLC acquired a new position in shares of General Dynamics in the third quarter worth $30,000. Vermillion & White Wealth Management Group LLC raised its holdings in shares of General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 49 shares in the last quarter. Finally, NewSquare Capital LLC boosted its position in General Dynamics by 64.7% during the second quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Stock Up 0.7%

General Dynamics stock opened at $351.29 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $369.70. The firm has a fifty day moving average price of $352.01 and a two-hundred day moving average price of $340.14. The firm has a market cap of $94.99 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 2.08 and a beta of 0.41.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping 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 business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same period in the previous year, the company posted $4.15 earnings per share. The firm’s revenue for the quarter 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 forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 16th were paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is presently 38.83%.

Insider Transactions at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the transaction, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David Paddock sold 20,360 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of the transaction, the vice president directly owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Melius Research raised General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. Argus increased their price objective on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Citigroup lifted their target price on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. UBS Group set a $393.00 price target on shares of General Dynamics in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $376.26.

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.