Bellars Harris Wealth Management LLC Takes $5.01 Million Position in General Dynamics Corporation $GD

Key Points

• Bellars Harris Wealth Management acquired 14,157 General Dynamics shares worth approximately $5.01 million in the second quarter. Institutional investors collectively own 86.14% of GD stock.
• General Dynamics reported quarterly EPS of $4.24, beating estimates by $0.28, while revenue rose 8.1% year over year to $14.09 billion. The company issued full-year 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 payout and a 1.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $410.89.

Bellars Harris Wealth Management LLC bought a new position in General Dynamics Corporation (NYSE:GD - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,157 shares of the aerospace company's stock, valued at approximately $5,015,000.

Other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC boosted its holdings 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 valued at $25,000 after purchasing an additional 69 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of General Dynamics during the 1st quarter worth $29,000. Wilkerson Advisory Group LLC increased its holdings in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company's stock worth $30,000 after buying an additional 39 shares during the last quarter. Center for Financial Planning Inc. raised its position in shares of General Dynamics by 220.7% in the 4th quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company's stock worth $31,000 after buying an additional 64 shares during the period. Finally, Motiv8 Investments LLC acquired a new position in General Dynamics in the fourth quarter valued at $31,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

General Dynamics Trading Up 0.6%

Shares of GD opened at $395.46 on Friday. The stock's 50-day moving average is $370.17 and its two-hundred day moving average is $354.71. The stock has a market cap of $106.99 billion, a PE ratio of 24.13, a P/E/G ratio of 2.29 and a beta of 0.33. General Dynamics Corporation has a 12 month low of $306.77 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.

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

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be given a $1.59 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 annualized dividend and a yield of 1.6%. General Dynamics's dividend payout ratio (DPR) is 38.80%.

Wall Street Analyst Weigh In

GD has been the subject of a number of research reports. Citigroup boosted their price target on General Dynamics from $364.00 to $404.00 and gave the company a "neutral" rating in a research report on Thursday, July 30th. 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 lowered General Dynamics from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Sanford C. Bernstein reiterated a "market perform" rating and set a $421.00 target price on shares of General Dynamics in a report on Monday, August 10th. Finally, DA Davidson dropped their target price on shares of General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, General Dynamics has an average rating of "Moderate Buy" and a consensus price target of $410.89.

Insider Buying and Selling at General Dynamics

In other news, EVP Marguerite Amy Gilliland sold 43,180 shares of General Dynamics stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the sale, the executive vice president owned 44,767 shares in the company, valued at $16,923,716.68. This trade represents a 49.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Phebe N. Novakovic sold 51,568 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the transaction, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $293,231,119.06. The trade was a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 100,228 shares of company stock valued at $38,052,853 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

General Dynamics 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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