Sanders Capital LLC Reduces Stock Holdings in General Dynamics Corporation $GD

Sanders Capital LLC lessened its position in shares of General Dynamics Corporation (NYSE:GD) by 5.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,732,044 shares of the aerospace company’s stock after selling 208,920 shares during the period. General Dynamics makes up approximately 1.6% of Sanders Capital LLC’s investment portfolio, making the stock its 20th largest position. Sanders Capital LLC’s holdings in General Dynamics were worth $1,272,627,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Crowley Wealth Management Inc. increased its holdings in General Dynamics by 1.4% during the 3rd quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after acquiring an additional 30 shares in the last quarter. First Financial Bankshares Inc lifted its holdings in shares of General Dynamics by 2.6% in the third quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock valued at $408,000 after purchasing an additional 30 shares in the last quarter. Columbus Macro LLC grew its position in shares of General Dynamics by 0.4% in the third quarter. Columbus Macro LLC now owns 8,644 shares of the aerospace company’s stock valued at $2,948,000 after purchasing an additional 33 shares during the last quarter. AGH Wealth Advisors LLC grew its position in shares of General Dynamics by 1.5% in the third quarter. AGH Wealth Advisors LLC now owns 2,253 shares of the aerospace company’s stock valued at $768,000 after purchasing an additional 33 shares during the last quarter. Finally, Cozad Asset Management Inc. increased its stake in shares of General Dynamics by 3.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 914 shares of the aerospace company’s stock worth $312,000 after purchasing an additional 34 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

General Dynamics Stock Down 1.1%

Shares of NYSE GD opened at $351.30 on Friday. The firm has a market cap of $94.99 billion, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 2.12 and a beta of 0.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. The firm’s 50 day moving average price is $356.36 and its 200 day moving average price is $343.54.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The company had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same period in the previous year, the firm posted $4.15 EPS. General Dynamics’s revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, sell-side analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be paid a $1.59 dividend. The ex-dividend date is Friday, April 10th. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a yield of 1.8%. General Dynamics’s payout ratio is currently 38.83%.

Analyst Upgrades and Downgrades

GD has been the topic of a number of recent research reports. Jefferies Financial Group upped their target price on General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Citigroup raised their price target on General Dynamics from $371.00 to $389.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Bank of America reissued a “buy” rating and issued a $400.00 price target on shares of General Dynamics in a report on Friday, January 30th. Wall Street Zen downgraded General Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $376.26.

Insider Activity

In other news, CEO Phebe N. Novakovic sold 32,918 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at $271,394,759.13. This represents a 4.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Mark Lagrand Burns sold 10,153 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the completion of the sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 71,620 shares of company stock valued at $24,952,942 in the last three months. Company insiders own 1.50% of the company’s stock.

Key General Dynamics News

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

• Positive Sentiment: Board approved a quarterly dividend of $1.59 (6% increase), payable May 8 to holders of record April 10 — supports income investor demand and signals confidence in cash flow. Article Title
• Positive Sentiment: Strong 2025 fundamentals: full‑year revenue and backlog strength (record ~$118B backlog, broad-based Marine Systems and Aerospace growth) and FY‑2026 EPS guidance (16.100–16.200) provide visible forward earnings and backlog-driven revenue visibility, underpinning medium‑term upside. Article Title
• Positive Sentiment: U.S. shipbuilding policy and MAP momentum (renewed federal focus and proposed FY2026 naval funding) lift demand prospects for GD’s Bath Iron Works and Electric Boat units — an important structural tailwind for orders and long‑cycle revenue. (Market commentary)
• Neutral Sentiment: Valuation discussion: recent analysis questions whether the current ~\$350s price fully reflects defense‑spending upside vs execution/valuation risk; one‑year performance has been strong, so some profit‑taking is expected. Article Title
• Neutral Sentiment: Technical backdrop: the stock is trading slightly below its 50‑day moving average but above the 200‑day — suggests short‑term consolidation within a longer‑term uptrend.
• Negative Sentiment: Insider selling: CEO Phebe Novakovic sold 32,918 shares (~$11.66M at ~$354.09); EVP Mark Lagrand Burns sold 10,153 shares; EVP Marguerite Gilliland sold 3,819 shares — sizable disclosed reductions that can pressure sentiment despite being taxable/liquidity-driven transactions. SEC/insider filings: Novakovic Trade Burns Trade Gilliland Trade

About General Dynamics

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.