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 manufactures 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 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 150 | Existing positions closed: 95
50% more call options, than puts
Call options by funds: $690M | Put options by funds: $458M
2% more funds holding
Funds holding: 1,740 [Q2] → 1,769 (+29) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 685 | Existing positions reduced: 638
5% more capital invested
Capital invested by funds: $71.1B [Q2] → $74.5B (+$3.35B) [Q3]
0.85% more ownership
Funds ownership: 89.36% [Q2] → 90.21% (+0.85%) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 21 [Q2] → 15 (-6) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Citigroup Jason Gursky 56% 1-year accuracy 20 / 36 met price target | 35%upside $360 | Buy Maintained | 21 Jan 2025 |
Baird Peter Arment 68% 1-year accuracy 19 / 28 met price target | 6%upside $283 | Neutral Downgraded | 14 Jan 2025 |
Wells Fargo Matthew Akers 54% 1-year accuracy 29 / 54 met price target | 5%upside $279 | Equal-Weight Maintained | 8 Jan 2025 |
Susquehanna Charles Minervino 45% 1-year accuracy 30 / 67 met price target | 18%upside $315 | Positive Maintained | 8 Jan 2025 |
Barclays David Strauss 61% 1-year accuracy 17 / 28 met price target | 14%upside $305 | Overweight Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 11 articles about GD published over the past 30 days
