NBH Bank Buys Shares of 3,483 General Dynamics Corporation $GD

Key Points

• NBH Bank acquired 3,483 General Dynamics shares during the second quarter, valued at approximately $1.23 million. Institutional investors and hedge funds collectively own 86.14% of the company.
• General Dynamics reported quarterly EPS of $4.24, exceeding estimates of $3.96, while revenue rose 8.1% year over year to $14.09 billion. The company also provided fiscal 2026 EPS guidance of $16.80–$16.90.
• The company declared a quarterly dividend of $1.59 per share, equivalent to an annualized $6.36 payout and a 1.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $410.89.

NBH Bank purchased a new stake in General Dynamics Corporation (NYSE:GD - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,483 shares of the aerospace company's stock, valued at approximately $1,234,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. William John Sempolinski bought a new position in General Dynamics in the 2nd quarter worth approximately $213,000. Succession Financial Inc. acquired a new position in General Dynamics during the 2nd quarter worth $279,000. Markowski Investments bought a new position in shares of General Dynamics in the second quarter worth $282,000. Old Mission Investment Co LLC acquired a new position in shares of General Dynamics during the second quarter valued at $217,000. Finally, Outlook Capital Management LLC bought a new stake in shares of General Dynamics during the second quarter valued at about $1,339,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

General Dynamics Stock Performance

Shares of GD opened at $359.54 on Friday. The company's 50 day moving average price is $378.48 and its 200 day moving average price is $357.29. General Dynamics Corporation has a 52 week low of $306.77 and a 52 week high of $400.00. The company has a market capitalization of $97.28 billion, a PE ratio of 21.94, a PEG ratio of 2.11 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44.

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, topping analysts' consensus estimates of $3.96 by $0.28. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The company had revenue of $14.09 billion during the quarter, compared to the consensus estimate of $13.52 billion. During the same quarter in the prior year, the firm earned $3.74 EPS. The company's revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Research analysts expect that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be given a dividend of $1.59 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. General Dynamics's dividend payout ratio (DPR) is presently 38.80%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Royal Bank Of Canada increased their price target on General Dynamics from $385.00 to $410.00 and gave the company a "sector perform" rating in a research note on Thursday, July 30th. Jefferies Financial Group raised their price objective on shares of General Dynamics from $400.00 to $440.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Robert W. Baird set a $430.00 price objective on shares of General Dynamics in a research report on Thursday, July 30th. Citigroup increased their target price on General Dynamics from $364.00 to $404.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Finally, Morgan Stanley raised their target price on General Dynamics from $435.00 to $465.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $410.89.

Insiders Place Their Bets

In other General Dynamics news, EVP Marguerite Gilliland sold 43,180 shares of the company's stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the transaction, the executive vice president directly owned 44,767 shares of the company's stock, valued at $16,923,716.68. This represents a 49.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Phebe Novakovic sold 51,568 shares of General Dynamics stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $382.58, for a total value of $19,728,885.44. Following the sale, the chief executive officer owned 766,457 shares of the company's stock, valued at approximately $293,231,119.06. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 100,228 shares of company stock valued at $38,052,853 in the last three months. Insiders own 1.40% of the company's stock.

General Dynamics Profile

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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