Oliver Luxxe Assets LLC Acquires New Position in General Dynamics Corporation $GD

Oliver Luxxe Assets LLC acquired a new stake in General Dynamics Corporation (NYSE:GD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 10,417 shares of the aerospace company’s stock, valued at approximately $3,552,000.

Other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. boosted its position in General Dynamics by 3,306.5% during the third quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock valued at $297,029,000 after purchasing an additional 845,482 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of General Dynamics by 25.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock valued at $1,003,444,000 after buying an additional 691,340 shares in the last quarter. Prudential Financial Inc. increased its holdings in General Dynamics by 142.5% in the second quarter. Prudential Financial Inc. now owns 438,311 shares of the aerospace company’s stock worth $127,838,000 after buying an additional 257,534 shares during the last quarter. AQR Capital Management LLC raised its position in General Dynamics by 43.0% during the second quarter. AQR Capital Management LLC now owns 762,168 shares of the aerospace company’s stock valued at $222,294,000 after acquiring an additional 229,352 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in General Dynamics in the second quarter valued at approximately $66,599,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Key General Dynamics News

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Zacks highlights General Dynamics’ strong history of earnings surprises and says GD has the setup to beat consensus again, supporting upside to near‑term price and sentiment. Why General Dynamics (GD) Could Beat Earnings Estimates Again
• Positive Sentiment: Zacks Research has nudged up multiple near‑term and FY EPS estimates for GD (Q1/Q2/Q3 and FY revisions), which reduces downside risk from analyst expectations and can support multiple expansion if results track the upgrades.
• Positive Sentiment: Sector momentum from proposed large increases in U.S. military spending is lifting defense names, benefiting GD as a diversified prime contractor and supplier to the Pentagon. Aerospace, defense stocks surge after Trump’s proposed $1.5 trillion military spending budget — but are investors too optimistic?
• Positive Sentiment: GDIT (a General Dynamics business) won a ~$131M USAF task order for network upgrades — a concrete backlog win that supports revenue visibility in the services/IT segment. GDIT wins $131m task order for USAF network upgrades
• Neutral Sentiment: Outlets and analysts continue to profile GD as a dividend stock and large, diversified defense/corporate-jet manufacturer — a reminder of the company’s income profile and defensive characteristics for long-term investors. Dividend Stock Analysis – General Dynamics
• Negative Sentiment: Political risk: President Trump signed an order to block dividends and buybacks for defense firms until production improves, and his public comments earlier this week triggered volatility across the sector — a direct policy risk to GD’s capital-return profile. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Ongoing headlines and videos show the sector remains sensitive to political rhetoric (calls to cap buybacks/dividends and limit executive pay), which could cap valuation multiples even if revenue and earnings trends remain strong. Trump Takes on Buybacks, Dividends and Executive Pay at U.S. Defense Contractors

General Dynamics Trading Up 0.6%

General Dynamics stock opened at $353.49 on Friday. General Dynamics Corporation has a 52 week low of $239.20 and a 52 week high of $367.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.87 and a current ratio of 1.40. The firm has a market capitalization of $95.49 billion, a PE ratio of 22.91, a PEG ratio of 1.56 and a beta of 0.41. The business’s 50-day simple moving average is $342.31 and its 200-day simple moving average is $328.03.

General Dynamics (NYSE:GD) last released its earnings results on Friday, October 24th. The aerospace company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.19. The firm had revenue of $12.91 billion for the quarter, compared to analyst estimates of $12.49 billion. General Dynamics had a return on equity of 18.27% and a net margin of 8.18%.The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.35 EPS. General Dynamics has set its FY 2025 guidance at 15.300-15.35 EPS. Equities research analysts forecast that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 16th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, January 16th. General Dynamics’s dividend payout ratio is presently 38.89%.

Analysts Set New Price Targets

Several research analysts have recently commented on GD shares. JPMorgan Chase & Co. increased their price target on shares of General Dynamics from $380.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Wall Street Zen raised shares of General Dynamics from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $400.00 target price on shares of General Dynamics in a report on Wednesday, October 8th. Bank of America upped their price target on General Dynamics from $370.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, Morgan Stanley set a $385.00 price objective on General Dynamics in a research note on Monday, October 27th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, General Dynamics currently has an average rating of “Moderate Buy” and an average target price of $358.50.

Insiders Place Their Bets

In other General Dynamics news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the sale, the vice president directly owned 36,644 shares in the company, valued at $12,272,808.48. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by company insiders.

General Dynamics Profile

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.