Intech Investment Management LLC Grows Stock Position in General Dynamics Corporation $GD

Intech Investment Management LLC boosted its position in General Dynamics Corporation (NYSE:GD) by 74.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,805 shares of the aerospace company’s stock after buying an additional 8,033 shares during the period. Intech Investment Management LLC’s holdings in General Dynamics were worth $6,413,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Crowley Wealth Management Inc. increased its stake in shares of General Dynamics by 1.4% during the third quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock worth $767,000 after acquiring an additional 30 shares during the period. First Financial Bankshares Inc boosted its holdings in General Dynamics by 2.6% in the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock valued at $408,000 after purchasing an additional 30 shares in the last quarter. Gilbert & Cook Inc. increased its position in General Dynamics by 1.4% during the 2nd quarter. Gilbert & Cook Inc. now owns 2,389 shares of the aerospace company’s stock worth $697,000 after purchasing an additional 33 shares during the period. Columbus Macro LLC raised its stake in shares of General Dynamics by 0.4% during the 3rd quarter. Columbus Macro LLC now owns 8,644 shares of the aerospace company’s stock worth $2,948,000 after buying an additional 33 shares in the last quarter. Finally, AGH Wealth Advisors LLC lifted its holdings in shares of General Dynamics by 1.5% in the 3rd quarter. AGH Wealth Advisors LLC now owns 2,253 shares of the aerospace company’s stock valued at $768,000 after buying an additional 33 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics Stock Performance

NYSE:GD opened at $356.89 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The company has a market cap of $96.50 billion, a P/E ratio of 23.10, a P/E/G ratio of 2.09 and a beta of 0.41. The firm’s 50 day moving average is $352.76 and its two-hundred day moving average is $340.53. General Dynamics Corporation has a fifty-two week low of $239.20 and a fifty-two week high of $369.70.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 17.57% and a net margin of 8.01%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Analysts expect that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Friday, January 16th were issued a dividend of $1.50 per share. The ex-dividend date was Friday, January 16th. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. General Dynamics’s payout ratio is presently 38.83%.

Insiders Place Their Bets

In other news, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the sale, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David Paddock sold 20,360 shares of the stock in a transaction dated Wednesday, December 17th. The shares were 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 owned 36,644 shares of the company’s stock, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their position. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

GD has been the topic of a number of recent analyst reports. Morgan Stanley upped their price objective on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Citigroup boosted their price objective 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. Jefferies Financial Group increased their target price on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a report on Sunday, February 1st. UBS Group set a $393.00 price target on shares of General Dynamics in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. upped their price target on General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, General Dynamics presently has a consensus rating of “Moderate Buy” and a consensus target price of $376.26.

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.