Korea Investment CORP Has $55.93 Million Stake in General Dynamics Corporation $GD

Key Points

• Korea Investment CORP reduced its stake in General Dynamics by 13.5% in Q3 to 164,009 shares, worth about $55.93 million.
• General Dynamics beat quarterly expectations with $4.17 EPS and $14.38 billion revenue, set FY2026 guidance of 16.10–16.20 EPS, and has seen analysts raise price targets to support a consensus Moderate Buy (target $376.26).
• Company insiders sold sizable positions—VPs Mark Rayha and David Paddock each cut their holdings by roughly 35%—while institutional investors own about 86.14% of the stock.

Korea Investment CORP reduced its stake in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 13.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 164,009 shares of the aerospace company's stock after selling 25,512 shares during the quarter. Korea Investment CORP owned approximately 0.06% of General Dynamics worth $55,927,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in GD. Dunhill Financial LLC lifted its position in General Dynamics by 620.0% in the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company's stock worth $25,000 after buying an additional 62 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of General Dynamics in the third quarter worth $26,000. Louisbourg Investments Inc. purchased a new stake in shares of General Dynamics during the third quarter worth $27,000. Redmont Wealth Advisors LLC purchased a new position in General Dynamics in the third quarter valued at about $30,000. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in shares of General Dynamics by 80.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company's stock valued at $32,000 after buying an additional 49 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

General Dynamics Stock Up 1.0%

Shares of NYSE GD opened at $364.20 on Monday. The stock has a market cap of $98.48 billion, a PE ratio of 23.57, a PEG ratio of 2.17 and a beta of 0.39. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. The business has a fifty day moving average of $354.72 and a two-hundred day moving average of $342.59. General Dynamics Corporation has a 52-week low of $239.20 and a 52-week high of $369.70.

General Dynamics (NYSE:GD - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.11 by $0.06. The firm had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $4.15 EPS. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, equities research analysts expect that General Dynamics Corporation will post 14.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GD has been the subject of several analyst reports. TD Cowen lifted their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the company a "buy" rating in a research note on Wednesday, January 14th. Morgan Stanley upped their target price on General Dynamics from $408.00 to $410.00 and gave the stock an "overweight" rating in a research report on Thursday, January 29th. Bank of America reaffirmed a "buy" rating and set a $400.00 price objective on shares of General Dynamics in a report on Friday, January 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of General Dynamics in a research report on Thursday, January 22nd. Finally, Argus raised their target price on General Dynamics from $380.00 to $395.00 and gave the company a "buy" rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, General Dynamics presently has a consensus rating of "Moderate Buy" and a consensus target price of $376.26.

Insider Buying and Selling

In other General Dynamics news, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of the transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP David Paddock sold 20,360 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $334.92, for a total value of $6,818,971.20. Following the sale, the vice president owned 36,644 shares in the company, valued at $12,272,808.48. The trade was a 35.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.50% of the company's stock.

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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