BNP Paribas Exane Issues Positive Forecast for General Dynamics (NYSE:GD) Stock Price

General Dynamics (NYSE:GDGet Free Report) had its target price raised by research analysts at BNP Paribas Exane from $410.00 to $430.00 in a report released on Tuesday,MarketScreener reports. The firm presently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price objective would indicate a potential upside of 23.77% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. UBS Group set a $393.00 price target on shares of General Dynamics in a research report on Thursday, January 29th. Bank of America reiterated a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. Wall Street Zen downgraded General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Wolfe Research boosted their price objective on General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their price objective on General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, General Dynamics presently has an average rating of “Moderate Buy” and an average target price of $384.53.

View Our Latest Stock Analysis on General Dynamics

General Dynamics Trading Down 0.3%

General Dynamics stock traded down $1.00 during mid-day trading on Tuesday, hitting $347.43. The company’s stock had a trading volume of 80,645 shares, compared to its average volume of 1,375,198. The firm has a market capitalization of $94.10 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.08 and a beta of 0.38. General Dynamics has a 1 year low of $249.92 and a 1 year high of $369.70. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average is $352.27 and its two-hundred day moving average is $346.80.

General Dynamics (NYSE:GDGet Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping the consensus estimate of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. During the same period in the prior year, the business posted $4.15 earnings per share. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, analysts anticipate that General Dynamics will post 14.83 EPS for the current year.

Insider Buying and Selling at General Dynamics

In other news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. The trade was a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 51,260 shares of company stock valued at $18,133,971 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

Several hedge funds and other institutional investors have recently made changes to their positions in GD. Brighton Jones LLC boosted its stake in shares of General Dynamics by 16.9% in the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after buying an additional 417 shares during the period. Acadian Asset Management LLC grew its stake in shares of General Dynamics by 140.2% during the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock worth $938,000 after purchasing an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of General Dynamics during the second quarter worth $240,000. Amundi grew its stake in shares of General Dynamics by 4.8% during the second quarter. Amundi now owns 119,335 shares of the aerospace company’s stock worth $35,075,000 after purchasing an additional 5,433 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of General Dynamics during the second quarter worth $352,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics News Summary

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

About General Dynamics

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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.

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