General Dynamics Co. (NYSE:GD – Free Report) – 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 – Get Free Report) 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.
Read Our Latest Research Report on GD
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.
Further Reading
- Five stocks we like better than General Dynamics
- Most active stocks: Dollar volume vs share volume
- What Intuitive Machines’ Big NASA Contract Means for Investors
- Where to Find Earnings Call Transcripts
- REITs on the Rise After Rate Cuts: Where to Invest Now
- What Does Downgrade Mean in Investing?
- Is Viking Therapeutics Ready For Another Surge?
Receive News & Ratings for General Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.