Rayburn West Financial Services LLC Makes New $2.51 Million Investment in General Dynamics Corporation $GD

Key Points

• Rayburn West Financial Services initiated a $2.51 million position in General Dynamics during the second quarter, buying 7,092 shares. Institutional investors collectively own 86.14% of the company.
• General Dynamics reported quarterly earnings of $4.24 per share and revenue of $14.09 billion, surpassing analyst expectations, while revenue grew 8.1% year over year. The company maintained fiscal 2026 EPS guidance of $16.80–$16.90.
• The company declared a quarterly dividend of $1.59 per share, equivalent to a 1.6% yield, as analysts maintain a consensus “Moderate Buy” rating with an average price target of $410.89.

Rayburn West Financial Services LLC purchased a new stake in General Dynamics Corporation (NYSE:GD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,092 shares of the aerospace company's stock, valued at approximately $2,512,000. General Dynamics accounts for approximately 1.4% of Rayburn West Financial Services LLC's holdings, making the stock its 26th largest holding.

A number of other large investors have also modified their holdings of GD. Brighton Jones LLC raised its stake in shares of General Dynamics by 16.9% in the fourth quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company's stock valued at $760,000 after acquiring an additional 417 shares in the last quarter. Acadian Asset Management LLC grew its stake in General Dynamics by 140.2% during the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company's stock worth $938,000 after purchasing an additional 2,011 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in General Dynamics during the 2nd quarter worth about $240,000. Flow Traders U.S. LLC acquired a new stake in General Dynamics in the 2nd quarter valued at about $352,000. Finally, Jump Financial LLC acquired a new stake in General Dynamics in the 2nd quarter valued at about $1,284,000. Hedge funds and other institutional investors own 86.14% of the company's stock.

Insider Transactions at General Dynamics

In other news, EVP Marguerite Amy Gilliland sold 43,180 shares of the company'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 completion of the transaction, the executive vice president owned 44,767 shares in the company, valued at approximately $16,923,716.68. This represents a 49.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 100,228 shares of company stock worth $38,052,853. 1.40% of the stock is currently owned by insiders.

General Dynamics Trading Up 0.7%

GD opened at $393.77 on Wednesday. General Dynamics Corporation has a one year low of $306.77 and a one year high of $400.00. The company has a market cap of $106.54 billion, a P/E ratio of 24.02, a PEG ratio of 2.29 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. The business's 50-day simple moving average is $372.12 and its 200-day simple moving average is $355.08.

General Dynamics (NYSE:GD - Get Free Report) last posted its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $3.96 by $0.28. The firm had revenue of $14.09 billion during the quarter, compared to analysts' expectations of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The firm's revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. As a group, equities research analysts expect that General Dynamics Corporation will post 16.97 EPS for the current fiscal year.

General Dynamics Dividend Announcement

The business 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 dividend of $1.59 per share. This represents a $6.36 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, October 9th. General Dynamics's payout ratio is currently 38.80%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on GD shares. JPMorgan Chase & Co. boosted their price objective on General Dynamics from $385.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $421.00 price target on shares of General Dynamics in a research note on Monday, August 10th. TD Cowen boosted their price target on shares of General Dynamics from $390.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Weiss Ratings raised shares of General Dynamics from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, July 1st. Finally, BNP Paribas Exane raised their price objective on shares of General Dynamics from $390.00 to $430.00 and gave the company an "outperform" rating in a report on Thursday, July 30th. One 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 given a Sell rating to the company's stock. Based on data from MarketBeat.com, General Dynamics has a consensus rating of "Moderate Buy" and an average target price of $410.89.

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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