Fintel reports that on April 16, 2025, Morgan Stanley downgraded their outlook for General Dynamics (BIT:1GD) from Overweight to Equal-Weight.
Analyst Price Forecast Suggests 4.63% Upside
As of April 4, 2025, the average one-year price target for General Dynamics is €258.66/share. The forecasts range from a low of €204.14 to a high of €316.96. The average price target represents an increase of 4.63% from its latest reported closing price of €247.20 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for General Dynamics is 48,400MM, an increase of 1.43%. The projected annual non-GAAP EPS is 16.84.
What is the Fund Sentiment?
There are 2,718 funds or institutions reporting positions in General Dynamics. This is an increase of 24 owner(s) or 0.89% in the last quarter. Average portfolio weight of all funds dedicated to 1GD is 0.37%, an increase of 11.54%. Total shares owned by institutions decreased in the last three months by 1.49% to 273,759K shares.
What are Other Shareholders Doing?
Longview Asset Management holds 28,098K shares representing 10.47% ownership of the company. No change in the last quarter.
Newport Trust holds 14,976K shares representing 5.58% ownership of the company. In its prior filing, the firm reported owning 15,244K shares , representing a decrease of 1.78%. The firm decreased its portfolio allocation in 1GD by 14.39% over the last quarter.
Wellington Management Group Llp holds 8,306K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 14,205K shares , representing a decrease of 71.02%. The firm decreased its portfolio allocation in 1GD by 46.69% over the last quarter.
Bank Of America holds 7,384K shares representing 2.75% ownership of the company. In its prior filing, the firm reported owning 7,772K shares , representing a decrease of 5.25%. The firm decreased its portfolio allocation in 1GD by 16.29% over the last quarter.
Massachusetts Financial Services holds 7,367K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 7,830K shares , representing a decrease of 6.28%. The firm decreased its portfolio allocation in 1GD by 13.32% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
