Whalen Wealth Management Inc. Takes $482,000 Position in General Dynamics Corporation $GD

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

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC raised its holdings in shares of General Dynamics by 620.0% in the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in General Dynamics during the 3rd quarter worth about $25,000. Dagco Inc. purchased a new stake in General Dynamics during the 4th quarter worth about $25,000. Halbert Hargrove Global Advisors LLC acquired a new position in General Dynamics in the 3rd quarter valued at about $26,000. Finally, Burkett Financial Services LLC lifted its holdings in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Transactions at General Dynamics

In other General Dynamics news, 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 in the company, valued at $15,825,134.50. This represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the completion of the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 51,260 shares of company stock valued at $18,133,971. Corporate insiders own 1.50% of the company’s stock.

General Dynamics Trading Up 0.1%

Shares of GD stock opened at $349.33 on Friday. The firm’s 50-day simple moving average is $352.90 and its 200-day simple moving average is $346.17. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70. The firm has a market cap of $94.62 billion, a P/E ratio of 22.61, a PEG ratio of 2.08 and a beta of 0.38.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $13.77 billion. During the same period in the previous year, the firm earned $4.15 earnings per share. General Dynamics’s revenue was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. BNP Paribas Exane lowered their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating for the company in a report on Thursday, January 29th. Wolfe Research raised their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Morgan Stanley lifted their target price on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Argus boosted their price target on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Wall Street Zen lowered General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $384.42.

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.