General Dynamics Corporation $GD Shares Sold by KMG Fiduciary Partners LLC

Key Points

• KMG Fiduciary Partners cut its General Dynamics stake by 52% in the second quarter, selling 9,687 shares and retaining 8,940 shares valued at approximately $3.17 million. Institutional investors overall own 86.14% of the company.
• General Dynamics reported a quarterly earnings beat, with EPS of $4.24 versus $3.96 expected and revenue of $14.09 billion, up 8.1% year over year. The company maintained fiscal 2026 EPS guidance of $16.80–$16.90.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $410.89, while insiders sold roughly $38.1 million of stock over the past 90 days. General Dynamics also announced a quarterly dividend of $1.59 per share, yielding about 1.6% annually.

KMG Fiduciary Partners LLC reduced its stake in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 52.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 8,940 shares of the aerospace company's stock after selling 9,687 shares during the period. KMG Fiduciary Partners LLC's holdings in General Dynamics were worth $3,167,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in General Dynamics by 118.3% in the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company's stock valued at $567,372,000 after acquiring an additional 901,679 shares during the period. Northern Trust Corp grew its stake in shares of General Dynamics by 35.0% during the 3rd quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company's stock worth $1,136,525,000 after purchasing an additional 863,392 shares during the period. Balyasny Asset Management L.P. increased its holdings in shares of General Dynamics by 831.1% during the 3rd quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company's stock valued at $251,405,000 after purchasing an additional 658,081 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of General Dynamics by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company's stock valued at $8,338,169,000 after purchasing an additional 528,769 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of General Dynamics by 613.0% in the 4th quarter. Corient Private Wealth LLC now owns 613,732 shares of the aerospace company's stock valued at $206,619,000 after purchasing an additional 527,651 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 Marguerite Amy Gilliland sold 43,180 shares of the firm's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the completion of the transaction, the executive vice president directly 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 filing with the SEC, which is available at the SEC website. Also, Director Mark Malcolm sold 5,480 shares of the business's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the sale, the director owned 10,643 shares in the company, valued at $3,884,695. This represents a 33.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,228 shares of company stock worth $38,052,853 over the last ninety days. Corporate insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

GD has been the topic of several analyst reports. UBS Group raised their price target on shares of General Dynamics from $366.00 to $395.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on shares of General Dynamics from $385.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $384.00 target price on shares of General Dynamics in a research note on Thursday, July 30th. The Goldman Sachs Group cut their price target on General Dynamics from $327.00 to $313.00 and set a "sell" rating for the company in a research note on Monday, May 4th. Finally, DA Davidson reduced their price target on General Dynamics from $384.00 to $375.00 in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, General Dynamics currently has an average rating of "Moderate Buy" and a consensus target price of $410.89.

General Dynamics Price Performance

General Dynamics stock opened at $395.64 on Tuesday. The company has a fifty day simple moving average of $365.96 and a 200-day simple moving average of $353.82. The firm has a market capitalization of $107.04 billion, a price-to-earnings ratio of 24.14, a PEG ratio of 2.27 and a beta of 0.32. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. 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 released its 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 net margin of 8.18% and a return on equity of 17.43%. The business had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same period last year, the company posted $3.74 EPS. The business's revenue was up 8.1% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities analysts anticipate that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Dividend Announcement

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

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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