Gateway Wealth Partners LLC purchased a new stake in General Dynamics Corporation (NYSE:GD – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,553 shares of the aerospace company’s stock, valued at approximately $533,000.
A number of other institutional investors have also made changes to their positions in the business. Whipplewood Advisors LLC grew its holdings in General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after buying an additional 69 shares during the last quarter. Steph & Co. lifted its holdings in shares of 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 buying an additional 30 shares during the last quarter. Scarborough Advisors LLC bought a new stake in shares of General Dynamics in the first quarter valued at approximately $29,000. Wilkerson Advisory Group LLC boosted its position in shares of 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. Finally, Motiv8 Investments LLC acquired a new stake in shares of General Dynamics in the fourth quarter worth $31,000. 86.14% of the stock is currently owned by institutional investors.
General Dynamics Stock Performance
Shares of NYSE GD opened at $383.34 on Friday. The firm has a market capitalization of $103.67 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.29 and a beta of 0.34. General Dynamics Corporation has a one year low of $306.03 and a one year high of $400.00. The business has a fifty day simple moving average of $359.92 and a 200 day simple moving average of $352.70. The company has a current ratio of 1.44, a quick ratio of 0.90 and a debt-to-equity ratio of 0.23.
General Dynamics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be given a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s payout ratio is 38.80%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on GD shares. JPMorgan Chase & Co. boosted their target price on shares of General Dynamics from $385.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. UBS Group raised shares of General Dynamics from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $384.00 price target on shares of General Dynamics in a research report on Thursday. Robert W. Baird set a $430.00 price objective on shares of General Dynamics in a report on Thursday. Finally, Susquehanna increased their target price on shares of General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $406.32.
Insider Activity
In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the firm’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 transaction, the director owned 10,643 shares in the company, valued at $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark Lagrand Burns sold 36,480 shares of General Dynamics stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total value of $12,596,179.20. Following the sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,457,677.75. The trade was a 48.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 78,190 shares of company stock worth $27,041,022. 1.40% of the stock is owned by company insiders.
Key Headlines Impacting General Dynamics
Here are the key news stories impacting General Dynamics this week:
- Positive Sentiment: Quarterly results exceeded expectations. General Dynamics reported Q2 EPS of $4.24 versus the $3.96 consensus, while revenue rose 8.1% year over year to $14.1 billion, beating estimates of approximately $13.5 billion. All four business segments grew, operating margin expanded to 10.4%, and operating cash flow reached $1.9 billion. General Dynamics Reports Second-Quarter 2026 Financial Results
- Positive Sentiment: Backlog and new orders support future revenue. Q2 orders totaled $20 billion, producing a 1.4-to-1 book-to-bill ratio and a record $136.5 billion backlog. Management also raised or reaffirmed 2026 guidance at $16.80-$16.90 in EPS and approximately $55.7 billion in revenue, above current analyst expectations. General Dynamics Q2 revenue rises 8.1% to $14.1 billion
- Positive Sentiment: A $76.6 billion Navy award strengthens the long-term outlook. Electric Boat received contracts for five Columbia-class and nine Virginia-class submarines, plus shipyard infrastructure support. The award should improve visibility and capacity utilization for General Dynamics’ Marine Systems business for years. General Dynamics Electric Boat submarine award
- Positive Sentiment: Analysts raised targets following the results. Morgan Stanley lifted its target to $465 and assigned an overweight rating; Susquehanna raised its target to $455 with a positive rating; and BNP Paribas Exane increased its target to $430 with an outperform rating.
- Neutral Sentiment: Some analysts remain cautious because visibility into future U.S. defense spending is limited, despite strong fundamentals. Balanced View on General Dynamics
- Negative Sentiment: Valuation-related downgrades could limit further gains. Seeking Alpha commentators argued that strong contract tailwinds may already be reflected in the share price and that the stock’s valuation is expensive. General Dynamics: Strong Tailwinds, But The Valuation Is Pricey
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.
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