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Director Rudy F. De Leon of General Dynamics (NYSE:GD), the $84.42 billion aerospace and defense giant, sold 5,490 shares of common stock on July 28, 2025, for a total of $1,717,311. The shares were sold at prices ranging from $312.633 to $312.93, near the company’s 52-week high of $322.50. According to InvestingPro analysis, the stock is currently showing strong momentum with a "GOOD" financial health rating.
On the same day, De Leon also exercised stock options to acquire 5,490 shares of General Dynamics common stock. These transactions involved two separate option exercises, both at $0. The first option exercise was for 3,220 shares at an exercise price of $135.85, while the second was for 2,270 shares at an exercise price of $191.71, for a total value of $872,618. Trading at a P/E ratio of 20.86, InvestingPro data suggests the stock is currently in overbought territory. For comprehensive analysis and 13 additional ProTips about General Dynamics, explore the full Pro Research Report.
In other recent news, General Dynamics has reported its second-quarter earnings, revealing diluted earnings per share of $3.74, which surpassed analyst expectations of $3.55. The company also posted revenues of $13 billion, exceeding the consensus estimate of $12.39 billion, marking a 9% increase compared to the same period last year. In addition, General Dynamics has secured a $98 million contract modification from the U.S. Department of Defense, extending its work with the U.S. Air Forces Central Command until September 2026. This modification raises the total contract value to $814 million.
Analyst firms have responded to these developments with several price target adjustments. RBC Capital raised its price target for General Dynamics to $330, maintaining a Sector Perform rating. Bernstein SocGen Group increased its price target to $335 while holding a Market Perform rating. Citi also raised its price target to $368, maintaining a Buy rating, following the company’s strong quarterly performance and updated guidance.
Furthermore, Wolfe Research upgraded General Dynamics to Outperform, setting a price target of $360. This upgrade reflects confidence in the company’s growth prospects, particularly in its Gulfstream business jet unit. These recent developments highlight General Dynamics’ positive financial performance and the resulting analyst confidence in its future growth trajectory.
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