General Dynamics (NYSE:GD) Price Target Raised to $440.00 at Wells Fargo & Company

General Dynamics (NYSE:GD) had its price target hoisted by analysts at Wells Fargo & Company from $400.00 to $440.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the aerospace company’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 16.10% from the company’s previous close.

Several other equities research analysts also recently issued reports on GD. The Goldman Sachs Group dropped their target price on General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research report on Monday, May 4th. Morgan Stanley lifted their price target on General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on General Dynamics from $385.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. UBS Group raised their target price on General Dynamics from $366.00 to $395.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, TD Cowen lifted their target price on General Dynamics from $390.00 to $420.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $409.68.

General Dynamics Price Performance

GD opened at $379.00 on Tuesday. The firm has a 50-day moving average price of $361.54 and a 200-day moving average price of $353.01. General Dynamics has a twelve month low of $306.77 and a twelve 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. The company has a market capitalization of $102.54 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 2.22 and a beta of 0.32.

General Dynamics (NYSE:GD) last released its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $13.52 billion. During the same period last year, the firm earned $3.74 EPS. General Dynamics’s revenue for the quarter was up 8.1% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities analysts expect that General Dynamics will post 16.97 EPS for the current year.

Insider Activity

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the completion of the transaction, the executive vice president directly owned 38,975 shares in the company, valued at $13,457,677.75. The trade was a 48.35% decrease in their ownership of the stock. 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 firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the sale, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. The trade was a 33.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 78,190 shares of company stock valued at $27,041,022. 1.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On General Dynamics

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Whipplewood Advisors LLC raised its position in shares of General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after buying an additional 69 shares in the last quarter. Steph & Co. increased its stake in General Dynamics by 65.2% in the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 30 shares during the last quarter. Scarborough Advisors LLC bought a new position in General Dynamics in the first quarter valued at $29,000. Wilkerson Advisory Group LLC raised its position in General Dynamics by 79.6% during the first 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 in the last quarter. Finally, Center for Financial Planning Inc. lifted its stake in General Dynamics by 220.7% during the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 86.14% 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.