General Dynamics Corporation $GD Holdings Lifted by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 14.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 41,340 shares of the aerospace company’s stock after buying an additional 5,093 shares during the period. NEOS Investment Management LLC’s holdings in General Dynamics were worth $14,644,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Burford Brothers Inc. grew its stake in General Dynamics by 11.0% during the 2nd quarter. Burford Brothers Inc. now owns 2,951 shares of the aerospace company’s stock valued at $1,045,000 after acquiring an additional 293 shares in the last quarter. iSAM Funds UK Ltd purchased a new stake in shares of General Dynamics in the second quarter worth approximately $354,000. Paragon Private Wealth Management LLC boosted its holdings in shares of General Dynamics by 60.3% during the second quarter. Paragon Private Wealth Management LLC now owns 4,862 shares of the aerospace company’s stock worth $1,722,000 after purchasing an additional 1,828 shares during the period. Outfitters Financial LLC boosted its holdings in shares of General Dynamics by 0.6% during the second quarter. Outfitters Financial LLC now owns 5,024 shares of the aerospace company’s stock worth $1,780,000 after purchasing an additional 30 shares during the period. Finally, Continuum Advisory LLC purchased a new position in General Dynamics during the second quarter valued at approximately $294,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mark Malcolm sold 5,480 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the sale, the director owned 10,643 shares in the company, valued at approximately $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Marguerite Gilliland sold 43,180 shares of General Dynamics stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the sale, the executive vice president directly owned 44,767 shares in the company, valued at $16,923,716.68. The trade was a 49.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 100,228 shares of company stock valued at $38,052,853. Insiders own 1.40% of the company’s stock.

General Dynamics Stock Down 1.7%

General Dynamics stock opened at $359.54 on Friday. The firm has a market cap of $97.28 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 2.11 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. General Dynamics Corporation has a fifty-two week low of $306.77 and a fifty-two week high of $400.00. The firm has a fifty day moving average price of $378.48 and a two-hundred day moving average price of $357.29.

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

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. General Dynamics’s payout ratio is presently 38.80%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GD. BNP Paribas Exane increased their price objective on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Sanford C. Bernstein restated a “market perform” rating and issued a $421.00 target price on shares of General Dynamics in a research note on Monday, August 10th. Susquehanna upped their target price on General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Wells Fargo & Company lifted their price target on General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Finally, Jefferies Financial Group boosted their price target on General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $410.89.

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.