27,250 Shares in General Dynamics Corporation $GD Acquired by Troluce Capital Advisors LLC

Troluce Capital Advisors LLC purchased a new stake in shares of General Dynamics Corporation (NYSE:GD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 27,250 shares of the aerospace company’s stock, valued at approximately $9,653,000. General Dynamics makes up about 1.0% of Troluce Capital Advisors LLC’s investment portfolio, making the stock its 9th largest position.

Several other institutional investors have also recently bought and sold shares of GD. Whipplewood Advisors LLC grew its holdings in shares of General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 69 shares during the last quarter. Paladin Partners LLC bought a new position in shares of General Dynamics in the second quarter valued at about $30,000. Scarborough Advisors LLC acquired a new position in General Dynamics during the 1st quarter worth about $29,000. Wilkerson Advisory Group LLC lifted its position in General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after buying an additional 39 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in General Dynamics during the 4th quarter worth about $31,000. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Robert W. Baird set a $430.00 target price on shares of General Dynamics in a research report on Thursday, July 30th. Morgan Stanley raised their price target on shares of General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. UBS Group boosted their price objective on shares of General Dynamics from $366.00 to $395.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $421.00 price objective on shares of General Dynamics in a research report on Monday, August 10th. Finally, TD Cowen lifted their target price on General Dynamics from $390.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $410.89.

Insider Buying and Selling

In other General Dynamics news, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total value of $19,728,885.44. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $293,231,119.06. This trade represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the transaction, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. This represents a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 100,228 shares of company stock valued at $38,052,853 in the last 90 days. 1.40% of the stock is owned by insiders.

General Dynamics Stock Down 1.7%

Shares of General Dynamics stock opened at $359.54 on Friday. The business has a fifty day simple moving average of $378.48 and a 200 day simple moving average of $357.29. The stock has a market cap of $97.28 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.08 and a beta of 0.32. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same quarter in the prior year, the firm posted $3.74 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Research analysts predict that General Dynamics Corporation will post 16.99 EPS for the current year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is currently 38.80%.

About General Dynamics

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.