Northwestern Mutual Wealth Management Co. Buys 2,533 Shares of General Dynamics Corporation $GD

Posted by George Bondi on Aug 23rd, 2026

Northwestern Mutual Wealth Management Co. boosted its stake in General Dynamics Corporation (NYSE:GD – Free Report) by 5.5% in the second quarter, Holdings Channel reports. The firm owned 48,372 shares of the aerospace company’s stock after purchasing an additional 2,533 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in General Dynamics were worth $17,135,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in General Dynamics by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock valued at $8,338,169,000 after acquiring an additional 528,769 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in General Dynamics in the 4th quarter worth about $7,914,000. Deutsche Bank AG increased its stake in shares of General Dynamics by 12.2% in the fourth quarter. Deutsche Bank AG now owns 939,264 shares of the aerospace company’s stock valued at $316,213,000 after buying an additional 102,208 shares during the period. Rayburn West Financial Services LLC acquired a new position in General Dynamics in the 4th quarter valued at approximately $2,387,000. Finally, Professional Advisory Services Inc. raised its position in General Dynamics by 4.0% during the 2nd quarter. Professional Advisory Services Inc. now owns 67,028 shares of the aerospace company’s stock worth $23,744,000 after purchasing an additional 2,562 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. DA Davidson decreased their target price on shares of General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $421.00 target price on shares of General Dynamics in a research report on Monday, August 10th. Morgan Stanley upped their price objective on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Wells Fargo & Company increased their price objective on General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, BNP Paribas Exane boosted their target price on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and a consensus target price of $410.89.

Check Out Our Latest Analysis on GD

General Dynamics Price Performance

GD opened at $384.50 on Friday. The firm has a 50-day moving average price of $374.15 and a 200-day moving average price of $355.82. 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 twelve month low of $306.77 and a twelve month high of $400.00. The company has a market capitalization of $104.03 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 2.22 and a beta of 0.33.

General Dynamics (NYSE:GD – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating the consensus estimate of $3.96 by $0.28. The firm had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities analysts expect that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be given a $1.59 dividend. The ex-dividend date 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 presently 38.80%.

Insider Activity at General Dynamics

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 43,180 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the transaction, the executive vice president directly owned 44,767 shares in the company, valued at approximately $16,923,716.68. This represents a 49.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of the transaction, the chief executive officer directly owned 766,457 shares of the company’s stock, valued at approximately $293,231,119.06. The trade was a 6.30% 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 100,228 shares of company stock worth $38,052,853 in the last 90 days. Company insiders own 1.40% of the company’s stock.

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.