Amundi Boosts Stock Position in General Dynamics Corporation $GD

Amundi raised its holdings in General Dynamics Corporation (NYSE:GD - Free Report) by 7.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,753 shares of the aerospace company's stock after purchasing an additional 10,756 shares during the period. Amundi owned about 0.06% of General Dynamics worth $51,741,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whipplewood Advisors LLC increased its position in shares of General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company's stock worth $25,000 after purchasing an additional 69 shares during the last quarter. Steph & Co. increased its holdings in General Dynamics by 65.2% in the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company's stock valued at $26,000 after buying an additional 30 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in General Dynamics during the first quarter valued at approximately $29,000. Wilkerson Advisory Group LLC raised its stake in General Dynamics by 79.6% during the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company's stock valued at $30,000 after buying an additional 39 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in General Dynamics during the 4th quarter worth approximately $31,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

General Dynamics Stock Up 0.3%

GD stock opened at $384.53 on Monday. The firm has a market cap of $104.04 billion, a PE ratio of 23.46, a P/E/G ratio of 2.22 and a beta of 0.34. General Dynamics Corporation has a 12 month low of $306.03 and a 12 month high of $400.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. The firm has a 50 day simple moving average of $360.75 and a 200 day simple moving average of $352.87.

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

General Dynamics Dividend Announcement

The business 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. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.7%. General Dynamics's payout ratio is 38.80%.

Wall Street Analyst Weigh In

GD has been the subject of several research reports. The Goldman Sachs Group decreased their target price on General Dynamics from $327.00 to $313.00 and set a "sell" rating for the company in a research report on Monday, May 4th. Susquehanna raised 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. TD Cowen boosted their price target on shares of General Dynamics from $390.00 to $420.00 and gave the stock a "buy" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $384.00 price target on shares of General Dynamics in a research note on Thursday. Finally, DA Davidson lowered their price objective on shares of General Dynamics from $384.00 to $375.00 in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $406.32.

Insider Buying and Selling at General Dynamics

In related news, Director Mark Malcolm sold 5,480 shares of the 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 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Mark Lagrand Burns sold 36,480 shares of General Dynamics stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the completion of the transaction, the executive vice president directly owned 38,975 shares in the company, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 78,190 shares of company stock valued at $27,041,022. 1.40% of the stock is currently owned by company insiders.

Key Headlines Impacting General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Strong Q2 results: General Dynamics reported adjusted earnings of $4.24 per share and revenue of $14.09 billion, exceeding estimates of $3.96 and $13.52 billion, respectively. Revenue increased 8.1% year over year, while management highlighted broad-based strength, record backlog and solid cash generation. General Dynamics Corporation Q2 2026 Earnings Call Summary
• Positive Sentiment: Largest catalyst is the submarine award: General Dynamics Electric Boat received $29.5 billion for five Columbia-class submarines and $42.1 billion for nine Virginia-class submarines, plus infrastructure support. The $76.6 billion award strengthens long-term visibility and backlog, although the contract value will be recognized over many years. General Dynamics Electric Boat Submarine Award
• Positive Sentiment: Analyst targets moved higher: Morgan Stanley raised its target to $465 and maintained an overweight rating, Susquehanna lifted its target to $455 with a positive rating, and BNP Paribas Exane raised its target to $430 with an outperform rating. These revisions reflect confidence in GD’s backlog and defense demand.
• Positive Sentiment: Growth profile remains attractive: Zacks cited General Dynamics’ earnings growth, improving business momentum and favorable growth characteristics, while the company maintained fiscal 2026 earnings guidance of approximately $16.80–$16.90 per share. Why General Dynamics Is a Strong Growth Stock
• Neutral Sentiment: Valuation is increasingly debated: Some research indicates the shares could remain below estimated intrinsic value, while other analysts argue that the strong defense outlook is already reflected in the stock’s elevated valuation after its substantial multiyear gains.
• Negative Sentiment: Risks remain: Analysts have cited supply-chain and margin pressures, limited visibility into future U.S. defense spending and potential execution challenges associated with the large submarine program. Several reports maintain neutral or downgrade views despite the strong fundamentals.

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.

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