Swiss National Bank Cuts Stock Position in General Dynamics Corporation $GD

Posted by Geri Gentry on Jun 12th, 2026

Swiss National Bank cut its holdings in General Dynamics Corporation (NYSE:GD – Free Report) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 626,506 shares of the aerospace company’s stock after selling 31,140 shares during the quarter. Swiss National Bank’s holdings in General Dynamics were worth $210,920,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GD. WASHINGTON TRUST Co boosted its stake in General Dynamics by 453.3% during the third quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock worth $3,212,000 after buying an additional 7,716 shares during the period. Vanguard Group Inc. boosted its stake in General Dynamics by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock worth $8,338,169,000 after buying an additional 528,769 shares during the period. Modern Wealth Management LLC boosted its stake in General Dynamics by 114.7% during the third quarter. Modern Wealth Management LLC now owns 6,124 shares of the aerospace company’s stock worth $2,088,000 after buying an additional 3,271 shares during the period. Jain Global LLC boosted its stake in General Dynamics by 97.8% during the third quarter. Jain Global LLC now owns 169,305 shares of the aerospace company’s stock worth $57,733,000 after buying an additional 83,692 shares during the period. Finally, M&T Bank Corp boosted its stake in General Dynamics by 155.6% during the fourth quarter. M&T Bank Corp now owns 104,773 shares of the aerospace company’s stock worth $35,273,000 after buying an additional 63,781 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

General Dynamics Stock Up 5.4%

NYSE:GD opened at $359.57 on Friday. General Dynamics Corporation has a twelve month low of $274.88 and a twelve month high of $369.70. The company has a market cap of $97.24 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 2.12 and a beta of 0.34. The stock has a fifty day simple moving average of $340.14 and a 200-day simple moving average of $346.50. The company has a current ratio of 1.38, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

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

General Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be issued a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s payout ratio is presently 40.03%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on GD shares. Wall Street Zen lowered shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. JPMorgan Chase & Co. lifted their price objective on shares of General Dynamics from $385.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $385.00 price objective on shares of General Dynamics in a research note on Thursday, April 30th. Jefferies Financial Group upgraded General Dynamics from a “hold” rating to a “buy” rating and lifted their target price for the stock from $380.00 to $400.00 in a research report on Thursday. Finally, UBS Group upgraded General Dynamics from a “neutral” rating to a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $388.40.

Read Our Latest Report on GD

Insider Buying and Selling at General Dynamics

In related news, EVP Mark Lagrand Burns sold 36,480 shares of General Dynamics stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the completion of the sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,457,677.75. The trade was a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.40% of the stock is owned by insiders.

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.