General Dynamics Corporation $GD Stake Raised by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its stake in General Dynamics Corporation (NYSE:GD) by 0.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 200,080 shares of the aerospace company’s stock after purchasing an additional 1,426 shares during the quarter. PNC Financial Services Group Inc.’s holdings in General Dynamics were worth $68,671,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Joule Financial LLC lifted its position in shares of General Dynamics by 4.3% in the fourth quarter. Joule Financial LLC now owns 705 shares of the aerospace company’s stock worth $237,000 after buying an additional 29 shares during the last quarter. Brown Miller Wealth Management LLC boosted its position in General Dynamics by 0.3% during the fourth quarter. Brown Miller Wealth Management LLC now owns 8,889 shares of the aerospace company’s stock worth $2,993,000 after purchasing an additional 29 shares during the period. Steph & Co. boosted its position in General Dynamics by 65.2% during the fourth 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. Revolve Wealth Partners LLC grew its position in shares of General Dynamics by 3.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 978 shares of the aerospace company’s stock valued at $329,000 after purchasing an additional 31 shares during the last quarter. Finally, New Wave Wealth Advisors LLC increased its holdings in shares of General Dynamics by 4.4% during the 4th quarter. New Wave Wealth Advisors LLC now owns 733 shares of the aerospace company’s stock worth $247,000 after purchasing an additional 31 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GD has been the subject of a number of research reports. Morgan Stanley raised their target price on General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Wells Fargo & Company started coverage on General Dynamics in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $400.00 price target for the company. Citigroup lowered their price target on shares of General Dynamics from $380.00 to $364.00 and set a “neutral” rating on the stock in a report on Monday, May 18th. UBS Group raised shares of General Dynamics from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, DA Davidson reduced their price objective on General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, General Dynamics presently has an average rating of “Moderate Buy” and a consensus price target of $391.15.

General Dynamics News Roundup

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

• Positive Sentiment: General Dynamics hit a new 52-week high after reports highlighted an earnings beat, analyst upgrades, and a $209 million defense contract modification that reinforces its backlog and revenue visibility. General Dynamics (GD) Stock Surges to 52-Week Peak in July 2026
• Positive Sentiment: Investor sentiment is also being lifted by broad defense-sector strength, with peers posting strong earnings and raising guidance, which is boosting expectations for GD’s upcoming quarterly report. Why General Dynamics (GD) Stock Is Up Today
• Positive Sentiment: Analysts and valuation-focused coverage continue to frame GD as attractive, with articles calling it a top long-term value stock and comparing it favorably with other aerospace-defense names. Why General Dynamics (GD) is a Top Value Stock for the Long-Term

General Dynamics Price Performance

Shares of General Dynamics stock opened at $380.99 on Friday. The firm has a market capitalization of $103.03 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 2.25 and a beta of 0.34. General Dynamics Corporation has a 12 month low of $306.03 and a 12 month high of $387.69. The business’s 50-day moving average price is $355.14 and its 200-day moving average price is $351.52. The company has a current ratio of 1.38, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

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

General Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 2nd will be given a dividend of $1.59 per share. The ex-dividend date is Thursday, July 2nd. This represents a $6.36 annualized dividend and a yield of 1.7%. General Dynamics’s payout ratio is 40.03%.

Insiders Place Their Bets

In other General Dynamics 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 value of $12,596,179.20. Following the transaction, the executive vice president owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction on 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 sale, the director owned 10,643 shares of the company’s stock, valued at $3,884,695. This represents a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 78,190 shares of company stock valued at $27,041,022 in the last quarter. 1.40% of the stock is currently owned by company 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.