Insider Selling: General Dynamics (NYSE:GD) CEO Sells $11,655,934.62 in Stock

General Dynamics Corporation (NYSE:GD) CEO Phebe Novakovic sold 32,918 shares of General Dynamics stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $271,394,759.13. The trade was a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

General Dynamics Stock Down 1.1%

Shares of NYSE:GD opened at $351.30 on Monday. The firm has a market capitalization of $94.99 billion, a P/E ratio of 22.74, a P/E/G ratio of 2.10 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. The stock has a 50 day moving average price of $356.36 and a 200-day moving average price of $343.82. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week high of $369.70.

General Dynamics (NYSE:GD) last released 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. The company had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities research analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GD. Jefferies Financial Group lifted their price target on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. UBS Group set a $393.00 target price on shares of General Dynamics in a research note on Thursday, January 29th. Wolfe Research lifted their target price on shares of General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Susquehanna reissued a “positive” rating and issued a $420.00 price target on shares of General Dynamics in a research report on Thursday, January 15th. Finally, BNP Paribas Exane cut their price target on General Dynamics from $420.00 to $410.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $376.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. WASHINGTON TRUST Co boosted its stake in shares of General Dynamics by 453.3% in the 3rd quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock worth $3,212,000 after buying an additional 7,716 shares during the last quarter. Rockland Trust Co. increased its position in General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock valued at $3,597,000 after acquiring an additional 9,235 shares during the last quarter. Gold Investment Management Ltd. lifted its holdings in General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock valued at $3,649,000 after acquiring an additional 4,532 shares during the period. Envestnet Asset Management Inc. boosted its position in General Dynamics by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company’s stock worth $312,842,000 after purchasing an additional 32,262 shares during the last quarter. Finally, Davis Capital Management purchased a new position in General Dynamics in the third quarter worth about $1,007,000. 86.14% of the stock is owned by institutional investors.

General Dynamics News Roundup

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.