Revisor Wealth Management LLC Has $307,000 Position in General Dynamics Co. (NYSE:GD)

Revisor Wealth Management LLC decreased its stake in shares of General Dynamics Co. (NYSE:GD - Free Report) by 43.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,171 shares of the aerospace company's stock after selling 916 shares during the period. Revisor Wealth Management LLC's holdings in General Dynamics were worth $307,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Toronto Dominion Bank boosted its holdings in shares of General Dynamics by 8.4% during the fourth quarter. Toronto Dominion Bank now owns 134,806 shares of the aerospace company's stock valued at $35,520,000 after acquiring an additional 10,459 shares during the period. Parr Mcknight Wealth Management Group LLC acquired a new stake in General Dynamics in the 4th quarter valued at approximately $3,619,000. Neo Ivy Capital Management bought a new stake in General Dynamics during the 4th quarter valued at $3,726,000. Sunbelt Securities Inc. boosted its position in General Dynamics by 7.1% during the 4th quarter. Sunbelt Securities Inc. now owns 2,664 shares of the aerospace company's stock worth $702,000 after acquiring an additional 176 shares during the period. Finally, Vise Technologies Inc. grew its stake in shares of General Dynamics by 54.3% in the fourth quarter. Vise Technologies Inc. now owns 2,437 shares of the aerospace company's stock worth $642,000 after purchasing an additional 858 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

General Dynamics Stock Up 1.7%

Shares of GD traded up $4.55 during mid-day trading on Tuesday, reaching $279.30. The company's stock had a trading volume of 1,052,730 shares, compared to its average volume of 1,374,965. General Dynamics Co. has a 1 year low of $239.20 and a 1 year high of $316.90. The company has a market cap of $74.96 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 1.69 and a beta of 0.49. The company has a quick ratio of 0.82, a current ratio of 1.37 and a debt-to-equity ratio of 0.33. The business has a fifty day moving average of $271.35 and a 200 day moving average of $267.67.

General Dynamics (NYSE:GD - Get Free Report) last released its earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.23. The company had revenue of $12.22 billion for the quarter, compared to analysts' expectations of $11.92 billion. General Dynamics had a return on equity of 17.10% and a net margin of 7.93%. The business's revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.88 EPS. As a group, analysts forecast that General Dynamics Co. will post 14.83 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 11th were given a $1.50 dividend. This is an increase from General Dynamics's previous quarterly dividend of $1.42. The ex-dividend date was Friday, April 11th. This represents a $6.00 dividend on an annualized basis and a yield of 2.15%. General Dynamics's dividend payout ratio is presently 41.61%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GD shares. UBS Group upped their price objective on shares of General Dynamics from $268.00 to $279.00 and gave the stock a "neutral" rating in a report on Thursday, April 24th. Susquehanna upped their price target on shares of General Dynamics from $300.00 to $315.00 and gave the stock a "positive" rating in a research note on Wednesday, April 2nd. The Goldman Sachs Group lowered their price objective on shares of General Dynamics from $245.00 to $241.00 and set a "sell" rating on the stock in a research note on Tuesday, January 28th. Royal Bank of Canada cut their price objective on General Dynamics from $290.00 to $280.00 and set a "sector perform" rating for the company in a report on Thursday, January 30th. Finally, Citigroup lowered their target price on General Dynamics from $335.00 to $330.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $293.00.

Insider Buying and Selling at General Dynamics

In related news, SVP Marguerite Amy Gilliland sold 27,562 shares of General Dynamics stock in a transaction on Monday, March 10th. The shares were sold at an average price of $272.11, for a total value of $7,499,895.82. Following the transaction, the senior vice president now owns 45,192 shares in the company, valued at $12,297,195.12. This trade represents a 37.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.50% of the company's stock.

General Dynamics Company Profile

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.