Edmond DE Rothschild Holding S.A. Invests $778,000 in General Dynamics Corporation $GD

Edmond DE Rothschild Holding S.A. acquired a new stake in General Dynamics Corporation (NYSE:GD) in the 2nd quarter, Holdings Channel reports. The fund acquired 2,195 shares of the aerospace company’s stock, valued at approximately $778,000.

Other hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC lifted its position in General Dynamics by 1,725.0% in the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 69 shares during the period. Scarborough Advisors LLC acquired a new position in shares of General Dynamics during the 1st quarter valued at $29,000. Wilkerson Advisory Group LLC increased its position in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 39 shares during the period. Paladin Partners LLC bought a new stake in shares of General Dynamics in the 2nd quarter worth $30,000. Finally, Center for Financial Planning Inc. lifted its holdings in shares of General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after buying an additional 64 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analyst Weigh In

GD has been the subject of several research reports. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $421.00 target price on shares of General Dynamics in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $384.00 price target on shares of General Dynamics in a research report on Thursday, July 30th. The Goldman Sachs Group reduced their price objective on shares of General Dynamics from $327.00 to $313.00 and set a “sell” rating for the company in a research report on Monday, May 4th. DA Davidson lowered their price objective on shares of General Dynamics from $384.00 to $375.00 in a research note on Thursday, April 30th. Finally, Wall Street Zen downgraded shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $410.89.

Insider Transactions at General Dynamics

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 43,180 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president owned 44,767 shares in the company, valued at $16,923,716.68. This represents a 49.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 10,643 shares in the company, valued at $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 100,228 shares of company stock valued at $38,052,853 over the last three months. 1.40% of the stock is owned by corporate insiders.

General Dynamics Price Performance

GD opened at $385.88 on Friday. The stock has a fifty day moving average of $373.66 and a 200-day moving average of $355.62. The firm has a market capitalization of $104.40 billion, a P/E ratio of 23.54, a PEG ratio of 2.27 and a beta of 0.33. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. The business had revenue of $14.09 billion for the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.General Dynamics’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.74 earnings per share. 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 fiscal year.

General Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s dividend payout ratio is 38.80%.

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.