denkapparat Operations GmbH Acquires 1,620 Shares of General Dynamics Corporation $GD

denkapparat Operations GmbH lifted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 37.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,916 shares of the aerospace company’s stock after buying an additional 1,620 shares during the period. General Dynamics comprises 0.7% of denkapparat Operations GmbH’s holdings, making the stock its 12th largest position. denkapparat Operations GmbH’s holdings in General Dynamics were worth $2,096,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Oxford Financial Group LTD. LLC grew its stake in General Dynamics by 1.9% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,426 shares of the aerospace company’s stock valued at $505,000 after purchasing an additional 26 shares in the last quarter. Willner & Heller LLC raised its stake in shares of General Dynamics by 1.4% during the 2nd quarter. Willner & Heller LLC now owns 2,050 shares of the aerospace company’s stock worth $726,000 after purchasing an additional 28 shares in the last quarter. Meriwether Wealth & Planning LLC boosted its holdings in shares of General Dynamics by 0.8% in the 2nd quarter. Meriwether Wealth & Planning LLC now owns 3,443 shares of the aerospace company’s stock valued at $1,220,000 after buying an additional 28 shares during the last quarter. Capital Advisors Inc. OK grew its stake in shares of General Dynamics by 0.6% in the second quarter. Capital Advisors Inc. OK now owns 4,551 shares of the aerospace company’s stock valued at $1,612,000 after buying an additional 29 shares in the last quarter. Finally, Klingman & Associates LLC increased its holdings in General Dynamics by 3.3% during the first quarter. Klingman & Associates LLC now owns 949 shares of the aerospace company’s stock worth $326,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Activity at General Dynamics

In related news, Director Mark Malcolm sold 5,480 shares of the business’s stock in a transaction 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 completion of the sale, the director directly owned 10,643 shares in the company, valued at $3,884,695. The trade was a 33.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Phebe Novakovic sold 51,568 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $382.58, for a total value of $19,728,885.44. Following the transaction, the chief executive officer owned 766,457 shares in the company, valued at $293,231,119.06. The trade was a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 100,228 shares of company stock worth $38,052,853 in the last ninety days. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Morgan Stanley upped their price target on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Robert W. Baird set a $430.00 target price on shares of General Dynamics in a research note on Thursday, July 30th. Sanford C. Bernstein reiterated a “market perform” rating and set a $421.00 price target on shares of General Dynamics in a report on Monday, August 10th. Finally, Citigroup upped their price objective on General Dynamics from $364.00 to $404.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, General Dynamics has a consensus rating of “Moderate Buy” and an average target price of $410.89.

General Dynamics Price Performance

Shares of GD opened at $366.04 on Friday. The company’s 50-day moving average is $378.22 and its 200-day moving average is $357.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. The firm has a market capitalization of $99.04 billion, a PE ratio of 22.33, a PEG ratio of 2.10 and a beta of 0.32. General Dynamics Corporation has a fifty-two week low of $306.77 and a fifty-two week high of $400.00.

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

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be issued a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is presently 38.80%.

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.