Renaissance Technologies LLC Buys Shares of 30,180 General Dynamics Corporation $GD

Renaissance Technologies LLC bought a new stake in General Dynamics Corporation (NYSE:GD) during the 1st quarter, HoldingsChannel.com reports. The firm bought 30,180 shares of the aerospace company’s stock, valued at approximately $10,358,000.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC raised its stake in General Dynamics by 118.3% in the 3rd quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock valued at $567,372,000 after purchasing an additional 901,679 shares during the last quarter. Northern Trust Corp boosted its stake in General Dynamics by 35.0% during the 3rd quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after purchasing an additional 863,392 shares during the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of General Dynamics by 831.1% during the third quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company’s stock worth $251,405,000 after buying an additional 658,081 shares in the last quarter. Vanguard Group Inc. raised its position in shares of General Dynamics by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock valued at $8,338,169,000 after buying an additional 528,769 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of General Dynamics by 613.0% in the fourth quarter. Corient Private Wealth LLC now owns 613,732 shares of the aerospace company’s stock valued at $206,619,000 after buying an additional 527,651 shares during the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at General Dynamics

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the sale, the director directly owned 10,643 shares in the company, valued at $3,884,695. This represents a 33.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 78,190 shares of company stock valued at $27,041,022 in the last quarter. 1.40% of the stock is owned by insiders.

Trending Headlines about General Dynamics

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

• Positive Sentiment: Strong Q2 results: General Dynamics reported adjusted earnings of $4.24 per share and revenue of $14.09 billion, exceeding estimates of $3.96 and $13.52 billion, respectively. Revenue increased 8.1% year over year, while management highlighted broad-based strength, record backlog and solid cash generation. General Dynamics Corporation Q2 2026 Earnings Call Summary
• Positive Sentiment: Largest catalyst is the submarine award: General Dynamics Electric Boat received $29.5 billion for five Columbia-class submarines and $42.1 billion for nine Virginia-class submarines, plus infrastructure support. The $76.6 billion award strengthens long-term visibility and backlog, although the contract value will be recognized over many years. General Dynamics Electric Boat Submarine Award
• Positive Sentiment: Analyst targets moved higher: Morgan Stanley raised its target to $465 and maintained an overweight rating, Susquehanna lifted its target to $455 with a positive rating, and BNP Paribas Exane raised its target to $430 with an outperform rating. These revisions reflect confidence in GD’s backlog and defense demand.
• Positive Sentiment: Growth profile remains attractive: Zacks cited General Dynamics’ earnings growth, improving business momentum and favorable growth characteristics, while the company maintained fiscal 2026 earnings guidance of approximately $16.80–$16.90 per share. Why General Dynamics Is a Strong Growth Stock
• Neutral Sentiment: Valuation is increasingly debated: Some research indicates the shares could remain below estimated intrinsic value, while other analysts argue that the strong defense outlook is already reflected in the stock’s elevated valuation after its substantial multiyear gains.
• Negative Sentiment: Risks remain: Analysts have cited supply-chain and margin pressures, limited visibility into future U.S. defense spending and potential execution challenges associated with the large submarine program. Several reports maintain neutral or downgrade views despite the strong fundamentals.

General Dynamics Stock Performance

NYSE GD opened at $384.53 on Monday. The stock has a fifty day simple moving average of $360.75 and a 200-day simple moving average of $352.87. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The stock has a market cap of $104.04 billion, a PE ratio of 23.46, a P/E/G ratio of 2.22 and a beta of 0.34. General Dynamics Corporation has a twelve month low of $306.03 and a twelve month high of $400.00.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.96 by $0.28. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The firm had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same period in the previous year, the firm earned $3.74 EPS. General Dynamics’s revenue was up 8.1% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities analysts anticipate that General Dynamics Corporation will post 16.97 earnings per share for the current year.

General Dynamics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be given a dividend of $1.59 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics’s dividend payout ratio (DPR) is presently 38.80%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GD. BNP Paribas Exane raised their target price on shares of General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research note on Thursday. Robert W. Baird set a $430.00 price target on General Dynamics in a research report on Thursday. The Goldman Sachs Group cut their price target on General Dynamics from $327.00 to $313.00 and set a “sell” rating for the company in a report on Monday, May 4th. Susquehanna boosted their price objective on General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. upped their target price on General Dynamics from $385.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $406.32.

General Dynamics Company 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.