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 Down 1.5 %
General Dynamics stock opened at $260.21 on Thursday. The company’s 50-day moving average is $257.92 and its 200-day moving average is $279.30. The firm has a market capitalization of $70.35 billion, a PE ratio of 19.08, a P/E/G ratio of 1.69 and a beta of 0.59. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.37 and a quick ratio of 0.82. General Dynamics Co. has a fifty-two week low of $239.87 and a fifty-two week high of $316.90.
General Dynamics Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 11th will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.42. General Dynamics’s payout ratio is currently 43.99%.
General Dynamics declared that its board has authorized a stock repurchase plan on Wednesday, December 4th that permits the company to repurchase 10,000,000 shares. This repurchase authorization permits the aerospace company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.
Analyst Ratings Changes
A number of equities analysts have issued reports on GD shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 target price (down previously from $345.00) on shares of General Dynamics in a report on Thursday, December 12th. William Blair downgraded General Dynamics from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Citigroup reduced their target price on General Dynamics from $360.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, February 10th. The Goldman Sachs Group decreased their target price on shares of General Dynamics from $245.00 to $241.00 and set a “sell” rating for the company in a research report on Tuesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of General Dynamics from $303.00 to $295.00 and set a “hold” rating on the stock in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, General Dynamics has a consensus rating of “Hold” and an average target price of $297.71.
Check Out Our Latest Stock Analysis on General Dynamics
Hedge Funds Weigh In On General Dynamics
A number of hedge funds have recently bought and sold shares of GD. Jeppson Wealth Management LLC lifted its position in shares of General Dynamics by 3.8% during the third quarter. Jeppson Wealth Management LLC now owns 955 shares of the aerospace company’s stock valued at $289,000 after purchasing an additional 35 shares in the last quarter. Community Bank N.A. lifted its position in shares of General Dynamics by 0.6% during the 3rd quarter. Community Bank N.A. now owns 5,461 shares of the aerospace company’s stock worth $1,650,000 after buying an additional 35 shares in the last quarter. Freedom Investment Management Inc. boosted its stake in shares of General Dynamics by 0.9% in the 3rd quarter. Freedom Investment Management Inc. now owns 4,344 shares of the aerospace company’s stock worth $1,313,000 after buying an additional 37 shares during the last quarter. Purus Wealth Management LLC grew its holdings in shares of General Dynamics by 1.5% in the fourth quarter. Purus Wealth Management LLC now owns 2,660 shares of the aerospace company’s stock valued at $701,000 after acquiring an additional 39 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in shares of General Dynamics by 4.0% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,051 shares of the aerospace company’s stock valued at $277,000 after acquiring an additional 40 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at General Dynamics
In related news, SVP Marguerite Amy Gilliland sold 27,562 shares of the company’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 value of $7,499,895.82. Following the transaction, the senior vice president now owns 45,192 shares in the company, valued at approximately $12,297,195.12. This represents a 37.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laura J. Schumacher sold 1,796 shares of the business’s stock in a transaction 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 sale, the director now 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. 1.52% of the stock is currently owned by company insiders.
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.
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.
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