Alyeska Investment Group L.P. Buys 62,168 Shares of General Dynamics Corporation $GD

Key Points

• Alyeska Investment Group increased its General Dynamics stake by 64.7% in the second quarter, purchasing 62,168 additional shares and bringing its holdings to 158,245 shares valued at approximately $56.1 million. Institutional investors collectively own 86.14% of the company.
• General Dynamics reported strong quarterly results, with EPS of $4.24 and revenue of $14.09 billion, exceeding analyst estimates and representing 8.1% year-over-year revenue growth. The company maintained fiscal 2026 EPS guidance of $16.80–$16.90.
• The company declared a quarterly dividend of $1.59 per share, equivalent to an annualized $6.36 dividend and a 1.7% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $410.89, although insiders sold more than $38 million of stock over the past 90 days.

Alyeska Investment Group L.P. lifted its stake in General Dynamics Corporation (NYSE:GD - Free Report) by 64.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 158,245 shares of the aerospace company's stock after buying an additional 62,168 shares during the period. Alyeska Investment Group L.P. owned approximately 0.06% of General Dynamics worth $56,057,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GD. Oxford Financial Group LTD. LLC grew its holdings in General Dynamics by 1.9% in the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,426 shares of the aerospace company's stock worth $505,000 after acquiring an additional 26 shares during the last quarter. Willner & Heller LLC raised its stake in shares of General Dynamics by 1.4% during the second quarter. Willner & Heller LLC now owns 2,050 shares of the aerospace company's stock valued at $726,000 after acquiring an additional 28 shares during the last quarter. Meriwether Wealth & Planning LLC boosted its holdings in shares of General Dynamics by 0.8% during the second quarter. Meriwether Wealth & Planning LLC now owns 3,443 shares of the aerospace company's stock worth $1,220,000 after purchasing an additional 28 shares during the period. Capital Advisors Inc. OK grew its stake in shares of General Dynamics by 0.6% in the second quarter. Capital Advisors Inc. OK now owns 4,551 shares of the aerospace company's stock worth $1,612,000 after purchasing an additional 29 shares during the last quarter. Finally, Klingman & Associates LLC increased its holdings in General Dynamics by 3.3% during the 1st quarter. Klingman & Associates LLC now owns 949 shares of the aerospace company's stock valued at $326,000 after purchasing an additional 30 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

General Dynamics Price Performance

GD opened at $379.70 on Monday. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The company has a market cap of $102.73 billion, a price-to-earnings ratio of 23.17, a price-to-earnings-growth ratio of 2.19 and a beta of 0.32. The stock has a fifty day simple moving average of $376.45 and a two-hundred day simple moving average of $356.74. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00.

General Dynamics (NYSE:GD - Get Free Report) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping analysts' consensus estimates of $3.96 by $0.28. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The firm had revenue of $14.09 billion for the quarter, compared to the consensus estimate of $13.52 billion. During the same period in the prior year, the firm earned $3.74 EPS. The company's revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Research analysts predict that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics's payout ratio is currently 38.80%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on GD. Weiss Ratings upgraded General Dynamics from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, July 1st. Wall Street Zen downgraded General Dynamics from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Jefferies Financial Group raised their price target on General Dynamics from $400.00 to $440.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Wells Fargo & Company lifted their price target on shares of General Dynamics from $400.00 to $440.00 and gave the company an "overweight" rating in a report on Tuesday, August 4th. Finally, Susquehanna upped their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the stock a "positive" rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Dynamics currently has a consensus rating of "Moderate Buy" and an average price target of $410.89.

Insider Buying and Selling

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the business's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the sale, the director directly owned 10,643 shares of the company's stock, valued at approximately $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Marguerite Amy Gilliland sold 43,180 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president directly owned 44,767 shares in the company, valued at approximately $16,923,716.68. This represents a 49.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 100,228 shares of company stock worth $38,052,853 in the last 90 days. Insiders own 1.40% of the company's stock.

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.

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