General Dynamics Corporation $GD Holdings Lowered by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its position in shares of General Dynamics Corporation (NYSE:GD) by 18.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,812 shares of the aerospace company’s stock after selling 6,284 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in General Dynamics were worth $8,112,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. boosted its position in General Dynamics by 31.3% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 5,598 shares of the aerospace company’s stock worth $1,526,000 after acquiring an additional 1,333 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of General Dynamics by 10.4% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 463,917 shares of the aerospace company’s stock worth $126,454,000 after purchasing an additional 43,885 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of General Dynamics by 8.2% during the first quarter. Natixis Advisors LLC now owns 269,515 shares of the aerospace company’s stock worth $73,464,000 after purchasing an additional 20,491 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in General Dynamics by 25.0% during the first quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 23,250 shares of the aerospace company’s stock valued at $6,337,000 after purchasing an additional 4,650 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its stake in General Dynamics by 20.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 299,137 shares of the aerospace company’s stock valued at $87,246,000 after buying an additional 51,655 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at General Dynamics

In other General Dynamics news, Director Mark Malcolm sold 3,220 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $329.45, for a total value of $1,060,829.00. Following the completion of the sale, the director owned 10,186 shares in the company, valued at approximately $3,355,777.70. This trade represents a 24.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Christopher J. Brady sold 8,150 shares of the business’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $321.18, for a total transaction of $2,617,617.00. Following the completion of the sale, the vice president directly owned 22,818 shares in the company, valued at $7,328,685.24. This trade represents a 26.32% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.50% of the stock is owned by company insiders.

General Dynamics Stock Performance

NYSE:GD opened at $339.67 on Friday. The firm has a market capitalization of $91.75 billion, a PE ratio of 22.01, a PEG ratio of 2.05 and a beta of 0.46. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $360.50. The company has a current ratio of 1.40, a quick ratio of 0.87 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $338.30 and its 200 day simple moving average is $311.48.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Friday, October 24th. The aerospace company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.19. General Dynamics had a return on equity of 18.27% and a net margin of 8.18%.The business had revenue of $12.91 billion during the quarter, compared to analysts’ expectations of $12.49 billion. During the same quarter in the previous year, the firm earned $3.35 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. General Dynamics has set its FY 2025 guidance at 15.300-15.35 EPS. On average, sell-side analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wall Street Zen upgraded General Dynamics from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Seaport Res Ptn raised General Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 29th. BNP Paribas Exane initiated coverage on General Dynamics in a report on Tuesday. They issued an “outperform” rating and a $410.00 price objective on the stock. The Goldman Sachs Group boosted their target price on shares of General Dynamics from $280.00 to $293.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. Finally, Barclays raised their price target on shares of General Dynamics from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $358.10.

About General Dynamics

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.