OneDigital Investment Advisors LLC Takes Position in General Dynamics Corporation $GD

OneDigital Investment Advisors LLC purchased a new position in General Dynamics Corporation (NYSE:GD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,997 shares of the aerospace company’s stock, valued at approximately $4,250,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in General Dynamics by 16.9% in the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after acquiring an additional 417 shares during the period. Acadian Asset Management LLC boosted its stake in General Dynamics by 140.2% in the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after acquiring an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of General Dynamics during the 2nd quarter valued at approximately $240,000. Flow Traders U.S. LLC purchased a new stake in shares of General Dynamics during the 2nd quarter worth approximately $352,000. Finally, Jump Financial LLC purchased a new stake in shares of General Dynamics during the 2nd quarter worth approximately $1,284,000. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

GD has been the topic of several research analyst reports. BNP Paribas Exane upped their price objective on General Dynamics from $390.00 to $430.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Morgan Stanley raised their target price on General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Wall Street Zen lowered General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings raised General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. Finally, Robert W. Baird set a $430.00 price target on General Dynamics in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $410.89.

Insider Activity at General Dynamics

In other General Dynamics news, CEO Phebe N. Novakovic sold 51,568 shares of General Dynamics stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at $293,231,119.06. The trade was a 6.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the executive vice president owned 44,767 shares in the company, valued at approximately $16,923,716.68. This represents a 49.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 100,228 shares of company stock worth $38,052,853. 1.40% of the stock is owned by company insiders.

General Dynamics Stock Down 0.1%

GD opened at $395.46 on Monday. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00. The company has a market cap of $106.99 billion, a PE ratio of 24.13, a price-to-earnings-growth ratio of 2.29 and a beta of 0.32. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $370.17 and a 200 day moving average of $354.64.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. The business had revenue of $14.09 billion for the quarter, compared to analysts’ expectations of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, sell-side analysts expect that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Dividend Announcement

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 paid a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, October 9th. General Dynamics’s payout ratio is presently 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.