Headlands Technologies LLC Takes $924,000 Position in General Dynamics Corporation $GD

Headlands Technologies LLC acquired a new position in General Dynamics Corporation (NYSE:GD) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,607 shares of the aerospace company’s stock, valued at approximately $924,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GD. Whipplewood Advisors LLC boosted its position in shares of General Dynamics by 1,725.0% in the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after buying an additional 69 shares during the period. Scarborough Advisors LLC purchased a new position in shares of General Dynamics during the first quarter valued at $29,000. Wilkerson Advisory Group LLC raised its position in General Dynamics by 79.6% during the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after buying an additional 39 shares during the period. Paladin Partners LLC purchased a new stake in General Dynamics in the 2nd quarter worth about $30,000. Finally, Center for Financial Planning Inc. lifted its stake in General Dynamics by 220.7% in the 4th quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock worth $31,000 after acquiring an additional 64 shares in the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, EVP Marguerite Amy Gilliland sold 43,180 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president directly owned 44,767 shares of the company’s stock, valued at $16,923,716.68. The trade was a 49.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the transaction, the director owned 10,643 shares in the company, valued at approximately $3,884,695. This trade represents a 33.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 100,228 shares of company stock worth $38,052,853 over the last ninety days. 1.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GD. Bank of America lifted their target price on General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Morgan Stanley increased their price target on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Wells Fargo & Company raised their price target on shares of General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Royal Bank Of Canada boosted their price objective on shares of General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $384.00 price objective on shares of General Dynamics in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $410.89.

General Dynamics Stock Performance

Shares of NYSE GD opened at $368.98 on Wednesday. General Dynamics Corporation has a one year low of $306.77 and a one year high of $400.00. The business’s 50-day moving average price is $377.39 and its two-hundred day moving average price is $356.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. The company has a market capitalization of $99.83 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.15 and a beta of 0.32.

General Dynamics (NYSE:GD) last announced its quarterly earnings results 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. The business had revenue of $14.09 billion during the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Analysts anticipate that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The firm 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. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s payout ratio is 38.80%.

About General Dynamics

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.