Focus Partners Advisor Solutions LLC Raises Position in General Dynamics Corporation $GD

Focus Partners Advisor Solutions LLC increased its position in shares of General Dynamics Corporation (NYSE:GD) by 79.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,236 shares of the aerospace company’s stock after purchasing an additional 12,518 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in General Dynamics were worth $9,826,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its stake in shares of General Dynamics by 3,306.5% during the 3rd quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock worth $297,029,000 after buying an additional 845,482 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in General Dynamics by 25.2% during the second quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock worth $1,003,444,000 after acquiring an additional 691,340 shares during the period. Vanguard Group Inc. raised its position in General Dynamics by 2.9% in the third quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after acquiring an additional 677,665 shares in the last quarter. Prudential Financial Inc. lifted its holdings in General Dynamics by 142.5% in the second quarter. Prudential Financial Inc. now owns 438,311 shares of the aerospace company’s stock valued at $127,838,000 after acquiring an additional 257,534 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of General Dynamics by 43.0% during the 2nd quarter. AQR Capital Management LLC now owns 762,168 shares of the aerospace company’s stock worth $222,294,000 after purchasing an additional 229,352 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analyst Weigh In

GD has been the subject of a number of research analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and issued a $398.00 price target on shares of General Dynamics in a report on Monday, January 12th. 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 report on Thursday, January 29th. TD Cowen lifted their price target 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. Citigroup upped their price target on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Finally, Argus raised their price objective on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given 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.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $376.26.

General Dynamics Trading Up 2.2%

Shares of GD opened at $364.78 on Tuesday. 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 1-year low of $239.20 and a 1-year high of $369.70. The stock has a market cap of $98.63 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 2.13 and a beta of 0.39. The firm has a 50 day simple moving average of $353.16 and a 200-day simple moving average of $341.22.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS 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 firm had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same quarter in the prior year, the firm earned $4.15 EPS. General Dynamics’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. Equities analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company 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. The ex-dividend date of this dividend was Friday, January 16th. This represents a $6.00 annualized dividend and a yield of 1.6%. General Dynamics’s payout ratio is presently 38.83%.

Insider Transactions at General Dynamics

In related news, 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 transaction of $6,818,971.20. Following the transaction, the vice president owned 36,644 shares of the company’s stock, 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 SEC, which is available at the SEC website. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction that occurred on 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 completion of the sale, the vice president directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is currently owned by corporate insiders.

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.