Horizon Investments LLC Sells 4,186 Shares of General Dynamics Corporation $GD

Horizon Investments LLC cut its holdings in General Dynamics Corporation (NYSE:GD - Free Report) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,325 shares of the aerospace company's stock after selling 4,186 shares during the quarter. Horizon Investments LLC's holdings in General Dynamics were worth $14,526,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Dunhill Financial LLC lifted its holdings in shares of General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company's stock valued at $25,000 after purchasing an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in General Dynamics in the 3rd quarter worth about $25,000. Dagco Inc. purchased a new position in General Dynamics in the 4th quarter worth about $25,000. Burkett Financial Services LLC raised its position in General Dynamics by 650.0% in the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company's stock worth $26,000 after buying an additional 65 shares during the last quarter. Finally, Steph & Co. lifted its stake in General Dynamics by 65.2% during the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 30 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Key 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 Price Performance

Shares of NYSE:GD opened at $345.49 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $93.43 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 2.30 and a beta of 0.34. The firm's 50 day moving average price is $345.59 and its 200-day moving average price is $346.18. General Dynamics Corporation has a twelve month low of $266.98 and a twelve month high of $369.70.

General Dynamics (NYSE:GD - Get Free Report) last announced its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.43. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The company had revenue of $13.48 billion during the quarter, compared to analyst estimates of $12.70 billion. During the same period in the previous year, the business posted $3.66 earnings per share. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. Equities research analysts expect that General Dynamics Corporation will post 16.27 EPS for the current year.

General Dynamics Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be issued a $1.59 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. This is an increase from General Dynamics's previous quarterly dividend of $1.50. General Dynamics's payout ratio is 41.17%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GD. BNP Paribas Exane reduced their price target on shares of General Dynamics from $430.00 to $390.00 and set an "outperform" rating for the company in a research note on Thursday. Citigroup lowered their price objective on shares of General Dynamics from $389.00 to $380.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 1st. Wolfe Research lifted their target price 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. JPMorgan Chase & Co. boosted their target price on shares of General Dynamics from $385.00 to $400.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, Wall Street Zen raised General Dynamics from a "hold" rating to a "buy" rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $387.70.

Insider Buying and Selling

In other General Dynamics news, EVP Mark Lagrand Burns sold 10,153 shares of the company's 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 completion of the sale, the executive vice president owned 38,975 shares in the company, valued at $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total value of $1,350,016.50. Following the completion of the transaction, the executive vice president directly owned 44,767 shares in the company, valued at $15,825,134.50. This trade represents a 7.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock valued at $18,133,971 over the last three months. 1.40% of the stock is currently owned by company insiders.

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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