General Dynamics Corporation $GD Stake Reduced by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its General Dynamics stake by 98.5% in the third quarter, selling 213,364 shares and retaining 3,159 shares valued at approximately $1.05 million. Institutional investors collectively own 86.14% of the company.
• General Dynamics reported stronger-than-expected quarterly results, with EPS of $4.24 versus the $3.96 consensus and revenue of $14.09 billion, up 8.1% year over year. The company maintained fiscal 2026 EPS guidance of $16.80–$16.90.
• Analyst sentiment remains a “Moderate Buy”, with an average price target of $402.32, while the company declared a quarterly dividend of $1.59 per share, representing a 1.9% annualized yield.

Curated Wealth Partners LLC trimmed its holdings in General Dynamics Corporation (NYSE:GD - Free Report) by 98.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,159 shares of the aerospace company's stock after selling 213,364 shares during the quarter. Curated Wealth Partners LLC's holdings in General Dynamics were worth $1,048,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. WealthPlan Investment Management LLC lifted its holdings in shares of General Dynamics by 38.3% during the third quarter. WealthPlan Investment Management LLC now owns 819 shares of the aerospace company's stock valued at $272,000 after purchasing an additional 227 shares during the last quarter. Nvwm LLC boosted its position in shares of General Dynamics by 122.4% in the 3rd quarter. Nvwm LLC now owns 367 shares of the aerospace company's stock valued at $122,000 after purchasing an additional 202 shares during the period. B.A. Schrock Wealth Management Inc. acquired a new position in shares of General Dynamics in the 3rd quarter valued at $779,000. Weil Company Inc. increased its stake in General Dynamics by 14.4% in the 3rd quarter. Weil Company Inc. now owns 733 shares of the aerospace company's stock worth $243,000 after purchasing an additional 92 shares in the last quarter. Finally, Columbus Macro LLC increased its stake in General Dynamics by 1.2% in the 3rd quarter. Columbus Macro LLC now owns 8,689 shares of the aerospace company's stock worth $2,883,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

Insider Activity

In other news, CEO Phebe Novakovic sold 51,568 shares of the company's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $382.58, for a total value of $19,728,885.44. Following the transaction, the chief executive officer owned 766,457 shares in the company, valued at $293,231,119.06. This represents a 6.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Marguerite Gilliland sold 43,180 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 44,767 shares of the company's stock, valued at $16,923,716.68. This trade represents a 49.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 102,188 shares of company stock worth $38,627,265 in the last 90 days. Company insiders own 1.40% of the company's stock.

General Dynamics Stock Performance

Shares of GD stock opened at $336.97 on Friday. The company has a market capitalization of $91.17 billion, a price-to-earnings ratio of 20.56, a P/E/G ratio of 1.93 and a beta of 0.33. General Dynamics Corporation has a 1-year low of $306.77 and a 1-year high of $400.00. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The stock's fifty day simple moving average is $359.44 and its 200-day simple moving average is $355.08.

General Dynamics (NYSE:GD - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior year, the business earned $3.74 EPS. The business's revenue for the quarter 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, sell-side analysts predict that General Dynamics Corporation will post 16.98 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be issued a $1.59 dividend. The ex-dividend date is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.9%. General Dynamics's dividend payout ratio is currently 38.80%.

Wall Street Analyst Weigh In

A number of analysts have commented on GD shares. Sanford C. Bernstein reduced their price objective on shares of General Dynamics from $407.00 to $365.00 and set a "market perform" rating for the company in a research note on Wednesday. Royal Bank Of Canada decreased their target price on shares of General Dynamics from $410.00 to $360.00 and set a "sector perform" rating for the company in a report on Thursday. Citigroup dropped their target price on shares of General Dynamics from $404.00 to $374.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 7th. Morgan Stanley boosted their price target on shares of General Dynamics from $435.00 to $465.00 and gave the company an "overweight" rating in a report on Thursday, July 30th. Finally, TD Cowen reduced their price target on shares of General Dynamics from $420.00 to $380.00 and set a "buy" rating for the company in a research report on Friday, October 9th. One research 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $402.32.

About General Dynamics

General Dynamics Corporation NYSE: GD is an aerospace and defense company that develops and delivers products and services for government and commercial customers. The company operates through four primary business segments: Aerospace, Marine Systems, Combat Systems, and Technologies.

Its Aerospace segment designs and manufactures Gulfstream business jets and provides aircraft support services. Marine Systems builds nuclear-powered submarines and surface ships for the U.S. Navy, while Combat Systems produces armored vehicles, combat systems, weapons, and munitions.

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