Nisa Investment Advisors LLC Has $30.88 Million Holdings in General Dynamics Corporation $GD

Nisa Investment Advisors LLC boosted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 91,730 shares of the aerospace company’s stock after purchasing an additional 1,696 shares during the period. Nisa Investment Advisors LLC’s holdings in General Dynamics were worth $30,882,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crowley Wealth Management Inc. lifted its holdings in shares of General Dynamics by 1.4% during the 3rd quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after purchasing an additional 30 shares in the last quarter. First Financial Bankshares Inc raised its holdings in General Dynamics by 2.6% during the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock worth $408,000 after buying an additional 30 shares during the period. Worth Asset Management LLC lifted its stake in General Dynamics by 3.2% in the fourth quarter. Worth Asset Management LLC now owns 1,032 shares of the aerospace company’s stock valued at $347,000 after buying an additional 32 shares in the last quarter. Columbus Macro LLC boosted its holdings in shares of General Dynamics by 0.4% in the third quarter. Columbus Macro LLC now owns 8,644 shares of the aerospace company’s stock valued at $2,948,000 after buying an additional 33 shares during the period. Finally, AGH Wealth Advisors LLC increased its position in shares of General Dynamics by 1.5% during the third quarter. AGH Wealth Advisors LLC now owns 2,253 shares of the aerospace company’s stock worth $768,000 after acquiring an additional 33 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the transaction, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. The trade was a 7.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the sale, the vice president directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 51,260 shares of company stock worth $18,133,971 in the last three months. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

GD has been the topic of several recent research reports. UBS Group set a $393.00 price target on General Dynamics in a research note on Thursday, January 29th. Wolfe Research increased their price objective on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Sanford C. Bernstein reissued a “market perform” rating and issued a $398.00 target price on shares of General Dynamics in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of General Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, General Dynamics presently has a consensus rating of “Moderate Buy” and an average price target of $376.26.

General Dynamics Price Performance

Shares of GD opened at $343.52 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $353.79 and its 200 day simple moving average is $345.95. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $369.70. The company has a market cap of $93.04 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 2.03 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 EPS for the quarter, beating analysts’ consensus estimates of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter last year, the firm posted $4.15 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, research analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be issued a dividend of $1.59 per share. The ex-dividend date is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 1.9%. General Dynamics’s dividend payout ratio is 38.83%.

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.