General Dynamics Corporation $GD Shares Purchased by Strs Ohio

Key Points

• Strs Ohio raised its stake in General Dynamics (NYSE:GD) by 21.8% in Q4 to 72,564 shares worth $24.43 million, while Vanguard now holds 24,767,330 shares (~$8.34 billion) and institutional investors collectively own 86.14% of the stock, signaling heavy institutional accumulation.
• Q1 beat and guidance raise: General Dynamics reported EPS of $4.10 vs. $3.67 est. and revenue of $13.48B vs. $12.70B est., and management raised FY26 EPS guidance to $16.45–$16.55, prompting analyst upgrades and higher price targets.
• Insider selling: Company insiders sold 51,260 shares over the past three months (about $18.13M), reducing insider ownership to 1.40%, with notable sales by EVP Mark Lagrand Burns and VP Mark Rayha.

Strs Ohio increased its holdings in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 21.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,564 shares of the aerospace company's stock after acquiring an additional 12,992 shares during the quarter. Strs Ohio's holdings in General Dynamics were worth $24,429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. WASHINGTON TRUST Co boosted its position in shares of General Dynamics by 453.3% in the third quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company's stock worth $3,212,000 after buying an additional 7,716 shares during the period. Rockland Trust Co. boosted its position in shares of General Dynamics by 703.4% in the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company's stock worth $3,597,000 after buying an additional 9,235 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of General Dynamics by 3.6% in the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company's stock worth $312,842,000 after buying an additional 32,262 shares during the period. Gold Investment Management Ltd. boosted its position in shares of General Dynamics by 73.5% in the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company's stock worth $3,649,000 after buying an additional 4,532 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of General Dynamics by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company's stock worth $8,338,169,000 after buying an additional 528,769 shares during the period. Institutional investors and hedge funds own 86.14% of the company's stock.

Insiders Place Their Bets

In other news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.95, for a total value of $3,603,807.35. Following the transaction, the executive vice president directly owned 38,975 shares in the company, valued at approximately $13,834,176.25. The trade was a 20.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the transaction, the vice president owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 51,260 shares of company stock valued at $18,133,971. Company insiders own 1.40% of the company's stock.

General Dynamics Trading Up 0.3%

General Dynamics stock opened at $345.49 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.38. The business's 50-day simple moving average is $345.59 and its 200-day simple moving average is $346.26. The firm 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. General Dynamics Corporation has a 52 week low of $266.98 and a 52 week high of $369.70.

General Dynamics (NYSE:GD - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, topping analysts' consensus estimates of $3.67 by $0.43. The business had revenue of $13.48 billion for the quarter, compared to analyst estimates of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The firm's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $3.66 earnings per share. Equities research analysts forecast that General Dynamics Corporation will post 16.46 earnings per share for the current year.

General Dynamics Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on GD shares. Wall Street Zen raised General Dynamics from a "hold" rating to a "buy" rating in a research report on Saturday. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $398.00 target price on shares of General Dynamics in a research report on Monday, January 12th. Bank of America reissued a "buy" rating and set a $400.00 price objective on shares of General Dynamics in a research report on Friday, January 30th. Jefferies Financial Group reduced their price objective on General Dynamics from $385.00 to $380.00 and set a "hold" rating for the company in a research report on Tuesday, April 7th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of General Dynamics in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, General Dynamics currently has a consensus rating of "Moderate Buy" and a consensus target price of $387.70.

More 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

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.

Want to see what other hedge funds are holding GD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Dynamics Corporation (NYSE:GD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.