General Dynamics
About: General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
Employees: 111,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
65% more call options, than puts
Call options by funds: $639M | Put options by funds: $387M
31% more funds holding in top 10
Funds holding in top 10: 16 [Q1] → 21 (+5) [Q2]
15% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 117
1% more funds holding
Funds holding: 1,717 [Q1] → 1,735 (+18) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 679 | Existing positions reduced: 618
3% more capital invested
Capital invested by funds: $66.3B [Q1] → $68.5B (+$2.29B) [Q2]
0.45% more ownership
Funds ownership: 85.68% [Q1] → 86.13% (+0.45%) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Susquehanna Charles Minervino 27% 1-year accuracy 15 / 56 met price target | 14%upside $352 | Positive Maintained | 17 Oct 2024 |
Citigroup Jason Gursky 86% 1-year accuracy 18 / 21 met price target | 15%upside $354 | Buy Maintained | 10 Oct 2024 |
Deutsche Bank Scott Deuschle 92% 1-year accuracy 22 / 24 met price target | 2%upside $314 | Hold Maintained | 3 Oct 2024 |
Wells Fargo Matthew Akers 93% 1-year accuracy 25 / 27 met price target | 3%upside $317 | Equal-Weight Downgraded | 1 Oct 2024 |
Morgan Stanley Kristine Liwag 90% 1-year accuracy 18 / 20 met price target | 12%upside $345 | Overweight Upgraded | 9 Aug 2024 |
Financial journalist opinion
Based on 20 articles about GD published over the past 30 days