General Dynamics (GD)

• Market cap: $70.3B
• 1 day: -1.58%
• 5 days: -0.59%
• 1 month: 3.43%
• 3 months: -1.17%
• 6 months: -13.54%
• Year to date: -0.40%
• 1 year: -5.35%
• 5 years: 96.60%
• 10 years: 94.48%
• Sector: Industrials
• Industry: Ship & Boat Building & Repairing

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: 117,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 209 | Existing positions closed: 159

24% more call options, than puts

Call options by funds: $607M | Put options by funds: $488M

1% more funds holding

Funds holding: 1,776 [Q3] → 1,785 (+9) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 634 | Existing positions reduced: 675

5.0% less ownership

Funds ownership: 90.13% [Q3] → 85.13% (-5.0%) [Q4]

7% less funds holding in top 10

Funds holding in top 10: 15 [Q3] → 14 (-1) [Q4]

16% less capital invested

Capital invested by funds: $74.4B [Q3] → $62.6B (-$11.8B) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $245 6% downside
• Avg. target: $287 10% upside
• High target: $335 29% upside

10 analyst ratings

• positive: 4 40%
• neutral: 5 50%
• negative: 1 10%

Wells Fargo Matthew Akers 55% 1-year accuracy 36 / 66 met price target	0% upside $261	Equal-Weight Maintained	7 Mar 2025
Citigroup Jason Gursky 34% 1-year accuracy 14 / 41 met price target	29% upside $335	Buy Maintained	10 Feb 2025
Barclays David Strauss 43% 1-year accuracy 12 / 28 met price target	10% upside $285	Overweight Maintained	4 Feb 2025
RBC Capital Ken Herbert 45% 1-year accuracy 30 / 67 met price target	8% upside $280	Sector Perform Maintained	30 Jan 2025
JP Morgan Seth Seifman 40% 1-year accuracy 14 / 35 met price target	9% upside $284	Overweight Maintained	30 Jan 2025