William Blair Boosts Earnings Estimates for General Dynamics

Key Points

• William Blair raised Q3 2025 earnings per share estimates for General Dynamics to $3.68 from $3.62, with full-year earnings projected at $14.83 per share.
• General Dynamics reported a Q2 earnings of $3.74 per share, exceeding analyst expectations, and delivered revenues of $13.04 billion, up 8.9% year-over-year.
• Analysts' ratings for General Dynamics are mixed, with one sell rating, twelve holds, and nine buy ratings, alongside an average price target of $312.17.

General Dynamics Corporation (NYSE:GD - Free Report) - William Blair lifted their Q3 2025 earnings per share estimates for shares of General Dynamics in a research report issued on Wednesday, July 23rd. William Blair analyst L. Dipalma now forecasts that the aerospace company will earn $3.68 per share for the quarter, up from their prior estimate of $3.62. The consensus estimate for General Dynamics' current full-year earnings is $14.83 per share. William Blair also issued estimates for General Dynamics' Q4 2025 earnings at $4.01 EPS and FY2026 earnings at $16.56 EPS.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The aerospace company reported $3.74 earnings per share for the quarter, beating analysts' consensus estimates of $3.47 by $0.27. General Dynamics had a return on equity of 17.99% and a net margin of 8.13%. The firm had revenue of $13.04 billion during the quarter, compared to analysts' expectations of $12.13 billion. During the same period last year, the firm posted $3.26 EPS. The business's revenue was up 8.9% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on GD. Deutsche Bank Aktiengesellschaft raised General Dynamics from a "hold" rating to a "buy" rating and raised their price target for the company from $298.00 to $342.00 in a report on Tuesday, July 8th. Cowen reiterated a "buy" rating on shares of General Dynamics in a research report on Wednesday, June 25th. Robert W. Baird increased their price objective on General Dynamics from $283.00 to $350.00 and gave the company a "neutral" rating in a research report on Thursday. Wells Fargo & Company decreased their price objective on General Dynamics from $261.00 to $236.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Finally, UBS Group increased 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. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, General Dynamics presently has a consensus rating of "Hold" and an average price target of $312.17.

General Dynamics Trading Down 0.1%

GD stock opened at $313.92 on Monday. The business has a fifty day moving average price of $287.67 and a 200 day moving average price of $272.31. General Dynamics has a fifty-two week low of $239.20 and a fifty-two week high of $322.50. The stock has a market capitalization of $84.44 billion, a price-to-earnings ratio of 21.07, a P/E/G ratio of 1.98 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 0.83.

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd will be given a $1.50 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.91%. General Dynamics's dividend payout ratio is currently 40.27%.

Insider Activity

In other news, CEO Phebe N. Novakovic sold 178,821 shares of the firm's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $283.13, for a total value of $50,629,589.73. Following the transaction, the chief executive officer directly owned 769,607 shares in the company, valued at $217,898,829.91. This trade represents a 18.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Research Global Investors lifted its holdings in General Dynamics by 7.4% during the fourth quarter. Capital Research Global Investors now owns 6,734,148 shares of the aerospace company's stock worth $1,774,381,000 after acquiring an additional 463,497 shares in the last quarter. Geode Capital Management LLC lifted its holdings in General Dynamics by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 5,688,672 shares of the aerospace company's stock worth $1,496,939,000 after acquiring an additional 131,268 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in General Dynamics by 4.9% during the first quarter. JPMorgan Chase & Co. now owns 5,502,305 shares of the aerospace company's stock worth $1,499,819,000 after acquiring an additional 256,687 shares in the last quarter. Sanders Capital LLC lifted its holdings in General Dynamics by 0.8% during the fourth quarter. Sanders Capital LLC now owns 4,212,422 shares of the aerospace company's stock worth $1,109,931,000 after acquiring an additional 33,962 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in General Dynamics by 5.2% during the fourth quarter. Royal Bank of Canada now owns 2,935,046 shares of the aerospace company's stock worth $773,355,000 after acquiring an additional 145,978 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

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.

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