Running Oak Capital LLC Has $18.13 Million Stake in General Dynamics Corporation $GD

Running Oak Capital LLC decreased its position in General Dynamics Corporation (NYSE:GD) by 8.7% during the third quarter, HoldingsChannel reports. The firm owned 53,177 shares of the aerospace company’s stock after selling 5,069 shares during the quarter. General Dynamics comprises approximately 2.0% of Running Oak Capital LLC’s holdings, making the stock its 8th biggest position. Running Oak Capital LLC’s holdings in General Dynamics were worth $18,133,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of General Dynamics in the third quarter valued at about $26,000. Louisbourg Investments Inc. acquired a new position in shares of General Dynamics during the third quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of General Dynamics by 80.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 49 shares during the period. NewSquare Capital LLC increased its position in General Dynamics by 64.7% during the second quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 44 shares during the period. Finally, Harbor Asset Planning Inc. acquired a new position in General Dynamics during the 2nd quarter valued at $35,000. 86.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on GD. Citigroup boosted their price objective on shares of General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Melius Research upgraded General Dynamics to a “strong-buy” rating in a research report on Tuesday, October 28th. Morgan Stanley upped their target price on General Dynamics from $408.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. BNP Paribas Exane decreased their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. Finally, UBS Group set a $393.00 price objective on shares of General Dynamics in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $375.47.

General Dynamics Stock Down 1.3%

Shares of NYSE:GD opened at $346.66 on Tuesday. The company’s fifty day moving average is $347.94 and its 200-day moving average is $335.55. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $369.70. The company has a market capitalization of $93.64 billion, a PE ratio of 22.44, a P/E/G ratio of 1.83 and a beta of 0.41.

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

General Dynamics Announces Dividend

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

Insiders Place Their Bets

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

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.