General Dynamics Corporation $GD Shares Acquired by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. increased its position in shares of General Dynamics Corporation (NYSE:GD) by 72.0% in the 4th quarter, Holdings Channel reports. The firm owned 6,975 shares of the aerospace company’s stock after purchasing an additional 2,920 shares during the period. Legacy Capital Group California Inc.’s holdings in General Dynamics were worth $2,348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in General Dynamics by 2.9% during the third quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after acquiring an additional 677,665 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in General Dynamics by 5.4% during the third quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock worth $1,236,900,000 after purchasing an additional 187,435 shares in the last quarter. Northern Trust Corp boosted its position in shares of General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after buying an additional 863,392 shares during the period. Franklin Resources Inc. raised its holdings in shares of General Dynamics by 3.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,770,714 shares of the aerospace company’s stock valued at $603,813,000 after buying an additional 58,524 shares during the period. Finally, AQR Capital Management LLC lifted its stake in General Dynamics by 118.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after acquiring an additional 901,679 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics Trading Down 1.0%

NYSE GD opened at $322.26 on Thursday. The firm’s fifty day moving average price is $348.42 and its 200 day moving average price is $347.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. General Dynamics Corporation has a 12 month low of $262.84 and a 12 month high of $369.70. The company has a market capitalization of $87.28 billion, a price-to-earnings ratio of 20.76, a price-to-earnings-growth ratio of 2.17 and a beta of 0.38.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same quarter in the prior year, the firm earned $4.15 EPS. General Dynamics’s revenue for the quarter was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, sell-side analysts expect that General Dynamics Corporation will post 16.3 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be issued a dividend of $1.59 per share. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s payout ratio is presently 41.17%.

Insider Transactions at General Dynamics

In other news, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the sale, the chief executive officer owned 766,457 shares of the company’s stock, valued at $271,394,759.13. This represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 51,260 shares of company stock worth $18,133,971. 1.40% of the stock is currently owned by insiders.

General Dynamics News Summary

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

• Positive Sentiment: GD has a strong history of earnings surprises and analysts (Zacks/Yahoo coverage) highlight the company has the setup to beat consensus again, driven by steady revenue growth and profitable backlogs. Why General Dynamics (GD) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Wall Street expects earnings growth for GD in the next report; that expectation is a near-term catalyst (beat or raised guidance could drive a rebound). General Dynamics (GD) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Comparative analyses (Lockheed Martin vs. General Dynamics) highlight GD’s diversified defense exposure but underscore competition for prime contracts; useful context for longer-term positioning rather than an immediate catalyst. LMT vs. GD: Which Defense Stock Looks More Attractive Right Now?
• Neutral Sentiment: Sector results: RTX reported solid Q1 beats and raised its outlook, affirming strong defense demand — a tailwind for the sector but also a reminder GD competes in a robust, but crowded, market. RTX Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
• Neutral Sentiment: Industry screen pieces suggest some aerospace/defense names are oversold while others look set to beat — useful for relative-performance trades but not a direct GD-specific catalyst. These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Neutral Sentiment: Unrelated sector analyst coverage (Exxon) appears in the feed but does not materially affect GD’s fundamentals; included for completeness. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
• Negative Sentiment: Multiple headlines across outlets note GD “stock slides” amid broader market gains, reflecting near-term selling pressure and profit-taking after recent strength; such headlines can amplify short-term weakness. General Dynamics (GD) Stock Slides as Market Rises: Facts to Know Before You Trade

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Argus lifted their target price on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. TD Cowen upped their target price on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Sanford C. Bernstein reissued a “market perform” rating and issued a $398.00 price target on shares of General Dynamics in a research report on Monday, January 12th. Citigroup decreased their target price on General Dynamics from $389.00 to $380.00 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Finally, UBS Group set a $393.00 price target on General Dynamics in a report on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $384.53.

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.