D.A. Davidson & CO. Cuts Stock Holdings in General Dynamics Corporation $GD

Posted by Francis Steltz on Jul 16th, 2026

D.A. Davidson & CO. trimmed its stake in General Dynamics Corporation (NYSE:GD – Free Report) by 2.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,756 shares of the aerospace company’s stock after selling 1,932 shares during the period. D.A. Davidson & CO.’s holdings in General Dynamics were worth $29,090,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in shares of General Dynamics during the 3rd quarter worth $25,000. Dagco Inc. bought a new position in General Dynamics in the fourth quarter valued at $25,000. Whipplewood Advisors LLC raised its position in General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 69 shares in the last quarter. Burkett Financial Services LLC lifted its stake in General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Finally, Steph & Co. lifted its stake in General Dynamics by 65.2% during the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GD has been the topic of several recent research reports. Morgan Stanley increased their price objective on General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. UBS Group raised General Dynamics from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $385.00 price target on shares of General Dynamics in a research report on Thursday, April 30th. Jefferies Financial Group lifted their price target on shares of General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, BNP Paribas Exane cut their price objective on shares of General Dynamics from $430.00 to $390.00 and set an “outperform” rating for the company in a research note on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $391.15.

View Our Latest Stock Report on General Dynamics

Insider Buying and Selling at General Dynamics

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

General Dynamics Trading Down 1.1%

Shares of GD stock opened at $365.53 on Thursday. The business has a 50-day moving average of $351.86 and a 200 day moving average of $350.18. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.90. General Dynamics Corporation has a 1-year low of $293.95 and a 1-year high of $380.71. The stock has a market capitalization of $98.85 billion, a PE ratio of 23.00, a P/E/G ratio of 2.23 and a beta of 0.34.

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, topping analysts’ consensus estimates of $3.67 by $0.43. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.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 previous year, the firm earned $3.66 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. As a group, sell-side analysts anticipate that General Dynamics Corporation will post 16.64 earnings per share for the current year.

General Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be issued a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s dividend payout ratio is currently 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.