Sen. John Boozman Sells Off Shares of General Dynamics Corporation (NYSE:GD)

Key Points

• Senator John Boozman sold between $1,001 and $15,000 in General Dynamics stock on July 31st, as disclosed in a filing on August 6th.
• General Dynamics has reported $3.74 earnings per share, surpassing analysts' expectations, along with a revenue of $13.04 billion, a year-over-year increase of 8.9%.
• The company announced a quarterly dividend of $1.50 per share, to be paid on November 14th, reflecting an annualized yield of 1.9%.

Senator John Boozman (R-Arkansas) recently sold shares of General Dynamics Corporation NYSE: GD. In a filing disclosed on August 06th, the Senator disclosed that they had sold between $1,001 and $15,000 in General Dynamics stock on July 31st.

Senator John Boozman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Mondelez International NASDAQ: MDLZ on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of Walmart NYSE: WMT on 7/31/2025.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/24/2025.
• Sold $1,001 - $15,000 in shares of iShares iBoxx $ High Yield Corporate Bond ETF NYSEARCA: HYG on 7/8/2025.
• Purchased $1,001 - $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF NYSEARCA: GIGB on 7/8/2025.
• Sold $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 6/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

General Dynamics Trading Up 0.4%

GD stock traded up $1.25 during midday trading on Friday, hitting $313.98. The company had a trading volume of 1,157,284 shares, compared to its average volume of 1,473,091. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 0.32. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $322.50. The stock's 50 day moving average price is $294.07 and its 200 day moving average price is $275.16. The stock has a market cap of $84.46 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.93 and a beta of 0.48.

General Dynamics (NYSE:GD - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The aerospace company reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.27. The company had revenue of $13.04 billion for the quarter, compared to analysts' expectations of $12.13 billion. General Dynamics had a return on equity of 17.99% and a net margin of 8.13%. General Dynamics's quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm earned $3.26 earnings per share. As a group, equities research analysts expect that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Friday, October 10th. General Dynamics's payout ratio is 40.27%.

Insider Activity

In other General Dynamics news, EVP Mark Lagrand Burns sold 43,860 shares of General Dynamics stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $312.28, for a total value of $13,696,600.80. Following the completion of the sale, the executive vice president owned 39,875 shares of the company's stock, valued at approximately $12,452,165. The trade was a 52.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Leon Rudy F. De sold 5,490 shares of the stock in a transaction on Monday, July 28th. The shares were sold at an average price of $312.81, for a total value of $1,717,326.90. Following the transaction, the director directly owned 5,483 shares in the company, valued at $1,715,137.23. The trade was a 50.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 268,370 shares of company stock valued at $78,408,011 over the last three months. Insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On General Dynamics

A number of institutional investors have recently made changes to their positions in GD. Brighton Jones LLC lifted its holdings in shares of General Dynamics by 16.9% during the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company's stock valued at $760,000 after purchasing an additional 417 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in General Dynamics by 24.2% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,360 shares of the aerospace company's stock valued at $1,149,000 after acquiring an additional 849 shares during the period. Aster Capital Management DIFC Ltd bought a new position in General Dynamics during the 4th quarter valued at about $60,000. Federated Hermes Inc. boosted its holdings in shares of General Dynamics by 16.4% during the 4th quarter. Federated Hermes Inc. now owns 1,476 shares of the aerospace company's stock valued at $389,000 after acquiring an additional 208 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of General Dynamics by 10.6% in the fourth quarter. Invesco Ltd. now owns 2,428,644 shares of the aerospace company's stock worth $639,923,000 after acquiring an additional 232,383 shares during the period. Hedge funds and other institutional investors own 86.14% of the company's stock.

Analyst Upgrades and Downgrades

GD has been the topic of several research analyst reports. Jefferies Financial Group set a $325.00 target price on General Dynamics and gave the company a "hold" rating in a research note on Wednesday, July 9th. Morgan Stanley decreased their price objective on shares of General Dynamics from $305.00 to $300.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Deutsche Bank Aktiengesellschaft raised shares of General Dynamics from a "hold" rating to a "buy" rating and lifted their target price for the company from $298.00 to $342.00 in a research note on Tuesday, July 8th. UBS Group increased their price target on shares of General Dynamics from $309.00 to $333.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. Finally, TD Cowen lifted their price objective on General Dynamics from $290.00 to $300.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, General Dynamics currently has an average rating of "Hold" and an average target price of $315.78.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About General Dynamics

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.