General Dynamics (GD) has been trending in the news across a range of topics. Esteemed analysts such as
QGR Capital Management and
Clarius Group LLC have increased holdings while others like
Mather Group LLC and
CWM LLC have decreased their holdings. The company has had mixed quarter results, with
Q1 missing earnings estimates while Q2 saw revenues rise year over year. Major finance firm
Morgan Stanley lifted the company's rating to Overweight, indicating a bullish outlook on the defense company. Despite periodic dips,
hedge funds remain bullish on GD. The company has also been awarded significant contracts, including a
$1.3 billion modification for the production of Virginia-class submarines and a
$922 million modernization contract for CENTCOM. The corporation has had a strong showing in earnings reports, with higher Q2 aircraft deliveries and robust Q2 results overall. GD's dividend aristocrat status has been reaffirmed, with a 7.6% dividend hike approved by the board, and the company plans a quarterly dividend of $1.42. Despite mixed performance, analysts remain bullish on the company's growth and multiple expansion prospects.
General Dynamics GD News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 11 Aug 2024 14:33:12 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -3
