Natixis Advisors LLC Buys 3,778 Shares of General Dynamics Corporation $GD

Natixis Advisors LLC boosted its stake in General Dynamics Corporation (NYSE:GDFree Report) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 283,313 shares of the aerospace company’s stock after purchasing an additional 3,778 shares during the quarter. Natixis Advisors LLC’s holdings in General Dynamics were worth $96,610,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of General Dynamics by 16.9% during the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC increased 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 acquired a new position in General Dynamics during the second quarter valued at approximately $240,000. Atlantic Union Bankshares Corp lifted its stake in General Dynamics by 164.9% during the second quarter. Atlantic Union Bankshares Corp now owns 2,633 shares of the aerospace company’s stock worth $768,000 after purchasing an additional 1,639 shares during the last quarter. Finally, Savant Capital LLC lifted its stake in General Dynamics by 73.4% during the second quarter. Savant Capital LLC now owns 8,583 shares of the aerospace company’s stock worth $2,503,000 after purchasing an additional 3,634 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Mark Rayha sold 4,370 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the transaction, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.50% of the company’s stock.

General Dynamics Price Performance

Shares of GD opened at $364.20 on Monday. The firm has a market cap of $98.48 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 2.17 and a beta of 0.39. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week high of $369.70. The business’s 50 day moving average price is $354.72 and its two-hundred day moving average price is $342.59. 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 (NYSE:GDGet Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping the consensus estimate of $4.11 by $0.06. The company had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, equities analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current year.

Analyst Upgrades and Downgrades

GD has been the topic of several recent analyst reports. Citigroup lifted their price target on General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. TD Cowen upped their price objective on General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Morgan Stanley lifted their target price on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Argus increased their target price on shares of General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $376.26.

Check Out Our Latest Stock Report on General Dynamics

About General Dynamics

(Free Report)

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.

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Institutional Ownership by Quarter for General Dynamics (NYSE:GD)

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