Representative Tim Moore (R-North Carolina) recently sold shares of General Dynamics Co. NYSE: GD. In a filing disclosed on March 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Dynamics stock on February 20th.
Representative Tim Moore also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Rockwell Automation NYSE: ROK on 2/21/2025.
- Purchased $15,001 - $50,000 in shares of Ford Motor NYSE: F on 2/13/2025.
- Purchased $50,001 - $100,000 in shares of Harley-Davidson NYSE: HOG on 2/12/2025.
- Sold $50,001 - $100,000 in shares of Harley-Davidson NYSE: HOG on 2/12/2025.
- Sold $100,001 - $250,000 in shares of Harley-Davidson NYSE: HOG on 2/10/2025.
- Purchased $15,001 - $50,000 in shares of Ford Motor NYSE: F on 2/10/2025.
- Purchased $50,001 - $100,000 in shares of Ford Motor NYSE: F on 2/7/2025.
- Purchased $15,001 - $50,000 in shares of Ford Motor NYSE: F on 2/6/2025.
- Purchased $100,001 - $250,000 in shares of Harley-Davidson NYSE: HOG on 2/6/2025.
- Sold $50,001 - $100,000 in shares of Ford Motor NYSE: F on 2/5/2025.
General Dynamics Stock Performance
NYSE:GD traded up $0.86 during trading hours on Thursday, reaching $260.87. 1,044,469 shares of the company's stock were exchanged, compared to its average volume of 1,234,433. The company has a quick ratio of 0.82, a current ratio of 1.37 and a debt-to-equity ratio of 0.33. General Dynamics Co. has a 1-year low of $239.87 and a 1-year high of $316.90. The company has a 50-day moving average of $257.92 and a 200 day moving average of $279.30. The firm has a market capitalization of $70.53 billion, a price-to-earnings ratio of 19.13, a P/E/G ratio of 1.69 and a beta of 0.59.
General Dynamics (NYSE:GD - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The aerospace company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.14). General Dynamics had a net margin of 7.93% and a return on equity of 17.10%. Research analysts anticipate that General Dynamics Co. will post 14.83 EPS for the current year.
General Dynamics Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 11th will be issued a $1.50 dividend. This is an increase from General Dynamics's previous quarterly dividend of $1.42. This represents a $6.00 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, April 11th. General Dynamics's payout ratio is presently 43.99%.
General Dynamics announced that its board has approved a stock repurchase plan on Wednesday, December 4th that allows the company to repurchase 10,000,000 shares. This repurchase authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.
Insider Activity at General Dynamics
In other General Dynamics news, SVP Marguerite Amy Gilliland sold 27,562 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $272.11, for a total transaction of $7,499,895.82. Following the completion of the sale, the senior vice president now owns 45,192 shares in the company, valued at $12,297,195.12. This trade represents a 37.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Laura J. Schumacher sold 1,796 shares of the company's stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $255.68, for a total value of $459,201.28. Following the completion of the transaction, the director now directly owns 11,175 shares in the company, valued at approximately $2,857,224. The trade was a 13.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.52% of the company's stock.
Analyst Upgrades and Downgrades
GD has been the topic of several research analyst reports. Wells Fargo & Company boosted their target price on shares of General Dynamics from $244.00 to $261.00 and gave the stock an "equal weight" rating in a research report on Friday, March 7th. Barclays decreased their price objective on shares of General Dynamics from $305.00 to $285.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. The Goldman Sachs Group dropped their target price on shares of General Dynamics from $245.00 to $241.00 and set a "sell" rating for the company in a report on Tuesday, January 28th. William Blair lowered General Dynamics from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Citigroup dropped their price objective on General Dynamics from $360.00 to $335.00 and set a "buy" rating for the company in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $297.71.
Check Out Our Latest Analysis on General Dynamics
Hedge Funds Weigh In On General Dynamics
A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of General Dynamics by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 23,780,078 shares of the aerospace company's stock worth $6,265,813,000 after buying an additional 706,317 shares during the period. Wellington Management Group LLP raised its holdings in General Dynamics by 0.8% in the third quarter. Wellington Management Group LLP now owns 14,205,330 shares of the aerospace company's stock valued at $4,292,851,000 after buying an additional 109,618 shares during the period. State Street Corp lifted its position in General Dynamics by 9.4% during the third quarter. State Street Corp now owns 10,945,110 shares of the aerospace company's stock valued at $3,307,612,000 after buying an additional 943,247 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of General Dynamics by 2.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 7,829,662 shares of the aerospace company's stock worth $2,366,124,000 after acquiring an additional 189,904 shares in the last quarter. Finally, Capital Research Global Investors raised its stake in shares of General Dynamics by 7.4% in the 4th quarter. Capital Research Global Investors now owns 6,734,148 shares of the aerospace company's stock valued at $1,774,381,000 after acquiring an additional 463,497 shares during the period. Hedge funds and other institutional investors own 86.14% of the company's stock.
About Representative Moore
Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024.
Moore served as speaker of the House from 2015 to 2025.
Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.
About General Dynamics
(
Get Free Report)
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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