Legacy Capital Group California Inc. Boosts Stake in General Dynamics Corporation $GD

Legacy Capital Group California Inc. lifted its position in shares of General Dynamics Corporation (NYSE:GD) by 72.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,975 shares of the aerospace company’s stock after purchasing an additional 2,920 shares during the quarter. Legacy Capital Group California Inc.’s holdings in General Dynamics were worth $2,348,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WASHINGTON TRUST Co increased its holdings in shares of General Dynamics by 453.3% during the third quarter. WASHINGTON TRUST Co now owns 9,418 shares of the aerospace company’s stock valued at $3,212,000 after acquiring an additional 7,716 shares in the last quarter. Rockland Trust Co. grew its holdings in shares of General Dynamics by 703.4% during the third quarter. Rockland Trust Co. now owns 10,548 shares of the aerospace company’s stock valued at $3,597,000 after buying an additional 9,235 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in General Dynamics by 3.6% in the 3rd 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 during the last quarter. Gold Investment Management Ltd. lifted its position in General Dynamics by 73.5% in the 3rd quarter. Gold Investment Management Ltd. now owns 10,700 shares of the aerospace company’s stock valued at $3,649,000 after acquiring an additional 4,532 shares in the last quarter. Finally, Davis Capital Management purchased a new stake in General Dynamics during the 3rd quarter valued at $1,007,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling at General Dynamics

In related news, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the sale, the vice president directly owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Mark Lagrand Burns sold 10,153 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at approximately $13,834,176.25. The trade was a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock valued at $18,133,971 in the last ninety days. Company insiders own 1.40% of the company’s stock.

General Dynamics Stock Performance

NYSE:GD opened at $322.26 on Thursday. The firm has a market capitalization of $87.28 billion, a PE ratio of 20.76, a PEG ratio of 2.17 and a beta of 0.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.89 and a current ratio of 1.44. General Dynamics Corporation has a fifty-two week low of $262.84 and a fifty-two week high of $369.70. The stock’s fifty day moving average is $348.42 and its 200 day moving average is $347.00.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $4.11 by $0.06. The business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $4.15 earnings per share. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. On average, sell-side analysts anticipate that General Dynamics Corporation will post 16.3 earnings per share for the current year.

General Dynamics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be issued a $1.59 dividend. The ex-dividend date is Friday, April 10th. This represents a $6.36 annualized dividend and a dividend yield of 2.0%. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio (DPR) is presently 41.17%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Wells Fargo & Company assumed coverage on General Dynamics in a research report on Wednesday, April 1st. They set an “overweight” rating and a $400.00 price objective on the stock. UBS Group set a $393.00 price target on shares of General Dynamics in a research report on Thursday, January 29th. Wolfe Research boosted their target price on shares of General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Morgan Stanley lifted their price target on shares of General Dynamics from $408.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Finally, Bank of America reissued a “buy” rating and set a $400.00 price objective on shares of General Dynamics in a report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $384.53.

Key Headlines Impacting General Dynamics

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: GD has a strong history of earnings surprises and analysts (Zacks/Yahoo coverage) highlight the company has the setup to beat consensus again, driven by steady revenue growth and profitable backlogs. Why General Dynamics (GD) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Wall Street expects earnings growth for GD in the next report; that expectation is a near-term catalyst (beat or raised guidance could drive a rebound). General Dynamics (GD) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Comparative analyses (Lockheed Martin vs. General Dynamics) highlight GD’s diversified defense exposure but underscore competition for prime contracts; useful context for longer-term positioning rather than an immediate catalyst. LMT vs. GD: Which Defense Stock Looks More Attractive Right Now?
• Neutral Sentiment: Sector results: RTX reported solid Q1 beats and raised its outlook, affirming strong defense demand — a tailwind for the sector but also a reminder GD competes in a robust, but crowded, market. RTX Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
• Neutral Sentiment: Industry screen pieces suggest some aerospace/defense names are oversold while others look set to beat — useful for relative-performance trades but not a direct GD-specific catalyst. These 2 Aerospace Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Neutral Sentiment: Unrelated sector analyst coverage (Exxon) appears in the feed but does not materially affect GD’s fundamentals; included for completeness. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
• Negative Sentiment: Multiple headlines across outlets note GD “stock slides” amid broader market gains, reflecting near-term selling pressure and profit-taking after recent strength; such headlines can amplify short-term weakness. General Dynamics (GD) Stock Slides as Market Rises: Facts to Know Before You Trade

General Dynamics Company 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.