General Dynamics (NYSE:GD) EVP Marguerite Amy Gilliland Sells 43,180 Shares

General Dynamics Corporation (NYSE:GD) EVP Marguerite Amy Gilliland sold 43,180 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the sale, the executive vice president owned 44,767 shares in the company, valued at $16,923,716.68. This represents a 49.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

General Dynamics Trading Up 1.0%

GD traded up $3.64 on Tuesday, hitting $386.07. The company had a trading volume of 1,502,489 shares, compared to its average volume of 1,360,045. The business’s fifty day simple moving average is $361.54 and its 200 day simple moving average is $353.01. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00. The company has a market cap of $104.45 billion, a PE ratio of 23.56, a PEG ratio of 2.22 and a beta of 0.32.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.28. The business had revenue of $14.09 billion during the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the company earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities research analysts expect that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be given a $1.59 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a yield of 1.6%. General Dynamics’s dividend payout ratio (DPR) is currently 38.80%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GD. Whipplewood Advisors LLC increased its position in shares of General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 69 shares during the period. Steph & Co. grew its stake in General Dynamics by 65.2% in the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares in the last quarter. Scarborough Advisors LLC bought a new position in General Dynamics in the first quarter worth approximately $29,000. Wilkerson Advisory Group LLC raised its position in General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 39 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in General Dynamics during the 4th quarter valued at $31,000. 86.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GD. Citigroup boosted their price objective on shares of General Dynamics from $364.00 to $404.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Susquehanna lifted their price target on shares of General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $384.00 price target on shares of General Dynamics in a report on Thursday, July 30th. Bank of America increased their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Finally, DA Davidson decreased their price objective on shares of General Dynamics from $384.00 to $375.00 in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $409.68.

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.