Machina Capital S.A.S. Raises Holdings in General Dynamics Corporation $GD

Machina Capital S.A.S. lifted its stake in General Dynamics Corporation (NYSE:GD) by 62.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,741 shares of the aerospace company’s stock after purchasing an additional 5,660 shares during the quarter. General Dynamics comprises about 0.9% of Machina Capital S.A.S.’s portfolio, making the stock its 22nd largest holding. Machina Capital S.A.S.’s holdings in General Dynamics were worth $5,027,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of GD. Pacer Advisors Inc. lifted its stake in shares of General Dynamics by 3,306.5% during the third quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock worth $297,029,000 after buying an additional 845,482 shares during the period. Ameriprise Financial Inc. raised its stake in General Dynamics by 25.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock worth $1,003,444,000 after acquiring an additional 691,340 shares during the last quarter. Prudential Financial Inc. lifted its position in General Dynamics by 142.5% during the 2nd quarter. Prudential Financial Inc. now owns 438,311 shares of the aerospace company’s stock worth $127,838,000 after acquiring an additional 257,534 shares during the period. AQR Capital Management LLC grew its stake in General Dynamics by 43.0% during the 2nd quarter. AQR Capital Management LLC now owns 762,168 shares of the aerospace company’s stock valued at $222,294,000 after purchasing an additional 229,352 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of General Dynamics in the second quarter valued at about $66,599,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analyst Weigh In

GD has been the subject of a number of research reports. Wolfe Research lifted their target price on General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Vertical Research upgraded shares of General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a research note on Monday, October 27th. JPMorgan Chase & Co. increased their price objective on shares of General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Citigroup raised their target price on shares of General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Finally, Argus upped their price target on shares of General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, General Dynamics currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.47.

General Dynamics Stock Performance

GD opened at $355.36 on Wednesday. The firm has a fifty day moving average price of $348.22 and a 200 day moving average price of $335.94. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The stock has a market cap of $96.08 billion, a P/E ratio of 23.00, a P/E/G ratio of 2.07 and a beta of 0.41. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89.

General Dynamics (NYSE:GD) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share 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 analysts’ expectations of $13.77 billion. During the same quarter in the previous year, the company earned $4.15 earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities research analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 16th will be given a dividend of $1.50 per share. The ex-dividend date is Friday, January 16th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s dividend payout ratio is currently 38.83%.

Insider Buying and Selling

In other news, VP David Paddock sold 20,360 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total value of $6,818,971.20. Following the completion of the sale, the vice president directly owned 36,644 shares in the company, valued at $12,272,808.48. The trade was a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.50% of the company’s stock.

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.