64,270 Shares in General Dynamics Corporation $GD Purchased by LSV Asset Management

LSV Asset Management acquired a new position in shares of General Dynamics Corporation (NYSE:GD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 64,270 shares of the aerospace company’s stock, valued at approximately $21,916,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC bought a new stake in General Dynamics in the third quarter worth $26,000. Louisbourg Investments Inc. purchased a new stake in shares of General Dynamics in the third quarter valued at $27,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of General Dynamics by 80.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 49 shares during the last quarter. NewSquare Capital LLC boosted its stake in shares of General Dynamics by 64.7% during the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 44 shares during the period. Finally, Harbor Asset Planning Inc. purchased a new stake in General Dynamics in the 2nd quarter worth about $35,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insiders Place Their Bets

In other General Dynamics news, VP David Paddock sold 20,360 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the sale, the vice president owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $347.83 on Friday. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $369.70. The stock’s fifty day moving average price is $350.49 and its 200-day moving average price is $338.00. The firm has a market cap of $94.05 billion, a P/E ratio of 22.51, a P/E/G ratio of 2.03 and a beta of 0.41. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company had revenue of $14.38 billion for the quarter, compared to analysts’ expectations of $13.77 billion. During the same period in the prior year, the business earned $4.15 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, equities research analysts expect that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 16th were paid a $1.50 dividend. The ex-dividend date of this dividend was Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s payout ratio is 38.83%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Susquehanna restated a “positive” rating and set a $420.00 target price on shares of General Dynamics in a research report on Thursday, January 15th. BNP Paribas Exane cut their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. JPMorgan Chase & Co. increased their target price on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Argus boosted their target price on shares of General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Finally, Wolfe Research upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.47.

General Dynamics 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.