Rep. Julie Johnson Purchases Shares of General Dynamics Corporation (NYSE:GD)

Key Points

• Representative Julie Johnson (D-Texas) purchased shares of General Dynamics Corporation (NYSE:GD) valued between $1,001 and $15,000 on May 2nd, as revealed in a filing on June 13th.
• General Dynamics announced a quarterly dividend of $1.50 per share, with a dividend yield of 1.91%, scheduled to be paid on August 8th.
• Analysts have varying ratings on General Dynamics, with JPMorgan Chase raising its price target from $284 to $345, while UBS offered a neutral rating with a price objective of $333.

Representative Julie Johnson (D-Texas) recently bought shares of General Dynamics Corporation NYSE: GD. In a filing disclosed on June 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in General Dynamics stock on May 2nd. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 6/18/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 6/13/2025.
• Purchased $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 5/15/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
• Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.

General Dynamics Trading Down 0.9%

Shares of GD opened at $314.23 on Friday. The firm has a market capitalization of $84.34 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 2.11 and a beta of 0.46. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.36 and a quick ratio of 0.82. General Dynamics Corporation has a 1-year low of $239.20 and a 1-year high of $322.50. The company has a 50-day moving average of $287.00 and a 200 day moving average of $271.78.

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

General Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd will be paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Thursday, July 3rd. General Dynamics's dividend payout ratio is currently 41.61%.

Analyst Ratings Changes

A number of brokerages recently weighed in on GD. UBS Group raised their price objective on General Dynamics from $309.00 to $333.00 and gave the company a "neutral" rating in a research report on Thursday. JPMorgan Chase & Co. raised their price target on shares of General Dynamics from $284.00 to $345.00 and gave the company an "overweight" rating in a report on Thursday. Wells Fargo & Company reduced their price objective on shares of General Dynamics from $261.00 to $236.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. TD Securities increased their target price on shares of General Dynamics from $275.00 to $290.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Finally, Argus set a $295.00 price target on shares of General Dynamics in a report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, General Dynamics has a consensus rating of "Hold" and an average price target of $312.17.

Institutional Investors Weigh In On General Dynamics

Large investors have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC lifted its holdings in General Dynamics by 3.4% during the 2nd quarter. Apollon Wealth Management LLC now owns 20,914 shares of the aerospace company's stock worth $6,100,000 after buying an additional 690 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of General Dynamics by 20.6% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 10,522 shares of the aerospace company's stock worth $3,069,000 after acquiring an additional 1,798 shares in the last quarter. U S Global Investors Inc. lifted its stake in General Dynamics by 3.4% during the second quarter. U S Global Investors Inc. now owns 59,749 shares of the aerospace company's stock worth $17,426,000 after purchasing an additional 1,969 shares during the last quarter. Aberdeen Group plc grew its position in shares of General Dynamics by 20.6% in the 2nd quarter. Aberdeen Group plc now owns 36,729 shares of the aerospace company's stock valued at $10,712,000 after buying an additional 6,276 shares during the last quarter. Finally, Forefront Analytics LLC acquired a new stake in General Dynamics during the 2nd quarter worth $1,327,000. 86.14% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Phebe N. Novakovic sold 7,639 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $280.44, for a total transaction of $2,142,281.16. Following the completion of the sale, the chief executive officer owned 769,607 shares in the company, valued at $215,828,587.08. This represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is currently owned by company insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

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.

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