Oliver Luxxe Assets LLC Takes $3.55 Million Position in General Dynamics Corporation $GD

Oliver Luxxe Assets LLC bought a new position in General Dynamics Corporation (NYSE:GD) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 10,417 shares of the aerospace company’s stock, valued at approximately $3,552,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC acquired a new position in shares of General Dynamics in the 3rd quarter valued at $26,000. Louisbourg Investments Inc. acquired a new position in General Dynamics in the third quarter worth about $27,000. Vermillion & White Wealth Management Group LLC lifted its stake in General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 49 shares during the period. Nova Wealth Management Inc. acquired a new stake in General Dynamics during the first quarter valued at approximately $33,000. Finally, NewSquare Capital LLC grew its stake in shares of General Dynamics by 64.7% in the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares during the period. Institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Up 0.6%

Shares of NYSE:GD opened at $353.49 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.40 and a debt-to-equity ratio of 0.29. The firm has a market cap of $95.49 billion, a P/E ratio of 22.91, a P/E/G ratio of 1.56 and a beta of 0.41. General Dynamics Corporation has a 12 month low of $239.20 and a 12 month high of $367.65. The company’s 50-day moving average price is $342.31 and its two-hundred day moving average price is $328.03.

General Dynamics (NYSE:GD) last announced its earnings results on Friday, October 24th. The aerospace company reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.19. General Dynamics had a net margin of 8.18% and a return on equity of 18.27%. The company had revenue of $12.91 billion during the quarter, compared to the consensus estimate of $12.49 billion. During the same period in the previous year, the firm posted $3.35 earnings per share. The company’s revenue was up 10.6% on a year-over-year basis. General Dynamics has set its FY 2025 guidance at 15.300-15.35 EPS. As a group, research analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 16th will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Friday, January 16th. General Dynamics’s dividend payout ratio (DPR) is presently 38.89%.

Insider Activity at General Dynamics

In other news, VP David Paddock sold 20,360 shares of the business’s 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 completion of the sale, the vice president owned 36,644 shares in the company, valued at $12,272,808.48. The trade was a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

GD has been the subject of several analyst reports. Citigroup initiated coverage on General Dynamics in a research report on Thursday, December 11th. They set a “neutral” rating and a $371.00 target price for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a research note on Wednesday, October 8th. Morgan Stanley set a $385.00 target price on shares of General Dynamics in a report on Monday, October 27th. Wall Street Zen raised shares of General Dynamics from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Finally, Vertical Research raised shares of General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price objective on the stock in a research note on Monday, October 27th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, General Dynamics currently has an average rating of “Moderate Buy” and an average price target of $358.50.

General Dynamics News Roundup

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

• Positive Sentiment: Zacks highlights General Dynamics’ strong history of earnings surprises and says GD has the setup to beat consensus again, supporting upside to near‑term price and sentiment. Why General Dynamics (GD) Could Beat Earnings Estimates Again
• Positive Sentiment: Zacks Research has nudged up multiple near‑term and FY EPS estimates for GD (Q1/Q2/Q3 and FY revisions), which reduces downside risk from analyst expectations and can support multiple expansion if results track the upgrades.
• Positive Sentiment: Sector momentum from proposed large increases in U.S. military spending is lifting defense names, benefiting GD as a diversified prime contractor and supplier to the Pentagon. Aerospace, defense stocks surge after Trump’s proposed $1.5 trillion military spending budget — but are investors too optimistic?
• Positive Sentiment: GDIT (a General Dynamics business) won a ~$131M USAF task order for network upgrades — a concrete backlog win that supports revenue visibility in the services/IT segment. GDIT wins $131m task order for USAF network upgrades
• Neutral Sentiment: Outlets and analysts continue to profile GD as a dividend stock and large, diversified defense/corporate-jet manufacturer — a reminder of the company’s income profile and defensive characteristics for long-term investors. Dividend Stock Analysis – General Dynamics
• Negative Sentiment: Political risk: President Trump signed an order to block dividends and buybacks for defense firms until production improves, and his public comments earlier this week triggered volatility across the sector — a direct policy risk to GD’s capital-return profile. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Ongoing headlines and videos show the sector remains sensitive to political rhetoric (calls to cap buybacks/dividends and limit executive pay), which could cap valuation multiples even if revenue and earnings trends remain strong. Trump Takes on Buybacks, Dividends and Executive Pay at U.S. Defense Contractors

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.