Seaport Res Ptn Issues Optimistic Outlook for GD Earnings

General Dynamics Corporation (NYSE:GD - Free Report) - Seaport Res Ptn raised their Q2 2025 earnings per share estimates for General Dynamics in a note issued to investors on Wednesday, July 16th. Seaport Res Ptn analyst R. Safran now anticipates that the aerospace company will post earnings per share of $3.60 for the quarter, up from their prior estimate of $3.44. The consensus estimate for General Dynamics' current full-year earnings is $14.83 per share. Seaport Res Ptn also issued estimates for General Dynamics' FY2025 earnings at $15.10 EPS.

General Dynamics (NYSE:GD - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share for the quarter, topping analysts' consensus estimates of $3.43 by $0.23. General Dynamics had a net margin of 8.08% and a return on equity of 17.82%. The firm had revenue of $12.22 billion for the quarter, compared to the consensus estimate of $11.92 billion. During the same period in the previous year, the firm posted $2.88 EPS. The business's quarterly revenue was up 13.9% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the stock. 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. Wells Fargo & Company decreased their price target on shares of General Dynamics from $261.00 to $236.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Jefferies Financial Group set a $325.00 target price on shares of General Dynamics and gave the stock a "hold" rating in a report on Wednesday, July 9th. Sanford C. Bernstein set a $314.00 price objective on shares of General Dynamics and gave the company a "market perform" rating in a report on Monday. Finally, Morgan Stanley dropped their target price on shares of General Dynamics from $305.00 to $300.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, General Dynamics presently has an average rating of "Hold" and a consensus price target of $294.53.

General Dynamics Stock Performance

Shares of NYSE:GD opened at $300.61 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $80.68 billion, a price-to-earnings ratio of 20.85, a PEG ratio of 2.00 and a beta of 0.46. The firm's 50-day moving average is $283.92 and its 200 day moving average is $270.29. General Dynamics has a 12 month low of $239.20 and a 12 month high of $316.90.

General Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Thursday, July 3rd will be given a dividend of $1.50 per share. The ex-dividend date is Thursday, July 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 2.00%. General Dynamics's dividend payout ratio (DPR) is 41.61%.

Insiders Place Their Bets

In other General Dynamics news, CEO Phebe N. Novakovic sold 178,821 shares of General Dynamics stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $283.13, for a total transaction of $50,629,589.73. Following the transaction, the chief executive officer directly owned 769,607 shares of the company's stock, valued at $217,898,829.91. The trade was a 18.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of General Dynamics

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Rialto Wealth Management LLC boosted its holdings in shares of General Dynamics by 213.8% during the first quarter. Rialto Wealth Management LLC now owns 91 shares of the aerospace company's stock valued at $25,000 after acquiring an additional 62 shares during the period. Inlight Wealth Management LLC acquired a new stake in General Dynamics in the first quarter worth about $26,000. Smallwood Wealth Investment Management LLC acquired a new stake in General Dynamics in the first quarter worth about $27,000. Copia Wealth Management acquired a new stake in General Dynamics in the fourth quarter worth about $27,000. Finally, Hoey Investments Inc. acquired a new stake in General Dynamics in the fourth quarter worth about $28,000. Institutional investors own 86.14% of the company's stock.

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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