Pacer Advisors Inc. Sells 816,896 Shares of General Dynamics Corporation $GD

Pacer Advisors Inc. lessened its holdings in General Dynamics Corporation (NYSE:GD) by 97.8% during the 1st quarter, Holdings Channel reports. The firm owned 18,710 shares of the aerospace company’s stock after selling 816,896 shares during the period. Pacer Advisors Inc.’s holdings in General Dynamics were worth $6,422,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Whipplewood Advisors LLC lifted its holdings in General Dynamics by 1,725.0% in the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after buying an additional 69 shares during the period. Steph & Co. grew its holdings in General Dynamics by 65.2% during the 4th quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 30 shares during the period. Scarborough Advisors LLC acquired a new stake in General Dynamics during the 1st quarter worth $29,000. Wilkerson Advisory Group LLC raised its position in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 39 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new position in shares of General Dynamics in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Transactions at General Dynamics

In other General Dynamics news, EVP Mark Lagrand Burns sold 36,480 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the completion of the transaction, the executive vice president owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the transaction, the director directly owned 10,643 shares of the company’s stock, valued at $3,884,695. This represents a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 172,938 shares of company stock worth $63,093,675. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on GD. Weiss Ratings upgraded General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 1st. TD Cowen upped their price objective on General Dynamics from $390.00 to $420.00 and gave the company a “buy” rating in a 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 research note on Thursday, July 30th. Wells Fargo & Company raised their target price on General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Morgan Stanley boosted 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 equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $409.68.

General Dynamics Trading Down 0.5%

NYSE:GD opened at $383.87 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.96. The business’s 50-day simple moving average is $363.18 and its 200-day simple moving average is $353.26. General Dynamics Corporation has a fifty-two week low of $306.77 and a fifty-two week high of $400.00. The stock has a market capitalization of $103.86 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 2.23 and a beta of 0.33.

General Dynamics (NYSE:GD) last posted 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. The business 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%.General Dynamics’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Sell-side analysts expect that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 9th will be given a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is currently 38.80%.

More General Dynamics News

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

• Positive Sentiment: Dividend declared: General Dynamics’ board approved a regular quarterly dividend of $1.59 per share, payable November 13, 2026, to shareholders of record October 9. The payment reinforces GD’s shareholder-return profile and equates to a $6.36 annualized dividend. General Dynamics Board Declares Dividend
• Positive Sentiment: Wells Fargo raised its price target: The firm increased its target from $400 to $440 and maintained an “overweight” rating, signaling confidence in GD’s earnings outlook and defense exposure. The new target implies substantial upside from the recent trading level. Wells Fargo Raises General Dynamics Price Target
• Positive Sentiment: Fundamentals remain solid: GD’s latest quarterly results exceeded expectations, with EPS of $4.24 versus $3.96 expected and revenue of $14.09 billion versus $13.52 billion forecast. Revenue increased 8.1% year over year, supporting the broader bullish case.
• Neutral Sentiment: Earnings-call scrutiny: Coverage of the company’s second-quarter earnings call highlights analyst questions, but the available report does not identify a new material change to guidance or operations. The 5 Most Interesting Analyst Questions From General Dynamics’ Q2 Earnings Call
• Negative Sentiment: Insider selling: CEO Phebe Novakovic sold 51,568 shares, while EVP Marguerite Amy Gilliland sold 43,180 shares for combined proceeds of roughly $36.1 million. Gilliland reduced her position by 49.1%, which could raise caution among investors, although executives retain significant holdings and sales do not necessarily indicate deteriorating fundamentals. General Dynamics Insider Sale Filings

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.