Greenup Street Wealth Management LLC Acquires 5,538 Shares of General Dynamics Corporation $GD

Key Points

• Greenup Street Wealth Management increased its stake in General Dynamics by 827.8% in Q4, acquiring 5,538 shares to hold 6,207 shares valued at about $2.09 million.
• General Dynamics beat Q4 expectations with EPS of $4.17 (vs. $4.11) and revenue of $14.38B (up 7.8% YoY), and issued FY2026 guidance of 16.10–16.20 EPS while analysts forecast roughly 14.83 for the current year.
• The board raised the quarterly dividend to $1.59 (annualized $6.36, yield 1.9%, ex-dividend April 10), even as insiders — including CEO Phebe N. Novakovic — sold shares (32,918 shares, ~$11.66M), with insiders net selling 51,260 shares in the past 90 days.

Greenup Street Wealth Management LLC boosted its holdings in General Dynamics Corporation (NYSE:GD - Free Report) by 827.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,207 shares of the aerospace company's stock after acquiring an additional 5,538 shares during the quarter. Greenup Street Wealth Management LLC's holdings in General Dynamics were worth $2,090,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GD. Dunhill Financial LLC increased its stake in General Dynamics by 620.0% in the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company's stock valued at $25,000 after acquiring an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in General Dynamics during the third quarter worth about $25,000. Dagco Inc. bought a new stake in General Dynamics during the fourth quarter worth about $25,000. Halbert Hargrove Global Advisors LLC bought a new stake in General Dynamics during the third quarter worth about $26,000. Finally, Burkett Financial Services LLC grew its stake in General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company's stock worth $26,000 after buying an additional 65 shares during the last quarter. Institutional investors own 86.14% of the company's stock.

General Dynamics Price Performance

Shares of GD stock opened at $334.78 on Friday. General Dynamics Corporation has a 52-week low of $262.84 and a 52-week high of $369.70. The stock has a market cap of $90.67 billion, a PE ratio of 21.67, a PEG ratio of 2.00 and a beta of 0.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. The firm's 50 day moving average price is $351.70 and its two-hundred day moving average price is $347.06.

General Dynamics (NYSE:GD - Get Free Report) last announced its quarterly earnings data 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. 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 for the quarter, compared to analysts' expectations of $13.77 billion. During the same period last year, the firm earned $4.15 earnings per share. The business's revenue for the quarter was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, analysts forecast that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be issued a $1.59 dividend. This represents a $6.36 annualized dividend 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 38.83%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GD. Weiss Ratings reaffirmed a "buy (b)" rating on shares of General Dynamics in a research note on Thursday, January 22nd. TD Cowen upped their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. Morgan Stanley upped their price objective on shares of General Dynamics from $408.00 to $410.00 and gave the stock an "overweight" rating in a research note on Thursday, January 29th. Bank of America reaffirmed a "buy" rating and set a $400.00 price objective on shares of General Dynamics in a research note on Friday, January 30th. Finally, Citigroup decreased their price objective on shares of General Dynamics from $389.00 to $380.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics has a consensus rating of "Moderate Buy" and an average price target of $384.53.

Insider Activity

In other General Dynamics news, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $271,394,759.13. This trade represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the sale, the executive vice president owned 44,767 shares in the company, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, 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 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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