General Dynamics Corporation $GD Stock Purchased by Cyndeo Wealth Partners LLC

Key Points

• Cyndeo Wealth Partners increased its General Dynamics stake by 744.5% in the third quarter, ending with 9,137 shares valued at approximately $3.03 million. Hedge funds and other institutional investors collectively own 86.14% of GD.
• General Dynamics reported quarterly EPS of $4.24, beating estimates of $3.96, while revenue rose 8.1% year over year to $14.09 billion. The company maintained FY 2026 EPS guidance of $16.80–$16.90 and declared a quarterly dividend of $1.59.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $402.32, though RBC cut its target to $360 and cited supply-chain and defense-budget risks. Potentially stronger allied defense spending and a new CEO could provide longer-term catalysts.

Cyndeo Wealth Partners LLC boosted its stake in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 744.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,137 shares of the aerospace company's stock after buying an additional 8,055 shares during the period. Cyndeo Wealth Partners LLC's holdings in General Dynamics were worth $3,032,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Aspiriant LLC lifted its holdings in General Dynamics by 1.7% in the 3rd quarter. Aspiriant LLC now owns 4,776 shares of the aerospace company's stock worth $1,585,000 after purchasing an additional 80 shares during the last quarter. Pension & Wealth Management Advisors Inc. bought a new stake in General Dynamics during the third quarter worth approximately $294,000. Riverbend Wealth Management LLC boosted its position in General Dynamics by 5.8% during the third quarter. Riverbend Wealth Management LLC now owns 3,095 shares of the aerospace company's stock worth $1,027,000 after purchasing an additional 169 shares during the period. Activest Wealth Management grew its holdings in General Dynamics by 146.3% during the third quarter. Activest Wealth Management now owns 101 shares of the aerospace company's stock valued at $34,000 after purchasing an additional 60 shares during the last quarter. Finally, SLT Holdings LLC bought a new position in shares of General Dynamics in the third quarter valued at approximately $222,000. 86.14% of the stock is owned by hedge funds and other institutional investors.

General Dynamics News Roundup

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

• Positive Sentiment: Potentially greater allied defense spending could support General Dynamics over the long term. Proposed changes to Norway’s sovereign wealth fund rules may allow investment in additional Western defense contractors, while broader NATO and AUKUS-related activity reinforces demand for submarines, nuclear systems and other defense capabilities. Norway's $2 trillion wealth fund was frozen out of major defense companies. That may be about to change
• Positive Sentiment: General Dynamics’ leadership transition is receiving attention after the company named Deep as chief executive. A new CEO could provide a catalyst for execution improvements across the defense and information-technology businesses, although the near-term financial impact is unclear. General Dynamics names Deep CEO
• Neutral Sentiment: RBC Capital Markets maintained a Hold/Sector Perform view, indicating that the firm sees balanced upside and downside risks rather than a clear catalyst. Bernstein also reiterated its Hold rating. RBC Capital Remains a Hold on General Dynamics
• Negative Sentiment: RBC cut its price target on GD to $360 from $410 while retaining a Sector Perform rating. The reduction signals diminished near-term confidence in valuation and upside potential. RBC Cuts Price Target on General Dynamics
• Negative Sentiment: RBC also flagged supply-chain challenges and possible defense-budget risks. These issues could delay deliveries, pressure margins or make future revenue growth less predictable. General Dynamics Faces Supply Chain, Budget Risks

Analysts Set New Price Targets

GD has been the subject of a number of analyst reports. Susquehanna boosted their price objective on shares of General Dynamics from $420.00 to $455.00 and gave the stock a "positive" rating in a research note on Thursday, July 30th. Bank of America raised their target price on shares of General Dynamics from $400.00 to $415.00 and gave the company a "buy" rating in a research note on Monday, July 6th. Royal Bank Of Canada lowered their target price on shares of General Dynamics from $410.00 to $360.00 and set a "sector perform" rating on the stock in a research note on Thursday. Wall Street Zen downgraded shares of General Dynamics from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Finally, BNP Paribas Exane boosted their target price on shares of General Dynamics from $390.00 to $430.00 and gave the stock an "outperform" rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $402.32.

General Dynamics Price Performance

Shares of NYSE:GD opened at $343.96 on Friday. The business has a 50 day moving average price of $358.49 and a 200 day moving average price of $355.01. General Dynamics Corporation has a twelve month low of $306.77 and a twelve month high of $400.00. The company has a market cap of $93.06 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.99 and a beta of 0.33. 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 (NYSE:GD - Get Free Report) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.96 by $0.28. The firm had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%. The company's revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Research analysts predict that General Dynamics Corporation will post 16.98 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th 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 of this dividend is Friday, October 9th. General Dynamics's dividend payout ratio is currently 38.80%.

Insider Transactions at General Dynamics

In other news, EVP Marguerite Gilliland sold 43,180 shares of the firm's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the sale, the executive vice president owned 44,767 shares in the company, valued at approximately $16,923,716.68. This trade represents a 49.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Phebe Novakovic sold 51,568 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the transaction, the chief executive officer directly owned 766,457 shares in the company, valued at $293,231,119.06. This trade represents a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 102,188 shares of company stock worth $38,627,265. Insiders own 1.40% of the company's stock.

About General Dynamics

General Dynamics Corporation NYSE: GD is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.

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