General Dynamics Corporation $GD Stock Position Decreased by ProShare Advisors LLC

ProShare Advisors LLC decreased its position in General Dynamics Corporation (NYSE:GD) by 9.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 579,385 shares of the aerospace company’s stock after selling 63,707 shares during the quarter. ProShare Advisors LLC owned about 0.21% of General Dynamics worth $197,570,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GD. State Street Corp raised its holdings in shares of General Dynamics by 1.1% during the 2nd quarter. State Street Corp now owns 11,140,437 shares of the aerospace company’s stock valued at $3,249,220,000 after purchasing an additional 119,664 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in General Dynamics by 25.2% during the second quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock valued at $1,003,444,000 after buying an additional 691,340 shares in the last quarter. Invesco Ltd. lifted its position in shares of General Dynamics by 0.4% in the second quarter. Invesco Ltd. now owns 2,385,573 shares of the aerospace company’s stock worth $695,776,000 after buying an additional 9,283 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of General Dynamics by 2.5% during the 2nd quarter. Franklin Resources Inc. now owns 1,712,190 shares of the aerospace company’s stock worth $499,377,000 after acquiring an additional 41,349 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of General Dynamics by 1.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,598,847 shares of the aerospace company’s stock valued at $466,320,000 after acquiring an additional 16,459 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

Insider Activity

In other General Dynamics news, VP David Paddock sold 20,360 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total value of $6,818,971.20. Following the transaction, the vice president directly owned 36,644 shares in the company, valued at $12,272,808.48. The trade was a 35.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by company insiders.

General Dynamics Stock Performance

NYSE:GD opened at $360.37 on Monday. The firm’s 50-day moving average is $349.09 and its 200-day moving average is $337.03. The company has a market cap of $97.44 billion, a price-to-earnings ratio of 23.32, a PEG ratio of 2.15 and a beta of 0.41. 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 52-week low of $239.20 and a 52-week high of $369.70.

General Dynamics (NYSE:GD) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $13.77 billion. During the same quarter last year, the firm earned $4.15 EPS. General Dynamics’s revenue for the quarter was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities research analysts anticipate that General Dynamics Corporation will post 14.83 earnings per share for the current year.

General Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 16th were issued a $1.50 dividend. The ex-dividend date of this dividend 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 presently 38.83%.

Analyst Ratings Changes

Several research firms recently weighed in on GD. Morgan Stanley boosted their target price on General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Vertical Research upgraded shares of General Dynamics from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a research note on Monday, October 27th. Jefferies Financial Group raised their target price on shares of General Dynamics from $360.00 to $385.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. TD Cowen lifted their target price on shares of General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Argus upped their price target on shares of General Dynamics from $345.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.