Whalen Wealth Management Inc. Makes New $482,000 Investment in General Dynamics Corporation $GD

Whalen Wealth Management Inc. acquired a new position in General Dynamics Corporation (NYSE:GD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,432 shares of the aerospace company’s stock, valued at approximately $482,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WASHINGTON TRUST Co boosted its position in General Dynamics by 453.3% in the 3rd quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock valued at $3,212,000 after buying an additional 7,716 shares during the last quarter. Rockland Trust Co. increased its position in shares of General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock worth $3,597,000 after acquiring an additional 9,235 shares during the last quarter. Gold Investment Management Ltd. lifted its stake in shares of General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock worth $3,649,000 after acquiring an additional 4,532 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in General Dynamics by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock valued at $312,842,000 after purchasing an additional 32,262 shares during the last quarter. Finally, Davis Capital Management purchased a new position in General Dynamics in the third quarter valued at about $1,007,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Trading Up 0.1%

NYSE GD opened at $349.33 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics Corporation has a one year low of $239.20 and a one year high of $369.70. The company has a 50-day simple moving average of $352.90 and a 200-day simple moving average of $346.17. The firm has a market capitalization of $94.62 billion, a PE ratio of 22.61, a price-to-earnings-growth ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same quarter last year, the company posted $4.15 earnings per share. General Dynamics’s 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. On average, equities analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be issued a $1.59 dividend. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. General Dynamics’s dividend payout ratio is currently 38.83%.

Analysts Set New Price Targets

GD has been the topic of several analyst reports. Bank of America restated a “buy” rating and set a $400.00 price objective on shares of General Dynamics in a report on Friday, January 30th. BNP Paribas Exane decreased their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a research report on Thursday, January 29th. Wall Street Zen lowered shares of General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Wells Fargo & Company initiated coverage on shares of General Dynamics in a research note on Wednesday. They set an “overweight” rating and a $400.00 price objective on the stock. Finally, UBS Group set a $393.00 price objective on shares of General Dynamics in a report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Dynamics has a consensus rating of “Moderate Buy” and an average target price of $384.42.

Insiders Place Their Bets

In related news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,834,176.25. The trade was a 20.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the sale, the executive vice president directly owned 44,767 shares of the company’s stock, valued at $15,825,134.50. The trade was a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,260 shares of company stock valued at $18,133,971 over the last three months. 1.50% of the stock is currently owned by company 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.