Professional Advisory Services Inc. Acquires 2,562 Shares of General Dynamics Corporation $GD

Professional Advisory Services Inc. boosted its holdings in General Dynamics Corporation (NYSE:GD) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,028 shares of the aerospace company’s stock after acquiring an additional 2,562 shares during the quarter. General Dynamics accounts for about 2.8% of Professional Advisory Services Inc.’s investment portfolio, making the stock its 21st biggest position. Professional Advisory Services Inc.’s holdings in General Dynamics were worth $23,744,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC boosted its holdings in General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 69 shares in the last quarter. Steph & Co. raised its holdings in shares of 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 buying an additional 30 shares in the last quarter. Scarborough Advisors LLC bought a new position in shares of General Dynamics during the 1st quarter worth approximately $29,000. Wilkerson Advisory Group LLC lifted its position in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after buying an additional 39 shares during the period. Finally, Center for Financial Planning Inc. boosted 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 valued at $31,000 after buying an additional 64 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Transactions at General Dynamics

In related 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 transaction 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 filing with the SEC, which is available at this link. Also, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of the transaction, the chief executive officer owned 766,457 shares in the company, valued at $293,231,119.06. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 172,938 shares of company stock valued at $63,093,675. 1.40% of the stock is owned by company insiders.

General Dynamics Stock Up 1.3%

NYSE:GD opened at $391.76 on Friday. The stock’s fifty day moving average price is $364.83 and its two-hundred day moving average price is $353.66. General Dynamics Corporation has a 52-week low of $306.77 and a 52-week high of $400.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The company has a market cap of $106.00 billion, a price-to-earnings ratio of 23.90, a P/E/G ratio of 2.24 and a beta of 0.33.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating the consensus estimate of $3.96 by $0.28. The company had revenue of $14.09 billion during the quarter, compared to analysts’ expectations of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, analysts anticipate that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is presently 38.80%.

Analyst Ratings Changes

A number of brokerages have issued reports on GD. Royal Bank Of Canada lifted their price objective on General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. TD Cowen increased their target price on shares of General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. DA Davidson cut their price target on shares of General Dynamics from $384.00 to $375.00 in a report on Thursday, April 30th. Wells Fargo & Company boosted their price target on shares of General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Bank of America upped their price objective 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. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $409.68.

Key General Dynamics News

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

• Positive Sentiment: Major cybersecurity contract: General Dynamics Information Technology won a potential $1.3 billion Enterprise Network Operations and Cybersecurity Support contract for the Army National Guard and other federal partners. The award expands GDIT’s role in government IT, cybersecurity, artificial intelligence and data analytics, supporting expectations for durable defense-related revenue. GDIT Awarded $1.3 Billion Enterprise Network Operations and Cybersecurity Support Contract for the Army National Guard
• Positive Sentiment: Higher analyst price target: Wells Fargo raised its price target for GD to $440, implying further upside and reflecting continued confidence in the defense contractor’s earnings and backlog. Wells Fargo Increases General Dynamics Price Target
• Positive Sentiment: Dividend maintained: General Dynamics declared a quarterly dividend of $1.59 per share, payable November 13 to shareholders of record October 9. The annualized payout is $6.36 per share, representing an approximately 1.6% yield and reinforcing the company’s shareholder-return profile.
• Neutral Sentiment: Board appointment: President Danny Deep was elected to General Dynamics’ board of directors, adding senior operating leadership to the board. The move signals continuity but is unlikely to materially alter near-term earnings expectations. General Dynamics Elects Danny Deep to Board of Directors
• Neutral Sentiment: Mixed analyst commentary: BTIG assigned GD a Hold rating, tempering the more bullish signal from Wells Fargo. General Dynamics Receives a Hold from BTIG
• Neutral Sentiment: Insider selling: The CEO sold approximately $19.7 million of stock and an executive vice president sold approximately $16.3 million. These transactions may raise caution, although insider sales can reflect personal liquidity or diversification rather than a negative business outlook. CEO Insider Sale Executive Vice President Insider Sale

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.