General Dynamics Corporation (NYSE:GD) Stock Has Average Target Price of $410.84 According to Brokerages

General Dynamics Corporation (NYSE:GD) has been assigned an average rating of “Moderate Buy” from the nineteen research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, twelve have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $407.16.

A number of research analysts recently issued reports on GD shares. Morgan Stanley raised their target price on shares of General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Susquehanna upped their price target on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a research report on Monday, September 28th. BNP Paribas Exane lifted their price objective on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Wells Fargo & Company boosted their price objective on General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th.

General Dynamics News Roundup

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

• Positive Sentiment: General Dynamics named current President Danny Deep as chief executive, effective Jan. 1, 2027, with current CEO Phebe Novakovic becoming executive chair. Deep’s internal promotion may provide continuity in strategy and operations while reducing succession uncertainty. Deep Tapped As Next CEO Of General Dynamics
• Positive Sentiment: GD is partnering with Primordial Labs to add AI-powered voice control to the Abrams and XM30 combat vehicle programs. The initiative reinforces the company’s exposure to military modernization and artificial-intelligence spending, although the near-term financial impact was not disclosed. General Dynamics, Primordial Labs Partner to Bring AI Voice Control
• Neutral Sentiment: General Dynamics will webcast its third-quarter 2026 financial-results conference call on Oct. 30. Investors will look for updates on orders, margins, cash flow and full-year guidance; the announcement itself does not change current fundamentals. General Dynamics to Webcast 2026 Third-Quarter Financial Results Conference Call
• Neutral Sentiment: Dividend coverage and valuation analyses continue to frame GD as an income-oriented defense stock. A comparison with GE Aerospace focuses on which company offers better value, but neither article identifies a material change to GD’s dividend or outlook. General Dynamics Corp’s Dividend Analysis
• Negative Sentiment: Several commentaries remain cautious, noting that GD shares have underperformed the broader market over the past six months and arguing that a CEO change alone will not resolve defense-industry challenges such as execution, budget timing and investor concerns. This negative sentiment may weigh on the stock despite the orderly succession. General Dynamics’ New CEO Won’t Fix Defense Stocks’ Problems

General Dynamics Stock Up 0.4%

GD opened at $331.35 on Wednesday. The firm has a market cap of $89.65 billion, a P/E ratio of 20.22, a price-to-earnings-growth ratio of 1.90 and a beta of 0.33. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The business has a 50 day moving average price of $363.44 and a 200 day moving average price of $355.46. General Dynamics has a twelve month low of $306.77 and a twelve month high of $400.00.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The company had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same quarter last year, the firm posted $3.74 earnings per share. The company’s quarterly revenue 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. Research analysts forecast that General Dynamics will post 16.99 EPS for the current year.

General Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s payout ratio is currently 38.80%.

Insider Transactions at General Dynamics

In related news, Director Robert K. Steel sold 7,440 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the transaction, the director owned 3,096 shares of the company’s stock, valued at approximately $1,071,370.80. The trade was a 70.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Phebe N. Novakovic sold 51,568 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at approximately $293,231,119.06. The trade was a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 102,188 shares of company stock worth $38,627,265 over the last three months. 1.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GD. BlackRock Inc. acquired a new stake in General Dynamics during the second quarter worth about $6,840,590,000. State Street Corp raised its holdings in General Dynamics by 3.3% in the 2nd quarter. State Street Corp now owns 11,811,099 shares of the aerospace company’s stock valued at $4,183,964,000 after acquiring an additional 374,682 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of General Dynamics in the 2nd quarter worth approximately $2,603,527,000. JPMorgan Chase & Co. lifted its position in shares of General Dynamics by 2.2% in the 4th quarter. JPMorgan Chase & Co. now owns 5,307,389 shares of the aerospace company’s stock worth $1,786,786,000 after acquiring an additional 114,647 shares during the period. Finally, Corient Private Wealth LP grew its holdings in shares of General Dynamics by 806.3% during the 2nd quarter. Corient Private Wealth LP now owns 1,661,702 shares of the aerospace company’s stock worth $588,641,000 after purchasing an additional 1,478,353 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

About General Dynamics

General Dynamics Corporation (NYSE:GD) is an aerospace and defense company that develops and delivers products and services for government and commercial customers. The company operates through four primary business segments: Aerospace, Marine Systems, Combat Systems, and Technologies.

Its Aerospace segment designs and manufactures Gulfstream business jets and provides aircraft support services. Marine Systems builds nuclear-powered submarines and surface ships for the U.S. Navy, while Combat Systems produces armored vehicles, combat systems, weapons, and munitions.