General Dynamics Corporation $GD Shares Purchased by Erste Asset Management GmbH

Posted by Stanley Muller on Jun 10th, 2026

Erste Asset Management GmbH increased its holdings in shares of General Dynamics Corporation (NYSE:GD – Free Report) by 421.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,236 shares of the aerospace company’s stock after purchasing an additional 7,466 shares during the period. Erste Asset Management GmbH’s holdings in General Dynamics were worth $3,109,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of GD. Dunhill Financial LLC increased its stake in General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after buying an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in General Dynamics in the 3rd quarter valued at $25,000. Dagco Inc. acquired a new position in General Dynamics in the 4th quarter valued at $25,000. Burkett Financial Services LLC increased its stake in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after buying an additional 65 shares during the period. Finally, Steph & Co. increased its stake in 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 buying an additional 30 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

GD has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price objective 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. The Goldman Sachs Group dropped their price objective on shares of General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research note on Monday, May 4th. BNP Paribas Exane dropped their price objective on shares of General Dynamics from $430.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Wells Fargo & Company initiated coverage on shares of General Dynamics in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $400.00 price objective on the stock. Finally, Argus boosted their price objective on shares of General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Two 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 issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $387.40.

Check Out Our Latest Report on GD

Insider Buying and Selling at General Dynamics

In other news, EVP Mark Lagrand Burns sold 36,480 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.40% of the stock is currently owned by company insiders.

General Dynamics Stock Performance

NYSE:GD opened at $345.81 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. General Dynamics Corporation has a fifty-two week low of $268.10 and a fifty-two week high of $369.70. The stock has a market cap of $93.52 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 2.11 and a beta of 0.34. The firm’s fifty day simple moving average is $339.79 and its 200-day simple moving average is $346.35.

General Dynamics (NYSE:GD – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, topping analysts’ consensus estimates of $3.67 by $0.43. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The business had revenue of $13.48 billion for the quarter, compared to analysts’ expectations of $12.70 billion. During the same period in the prior year, the company posted $3.66 EPS. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Analysts expect that General Dynamics Corporation will post 16.62 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $1.59 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio is 40.03%.

About General Dynamics

(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.