General Dynamics (NYSE:GD) Director Sells $2,574,612.00 in Stock

General Dynamics Corporation (NYSE:GD) Director Robert Steel sold 7,440 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the transaction, the director directly owned 3,096 shares of the company’s stock, valued at approximately $1,071,370.80. This trade represents a 70.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

General Dynamics Price Performance

General Dynamics stock opened at $336.82 on Monday. The company’s 50 day simple moving average is $373.42 and its 200-day simple moving average is $356.99. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. General Dynamics Corporation has a 1 year low of $306.77 and a 1 year high of $400.00. The company has a market capitalization of $91.13 billion, a price-to-earnings ratio of 20.55, a price-to-earnings-growth ratio of 1.94 and a beta of 0.32.

General Dynamics (NYSE:GD) last posted its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $13.52 billion. During the same quarter last year, the company posted $3.74 EPS. The firm’s quarterly 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. As a group, equities research analysts expect that General Dynamics Corporation will post 16.99 earnings per share for the current year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be paid a $1.59 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.9%. General Dynamics’s payout ratio is presently 38.80%.

Analyst Ratings Changes

A number of brokerages recently commented on GD. Citigroup raised their target price on General Dynamics from $364.00 to $404.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Susquehanna increased their price target on shares of General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. UBS Group raised their price objective on shares of General Dynamics from $395.00 to $408.00 and gave the company a “neutral” rating in a research note on Tuesday, September 8th. Bank of America upped their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, Jefferies Financial Group increased their target price on shares of General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One research 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. According to data from MarketBeat.com, General Dynamics currently has a consensus rating of “Moderate Buy” and a consensus price target of $410.84.

Institutional Trading of General Dynamics

Large investors have recently made changes to their positions in the company. Caisse de depot et placement du Quebec increased its holdings in shares of General Dynamics by 454.0% in the 2nd quarter. Caisse de depot et placement du Quebec now owns 180,917 shares of the aerospace company’s stock valued at $64,088,000 after acquiring an additional 148,262 shares during the last quarter. Empowered Funds LLC purchased a new stake in General Dynamics during the second quarter worth approximately $21,368,000. United Capital Financial Advisors LLC purchased a new stake in General Dynamics during the second quarter worth approximately $30,781,000. Professional Advisory Services Inc. boosted its holdings in General Dynamics by 4.0% in the second quarter. Professional Advisory Services Inc. now owns 67,028 shares of the aerospace company’s stock valued at $23,744,000 after purchasing an additional 2,562 shares in the last quarter. Finally, FSA Advisors Inc. purchased a new position in General Dynamics in the second quarter valued at approximately $1,254,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting General Dynamics

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

• Positive Sentiment: General Dynamics received a multiyear U.S. Army contract modification for additional Double V Hull A1 Stryker vehicles, extending production through 2028. The award expands the Stryker backlog and provides funded work for GD Land Systems facilities. What Does General Dynamics Winning New Stryker Work Mean Through 2028?
• Positive Sentiment: The Army’s seven-year framework agreements with General Dynamics and Lockheed Martin aim to substantially increase PAC-3 MSE and THAAD interceptor capacity. The agreements highlight strong missile-defense demand and could benefit GD’s Ordnance and Tactical Systems business, although Lockheed may capture more of the direct upside. Could Lockheed Martin’s Missile Defense Boom Give It an Edge Over General Dynamics?
• Neutral Sentiment: General Dynamics recently reported quarterly revenue of $14.09 billion and earnings of $4.24 per share, beating consensus estimates, with revenue up 8.1% year over year. However, its fiscal 2026 EPS guidance of $16.80–$16.90 is slightly below the broader analyst estimate of $16.99, limiting the positive earnings impact.
• Negative Sentiment: Director Robert K. Steel sold 7,440 GD shares for approximately $2.57 million at an average price of $346.05, reducing his direct ownership by about 71% to 3,096 shares. While insider sales can reflect personal financial decisions, the size of the reduction may raise caution among investors. General Dynamics Insider Sold Shares Worth $2.57 Million
• Negative Sentiment: GD recently underperformed the broader market, and its shares remain below their 50-day and 200-day moving averages. This technical weakness suggests continued pressure despite the company’s solid defense backlog and recent contract awards. Here’s Why General Dynamics Fell More Than the Broader Market

General Dynamics Company Profile

General Dynamics Corporation (NYSE:GD) is an aerospace and defense company that develops and delivers products and services for government and commercial customers. Its operations are organized across four principal business areas: Aerospace, Marine Systems, Combat Systems and Technologies.

Through its Aerospace business, General Dynamics manufactures Gulfstream business jets and provides aircraft maintenance, repair and refurbishment services. Its Marine Systems businesses design and build nuclear-powered submarines and surface ships, while Combat Systems produces military vehicles, weapons systems and munitions.