Meiji Yasuda Asset Management Co Ltd. Has $4.59 Million Stock Holdings in General Dynamics Corporation $GD

Key Points

• Meiji Yasuda Asset Management raised its stake in General Dynamics (NYSE:GD) by 132.8% in Q3, acquiring 13,470 shares worth about $4.59 million.
• General Dynamics beat quarterly EPS estimates ($4.17 vs. $4.11) with revenue up 7.8% year-over-year and set FY2026 guidance of $16.10–$16.20 EPS.
• Analysts have a consensus rating of “Moderate Buy” on GD with an average target price of $376.26, while institutional investors own about 86.14% of the stock.

Meiji Yasuda Asset Management Co Ltd. lifted its stake in General Dynamics Corporation (NYSE:GD - Free Report) by 132.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,470 shares of the aerospace company's stock after purchasing an additional 7,683 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in General Dynamics were worth $4,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dunhill Financial LLC grew its position in shares of General Dynamics by 620.0% during 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 during the period. Halbert Hargrove Global Advisors LLC acquired a new position in General Dynamics during the third quarter valued at approximately $26,000. Louisbourg Investments Inc. acquired a new position in General Dynamics during the third quarter valued at approximately $27,000. Redmont Wealth Advisors LLC bought a new stake in General Dynamics in the third quarter valued at approximately $30,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of General Dynamics by 80.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 110 shares of the aerospace company's stock worth $32,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GD. Sanford C. Bernstein restated a "market perform" rating and issued a $398.00 price objective on shares of General Dynamics in a research report on Monday, January 12th. Wall Street Zen cut General Dynamics from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Morgan Stanley raised their price target on General Dynamics from $408.00 to $410.00 and gave the stock an "overweight" rating in a research report on Thursday, January 29th. Citigroup lifted their price objective on General Dynamics from $371.00 to $389.00 and gave the company a "neutral" rating in a report on Tuesday, January 13th. Finally, Jefferies Financial Group increased their target price on General Dynamics from $360.00 to $385.00 and gave the stock a "hold" rating in a research note on Sunday, February 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $376.26.

General Dynamics Stock Performance

GD opened at $364.20 on Monday. The company has a market capitalization of $98.48 billion, a price-to-earnings ratio of 23.57, a P/E/G ratio of 2.17 and a beta of 0.39. The business's 50-day moving average price is $354.72 and its two-hundred day moving average price is $342.59. General Dynamics Corporation has a 1 year low of $239.20 and a 1 year high of $369.70. 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 posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.11 by $0.06. General Dynamics had a return on equity of 17.57% and a net margin of 8.01%.The business had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $13.77 billion. During the same period last year, the company earned $4.15 earnings per share. General Dynamics's quarterly revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Equities analysts expect that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Mark Rayha sold 4,370 shares of the 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 transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. This represents a 35.51% decrease in their ownership of the stock. 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 General Dynamics stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $334.92, for a total transaction of $6,818,971.20. Following the completion of 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate 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.

Want to see what other hedge funds are holding GD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Dynamics Corporation (NYSE:GD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.