General Dynamics Corporation $GD Position Boosted by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. boosted its position in General Dynamics Corporation (NYSE:GD) by 23.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,885 shares of the aerospace company’s stock after buying an additional 1,473 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in General Dynamics were worth $2,745,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other news, EVP Marguerite Amy Gilliland sold 43,180 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the completion of the transaction, the executive vice president owned 44,767 shares in the company, valued at approximately $16,923,716.68. This trade represents a 49.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the sale, the director owned 10,643 shares of the company’s stock, valued at $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 100,228 shares of company stock worth $38,052,853. 1.40% of the stock is owned by corporate insiders.

General Dynamics Trading Down 0.6%

General Dynamics stock opened at $368.98 on Wednesday. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00. 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 stock has a market capitalization of $99.83 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 2.15 and a beta of 0.32. The firm has a 50 day simple moving average of $377.39 and a 200-day simple moving average of $356.98.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. During the same period in the prior year, the firm posted $3.74 earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, equities research analysts expect that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s payout ratio is presently 38.80%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Susquehanna boosted their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. TD Cowen raised their target price on shares of General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $384.00 target price on shares of General Dynamics in a report on Thursday, July 30th. Jefferies Financial Group increased their price target on General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $421.00 price objective on shares of General Dynamics in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $410.89.

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.