General Dynamics (NYSE:GD) Research Coverage Started at Wells Fargo & Company

04 Apr 2026, 06:50 by Kim Johansen · The Markets Daily

Wells Fargo & Company initiated coverage on shares of General Dynamics (NYSE:GD – Free Report) in a report issued on Wednesday morning, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $400.00 target price on the aerospace company’s stock.

Several other analysts have also weighed in on GD. Citigroup lifted their price objective on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Sanford C. Bernstein restated a “market perform” rating and issued a $398.00 target price on shares of General Dynamics in a research note on Monday, January 12th. Bank of America reiterated a “buy” rating and set a $400.00 price target on shares of General Dynamics in a research note on Friday, January 30th. UBS Group set a $393.00 price target on shares of General Dynamics in a report on Thursday, January 29th. Finally, Susquehanna restated a “positive” rating and issued a $420.00 price objective on shares of General Dynamics in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $384.42.

Read Our Latest Analysis on General Dynamics

General Dynamics Stock Performance

NYSE:GD opened at $349.33 on Wednesday. The firm’s 50-day moving average is $352.90 and its 200-day moving average is $346.17. The company has a market cap of $94.62 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 2.08 and a beta of 0.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics has a 52-week low of $239.20 and a 52-week high of $369.70.

General Dynamics (NYSE:GD – Get Free Report) last released its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The business had revenue of $14.38 billion during the quarter, compared to analysts’ expectations of $13.77 billion. During the same quarter last year, the company earned $4.15 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities research analysts anticipate that General Dynamics will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be paid a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio is presently 38.83%.

Insiders Place Their Bets

In other news, EVP Mark Lagrand Burns sold 10,153 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the transaction, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,834,176.25. The trade was a 20.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Phebe N. Novakovic sold 32,918 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares of the company’s stock, valued at $271,394,759.13. This represents a 4.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 51,260 shares of company stock valued at $18,133,971 over the last quarter. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GD. Joule Financial LLC raised its stake in shares of General Dynamics by 4.3% in the fourth quarter. Joule Financial LLC now owns 705 shares of the aerospace company’s stock worth $237,000 after acquiring an additional 29 shares during the last quarter. Brown Miller Wealth Management LLC grew its stake in shares of General Dynamics by 0.3% during the fourth quarter. Brown Miller Wealth Management LLC now owns 8,889 shares of the aerospace company’s stock valued at $2,993,000 after purchasing an additional 29 shares during the last quarter. Crowley Wealth Management Inc. increased its holdings in shares of General Dynamics by 1.4% in the third quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after purchasing an additional 30 shares in the last quarter. First Financial Bankshares Inc raised its position in General Dynamics by 2.6% in the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock worth $408,000 after purchasing an additional 30 shares during the last quarter. Finally, Steph & Co. raised its position in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

General Dynamics Company Profile

(Get Free Report)

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.