Regent Peak Wealth Advisors LLC holds a $2.52 million position in General Dynamics Co. (NYSE:GD)

Financial Advisors

Regent Peak Wealth Advisors LLC increased its stake in General Dynamics (NYSE: GD – Get Rating) by 5.7% in the fourth quarter, according to the company’s latest 13F filings with the U.S. Securities and Exchange Commission. The company owned 10,149 shares in the aerospace company after acquiring an additional 543 shares during this period. General Dynamics represents approximately 0.8% of Regent Peak Wealth Advisors LLC’s investment portfolio, making it its 28th largest holding. Regent Peak Wealth Advisors LLC’s holdings in General Dynamics were valued at $2,517,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares in GD. GoalVest Advisory LLC acquired additional shares of General Dynamics worth approximately $25,000 in the fourth quarter. MADDEN SECURITIES Corp acquired new General Dynamics shares worth approximately $25,000 in the fourth quarter. Certified Advisory Corp acquired new General Dynamics stock valued at approximately $25,000 in the first quarter. VitalStone Financial LLC acquired additional shares of General Dynamics worth approximately $26,000 in the fourth quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in General Dynamics in the fourth quarter, valued at approximately $32,000. Currently 84.83% of the shares are owned by institutional investors and hedge funds.

Analyst Rating Change

Many equity analysts publish reports on GD stocks. Morgan Stanley raised its price target for General Dynamics from his $243.00 to his $248.00 in a research note on Thursday, Jan. 26. Susquehanna lowered General Dynamics’ price target from his $285.00 to $263.00 in a research note on Thursday, Jan. 26. lowered its rating on General Dynamics to “buy” from “strong buy” in its research notes on Monday, March 13. Wells Fargo & Company lowered its price target for General Dynamics from $265.00 to $251.00 in a research note on Thursday, April 27. Finally, JPMorgan Chase & Co. lowered its price target on General Dynamics from $260.00 to $245.00 in its research notes on Friday, January 27, giving the company an “overweight” rating. One equity research analyst rated the stock with a hold rating and eight issued buy ratings on the company’s stock. Based on data, the company’s current average rating is “moderate buy” with an average target price of $261.69.

insider trading

In other news from General Dynamics, Director Mark Malcolm purchased 4,700 shares in a transaction on Tuesday, May 2nd. The shares were acquired at an average price of $214.47 per share for an aggregate amount of $1,008,009.00. Post-acquisition, the directors now directly own 4,700 shares of the company’s stock valued at approximately $1,008,009. The transaction was disclosed in documents filed with the SEC and available at this link. His 1.52% of shares are now owned by insiders.

General dynamics stock performance

NYSE:GD shares climbed $1.83 in intraday trading on Friday to reach $210.68. The company’s average trading volume was 1,233,405 shares for him, while the company’s trading volume was 187,133 shares. The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt to equity ratio of 0.48. The company has a market capitalization of $57.8 billion, a price/earnings ratio of 17.08, a PEG ratio of 1.85 and a beta of 0.84. The company has a 50-day moving average price of $224.39 and a 200-day moving average price of $236.42. General Dynamics Co. has a one-year low of $205.40 and a one-year high of $256.86.

General Dynamics (NYSE:GD – Get Rating) last reported quarterly results on Wednesday, April 26th. The aerospace company reported his EPS of $2.64 for the quarter, beating analyst consensus expectations of $2.56 by $0.08. The company posted $9.88 billion in revenue for the quarter, compared to analyst expectations of $9.3 billion. General Dynamics had a net profit margin of 8.50% and a return on equity of 18.66%. General Dynamics revenue increased 5.2% year-on-year. In the same quarter last year, the company posted his EPS of $2.61. As a group, equity research analysts expect General Dynamics to report 12.7 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business recently announced a quarterly dividend payable on Friday, May 12th. Dividends of $1.32 will be issued to investors of record on Friday, April 14th. This represents his $5.28 dividend and his 2.51% dividend yield on an annual basis. The ex-dividend date for this dividend is April 13 (Thursday). This is up from General Dynamics’ previous quarterly dividend of $1.26. General Dynamics payout percentage is 43.17%.

General dynamics profile

(get rating)

General Dynamics Corp. is a global aerospace and defense company that designs, engineers and manufactures cutting-edge solutions. It operates through its Aerospace, Marine Systems, Combat Systems, and Technology business segments. The Aerospace segment designs, manufactures and sells business jets.

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Institutional Ownership by Quarter in Common Dynamics (NYSE:GD)

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