Smith Chas P & Associates PA Cpas Has $44.21 Million Stock Position in General Dynamics Corporation $GD

Posted by Francis Steltz on Sep 11th, 2026

Smith Chas P & Associates PA Cpas lessened its holdings in General Dynamics Corporation (NYSE:GD – Free Report) by 1.4% in the second quarter, HoldingsChannel reports. The fund owned 124,790 shares of the aerospace company’s stock after selling 1,776 shares during the period. General Dynamics accounts for 2.2% of Smith Chas P & Associates PA Cpas’ portfolio, making the stock its 20th largest position. Smith Chas P & Associates PA Cpas’ holdings in General Dynamics were worth $44,206,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of GD. Brighton Jones LLC increased its holdings in shares of General Dynamics by 16.9% during the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock worth $760,000 after purchasing an additional 417 shares during the period. Acadian Asset Management LLC boosted its stake in shares of General Dynamics by 140.2% in the first quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after buying an additional 2,011 shares during the period. Sivia Capital Partners LLC acquired a new stake in General Dynamics during the second quarter worth approximately $240,000. Flow Traders U.S. LLC acquired a new stake in General Dynamics during the second quarter worth approximately $352,000. Finally, Jump Financial LLC bought a new position in General Dynamics during the 2nd quarter worth $1,284,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

General Dynamics Price Performance

Shares of General Dynamics stock traded up $2.19 during trading on Friday, reaching $356.44. 1,343,363 shares of the company’s stock were exchanged, compared to its average volume of 1,288,858. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. General Dynamics Corporation has a 1-year low of $306.77 and a 1-year high of $400.00. The company has a market cap of $96.44 billion, a P/E ratio of 21.75, a PEG ratio of 2.04 and a beta of 0.32. The firm’s 50-day moving average price is $378.18 and its 200 day moving average price is $357.54.

General Dynamics (NYSE:GD – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same period last year, the firm 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, research analysts anticipate that General Dynamics Corporation will post 16.99 earnings per share for the current year.

General Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be issued a dividend of $1.59 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. General Dynamics’s payout ratio is 38.80%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GD. Royal Bank Of Canada upped their target price on General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $384.00 price target on shares of General Dynamics in a research report on Thursday, July 30th. Morgan Stanley boosted their price target on General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. TD Cowen upped their price objective on shares of General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Susquehanna increased their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research note on Thursday, July 30th. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $411.58.

Check Out Our Latest Stock Report on GD

Insider Buying and Selling

In related 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 completion of the transaction, the director owned 10,643 shares of the company’s stock, valued at $3,884,695. This represents a 33.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Phebe Novakovic sold 51,568 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of the sale, the chief executive officer owned 766,457 shares in the company, valued at $293,231,119.06. This represents a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 100,228 shares of company stock worth $38,052,853 in the last three months. 1.40% of the stock is owned by corporate insiders.

General Dynamics Company Profile

(Free Report)

General Dynamics Corporation (NYSE:GD) is an aerospace and defense company that develops and delivers products and services for government and commercial customers. Its operations are organized across four principal business areas: Aerospace, Marine Systems, Combat Systems and Technologies.

Through its Aerospace business, General Dynamics manufactures Gulfstream business jets and provides aircraft maintenance, repair and refurbishment services. Its Marine Systems businesses design and build nuclear-powered submarines and surface ships, while Combat Systems produces military vehicles, weapons systems and munitions.