Zacks Research Weighs in on General Dynamics Co.’s Q1 2026 Earnings (NYSE:GD)

General Dynamics Co. (NYSE:GD) – Research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of General Dynamics in a report issued on Tuesday, September 24th. Zacks Research analyst R. Department now forecasts that the aerospace company will earn $4.22 per share for the quarter, up from their prior estimate of $4.12. The consensus estimate for General Dynamics’ current full-year earnings is $14.52 per share.

General Dynamics (NYSE:GD) last announced its quarterly earnings results on Wednesday, July 24th. The aerospace company reported $3.26 earnings per share for the quarter, missing analysts’ consensus estimates of $3.30 by ($0.04). The business had revenue of $11.98 billion for the quarter, compared to analysts’ expectations of $11.46 billion. General Dynamics had a return on equity of 16.74% and a net margin of 7.89%. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period last year, the company posted $2.70 earnings per share.

Several other equities research analysts also recently issued reports on GD. Barclays lifted their price target on shares of General Dynamics from $310.00 to $325.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company increased their target price on General Dynamics from $330.00 to $334.00 and gave the company an “overweight” rating in a research note on Thursday, July 25th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of General Dynamics in a research note on Monday, July 29th. Morgan Stanley upgraded shares of General Dynamics from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $293.00 to $345.00 in a research note on Friday, August 9th. Finally, BTIG Research initiated coverage on shares of General Dynamics in a research report on Wednesday, June 26th. They set a “buy” rating and a $345.00 price target on the stock. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $318.41.

General Dynamics Stock Performance

General Dynamics stock opened at $300.49 on Friday. The stock’s 50 day moving average price is $295.84 and its 200 day moving average price is $291.82. General Dynamics has a one year low of $214.53 and a one year high of $309.97. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.80 and a current ratio of 1.33. The firm has a market capitalization of $82.57 billion, a PE ratio of 24.51, a price-to-earnings-growth ratio of 1.68 and a beta of 0.61.

Hedge Funds Weigh In On General Dynamics

A number of hedge funds have recently modified their holdings of GD. 1832 Asset Management L.P. raised its stake in General Dynamics by 3,645.4% during the 4th quarter. 1832 Asset Management L.P. now owns 558,586 shares of the aerospace company’s stock valued at $145,048,000 after purchasing an additional 543,672 shares during the period. Public Employees Retirement Association of Colorado lifted its stake in General Dynamics by 879.9% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 340,359 shares of the aerospace company’s stock worth $96,148,000 after acquiring an additional 305,624 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in General Dynamics by 4.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 7,639,758 shares of the aerospace company’s stock worth $2,216,599,000 after acquiring an additional 293,316 shares during the period. Hsbc Holdings PLC grew its stake in General Dynamics by 24.2% during the 2nd quarter. Hsbc Holdings PLC now owns 1,347,247 shares of the aerospace company’s stock valued at $391,119,000 after acquiring an additional 262,164 shares in the last quarter. Finally, Westwood Holdings Group Inc. increased its holdings in shares of General Dynamics by 174.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 384,151 shares of the aerospace company’s stock valued at $111,458,000 after purchasing an additional 244,373 shares during the period. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Peter A. Wall sold 1,320 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $308.05, for a total transaction of $406,626.00. Following the completion of the transaction, the director now owns 3,592 shares in the company, valued at approximately $1,106,515.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.52% of the stock is owned by company insiders.

General Dynamics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 11th will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Friday, October 11th. General Dynamics’s payout ratio is currently 46.33%.

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.