Victory Capital Management Inc. Has $54.16 Million Stock Holdings in General Dynamics Corporation $GD

Key Points

• Victory Capital Management trimmed its stake in General Dynamics by 2.6%, selling 4,216 shares and leaving it with 158,823 shares valued at about $54.16 million (≈0.06% of the company).
• General Dynamics beat Q4 estimates with $4.17 EPS (vs. $4.11) and $14.38B revenue (vs. $13.77B), reported revenue growth of 7.8% year-over-year and set FY 2026 guidance at 16.10–16.20 EPS.
• The stock carries a consensus rating of "Moderate Buy" with an average analyst price target of $376.26, as several firms including Citigroup, BofA and JPMorgan recently raised targets.

Victory Capital Management Inc. trimmed its holdings in shares of General Dynamics Corporation (NYSE:GD - Free Report) by 2.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 158,823 shares of the aerospace company's stock after selling 4,216 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of General Dynamics worth $54,159,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. WASHINGTON TRUST Co boosted its stake in General Dynamics by 453.3% in the 3rd quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company's stock valued at $3,212,000 after buying an additional 7,716 shares in the last quarter. Gold Investment Management Ltd. raised its stake in General Dynamics by 73.5% during the third quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company's stock worth $3,649,000 after acquiring an additional 4,532 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in General Dynamics by 3.6% during the third quarter. Envestnet Asset Management Inc. now owns 917,424 shares of the aerospace company's stock worth $312,842,000 after acquiring an additional 32,262 shares in the last quarter. Davis Capital Management bought a new position in shares of General Dynamics during the third quarter valued at $1,007,000. Finally, Rockland Trust Co. boosted its stake in shares of General Dynamics by 703.4% in the 3rd quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company's stock valued at $3,597,000 after purchasing an additional 9,235 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

General Dynamics Stock Up 1.0%

Shares of NYSE GD opened at $364.20 on Friday. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70. The firm's 50-day simple moving average is $354.72 and its 200 day simple moving average is $342.23. The company has a quick ratio of 0.89, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The company has a market cap of $98.48 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 2.15 and a beta of 0.39.

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 for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The firm had revenue of $14.38 billion during the quarter, compared to analysts' expectations of $13.77 billion. During the same quarter last year, the company posted $4.15 EPS. The company's quarterly revenue was up 7.8% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, 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 a number of recent analyst reports. Citigroup increased their target price on shares of General Dynamics from $371.00 to $389.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 13th. Sanford C. Bernstein restated a "market perform" rating and issued a $398.00 price target on shares of General Dynamics in a research report on Monday, January 12th. Wall Street Zen lowered shares of General Dynamics from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Bank of America reiterated a "buy" rating and issued a $400.00 target price on shares of General Dynamics in a research note on Friday, January 30th. Finally, JPMorgan Chase & Co. boosted their target price on General Dynamics from $380.00 to $385.00 and gave the stock an "overweight" rating in a report on Friday, December 19th. 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $376.26.

Insider Buying and Selling

In other 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 sale, the vice president directly owned 7,936 shares of the company's stock, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David Paddock sold 20,360 shares of the business's 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 of the company's stock, valued at approximately $12,272,808.48. The trade was a 35.72% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.50% 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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