Edgar Lomax Co. VA Has $37.49 Million Holdings in General Dynamics Corporation $GD

Edgar Lomax Co. VA trimmed its position in shares of General Dynamics Corporation (NYSE:GD) by 23.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,954 shares of the aerospace company’s stock after selling 32,865 shares during the quarter. General Dynamics accounts for 2.9% of Edgar Lomax Co. VA’s investment portfolio, making the stock its 12th largest holding. Edgar Lomax Co. VA’s holdings in General Dynamics were worth $37,494,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its position in shares of General Dynamics by 16.9% during the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC boosted its stake in General Dynamics by 140.2% during the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after purchasing an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in General Dynamics during the 2nd quarter worth approximately $240,000. Prosperity Consulting Group LLC raised its stake in shares of General Dynamics by 4.3% in the second quarter. Prosperity Consulting Group LLC now owns 2,446 shares of the aerospace company’s stock worth $713,000 after purchasing an additional 100 shares during the last quarter. Finally, NewSquare Capital LLC lifted its holdings in shares of General Dynamics by 64.7% in the second quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Stock Performance

Shares of GD opened at $361.01 on Friday. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The stock’s fifty day moving average price is $354.28 and its two-hundred day moving average price is $341.88. The firm has a market cap of $97.61 billion, a PE ratio of 23.37, a PEG ratio of 2.19 and a beta of 0.39.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GD. Bank of America reiterated a “buy” rating and set a $400.00 price target on shares of General Dynamics in a report on Friday, January 30th. JPMorgan Chase & Co. increased their target price on shares of General Dynamics from $380.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Citigroup raised their price target on shares of General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Wolfe Research upped their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Argus increased their price objective on shares of General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $376.26.

Insider Buying and Selling

In other General Dynamics news, VP Mark Rayha sold 4,370 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the sale, the vice president owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David Paddock sold 20,360 shares of General Dynamics stock in a transaction on Wednesday, December 17th. The shares were 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 of the company’s stock, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.50% of the company’s stock.

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.