Beaumont Asset Management L.L.C. Decreases Stock Holdings in General Dynamics Corporation $GD

Posted by Brian Himes on Jun 27th, 2026

Beaumont Asset Management L.L.C. reduced its position in shares of General Dynamics Corporation (NYSE:GD – Free Report) by 35.9% in the first quarter, Holdings Channel reports. The fund owned 3,695 shares of the aerospace company’s stock after selling 2,073 shares during the quarter. Beaumont Asset Management L.L.C.’s holdings in General Dynamics were worth $1,268,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on GD shares. Deutsche Bank Aktiengesellschaft reduced their price objective on General Dynamics from $387.00 to $377.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their target price on General Dynamics from $385.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Jefferies Financial Group raised General Dynamics from a “hold” rating to a “buy” rating and boosted their target price for the company from $380.00 to $400.00 in a research report on Thursday, June 11th. The Goldman Sachs Group decreased their price target on General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a report on Monday, May 4th. Finally, Wall Street Zen upgraded General Dynamics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $388.40.

Get Our Latest Report on GD

General Dynamics Trading Up 0.5%

Shares of NYSE:GD opened at $346.30 on Friday. The company has a market capitalization of $93.65 billion, a PE ratio of 21.79, a P/E/G ratio of 2.14 and a beta of 0.34. 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 Corporation has a 12-month low of $288.62 and a 12-month high of $369.70. The business’s fifty day simple moving average is $341.71 and its 200-day simple moving average is $347.50.

General Dynamics (NYSE:GD – Get Free Report) last announced its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, topping analysts’ consensus estimates of $3.67 by $0.43. The business had revenue of $13.48 billion during the quarter, compared to the consensus estimate of $12.70 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The firm’s 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. As a group, equities research analysts predict that General Dynamics Corporation will post 16.63 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be given 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 yield of 1.8%. General Dynamics’s dividend payout ratio is presently 40.03%.

Insider Buying and Selling

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the sale, the director directly owned 10,643 shares in the company, valued at $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Lagrand Burns sold 36,480 shares of General Dynamics stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the completion of the transaction, the executive vice president directly owned 38,975 shares in the company, valued at $13,457,677.75. This represents a 48.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 78,190 shares of company stock valued at $27,041,022 in the last three months. 1.40% of the stock is currently owned by corporate 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.