Running Oak Capital LLC Reduces Holdings in General Dynamics Corporation $GD

Key Points

• Running Oak Capital LLC trimmed its stake in General Dynamics by 11.2% in Q4, now holding 47,217 shares worth $15.90 million, about 2.0% of its portfolio and the firm's 12th largest position.
• General Dynamics beat Q4 estimates (EPS $4.17 vs. $4.11; revenue $14.38B vs. $13.77B), set FY2026 guidance of 16.10–16.20 EPS, and carries a MarketBeat consensus of Moderate Buy with an average target price of $384.53 (Wells Fargo initiated Overweight at $400).
• The company raised its quarterly dividend to $1.59 ($6.36 annualized, ~1.9% yield), while insiders have sold about 51,260 shares in the past three months, including CEO Phebe Novakovic's 32,918-share sale.

Running Oak Capital LLC trimmed its position in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 11.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,217 shares of the aerospace company's stock after selling 5,960 shares during the quarter. General Dynamics accounts for approximately 2.0% of Running Oak Capital LLC's investment portfolio, making the stock its 12th largest position. Running Oak Capital LLC's holdings in General Dynamics were worth $15,896,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Burney Co. boosted its stake in General Dynamics by 5.7% during the fourth quarter. Burney Co. now owns 16,958 shares of the aerospace company's stock worth $5,709,000 after buying an additional 918 shares during the period. Greenup Street Wealth Management LLC boosted its stake in General Dynamics by 827.8% during the fourth quarter. Greenup Street Wealth Management LLC now owns 6,207 shares of the aerospace company's stock worth $2,090,000 after buying an additional 5,538 shares during the period. Choreo LLC boosted its stake in General Dynamics by 0.8% during the fourth quarter. Choreo LLC now owns 8,622 shares of the aerospace company's stock worth $2,927,000 after buying an additional 67 shares during the period. HF Advisory Group LLC boosted its stake in General Dynamics by 4.0% during the fourth quarter. HF Advisory Group LLC now owns 5,879 shares of the aerospace company's stock worth $1,979,000 after buying an additional 228 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of General Dynamics by 33.5% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 180,534 shares of the aerospace company's stock worth $60,779,000 after purchasing an additional 45,302 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GD. Wall Street Zen downgraded General Dynamics from a "buy" rating to a "hold" rating in a research report on Saturday, January 31st. JPMorgan Chase & Co. lifted their target price on General Dynamics from $380.00 to $385.00 and gave the stock an "overweight" rating in a research report on Friday, December 19th. TD Cowen lifted their target price on General Dynamics from $370.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 14th. Wells Fargo & Company began coverage on General Dynamics in a research report on Wednesday, April 1st. They set an "overweight" rating and a $400.00 target price for the company. Finally, Citigroup decreased their target price on General Dynamics from $389.00 to $380.00 and set a "neutral" rating for the company in a research report on Wednesday, April 1st. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, General Dynamics currently has a consensus rating of "Moderate Buy" and an average target price of $384.53.

General Dynamics Stock Down 0.1%

NYSE:GD opened at $334.78 on Monday. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $351.70 and a 200-day simple moving average of $347.22. The company has a market cap of $90.67 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.24 and a beta of 0.38. General Dynamics Corporation has a twelve month low of $262.84 and a twelve month high of $369.70.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $4.17 earnings per share 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 return on equity of 17.57% and a net margin of 8.01%.The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. Analysts anticipate that General Dynamics Corporation will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The company also recently disclosed 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 is Friday, April 10th. This is an increase from General Dynamics's previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a dividend yield of 1.9%. General Dynamics's dividend payout ratio is presently 41.17%.

Insider Transactions at General Dynamics

In related news, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the sale, the chief executive officer directly owned 766,457 shares in the company, valued at $271,394,759.13. The trade was a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value of $1,350,016.50. Following the completion of the sale, the executive vice president owned 44,767 shares of the company's stock, valued at $15,825,134.50. The trade was a 7.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 51,260 shares of company stock valued at $18,133,971. 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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