General Dynamics Corporation $GD Stock Holdings Lowered by US Bancorp DE

US Bancorp DE lowered its position in shares of General Dynamics Corporation (NYSE:GD) by 2.7% in the 4th quarter, Holdings Channel reports. The fund owned 104,667 shares of the aerospace company’s stock after selling 2,942 shares during the period. US Bancorp DE’s holdings in General Dynamics were worth $35,237,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of GD. Dunhill Financial LLC grew its position in General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after buying an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in General Dynamics in the 3rd quarter valued at about $25,000. Dagco Inc. bought a new position in General Dynamics in the 4th quarter valued at about $25,000. Burkett Financial Services LLC grew its position in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Finally, Steph & Co. grew its position in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock valued at $26,000 after buying an additional 30 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

General Dynamics Price Performance

GD stock opened at $345.49 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. General Dynamics Corporation has a one year low of $266.98 and a one year high of $369.70. The firm has a market capitalization of $93.43 billion, a PE ratio of 21.74, a P/E/G ratio of 2.30 and a beta of 0.34. The firm has a 50-day moving average of $345.59 and a two-hundred day moving average of $346.18.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, beating analysts’ consensus estimates of $3.67 by $0.43. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The company had revenue of $13.48 billion during the quarter, compared to analyst estimates of $12.70 billion. During the same period in the prior year, the firm earned $3.66 earnings per share. The business’s quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts forecast that General Dynamics Corporation will post 16.27 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be paid a dividend of $1.59 per share. This is a boost from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, April 10th. General Dynamics’s payout ratio is currently 41.17%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on GD shares. Wall Street Zen upgraded shares of General Dynamics from a “hold” rating to a “buy” rating in a research report on Saturday. TD Cowen increased their target price on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. BNP Paribas Exane decreased their target price on shares of General Dynamics from $430.00 to $390.00 and set an “outperform” rating for the company in a research report on Thursday. DA Davidson decreased their target price on shares of General Dynamics from $384.00 to $375.00 in a research report on Thursday. Finally, Argus increased their target price on shares of General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $387.70.

General Dynamics News Summary

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

• Positive Sentiment: Q1 beat and guidance raise: GD reported EPS $4.10 vs. $3.67 est., revenue ~$13.5B vs. $12.7B est., bookings ~$26.6B and backlog ~ $131B; management raised FY26 EPS guidance to $16.45–$16.55 — the core catalyst lifting the stock. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: High?profile price target upgrades: Morgan Stanley raised its target to $435 (overweight) and JPMorgan lifted its target to $400 (overweight), signaling dealer confidence in GD’s Marine and Aerospace momentum. Morgan Stanley raises price target on General Dynamics to $435
• Neutral Sentiment: Analysts mixed but generally positive: RBC reaffirmed a sector?perform view with a $385 target, keeping some moderation in expectations despite the beat. RBC reaffirms sector perform on GD
• Neutral Sentiment: Defense demand backdrop: industry writes point to stronger defense spending and large backlogs (e.g., Northrop Grumman’s backlog), and reports that U.S. bases in the Middle East may need rebuilding — supportive for long?term revenue but increases near?term volatility. Northrop Grumman Gains From Strong Backlog and Rising Defense Demand
• Negative Sentiment: Some broker trims: BNP Paribas Exane cut its target to $390 (still outperform) and DA Davidson trimmed its target to $375 — these reductions add near?term pressure and show differing views on sustainable upside. BNP Paribas adjusts price target on General Dynamics to $390 from $430 DA Davidson trims price target on General Dynamics to $375

Insider Activity

In other General Dynamics news, CEO Phebe N. Novakovic sold 32,918 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the sale, the chief executive officer directly owned 766,457 shares of the company’s stock, valued at approximately $271,394,759.13. This represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 51,260 shares of company stock valued at $18,133,971 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

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.