Concurrent Investment Advisors LLC Increases Stock Position in General Dynamics Corporation $GD

Concurrent Investment Advisors LLC boosted its stake in General Dynamics Corporation (NYSE:GD) by 4.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,101 shares of the aerospace company’s stock after purchasing an additional 1,407 shares during the period. Concurrent Investment Advisors LLC’s holdings in General Dynamics were worth $10,663,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Whipplewood Advisors LLC raised its holdings in General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 69 shares during the period. Paladin Partners LLC bought a new position in shares of General Dynamics during the 2nd quarter valued at about $30,000. Scarborough Advisors LLC bought a new stake in shares of General Dynamics in the first quarter worth about $29,000. Wilkerson Advisory Group LLC boosted its stake in General Dynamics by 79.6% during the first quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after buying an additional 39 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new stake in General Dynamics in the 4th quarter worth approximately $31,000. 86.14% of the stock is currently owned by institutional investors.

Insider Transactions at General Dynamics

In related news, Director Mark Malcolm sold 5,480 shares of the company’s stock in a transaction dated 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Marguerite Gilliland sold 43,180 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president directly owned 44,767 shares of the company’s stock, valued at approximately $16,923,716.68. This represents a 49.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 100,228 shares of company stock valued at $38,052,853. Corporate insiders own 1.40% of the company’s stock.

General Dynamics Trading Down 1.7%

Shares of NYSE GD opened at $359.54 on Friday. The business’s 50 day moving average price is $378.48 and its 200-day moving average price is $357.29. General Dynamics Corporation has a fifty-two week low of $306.77 and a fifty-two week high of $400.00. 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 company has a market cap of $97.28 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 2.11 and a beta of 0.32.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business had revenue of $14.09 billion for the quarter, compared to analyst estimates of $13.52 billion. During the same quarter last year, the firm posted $3.74 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, sell-side analysts expect that General Dynamics Corporation will post 16.97 earnings per share for the current year.

General Dynamics Dividend Announcement

The company 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 $1.59 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s payout ratio is presently 38.80%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on GD shares. Citigroup raised their target price on shares of General Dynamics from $364.00 to $404.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Jefferies Financial Group boosted their target price on shares of General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Bank of America increased their price target on shares of General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a report on Monday, July 6th. Wells Fargo & Company boosted their price objective on General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen downgraded General Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.