Parcion Private Wealth LLC Acquires 1,442 Shares of General Dynamics Corporation $GD

Parcion Private Wealth LLC lifted its holdings in General Dynamics Corporation (NYSE:GD) by 38.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,213 shares of the aerospace company’s stock after purchasing an additional 1,442 shares during the period. Parcion Private Wealth LLC’s holdings in General Dynamics were worth $1,730,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of GD. Whipplewood Advisors LLC increased its holdings in 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 period. Wellington Altus USA Inc. raised its stake in General Dynamics by 77.8% in the second quarter. Wellington Altus USA Inc. now owns 80 shares of the aerospace company’s stock worth $27,000 after buying an additional 35 shares in the last quarter. Downshift Financial LLC raised its stake in General Dynamics by 134.3% in the third quarter. Downshift Financial LLC now owns 82 shares of the aerospace company’s stock worth $27,000 after buying an additional 47 shares in the last quarter. Morton Brown Family Wealth LLC raised its stake in General Dynamics by 182.8% in the third quarter. Morton Brown Family Wealth LLC now owns 82 shares of the aerospace company’s stock worth $27,000 after buying an additional 53 shares in the last quarter. Finally, Paladin Partners LLC purchased a new stake in General Dynamics during the second quarter worth $30,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling at General Dynamics

In other news, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction on 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 sale, the chief executive officer owned 766,457 shares in the company, valued at approximately $293,231,119.06. This represents a 6.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert K. Steel sold 7,440 shares of the stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total value of $2,574,612.00. Following the sale, the director owned 3,096 shares of the company’s stock, valued at approximately $1,071,370.80. This represents a 70.62% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is currently owned by insiders.

Key General Dynamics News

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

• Positive Sentiment: Q3 results exceeded expectations. General Dynamics reported diluted EPS of $4.49, up 15.7% year over year and ahead of the roughly $4.12–$4.14 analyst consensus. Revenue rose 12.9% to $14.57 billion, exceeding estimates near $13.72 billion. General Dynamics Reports Third-Quarter 2026 Financial Results
• Positive Sentiment: Growth was broad-based. Performance improved across all four operating segments, with Gulfstream business-jet demand and marine bookings helping drive the beat. Operating earnings increased 14.7% to $1.5 billion, while operating margin expanded to 10.5%. General Dynamics tops quarterly results as Gulfstream, marine drive bookings
• Positive Sentiment: Backlog reached a record level. Quarterly orders totaled approximately $98.8 billion, including $93.8 billion in defense orders, producing a 6.8-to-1 book-to-bill ratio. Ending backlog was about $220.3 billion, supporting future revenue visibility and reinforcing the company’s exposure to sustained defense spending. General Dynamics Q3 Revenue Rises 12.9% to $14.6 Billion
• Positive Sentiment: Cash generation and outlook were supportive. General Dynamics generated $1.7 billion in operating cash flow, equal to 139% of net earnings, and management raised its guidance, providing an additional catalyst for investors. General Dynamics CEO Signs Off After 14 Years With Record $220 Billion Backlog
• Neutral Sentiment: Chief Executive Officer Phebe Novakovic is signing off after 14 years, with the transition occurring as the company reports record backlog. The strong operating results reduce immediate concern, but investors may watch for continuity under new leadership. General Dynamics Q3 2026 Earnings Call Transcript
• Negative Sentiment: Recent insider-trading data shows multiple executives, including the CEO, selling shares and no reported insider purchases over the past six months. This is a secondary concern compared with the earnings beat but could limit some investor enthusiasm.

General Dynamics Stock Up 0.5%

NYSE:GD opened at $372.72 on Friday. The company’s 50-day simple moving average is $351.44 and its 200-day simple moving average is $355.06. 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 fifty-two week low of $306.77 and a fifty-two week high of $400.00. The stock has a market capitalization of $100.84 billion, a P/E ratio of 21.92, a P/E/G ratio of 2.18 and a beta of 0.33.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Friday, October 30th. The aerospace company reported $4.49 EPS for the quarter, topping the consensus estimate of $4.12 by $0.37. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The firm had revenue of $14.57 billion during the quarter, compared to analyst estimates of $13.72 billion. During the same quarter in the previous year, the business posted $3.88 EPS. General Dynamics’s revenue was up 12.9% on a year-over-year basis. On average, equities analysts anticipate that General Dynamics Corporation will post 16.99 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be paid a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is 38.80%.

Wall Street Analysts Forecast Growth

GD has been the topic of several recent research reports. Wells Fargo & Company increased their target price on General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Monday, September 28th. Morgan Stanley boosted their price target on General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Wall Street Zen cut General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Citigroup decreased their price objective on General Dynamics from $404.00 to $374.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $402.44.

About General Dynamics

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.