General Dynamics Corporation $GD Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. cut its stake in General Dynamics Corporation (NYSE:GD) by 64.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,136 shares of the aerospace company’s stock after selling 2,091 shares during the period. Total Clarity Wealth Management Inc.’s holdings in General Dynamics were worth $388,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Halbert Hargrove Global Advisors LLC acquired a new position in shares of General Dynamics in the 3rd quarter valued at $26,000. Louisbourg Investments Inc. acquired a new position in shares of General Dynamics in the third quarter valued at about $27,000. Redmont Wealth Advisors LLC purchased a new position in shares of General Dynamics in the third quarter worth about $30,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 49 shares during the period. Finally, NewSquare Capital LLC increased its holdings in General Dynamics by 64.7% in the 2nd quarter. NewSquare Capital LLC now owns 112 shares of the aerospace company’s stock worth $33,000 after buying an additional 44 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GD. Susquehanna reiterated a “positive” rating and issued a $420.00 price objective on shares of General Dynamics in a research note on Thursday, January 15th. Citigroup upped their target price on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Bank of America reiterated a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. BNP Paribas Exane lowered their price objective on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. Finally, Wall Street Zen cut shares of General Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $376.26.

Insider Buying and Selling at General Dynamics

In related news, VP David Paddock sold 20,360 shares of the stock in a transaction 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 transaction, the vice president directly owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This represents a 35.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the sale, the vice president directly owned 7,936 shares in the company, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by corporate insiders.

General Dynamics Stock Up 2.2%

Shares of NYSE GD opened at $350.72 on Friday. The company’s 50-day simple moving average is $352.42 and its 200-day simple moving average is $340.24. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week high of $369.70. The firm has a market cap of $94.83 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 2.05 and a beta of 0.41. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping the consensus estimate of $4.11 by $0.06. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts predict that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 16th were given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, January 16th. General Dynamics’s payout ratio is presently 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.