Edgestream Partners L.P. Reduces Holdings in General Dynamics Corporation $GD

Edgestream Partners L.P. lessened its position in shares of General Dynamics Corporation (NYSE:GDFree Report) by 85.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,380 shares of the aerospace company’s stock after selling 8,120 shares during the quarter. Edgestream Partners L.P.’s holdings in General Dynamics were worth $474,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in GD. Whipplewood Advisors LLC raised its position in General Dynamics by 1,725.0% in 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 during the period. Steph & Co. grew its holdings in shares of General Dynamics by 65.2% during the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of General Dynamics during the 1st quarter worth about $29,000. Wilkerson Advisory Group LLC raised its holdings in General Dynamics by 79.6% in the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after buying an additional 39 shares during the period. Finally, Center for Financial Planning Inc. lifted its position in General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after buying an additional 64 shares during the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the 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 sale, the director directly owned 10,643 shares of the company’s stock, valued at approximately $3,884,695. This represents a 33.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, 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 transaction of $12,596,179.20. Following the completion of the sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 172,938 shares of company stock valued at $63,093,675 over the last three months. 1.40% of the stock is currently owned by corporate insiders.

General Dynamics Stock Performance

NYSE:GD opened at $383.87 on Thursday. The company has a market cap of $103.86 billion, a price-to-earnings ratio of 23.42, a price-to-earnings-growth ratio of 2.23 and a beta of 0.33. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a 52 week low of $306.77 and a 52 week high of $400.00. The company has a fifty day simple moving average of $363.18 and a two-hundred day simple moving average of $353.26.

General Dynamics (NYSE:GDGet Free Report) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm had revenue of $14.09 billion during the quarter, compared to analyst estimates of $13.52 billion. During the same period last year, the business posted $3.74 earnings per share. General Dynamics’s revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, equities analysts anticipate that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be given a dividend of $1.59 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s payout ratio is currently 38.80%.

Analysts Set New Price Targets

GD has been the subject of a number of recent analyst reports. Jefferies Financial Group lifted their price target on shares of General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Citigroup increased their price objective on shares of General Dynamics from $364.00 to $404.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $384.00 target price on shares of General Dynamics in a research report on Thursday, July 30th. Royal Bank Of Canada upped their price target on General Dynamics from $385.00 to $410.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. Finally, BNP Paribas Exane raised their price target on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $409.68.

Check Out Our Latest Stock Report on GD

Key Stories Impacting General Dynamics

Here are the key news stories impacting General Dynamics this week:

  • Positive Sentiment: Dividend declared: General Dynamics’ board approved a regular quarterly dividend of $1.59 per share, payable November 13, 2026, to shareholders of record October 9. The payment reinforces GD’s shareholder-return profile and equates to a $6.36 annualized dividend. General Dynamics Board Declares Dividend
  • Positive Sentiment: Wells Fargo raised its price target: The firm increased its target from $400 to $440 and maintained an “overweight” rating, signaling confidence in GD’s earnings outlook and defense exposure. The new target implies substantial upside from the recent trading level. Wells Fargo Raises General Dynamics Price Target
  • Positive Sentiment: Fundamentals remain solid: GD’s latest quarterly results exceeded expectations, with EPS of $4.24 versus $3.96 expected and revenue of $14.09 billion versus $13.52 billion forecast. Revenue increased 8.1% year over year, supporting the broader bullish case.
  • Neutral Sentiment: Earnings-call scrutiny: Coverage of the company’s second-quarter earnings call highlights analyst questions, but the available report does not identify a new material change to guidance or operations. The 5 Most Interesting Analyst Questions From General Dynamics’ Q2 Earnings Call
  • Negative Sentiment: Insider selling: CEO Phebe Novakovic sold 51,568 shares, while EVP Marguerite Amy Gilliland sold 43,180 shares for combined proceeds of roughly $36.1 million. Gilliland reduced her position by 49.1%, which could raise caution among investors, although executives retain significant holdings and sales do not necessarily indicate deteriorating fundamentals. General Dynamics Insider Sale Filings

General Dynamics Company 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.

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Institutional Ownership by Quarter for General Dynamics (NYSE:GD)

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