Danske Bank A S Buys 15,443 Shares of General Dynamics Corporation $GD

Key Points

• Danske Bank A/S increased its stake in General Dynamics by 24.3% in Q4, buying 15,443 shares to hold 78,946 shares worth about $26.58 million per its 13F filing.
• General Dynamics beat Q1 estimates (EPS $4.10 vs. $3.67; revenue $13.48B vs. $12.7B) and raised FY26 guidance to $16.45–$16.55, sparking price‑target upgrades from Morgan Stanley ($435) and JPMorgan ($400).
• Insiders sold 51,260 shares in the last quarter while the company raised its quarterly dividend to $1.59 (annualized $6.36, ~1.8% yield); institutional investors own about 86.1% of the stock.

Danske Bank A S increased its stake in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 24.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 78,946 shares of the aerospace company's stock after buying an additional 15,443 shares during the period. Danske Bank A S's holdings in General Dynamics were worth $26,578,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Dunhill Financial LLC boosted its holdings in General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company's stock valued at $25,000 after purchasing an additional 62 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in General Dynamics in the 3rd quarter valued at about $25,000. Dagco Inc. bought a new stake in General Dynamics in the 4th quarter valued at about $25,000. Burkett Financial Services LLC boosted its holdings in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 65 shares during the period. Finally, Steph & Co. boosted its holdings in General Dynamics by 65.2% in the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 30 shares during the period. Institutional investors own 86.14% of the company's stock.

Key General Dynamics News

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

• Positive Sentiment: Q1 beat and guidance raise: GD reported EPS $4.10 vs. $3.67 est., revenue ~$13.5B vs. $12.7B est., bookings ~$26.6B and backlog ~ $131B; management raised FY26 EPS guidance to $16.45–$16.55 — the core catalyst lifting the stock. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: High‑profile price target upgrades: Morgan Stanley raised its target to $435 (overweight) and JPMorgan lifted its target to $400 (overweight), signaling dealer confidence in GD’s Marine and Aerospace momentum. Morgan Stanley raises price target on General Dynamics to $435
• Neutral Sentiment: Analysts mixed but generally positive: RBC reaffirmed a sector‑perform view with a $385 target, keeping some moderation in expectations despite the beat. RBC reaffirms sector perform on GD
• Neutral Sentiment: Defense demand backdrop: industry writes point to stronger defense spending and large backlogs (e.g., Northrop Grumman’s backlog), and reports that U.S. bases in the Middle East may need rebuilding — supportive for long‑term revenue but increases near‑term volatility. Northrop Grumman Gains From Strong Backlog and Rising Defense Demand
• Negative Sentiment: Some broker trims: BNP Paribas Exane cut its target to $390 (still outperform) and DA Davidson trimmed its target to $375 — these reductions add near‑term pressure and show differing views on sustainable upside. BNP Paribas adjusts price target on General Dynamics to $390 from $430 DA Davidson trims price target on General Dynamics to $375

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GD. Sanford C. Bernstein reissued a "market perform" rating and issued a $398.00 price objective on shares of General Dynamics in a report on Monday, January 12th. Jefferies Financial Group cut their price objective on shares of General Dynamics from $385.00 to $380.00 and set a "hold" rating for the company in a report on Tuesday, April 7th. UBS Group cut their price objective on shares of General Dynamics from $385.00 to $371.00 and set a "neutral" rating for the company in a report on Thursday. Royal Bank Of Canada reissued a "sector perform" rating and issued a $385.00 price objective on shares of General Dynamics in a report on Thursday. Finally, Susquehanna reissued a "positive" rating and issued a $420.00 price objective on shares of General Dynamics in a report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, General Dynamics presently has a consensus rating of "Moderate Buy" and a consensus price target of $387.70.

Insider Activity at General Dynamics

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $15,825,134.50. This represents a 7.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the transaction, the vice president owned 7,936 shares of the company's stock, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 51,260 shares of company stock valued at $18,133,971 in the last quarter. 1.40% of the stock is owned by company insiders.

General Dynamics Price Performance

Shares of NYSE:GD opened at $345.49 on Friday. The firm has a 50 day moving average of $345.59 and a 200-day moving average of $346.26. The stock has a market capitalization of $93.43 billion, a PE ratio of 21.74, a PEG ratio of 2.31 and a beta of 0.34. The company has a current ratio of 1.38, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. General Dynamics Corporation has a 12 month low of $266.98 and a 12 month high of $369.70.

General Dynamics (NYSE:GD - Get Free Report) last issued its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, beating the consensus estimate of $3.67 by $0.43. The company had revenue of $13.48 billion during the quarter, compared to analysts' expectations of $12.70 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $3.66 EPS. On average, equities research analysts predict that General Dynamics Corporation will post 16.46 EPS for the current fiscal year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, April 10th. This is a boost from General Dynamics's previous quarterly dividend of $1.50. General Dynamics's dividend payout ratio is presently 40.03%.

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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