Focus Partners Advisor Solutions LLC Makes New $6.70 Million Investment in General Dynamics Corporation $GD

Key Points

• Focus Partners Advisor Solutions initiated a $6.70 million position in General Dynamics during the second quarter, purchasing 18,907 shares. Institutional investors and hedge funds collectively own 86.14% of the company.
• Analysts maintain a generally positive outlook, with General Dynamics receiving a consensus “Moderate Buy” rating and an average price target of $410.89. Recent targets range from $375 to $440.
• General Dynamics exceeded quarterly expectations, reporting $4.24 in EPS and $14.09 billion in revenue, while revenue rose 8.1% year over year. The company also declared a quarterly dividend of $1.59 per share, although insiders sold more than $38 million of stock over the past 90 days.

Focus Partners Advisor Solutions LLC bought a new stake in General Dynamics Corporation (NYSE:GD - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,907 shares of the aerospace company's stock, valued at approximately $6,698,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of GD. Whipplewood Advisors LLC increased its stake in General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company's stock valued at $25,000 after purchasing an additional 69 shares in the last quarter. Scarborough Advisors LLC purchased a new stake in General Dynamics during the first quarter worth $29,000. Wilkerson Advisory Group LLC grew its holdings in General Dynamics by 79.6% in the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 39 shares during the last quarter. Motiv8 Investments LLC acquired a new stake in General Dynamics in the fourth quarter valued at $31,000. Finally, Center for Financial Planning Inc. increased its position in shares of General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company's stock valued at $31,000 after buying an additional 64 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on GD. Royal Bank Of Canada lifted their price target on General Dynamics from $385.00 to $410.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 30th. UBS Group raised their target price on shares of General Dynamics from $366.00 to $395.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Wells Fargo & Company lifted their target price on shares of General Dynamics from $400.00 to $440.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $384.00 price target on shares of General Dynamics in a report on Thursday, July 30th. Finally, DA Davidson lowered their price target on shares of General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $410.89.

General Dynamics Stock Up 0.6%

Shares of NYSE:GD opened at $395.46 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $106.99 billion, a P/E ratio of 24.13, a P/E/G ratio of 2.29 and a beta of 0.33. General Dynamics Corporation has a 52-week low of $306.77 and a 52-week high of $400.00. The stock's fifty day simple moving average is $370.17 and its 200-day simple moving average is $354.71.

General Dynamics (NYSE:GD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, topping analysts' consensus estimates of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm had revenue of $14.09 billion during the quarter, compared to analysts' expectations of $13.52 billion. During the same quarter last year, the business posted $3.74 EPS. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, equities research analysts forecast that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.6%. General Dynamics's payout ratio is 38.80%.

Insider Activity

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 43,180 shares of General Dynamics stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president directly owned 44,767 shares of the company's stock, valued at approximately $16,923,716.68. The trade was a 49.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the business's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the transaction, the director owned 10,643 shares of the company's stock, valued at $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 100,228 shares of company stock valued at $38,052,853 over the last 90 days. Insiders own 1.40% of the company's stock.

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.

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