General Dynamics Corporation (NYSE:GD) Receives $371.53 Consensus PT from Analysts

General Dynamics Corporation (NYSE:GD) has been assigned a consensus rating of “Moderate Buy” from the twenty-three research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $375.4737.

Several brokerages recently weighed in on GD. Susquehanna reiterated a “positive” rating and issued a $420.00 price objective on shares of General Dynamics in a research report on Thursday, January 15th. Citigroup increased 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. Argus boosted their price objective on shares of General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Bank of America reaffirmed a “buy” rating and set a $400.00 target price on shares of General Dynamics in a research note on Friday, January 30th. Finally, BNP Paribas Exane reduced their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th.

General Dynamics Stock Up 2.6%

Shares of NYSE:GD opened at $355.36 on Friday. General Dynamics has a 52-week low of $239.20 and a 52-week high of $369.70. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The business has a fifty day moving average of $348.22 and a two-hundred day moving average of $335.94. The stock has a market cap of $96.08 billion, a P/E ratio of 23.00, a PEG ratio of 2.07 and a beta of 0.41.

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

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 16th will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is currently 38.83%.

Insider Activity

In related news, VP David Paddock sold 20,360 shares of the stock in a transaction dated Wednesday, December 17th. The stock was 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dunhill Financial LLC increased its position in shares of General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of General Dynamics during the 3rd quarter worth $25,000. Dagco Inc. acquired a new position in shares of General Dynamics during the fourth quarter worth $25,000. Halbert Hargrove Global Advisors LLC purchased a new position in General Dynamics in the third quarter valued at $26,000. Finally, Burkett Financial Services LLC raised its stake in General Dynamics by 650.0% in the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

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.