Farther Finance Advisors LLC Grows Stake in General Dynamics Corporation $GD

Key Points

• Farther Finance Advisors LLC increased its stake in General Dynamics by 46.3% to 22,590 shares (worth about $7.61M), and overall institutional/hedge fund ownership is very high at 86.14%, with major managers like Vanguard, AQR and Northern Trust adding large positions.
• Analysts are broadly positive, with a consensus rating of "Moderate Buy" and a consensus target of $384.53; several firms have recently raised price targets into the $390–$415 range.
• General Dynamics reported a Q4 beat (EPS $4.17 vs. $4.11 expected) and set FY2026 guidance of 16.10–16.20 EPS, and increased its quarterly dividend to $1.59 (annualized $6.36), even as insiders sold about 51,260 shares (~$18.13M) in the past three months, including a CEO sale.

Farther Finance Advisors LLC lifted its position in General Dynamics Corporation (NYSE:GD - Free Report) by 46.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,590 shares of the aerospace company's stock after buying an additional 7,144 shares during the period. Farther Finance Advisors LLC's holdings in General Dynamics were worth $7,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of GD. AQR Capital Management LLC lifted its position in General Dynamics by 118.3% during the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company's stock valued at $567,372,000 after purchasing an additional 901,679 shares in the last quarter. Northern Trust Corp lifted its position in General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company's stock valued at $1,136,525,000 after purchasing an additional 863,392 shares in the last quarter. Pacer Advisors Inc. lifted its position in General Dynamics by 3,306.5% during the third quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company's stock valued at $297,029,000 after purchasing an additional 845,482 shares in the last quarter. Vanguard Group Inc. lifted its position in General Dynamics by 2.9% during the third quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company's stock valued at $8,265,349,000 after purchasing an additional 677,665 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in General Dynamics by 831.1% during the third quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company's stock valued at $251,405,000 after purchasing an additional 658,081 shares in the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GD has been the topic of several analyst reports. UBS Group set a $393.00 target price on General Dynamics in a research report on Thursday, January 29th. TD Cowen boosted their price objective on General Dynamics from $370.00 to $390.00 and gave the company a "buy" rating in a research report on Wednesday, January 14th. Argus boosted their price objective on General Dynamics from $380.00 to $395.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Wolfe Research boosted their price objective on General Dynamics from $400.00 to $415.00 and gave the company an "outperform" rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their price objective on General Dynamics from $380.00 to $385.00 and gave the company an "overweight" rating in a research report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $384.53.

Insider Buying and Selling

In other General Dynamics news, CEO Phebe N. Novakovic sold 32,918 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at $271,394,759.13. This represents a 4.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Mark Lagrand Burns sold 10,153 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the sale, the executive vice president owned 38,975 shares in the company, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 51,260 shares of company stock valued at $18,133,971. 1.40% of the stock is currently owned by company insiders.

General Dynamics Trading Down 0.2%

Shares of GD stock opened at $339.13 on Thursday. General Dynamics Corporation has a 12-month low of $262.84 and a 12-month high of $369.70. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The stock's 50-day moving average price is $351.00 and its 200-day moving average price is $347.34. The stock has a market capitalization of $91.85 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 2.27 and a beta of 0.38.

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

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be given a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.9%. This is a boost from General Dynamics's previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. General Dynamics's dividend payout ratio (DPR) 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.

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