SG Americas Securities LLC Has $199.13 Million Position in General Dynamics Corporation $GD

SG Americas Securities LLC increased its position in General Dynamics Corporation (NYSE:GD) by 6,680.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 591,488 shares of the aerospace company’s stock after buying an additional 582,765 shares during the period. SG Americas Securities LLC owned 0.22% of General Dynamics worth $199,130,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GD. Diversified Trust Co. increased its stake in shares of General Dynamics by 1.0% in the fourth quarter. Diversified Trust Co. now owns 9,732 shares of the aerospace company’s stock worth $3,276,000 after purchasing an additional 100 shares during the period. Aull & Monroe Investment Management Corp boosted its holdings in General Dynamics by 5.6% in the fourth quarter. Aull & Monroe Investment Management Corp now owns 1,607 shares of the aerospace company’s stock valued at $541,000 after acquiring an additional 85 shares during the last quarter. 180 Wealth Advisors LLC lifted its stake in General Dynamics by 2.7% in the fourth quarter. 180 Wealth Advisors LLC now owns 3,241 shares of the aerospace company’s stock valued at $1,091,000 after buying an additional 85 shares during the period. Asempa Wealth Advisors acquired a new stake in General Dynamics during the 4th quarter worth $366,000. Finally, Norway Savings Bank raised its holdings in General Dynamics by 1.6% during the fourth quarter. Norway Savings Bank now owns 4,089 shares of the aerospace company’s stock worth $1,377,000 after acquiring an additional 66 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GD shares. Argus raised their price objective on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Susquehanna reiterated a “positive” rating and set a $420.00 price target on shares of General Dynamics in a research note on Thursday, January 15th. UBS Group set a $393.00 price objective on General Dynamics in a research note on Thursday, January 29th. 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. Finally, BNP Paribas Exane reduced their price target on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $376.26.

Insiders Place Their Bets

In other news, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value of $1,350,016.50. Following the sale, the executive vice president owned 44,767 shares in the company, valued at $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were 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 of the company’s stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 51,260 shares of company stock worth $18,133,971. Company insiders own 1.50% of the company’s stock.

General Dynamics Stock Up 0.4%

Shares of GD opened at $347.20 on Tuesday. 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 business has a fifty day moving average of $355.92 and a 200 day moving average of $344.97. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week high of $369.70. The company has a market cap of $93.88 billion, a PE ratio of 22.47, a P/E/G ratio of 2.06 and a beta of 0.39.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the previous year, the firm posted $4.15 earnings per share. The company’s 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, sell-side analysts expect that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The company 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. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s payout ratio is currently 41.17%.

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.