BNP Paribas Exane Cuts General Dynamics (NYSE:GD) Price Target to $390.00

General Dynamics (NYSE:GD) had its price target reduced by equities researchers at BNP Paribas Exane from $430.00 to $390.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price objective suggests a potential upside of 13.85% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Wolfe Research boosted their price target on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft cut shares of General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 target price for the company. in a research note on Wednesday, April 8th. DA Davidson lowered their target price on shares of General Dynamics from $384.00 to $375.00 in a report on Thursday. Wall Street Zen lowered shares of General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Sanford C. Bernstein reissued 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, eleven have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and a consensus price target of $387.70.

General Dynamics Trading Down 0.5%

General Dynamics stock opened at $342.56 on Thursday. The company has a market cap of $92.78 billion, a price-to-earnings ratio of 21.58, a P/E/G ratio of 2.26 and a beta of 0.38. The firm has a 50-day moving average of $345.59 and a 200-day moving average of $346.18. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.89. General Dynamics has a one year low of $266.98 and a one year high of $369.70.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.67 by $0.43. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The business had revenue of $13.48 billion for the quarter, compared to the consensus estimate of $12.70 billion. During the same quarter in the previous year, the business earned $3.66 earnings per share. General Dynamics’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities analysts expect that General Dynamics will post 16.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other General Dynamics news, EVP Mark Lagrand Burns sold 10,153 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the completion of the sale, the executive vice president owned 38,975 shares of the company’s stock, valued at $13,834,176.25. This trade represents a 20.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction on 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 transaction, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 51,260 shares of company stock worth $18,133,971 in the last quarter. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GD. WASHINGTON TRUST Co boosted its stake in General Dynamics by 453.3% in the third quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock valued at $3,212,000 after buying an additional 7,716 shares in the last quarter. Rockland Trust Co. raised its stake in General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock worth $3,597,000 after acquiring an additional 9,235 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of General Dynamics by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock worth $312,842,000 after acquiring an additional 32,262 shares during the last quarter. Gold Investment Management Ltd. boosted its stake in shares of General Dynamics by 73.5% in the 3rd quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock valued at $3,649,000 after purchasing an additional 4,532 shares in the last quarter. Finally, Davis Capital Management acquired a new stake in shares of General Dynamics in the 3rd quarter valued at approximately $1,007,000. 86.14% of the stock is owned by institutional investors.

Key General Dynamics News

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

• Positive Sentiment: Q1 beat and raised full?year guidance — GD reported Q1 revenue of about $13.5B and EPS of $4.10, topped estimates, said companywide bookings were ~$26.6B and backlog near $131B, and raised 2026 EPS guidance to $16.45–$16.55, giving clearer earnings visibility. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley and JPMorgan raised targets and kept/added overweight ratings (MS target raised to $435; JPMorgan to $400), which supports upside expectations and likely helped buying interest. General Dynamics (NYSE:GD) Given New $435.00 Price Target at Morgan Stanley Benzinga: JPMorgan raises price target
• Positive Sentiment: Marine/shipbuilding momentum — Management highlighted improved shipyard productivity and contract progress (including Columbia?class sub tracking) as a driver of the upgraded outlook and order flow, supporting longer?term revenue visibility. First Columbia-class Sub Tracking to 2028 Delivery, General Dynamics Says
• Neutral Sentiment: Mixed analyst views remain — Some firms (e.g., RBC) simply reaffirmed coverage and a $385 target (sector perform), reflecting differing views on valuation vs. defense order strength. That keeps a range of opinions on potential upside. Benzinga: RBC reaffirms sector perform

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.