Czech National Bank Has $25.59 Million Position in General Dynamics Corporation $GD

Czech National Bank raised its stake in General Dynamics Corporation (NYSE:GD - Free Report) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,247 shares of the aerospace company's stock after acquiring an additional 3,130 shares during the quarter. Czech National Bank's holdings in General Dynamics were worth $25,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GD. Vanguard Group Inc. grew its stake in shares of General Dynamics by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company's stock worth $8,338,169,000 after purchasing an additional 528,769 shares during the period. M&T Bank Corp increased its stake in General Dynamics by 155.6% during the 4th quarter. M&T Bank Corp now owns 104,773 shares of the aerospace company's stock worth $35,273,000 after purchasing an additional 63,781 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of General Dynamics during the fourth quarter worth $7,914,000. Deutsche Bank AG raised its stake in shares of General Dynamics by 12.2% in the 4th quarter. Deutsche Bank AG now owns 939,264 shares of the aerospace company's stock valued at $316,213,000 after purchasing an additional 102,208 shares during the period. Finally, Rayburn West Financial Services LLC acquired a new stake in General Dynamics in the 4th quarter valued at approximately $2,387,000. 86.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GD has been the topic of several recent research reports. Citigroup lifted their price target on shares of General Dynamics from $364.00 to $404.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Royal Bank Of Canada raised their target price on shares of General Dynamics from $385.00 to $410.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 30th. Susquehanna upped their price objective on General Dynamics from $420.00 to $455.00 and gave the company a "positive" rating in a report on Thursday, July 30th. BNP Paribas Exane boosted their price target on General Dynamics from $390.00 to $430.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Finally, TD Cowen boosted their target price on shares of General Dynamics from $390.00 to $420.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, General Dynamics presently has an average rating of "Moderate Buy" and a consensus price target of $409.68.

General Dynamics Stock Up 1.3%

Shares of NYSE GD opened at $391.76 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The company has a market capitalization of $106.00 billion, a P/E ratio of 23.90, a price-to-earnings-growth ratio of 2.24 and a beta of 0.33. The company's 50 day moving average price is $364.83 and its 200-day moving average price is $353.66. General Dynamics Corporation has a 52-week low of $306.77 and a 52-week high of $400.00.

General Dynamics (NYSE:GD - Get Free Report) last issued its quarterly 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 return on equity of 17.43% and a net margin of 8.18%.The firm had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. During the same period last year, the business posted $3.74 EPS. The business'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. Equities analysts forecast that General Dynamics Corporation will post 16.97 earnings per share for the current year.

General Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be paid 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 payout ratio is 38.80%.

Insiders Place Their Bets

In other news, CEO Phebe N. Novakovic sold 51,568 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of the sale, the chief executive officer owned 766,457 shares of the company's stock, valued at $293,231,119.06. This trade represents a 6.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Mark Lagrand Burns sold 36,480 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the transaction, the executive vice president owned 38,975 shares in the company, valued at $13,457,677.75. The trade was a 48.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 172,938 shares of company stock valued at $63,093,675 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

General Dynamics News Roundup

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

• Positive Sentiment: Major cybersecurity contract: General Dynamics Information Technology won a potential $1.3 billion Enterprise Network Operations and Cybersecurity Support contract for the Army National Guard and other federal partners. The award expands GDIT’s role in government IT, cybersecurity, artificial intelligence and data analytics, supporting expectations for durable defense-related revenue. GDIT Awarded $1.3 Billion Enterprise Network Operations and Cybersecurity Support Contract for the Army National Guard
• Positive Sentiment: Higher analyst price target: Wells Fargo raised its price target for GD to $440, implying further upside and reflecting continued confidence in the defense contractor’s earnings and backlog. Wells Fargo Increases General Dynamics Price Target
• Positive Sentiment: Dividend maintained: General Dynamics declared a quarterly dividend of $1.59 per share, payable November 13 to shareholders of record October 9. The annualized payout is $6.36 per share, representing an approximately 1.6% yield and reinforcing the company’s shareholder-return profile.
• Neutral Sentiment: Board appointment: President Danny Deep was elected to General Dynamics’ board of directors, adding senior operating leadership to the board. The move signals continuity but is unlikely to materially alter near-term earnings expectations. General Dynamics Elects Danny Deep to Board of Directors
• Neutral Sentiment: Mixed analyst commentary: BTIG assigned GD a Hold rating, tempering the more bullish signal from Wells Fargo. General Dynamics Receives a Hold from BTIG
• Neutral Sentiment: Insider selling: The CEO sold approximately $19.7 million of stock and an executive vice president sold approximately $16.3 million. These transactions may raise caution, although insider sales can reflect personal liquidity or diversification rather than a negative business outlook. CEO Insider Sale Executive Vice President Insider Sale

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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