General Dynamics Corporation $GD Holdings Reduced by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its position in shares of General Dynamics Corporation (NYSE:GD) by 5.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,769 shares of the aerospace company’s stock after selling 10,119 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.07% of General Dynamics worth $62,307,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Oxford Financial Group LTD. LLC raised its stake in General Dynamics by 1.9% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,426 shares of the aerospace company’s stock valued at $505,000 after buying an additional 26 shares in the last quarter. Willner & Heller LLC boosted its position in shares of General Dynamics by 1.4% during the 2nd quarter. Willner & Heller LLC now owns 2,050 shares of the aerospace company’s stock worth $726,000 after acquiring an additional 28 shares in the last quarter. Meriwether Wealth & Planning LLC boosted its position in shares of General Dynamics by 0.8% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 3,443 shares of the aerospace company’s stock worth $1,220,000 after acquiring an additional 28 shares in the last quarter. Capital Advisors Inc. OK increased its holdings in shares of General Dynamics by 0.6% in the 2nd quarter. Capital Advisors Inc. OK now owns 4,551 shares of the aerospace company’s stock valued at $1,612,000 after acquiring an additional 29 shares during the last quarter. Finally, Klingman & Associates LLC increased its holdings in shares of General Dynamics by 3.3% in the 1st quarter. Klingman & Associates LLC now owns 949 shares of the aerospace company’s stock valued at $326,000 after acquiring an additional 30 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

General Dynamics Stock Performance

Shares of GD opened at $350.31 on Friday. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The firm has a market cap of $94.78 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 2.02 and a beta of 0.33. The company’s 50 day simple moving average is $354.64 and its 200-day simple moving average is $355.03. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating 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 business had revenue of $14.09 billion for the quarter, compared to analysts’ expectations of $13.52 billion. During the same period in the previous year, the company posted $3.74 EPS. The company’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 analysts predict that General Dynamics Corporation will post 16.99 EPS for the current year.

General Dynamics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be given a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is presently 38.80%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. TD Cowen cut their target price on General Dynamics from $420.00 to $380.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. UBS Group upped their price target on General Dynamics from $395.00 to $408.00 and gave the company a “neutral” rating in a report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $384.00 price target on shares of General Dynamics in a research note on Thursday, July 30th. Citigroup cut their price objective on shares of General Dynamics from $404.00 to $374.00 and set a “neutral” rating on the stock in a report on Wednesday, October 7th. Finally, Bank of America boosted their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $402.32.

Insider Buying and Selling at General Dynamics

In other news, CEO Phebe N. Novakovic sold 51,568 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $382.58, for a total value of $19,728,885.44. Following the completion of the sale, the chief executive officer directly owned 766,457 shares of the company’s stock, valued at approximately $293,231,119.06. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Marguerite Gilliland sold 43,180 shares of the 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 sale, the executive vice president owned 44,767 shares of the company’s stock, valued at $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. Over the last three months, insiders have sold 102,188 shares of company stock worth $38,627,265. 1.40% of the stock is owned by company insiders.

General Dynamics Company Profile

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.