General Dynamics (NYSE:GD) Upgraded by Wells Fargo & Company to “Strong-Buy” Rating

Wells Fargo & Company upgraded shares of General Dynamics (NYSE:GD) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

A number of other analysts have also weighed in on GD. Wolfe Research increased their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Susquehanna restated a “positive” rating and set a $420.00 price target on shares of General Dynamics in a report on Thursday, January 15th. Bank of America reaffirmed a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. BNP Paribas Exane dropped their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a report on Thursday, January 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $398.00 price objective on shares of General Dynamics in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, General Dynamics presently has a consensus rating of “Moderate Buy” and a consensus target price of $384.42.

General Dynamics Stock Up 2.3%

Shares of General Dynamics stock opened at $350.96 on Tuesday. 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 has a 52-week low of $239.20 and a 52-week high of $369.70. The company’s 50 day moving average price is $353.51 and its 200-day moving average price is $345.99. The stock has a market capitalization of $95.06 billion, a price-to-earnings ratio of 22.72, a P/E/G ratio of 2.04 and a beta of 0.39.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $4.11 by $0.06. The company had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities research analysts forecast that General Dynamics will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be paid a $1.59 dividend. The ex-dividend date of this dividend is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. General Dynamics’s payout ratio is currently 41.17%.

Insider Activity at General Dynamics

In other news, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at approximately $271,394,759.13. This represents a 4.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 51,260 shares of company stock valued at $18,133,971. 1.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On General Dynamics

A number of institutional investors have recently added to or reduced their stakes in GD. Dunhill Financial LLC grew 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 worth $25,000 after buying an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in General Dynamics during the 3rd quarter valued at about $25,000. Dagco Inc. bought a new stake in General Dynamics during the fourth quarter worth about $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in General Dynamics in the third quarter worth about $26,000. Finally, Burkett Financial Services LLC grew its holdings in General Dynamics by 650.0% in the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 65 shares during the period. Institutional investors own 86.14% of the company’s stock.

Trending Headlines about General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Wells Fargo started coverage with an “overweight” rating and a $400 price target, giving investors a bullish catalyst and fresh buying interest. Wells Fargo Starts Coverage
• Positive Sentiment: U.S. military’s increased A-10 deployments to the Middle East and related new contracts have lifted demand for defense systems/services that play to General Dynamics’ strengths, supporting revenue visibility. A-10 Deployments and Contracts
• Positive Sentiment: Recent market commentary notes GD outperformed the broader market in the latest session, reflecting short?term momentum that can attract tactical buyers. Outperformance Note
• Neutral Sentiment: Valuation analysis suggests the stock has consolidated recently and investors should weigh whether current price already reflects expected growth — useful context but not an immediate catalyst. Valuation Analysis
• Neutral Sentiment: Competitor moves (Kratos expanding its C5ISR business) indicate rising competition in certain defense tech segments; this influences competitive dynamics over the medium term rather than near?term price action. Kratos Expansion
• Negative Sentiment: Citigroup trimmed its price target from $389 to $380 and kept a “neutral” rating — a downward tweak that can limit upside expectations and weigh on sentiment. Citigroup Lowers Target
• Negative Sentiment: Political risk: comments about a possible NATO pullback and broader geopolitical shifts could inject volatility into defense names if investors fear destabilized alliance spending patterns. Political Risk

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.