General Dynamics (NYSE:GD) Price Target Raised to $430.00

General Dynamics (NYSE:GD) had its price objective boosted by BNP Paribas Exane from $390.00 to $430.00 in a research note published on Thursday morning,Benzinga reports. They currently have an outperform rating on the aerospace company’s stock.

A number of other research analysts also recently commented on GD. Robert W. Baird set a $430.00 price objective on General Dynamics in a report on Thursday. TD Cowen boosted their target price on General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company started coverage on General Dynamics in a report on Wednesday, April 1st. They issued an “overweight” rating and a $400.00 price target for the company. UBS Group upgraded shares of General Dynamics from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. Finally, Citigroup boosted their price objective on shares of General Dynamics from $364.00 to $404.00 and gave the stock a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, General Dynamics has a consensus rating of “Moderate Buy” and an average target price of $406.32.

General Dynamics Stock Performance

Shares of GD stock opened at $384.53 on Thursday. The company has a market cap of $104.04 billion, a P/E ratio of 23.46, a PEG ratio of 2.27 and a beta of 0.34. The firm has a fifty day moving average price of $360.75 and a 200 day moving average price of $352.93. The company has a current ratio of 1.44, a quick ratio of 0.90 and a debt-to-equity ratio of 0.23. General Dynamics has a 12 month low of $306.03 and a 12 month high of $400.00.

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

General Dynamics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be given a dividend of $1.59 per share. The ex-dividend date is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s payout ratio is 38.80%.

Insider Activity

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the transaction, the executive vice president owned 38,975 shares in the company, valued at $13,457,677.75. This trade represents a 48.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the transaction, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. This trade represents a 33.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,190 shares of company stock valued at $27,041,022 over the last three months. Company insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On General Dynamics

A number of hedge funds have recently modified their holdings of the business. Processus Wealth & Capital Management LLC raised its position in General Dynamics by 2.3% in the 2nd quarter. Processus Wealth & Capital Management LLC now owns 7,669 shares of the aerospace company’s stock valued at $2,717,000 after purchasing an additional 169 shares during the last quarter. Tema ETFs LLC grew its position in General Dynamics by 10.5% during the 2nd quarter. Tema ETFs LLC now owns 4,381 shares of the aerospace company’s stock worth $1,552,000 after purchasing an additional 416 shares during the last quarter. Fiduciary Financial Group LLC grew its position in General Dynamics by 8.4% during the 2nd quarter. Fiduciary Financial Group LLC now owns 1,049 shares of the aerospace company’s stock worth $372,000 after purchasing an additional 81 shares during the last quarter. Kentucky Trust Co increased its stake in General Dynamics by 1.3% in the second quarter. Kentucky Trust Co now owns 2,974 shares of the aerospace company’s stock valued at $1,054,000 after purchasing an additional 38 shares during the period. Finally, Salvus Wealth Management LLC increased its stake in General Dynamics by 10.6% in the second quarter. Salvus Wealth Management LLC now owns 1,763 shares of the aerospace company’s stock valued at $625,000 after purchasing an additional 169 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about General Dynamics

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

• Positive Sentiment: Strong Q2 results: General Dynamics reported adjusted earnings of $4.24 per share and revenue of $14.09 billion, exceeding estimates of $3.96 and $13.52 billion, respectively. Revenue increased 8.1% year over year, while management highlighted broad-based strength, record backlog and solid cash generation. General Dynamics Corporation Q2 2026 Earnings Call Summary
• Positive Sentiment: Largest catalyst is the submarine award: General Dynamics Electric Boat received $29.5 billion for five Columbia-class submarines and $42.1 billion for nine Virginia-class submarines, plus infrastructure support. The $76.6 billion award strengthens long-term visibility and backlog, although the contract value will be recognized over many years. General Dynamics Electric Boat Submarine Award
• Positive Sentiment: Analyst targets moved higher: Morgan Stanley raised its target to $465 and maintained an overweight rating, Susquehanna lifted its target to $455 with a positive rating, and BNP Paribas Exane raised its target to $430 with an outperform rating. These revisions reflect confidence in GD’s backlog and defense demand.
• Positive Sentiment: Growth profile remains attractive: Zacks cited General Dynamics’ earnings growth, improving business momentum and favorable growth characteristics, while the company maintained fiscal 2026 earnings guidance of approximately $16.80–$16.90 per share. Why General Dynamics Is a Strong Growth Stock
• Neutral Sentiment: Valuation is increasingly debated: Some research indicates the shares could remain below estimated intrinsic value, while other analysts argue that the strong defense outlook is already reflected in the stock’s elevated valuation after its substantial multiyear gains.
• Negative Sentiment: Risks remain: Analysts have cited supply-chain and margin pressures, limited visibility into future U.S. defense spending and potential execution challenges associated with the large submarine program. Several reports maintain neutral or downgrade views despite the strong fundamentals.

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.