Tiemann Investment Advisors LLC Buys Shares of 1,640 General Dynamics Corporation $GD

Tiemann Investment Advisors LLC bought a new position in General Dynamics Corporation (NYSE:GD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,640 shares of the aerospace company’s stock, valued at approximately $581,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in General Dynamics by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock worth $8,338,169,000 after buying an additional 528,769 shares in the last quarter. M&T Bank Corp grew its position in shares of General Dynamics by 155.6% during the 4th quarter. M&T Bank Corp now owns 104,773 shares of the aerospace company’s stock valued at $35,273,000 after acquiring an additional 63,781 shares during the period. Jefferies Financial Group Inc. bought a new position in General Dynamics in the 4th quarter worth $7,914,000. Deutsche Bank AG lifted its position in General Dynamics by 12.2% during the fourth quarter. Deutsche Bank AG now owns 939,264 shares of the aerospace company’s stock valued at $316,213,000 after purchasing an additional 102,208 shares in the last quarter. Finally, Rayburn West Financial Services LLC bought a new stake in General Dynamics during the fourth quarter valued at about $2,387,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on General Dynamics from $385.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $421.00 price target on shares of General Dynamics in a research note on Monday, August 10th. The Goldman Sachs Group lowered their price objective on General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research report on Monday, May 4th. Wall Street Zen cut shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings upgraded General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and a consensus price target of $410.89.

General Dynamics Price Performance

GD opened at $390.67 on Tuesday. The business has a fifty day moving average of $371.16 and a 200 day moving average of $354.81. The stock has a market cap of $105.70 billion, a P/E ratio of 23.84, a PEG ratio of 2.29 and a beta of 0.33. 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 52-week low of $306.77 and a 52-week 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, topping the consensus estimate of $3.96 by $0.28. The business had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period last year, the company earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, sell-side analysts anticipate that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be issued a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a yield of 1.6%. General Dynamics’s dividend payout ratio (DPR) is presently 38.80%.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 43,180 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $16,923,716.68. This represents a 49.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Phebe N. Novakovic sold 51,568 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the transaction, 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 SEC filing for this sale provides additional information. Insiders sold a total of 100,228 shares of company stock valued at $38,052,853 in the last three months. Company insiders own 1.40% 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.