General Dynamics Corporation $GD Stock: Rakuten Investment Management Inc. Grows Position

Rakuten Investment Management Inc. grew its position in General Dynamics Corporation (NYSE:GD) by 9.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,014 shares of the aerospace company’s stock after buying an additional 3,857 shares during the quarter. Rakuten Investment Management Inc.’s holdings in General Dynamics were worth $14,628,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Whipplewood Advisors LLC lifted its position in shares of General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 69 shares during the period. Wellington Altus USA Inc. increased its holdings in General Dynamics by 77.8% during the second quarter. Wellington Altus USA Inc. now owns 80 shares of the aerospace company’s stock valued at $27,000 after buying an additional 35 shares during the period. Downshift Financial LLC raised its stake in General Dynamics by 134.3% in the third quarter. Downshift Financial LLC now owns 82 shares of the aerospace company’s stock worth $27,000 after buying an additional 47 shares in the last quarter. Morton Brown Family Wealth LLC raised its stake in General Dynamics by 182.8% in the third quarter. Morton Brown Family Wealth LLC now owns 82 shares of the aerospace company’s stock worth $27,000 after buying an additional 53 shares in the last quarter. Finally, John Boyer Inc. purchased a new stake in General Dynamics during the third quarter worth $28,000. Institutional investors own 86.14% of the company’s stock.

General Dynamics News Summary

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

• Positive Sentiment: Zacks upgraded GD to Rank #2 (Buy), citing improving earnings prospects—a potentially supportive signal for near-term sentiment. Zacks upgrade article
• Positive Sentiment: General Dynamics raised its FY 2026 outlook to EPS of $17.20–$17.30 and revenue of $56.5–$56.8 billion, above the cited consensus estimates of $17.00 and $55.9 billion, respectively. Guidance report
• Positive Sentiment: Analyst coverage was broadly constructive: Citigroup reportedly expects the stock to rise, RBC raised its price target, and Morgan Stanley lifted its target to $480 with an Overweight rating. Morgan Stanley cited Marine Systems productivity gains and a Gulfstream delivery ramp as growth supports. Morgan Stanley analysis
• Neutral Sentiment: Coverage highlighted GD’s sizable backlog as a source of potential long-term demand, while also flagging execution risks. The supplied article details do not specify the risks. Backlog analysis
• Neutral Sentiment: A comparison of General Dynamics and GE Aerospace against their sector was published, but the summary provided does not include performance figures or a clear implication for GD. Sector comparison
• Negative Sentiment: The execution concerns mentioned in backlog coverage could weigh on investor sentiment if delivery or program performance falls short, though no specific issue was provided.

General Dynamics Stock Down 2.5%

General Dynamics stock opened at $365.13 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.43 and a quick ratio of 0.94. The stock has a market capitalization of $98.66 billion, a PE ratio of 21.48, a price-to-earnings-growth ratio of 2.15 and a beta of 0.30. The business has a 50 day simple moving average of $350.79 and a 200-day simple moving average of $355.13. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Friday, October 30th. The aerospace company reported $4.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.37. General Dynamics had a net margin of 8.24% and a return on equity of 17.60%. The firm had revenue of $14.57 billion for the quarter, compared to analysts’ expectations of $13.72 billion. During the same quarter last year, the company earned $3.88 EPS. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, analysts anticipate that General Dynamics Corporation will post 17.29 EPS for the current fiscal year.

Insider Activity

In other General Dynamics news, Director Robert K. Steel sold 7,440 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $346.05, for a total value of $2,574,612.00. Following the completion of the sale, the director directly owned 3,096 shares of the company’s stock, valued at $1,071,370.80. This trade represents a 70.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

GD has been the topic of a number of analyst reports. Sanford C. Bernstein lifted their price target on General Dynamics from $365.00 to $386.00 and gave the company a “market perform” rating in a report on Tuesday. TD Cowen dropped their price objective 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. Morgan Stanley lifted their target price on General Dynamics from $465.00 to $480.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup boosted their target price on shares of General Dynamics from $374.00 to $400.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Susquehanna increased their price target on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $408.94.

About General Dynamics

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.