General Dynamics Corporation $GD Shares Sold by Franklin Resources Inc.

Posted by Brian Himes on Jun 9th, 2026

Franklin Resources Inc. trimmed its stake in shares of General Dynamics Corporation (NYSE:GD – Free Report) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,625,210 shares of the aerospace company’s stock after selling 145,504 shares during the quarter. Franklin Resources Inc.’s holdings in General Dynamics were worth $547,143,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Dunhill Financial LLC lifted its position in shares of General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 62 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in General Dynamics during the third quarter valued at approximately $25,000. Dagco Inc. bought a new position in General Dynamics during the 4th quarter worth approximately $25,000. Burkett Financial Services LLC grew its position in shares of General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 65 shares in the last quarter. Finally, Steph & Co. increased its holdings in shares of General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

General Dynamics Trading Down 1.6%

Shares of NYSE:GD opened at $340.85 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $339.81 and its 200 day moving average price is $346.33. The company has a market cap of $92.18 billion, a PE ratio of 21.45, a P/E/G ratio of 2.15 and a beta of 0.34. General Dynamics Corporation has a fifty-two week low of $268.10 and a fifty-two week high of $369.70.

General Dynamics (NYSE:GD – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, beating the consensus estimate of $3.67 by $0.43. The company had revenue of $13.48 billion for the quarter, compared to analyst estimates of $12.70 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. General Dynamics’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business earned $3.66 earnings per share. Sell-side analysts anticipate that General Dynamics Corporation will post 16.62 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 2nd will be given a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s payout ratio is 40.03%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GD. UBS Group reduced their price objective on General Dynamics from $385.00 to $371.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on shares of General Dynamics from $385.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Jefferies Financial Group reduced their price target on shares of General Dynamics from $385.00 to $380.00 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. Citigroup decreased their price target on shares of General Dynamics from $380.00 to $364.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Finally, Morgan Stanley increased their price objective on shares of General Dynamics from $410.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and a consensus price target of $387.40.

Read Our Latest Stock Analysis on General Dynamics

Insider Transactions at General Dynamics

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value of $1,350,016.50. Following the completion of the transaction, the executive vice president owned 44,767 shares in the company, valued at $15,825,134.50. This represents a 7.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the transaction, the executive vice president directly owned 38,975 shares in the company, valued at approximately $13,457,677.75. The trade was a 48.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 119,600 shares of company stock valued at $41,650,580. 1.40% of the stock is currently owned by corporate insiders.

General Dynamics Profile

(Free Report)

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.