General Dynamics Corporation $GD Stake Lessened by Arvest Bank Trust Division

Arvest Bank Trust Division lessened its position in General Dynamics Corporation (NYSE:GD) by 23.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,332 shares of the aerospace company’s stock after selling 10,323 shares during the period. Arvest Bank Trust Division’s holdings in General Dynamics were worth $11,366,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Pacer Advisors Inc. grew its holdings in shares of General Dynamics by 3,306.5% in the 3rd quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock worth $297,029,000 after acquiring an additional 845,482 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of General Dynamics by 25.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock valued at $1,003,444,000 after purchasing an additional 691,340 shares during the period. Vanguard Group Inc. increased its stake in General Dynamics by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after purchasing an additional 677,665 shares in the last quarter. Prudential Financial Inc. raised its holdings in General Dynamics by 142.5% during the 2nd quarter. Prudential Financial Inc. now owns 438,311 shares of the aerospace company’s stock worth $127,838,000 after buying an additional 257,534 shares during the period. Finally, AQR Capital Management LLC lifted its stake in General Dynamics by 43.0% during the second quarter. AQR Capital Management LLC now owns 762,168 shares of the aerospace company’s stock valued at $222,294,000 after buying an additional 229,352 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling at General Dynamics

In other news, VP David Paddock sold 20,360 shares of the firm’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the transaction, the vice president owned 36,644 shares in the company, valued at approximately $12,272,808.48. This trade represents a 35.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

General Dynamics Stock Performance

Shares of NYSE GD opened at $347.83 on Tuesday. General Dynamics Corporation has a one year low of $239.20 and a one year high of $369.70. The business’s 50-day moving average price is $350.73 and its two-hundred day moving average price is $338.60. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89. The company has a market capitalization of $94.05 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.08 and a beta of 0.41.

General Dynamics (NYSE:GD) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) 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 business had revenue of $14.38 billion during the quarter, compared to analyst estimates of $13.77 billion. During the same period in the previous year, the company earned $4.15 EPS. The firm’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. Analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 16th were paid a dividend of $1.50 per share. The ex-dividend date was Friday, January 16th. This represents a $6.00 annualized dividend and a dividend yield of 1.7%. General Dynamics’s dividend payout ratio is 38.83%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GD. Vertical Research raised shares of General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research report on Monday, October 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a research report on Thursday, January 22nd. BNP Paribas Exane cut their target price on shares of General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. Bank of America reaffirmed a “buy” rating and issued a $400.00 target price on shares of General Dynamics in a research report on Friday, January 30th. Finally, Robert W. Baird set a $390.00 price target on General Dynamics in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $375.47.

General Dynamics Company 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.