1,486 Shares in General Dynamics Corporation $GD Bought by SCS Capital Management LLC

SCS Capital Management LLC bought a new stake in shares of General Dynamics Corporation (NYSE:GD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,486 shares of the aerospace company’s stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC boosted its stake in shares of General Dynamics by 1,725.0% in the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after buying an additional 69 shares during the last quarter. Scarborough Advisors LLC purchased a new position in General Dynamics during the first quarter valued at approximately $29,000. Wilkerson Advisory Group LLC lifted its holdings in General Dynamics by 79.6% in the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 39 shares during the period. Motiv8 Investments LLC acquired a new position in General Dynamics in the fourth quarter valued at approximately $31,000. Finally, Center for Financial Planning Inc. boosted its position 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 worth $31,000 after purchasing an additional 64 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

General Dynamics Trading Down 0.1%

Shares of GD stock opened at $395.46 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. The company has a market cap of $106.99 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 2.29 and a beta of 0.32. The stock has a 50 day simple moving average of $370.17 and a 200-day simple moving average of $354.64. General Dynamics Corporation has a 1-year low of $306.77 and a 1-year high of $400.00.

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

General Dynamics Dividend Announcement

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

Wall Street Analysts Forecast Growth

GD has been the topic of a number of analyst reports. DA Davidson dropped their price objective on shares of General Dynamics from $384.00 to $375.00 in a research note on Thursday, April 30th. TD Cowen increased their price target on shares of General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Jefferies Financial Group raised their price target on shares of General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Susquehanna lifted their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group decreased their price objective on shares of General Dynamics from $327.00 to $313.00 and set a “sell” rating for the company in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, General Dynamics has an average rating of “Moderate Buy” and a consensus target price of $410.89.

Insider Transactions at General Dynamics

In other news, Director Mark Malcolm sold 5,480 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total transaction 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. The trade was a 33.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Marguerite Amy Gilliland sold 43,180 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at approximately $16,923,716.68. This trade represents a 49.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 100,228 shares of company stock valued at $38,052,853 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

General Dynamics 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.