CI Investments Inc. Increases Stake in General Dynamics Corporation $GD

CI Investments Inc. lifted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 146.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 26,153 shares of the aerospace company’s stock after purchasing an additional 15,525 shares during the period. CI Investments Inc.’s holdings in General Dynamics were worth $8,976,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Whipplewood Advisors LLC grew its position in General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 69 shares during the last quarter. Steph & Co. increased its stake in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the period. Scarborough Advisors LLC bought a new stake in General Dynamics in the first quarter valued at approximately $29,000. Wilkerson Advisory Group LLC boosted its stake in shares of 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 purchasing an additional 39 shares during the period. Finally, Center for Financial Planning Inc. increased its stake in shares of General Dynamics by 220.7% in the fourth quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock worth $31,000 after buying an additional 64 shares during the period. 86.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on GD. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of General Dynamics from $387.00 to $377.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Morgan Stanley raised their target price on General Dynamics from $410.00 to $435.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Bank of America upped their price target on General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Citigroup dropped their price objective on General Dynamics from $380.00 to $364.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Finally, BNP Paribas Exane cut their price objective on General Dynamics from $430.00 to $390.00 and set an “outperform” rating on the stock in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $391.15.

General Dynamics Stock Up 1.6%

Shares of General Dynamics stock opened at $373.46 on Thursday. General Dynamics Corporation has a 1 year low of $306.03 and a 1 year high of $380.71. The company has a 50-day moving average of $354.33 and a 200 day moving average of $351.26. The firm has a market cap of $101.00 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 2.21 and a beta of 0.34. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.38 and a quick ratio of 0.90.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, topping analysts’ consensus estimates of $3.67 by $0.43. The firm had revenue of $13.48 billion for the quarter, compared to analysts’ expectations of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.66 earnings per share. As a group, sell-side analysts anticipate that General Dynamics Corporation will post 16.66 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be paid a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s dividend payout ratio (DPR) is 40.03%.

Key General Dynamics News

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

• Positive Sentiment: European rearmament plans are supporting the defense sector, and the article suggests U.S. defense companies like General Dynamics are capturing a meaningful share of the resulting contracts rather than European funds. Europe Announced the Rearmament. America’s Defense Fund Cashed the Checks
• Positive Sentiment: General Dynamics is expected to post earnings growth in its upcoming report, with Zacks highlighting conditions that could support an earnings beat. General Dynamics (GD) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Positive Sentiment: An Allison Transmission contract to supply transmissions for General Dynamics European Land Systems’ EAGLE vehicles for the German armed forces points to continued demand in GD’s land systems business. Allison Transmission to Supply Fully Automatic Transmissions to General Dynamics European Land Systems for EAGLE Series Vehicles for German Armed Forces
• Positive Sentiment: Investor interest was also reinforced by a planned leadership transition, with some market commentary suggesting the stock may still trade below fair value. General Dynamics (GD) Could Be 7% Below Fair Value On Executive Transition
• Neutral Sentiment: General Dynamics was also featured in a comparison with Lockheed Martin, highlighting the company’s exposure to military platforms, combat systems, naval programs, and aerospace technologies. Lockheed Martin vs. General Dynamics: Which Stock is the Better Buy?
• Neutral Sentiment: Bessemer Group increased its stake in General Dynamics in a first-quarter filing, a modest signal of institutional support but not a major catalyst. Bessemer Group Inc. Buys 1,939 Shares of General Dynamics Corporation $GD
• Neutral Sentiment: Recent commentary said General Dynamics is gaining strength from defense demand, reinforcing the broader bullish sector backdrop. General Dynamics (NYSE:GD) Gains Strength From Defense Demand
• Neutral Sentiment: The stock was also included on a list of high-dividend, stable portfolio names, which may support investor demand but is not a direct catalyst. 5 High Dividend Yield Stocks to Buy for a Stable Portfolio in 2H 2026

Insider Buying and Selling at General Dynamics

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the completion of the sale, the executive vice president owned 38,975 shares in the company, valued at approximately $13,457,677.75. This represents a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director directly owned 10,643 shares in the company, valued at $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 78,190 shares of company stock valued at $27,041,022 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

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.