10,726 Shares in General Dynamics Corporation $GD Bought by Nykredit A S

Nykredit A S purchased a new stake in shares of General Dynamics Corporation (NYSE:GD) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,726 shares of the aerospace company’s stock, valued at approximately $3,800,000.

Several other institutional investors have also recently bought and sold shares of the business. Whipplewood Advisors LLC grew its holdings in shares of 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 buying an additional 69 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of General Dynamics in the 1st quarter worth about $29,000. Wilkerson Advisory Group LLC raised its holdings in shares of General Dynamics by 79.6% in the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 39 shares during the last quarter. Paladin Partners LLC bought a new position in General Dynamics in the 2nd quarter valued at about $30,000. Finally, Center for Financial Planning Inc. boosted its stake in General Dynamics by 220.7% during the 4th quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 64 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Activity

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction dated 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 owned 10,643 shares of the company’s stock, valued at approximately $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Phebe N. Novakovic sold 51,568 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 766,457 shares in the company, valued at approximately $293,231,119.06. The trade was a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 100,228 shares of company stock valued at $38,052,853 in the last ninety days. 1.40% of the stock is currently owned by insiders.

General Dynamics Price Performance

Shares of NYSE GD opened at $359.54 on Monday. The company has a market capitalization of $97.28 billion, a PE ratio of 21.94, a PEG ratio of 2.07 and a beta of 0.32. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average price is $378.48 and its 200-day moving average price is $357.36. General Dynamics Corporation has a twelve month low of $306.77 and a twelve month high of $400.00.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. The company had revenue of $14.09 billion during 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%.General Dynamics’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities analysts anticipate that General Dynamics Corporation will post 16.99 EPS for the current year.

General Dynamics Dividend Announcement

The firm also recently announced 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 annualized dividend and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is currently 38.80%.

Wall Street Analyst Weigh In

A number of brokerages have commented on GD. Wall Street Zen lowered General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Morgan Stanley lifted their target price on General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Jefferies Financial Group increased their price target on General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Finally, Susquehanna lifted their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a report on Thursday, July 30th. One investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $410.89.

General Dynamics Profile

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.