CoreCap Advisors LLC Purchases 2,275 Shares of General Dynamics Corporation $GD

Posted by Stanley Muller on Oct 8th, 2026

CoreCap Advisors LLC raised its position in General Dynamics Corporation (NYSE:GD – Free Report) by 10.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 23,322 shares of the aerospace company’s stock after acquiring an additional 2,275 shares during the period. CoreCap Advisors LLC’s holdings in General Dynamics were worth $7,739,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in GD. BlackRock Inc. acquired a new position in General Dynamics during the second quarter worth $6,840,590,000. State Street Corp increased its stake in General Dynamics by 3.3% in the 2nd quarter. State Street Corp now owns 11,811,099 shares of the aerospace company’s stock valued at $4,183,964,000 after buying an additional 374,682 shares during the last quarter. Bank of America Corp DE bought a new stake in General Dynamics during the 2nd quarter worth about $2,603,527,000. Corient Private Wealth LP lifted its position in General Dynamics by 806.3% during the 2nd quarter. Corient Private Wealth LP now owns 1,661,702 shares of the aerospace company’s stock worth $588,641,000 after buying an additional 1,478,353 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of General Dynamics by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,579,959 shares of the aerospace company’s stock worth $542,274,000 after buying an additional 28,249 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

Insider Activity at General Dynamics

In other General Dynamics news, EVP Marguerite 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 transaction, the executive vice president directly owned 44,767 shares in the company, valued at $16,923,716.68. The trade was a 49.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert K. Steel sold 7,440 shares of the stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the completion of the transaction, the director directly owned 3,096 shares in the company, valued at $1,071,370.80. The trade was a 70.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 102,188 shares of company stock worth $38,627,265. Company insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

GD has been the topic of a number of recent research reports. BNP Paribas Exane lifted their target price on General Dynamics from $390.00 to $430.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Susquehanna increased their price target on General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Citigroup lowered their price target on General Dynamics from $404.00 to $374.00 and set a “neutral” rating on the stock in a research report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a research note on Monday, September 28th. Finally, Wells Fargo & Company raised their target price on shares of General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $409.26.

View Our Latest Stock Analysis on General Dynamics

Key Headlines Impacting General Dynamics

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

Positive Sentiment: Leadership succession provides continuity: General Dynamics named current President Danny Deep as CEO effective January 1, 2027. CEO Phebe Novakovic will become executive chair after leading the company since 2013, reducing the risk of an abrupt strategic shift. Deep Elected CEO of General Dynamics, Novakovic to Executive Chairman
Positive Sentiment: AI vehicle-control partnership adds technology upside: General Dynamics Land Systems and Primordial Labs agreed to bring natural-language command and control to ground combat vehicles, including the Abrams and XM30 platforms. The initiative could strengthen GD’s positioning in next-generation military systems, although financial benefits are likely longer term. General Dynamics Land Systems and Primordial Labs Partnership
Neutral Sentiment: Valuation debate remains mixed: Recent analysis compares GD with GE Aerospace and describes the defense contractor as a potential value stock, while brokerages maintain an average “Moderate Buy” view. However, analysts’ opinions remain divided over whether the shares offer sufficient upside after their recent decline. GD or GE: Which Is the Better Value Stock Right Now?
Negative Sentiment: CEO change alone may not resolve sector headwinds: Commentary argues that replacing Novakovic will not fix broader defense-stock challenges, including investor concerns about program execution, spending expectations and sector-wide performance. GD’s shares have lagged the S&P 500 over the last six months, contributing to the cautious tone. General Dynamics’ New CEO and Defense Stock Challenges

General Dynamics Stock Performance

NYSE:GD traded up $3.55 during mid-day trading on Thursday, hitting $330.18. The stock had a trading volume of 1,496,310 shares, compared to its average volume of 1,297,661. General Dynamics Corporation has a twelve month low of $306.77 and a twelve month high of $400.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The stock has a market cap of $89.33 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.91 and a beta of 0.33. The company’s 50 day simple moving average is $365.57 and its 200 day simple moving average is $355.74.

General Dynamics (NYSE:GD – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.28. The firm had revenue of $14.09 billion for the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities research analysts forecast that General Dynamics Corporation will post 16.99 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 1.9%. General Dynamics’s payout ratio is presently 38.80%.

General Dynamics 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. The company operates through four primary business segments: Aerospace, Marine Systems, Combat Systems, and Technologies.

Its Aerospace segment designs and manufactures Gulfstream business jets and provides aircraft support services. Marine Systems builds nuclear-powered submarines and surface ships for the U.S. Navy, while Combat Systems produces armored vehicles, combat systems, weapons, and munitions.