General Dynamics Corporation $GD Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in General Dynamics by 1.1% in Q4, selling 6,689 shares and now holding 609,613 shares worth about $205.2 million, while institutional investors own roughly 86.14% of the company.
• Insiders have been net sellers: EVP Mark Lagrand Burns sold 10,153 shares at about $354.95 and VP Mark Rayha sold 4,370 shares at about $348.79, with insiders offloading 51,260 shares (~$18.13M) in the past 90 days and owning 1.40% of the stock.
• Analysts remain broadly positive (MarketBeat consensus "Moderate Buy," average target $384.53) as GD beat quarterly EPS and revenue expectations, set FY2026 guidance of ~16.10–16.20 EPS, and raised its quarterly dividend to $1.59 ($6.36 annual, ~1.9% yield).

Sumitomo Mitsui Trust Group Inc. cut its stake in General Dynamics Corporation (NYSE:GD - Free Report) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 609,613 shares of the aerospace company's stock after selling 6,689 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.23% of General Dynamics worth $205,232,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in General Dynamics by 16.9% during the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company's stock worth $760,000 after buying an additional 417 shares during the last quarter. Acadian Asset Management LLC raised its position in General Dynamics by 140.2% during the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company's stock worth $938,000 after buying an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in General Dynamics during the 2nd quarter worth approximately $240,000. Flow Traders U.S. LLC purchased a new position in General Dynamics during the 2nd quarter worth approximately $352,000. Finally, Jump Financial LLC purchased a new position in General Dynamics during the 2nd quarter worth approximately $1,284,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Mark Lagrand Burns sold 10,153 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total value of $3,603,807.35. Following the sale, the executive vice president owned 38,975 shares of the company's stock, valued at approximately $13,834,176.25. This trade represents a 20.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction on Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the sale, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 51,260 shares of company stock worth $18,133,971 over the last 90 days. Company insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on GD shares. Weiss Ratings reissued a "buy (b)" rating on shares of General Dynamics in a research report on Thursday, January 22nd. Argus raised their price target on shares of General Dynamics from $380.00 to $395.00 and gave the stock a "buy" rating in a research report on Thursday, February 19th. Bank of America reissued a "buy" rating and set a $400.00 price target on shares of General Dynamics in a research report on Friday, January 30th. JPMorgan Chase & Co. raised their price target on shares of General Dynamics from $380.00 to $385.00 and gave the stock an "overweight" rating in a research report on Friday, December 19th. Finally, Wolfe Research raised their price target on shares of General Dynamics from $400.00 to $415.00 and gave the stock an "outperform" rating in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $384.53.

General Dynamics Price Performance

Shares of NYSE GD opened at $334.78 on Monday. The stock has a market capitalization of $90.67 billion, a price-to-earnings ratio of 21.67, a PEG ratio of 2.24 and a beta of 0.38. General Dynamics Corporation has a 12 month low of $262.84 and a 12 month high of $369.70. The firm's 50 day simple moving average is $351.70 and its 200-day simple moving average is $347.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 0.89.

General Dynamics (NYSE:GD - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping analysts' consensus estimates of $4.11 by $0.06. The business had revenue of $14.38 billion for the quarter, compared to analysts' expectations of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The business's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Analysts expect that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The company 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 dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from General Dynamics's previous quarterly dividend of $1.50. General Dynamics's dividend payout ratio is 41.17%.

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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