UBS Raises General Dynamics (GD) Price Target to $381 on Strong Marine and Aerospace Outlook

Core Insights - General Dynamics Corporation (NYSE:GD) is recognized as one of the Best Dividend Stocks for retirement portfolios [1] - UBS has raised the price target for General Dynamics from $369 to $381, maintaining a Neutral rating, citing strong performance in Marine and Aerospace divisions as key growth drivers [2][3] Financial Performance - The company has shown solid growth prospects in its Marine and Aerospace segments, which are the main contributors to its positive outlook [3] - Despite year-over-year expansion, General Dynamics has lowered its 2025 outlook for the second consecutive quarter, indicating slightly weaker margins than previously expected, excluding G650 operations [5] Dividend Information - General Dynamics has achieved 28 consecutive years of dividend growth, making it a reliable choice for income-focused investors [5] - As of October 27, the stock has a dividend yield of 1.70% [5] Growth Catalysts - Margin expansion is identified as a potential growth catalyst, although challenges in the supply chain may hinder this progress [4] - Gulfstream margins are noted to have the greatest potential for improvement, with opportunities to return to historical averages [4]