General Dynamics (GD)

• Market cap: $72.7B
• 1 day: -0.85%
• 5 days: 0.28%
• 1 month: -2.90%
• 3 months: 11.88%
• 6 months: -7.43%
• Year to date: 3.71%
• 1 year: -7.95%
• 5 years: 103.66%
• 10 years: 92.06%
• Sector: Industrials
• Industry: Aerospace & Defense

About: General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies. 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 disclosures by fund managers ($100M+ AUM)

35% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 158

24% more call options, than puts

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

1% more funds holding

Funds holding: 1,778 [Q3] → 1,798 (+20) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 638 | Existing positions reduced: 679

2.92% less ownership

Funds ownership: 88.0% [Q3] → 85.08% (-2.92%) [Q4]

7% less funds holding in top 10

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

14% less capital invested

Capital invested by funds: $72.6B [Q3] → $62.5B (-$10.1B) [Q4]

Research analyst outlook

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

• Low target: $236 13% downside
• Avg. target: $292 8% upside
• High target: $330 22% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

UBS Gavin Parsons 74% 1-year accuracy 20 / 27 met price target	3% upside $279	Neutral Maintained	24 Apr 2025
Morgan Stanley Kristine Liwag 63% 1-year accuracy 12 / 19 met price target	11% upside $300	Equal-Weight Maintained	24 Apr 2025
TD Securities Gautam Khanna 70% 1-year accuracy 7 / 10 met price target	7% upside $290	Buy Maintained	24 Apr 2025
Citigroup Jason Gursky 64% 1-year accuracy 25 / 39 met price target	22% upside $330	Buy Maintained	10 Apr 2025
Wells Fargo Matthew Akers 63% 1-year accuracy 49 / 78 met price target	13% downside $236	Equal-Weight Maintained	8 Apr 2025