General Dynamics Corporation $GD Shares Purchased by Keybank National Association OH

Keybank National Association OH raised its stake in shares of General Dynamics Corporation (NYSE:GD) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,295 shares of the aerospace company’s stock after buying an additional 1,752 shares during the quarter. Keybank National Association OH’s holdings in General Dynamics were worth $5,823,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in General Dynamics by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock valued at $8,338,169,000 after buying an additional 528,769 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in General Dynamics by 5.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,627,155 shares of the aerospace company’s stock valued at $1,236,900,000 after buying an additional 187,435 shares during the last quarter. Northern Trust Corp boosted its stake in shares of General Dynamics by 35.0% during the 3rd quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after purchasing an additional 863,392 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of General Dynamics by 3.4% during the 3rd quarter. Franklin Resources Inc. now owns 1,770,714 shares of the aerospace company’s stock worth $603,813,000 after purchasing an additional 58,524 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of General Dynamics by 118.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after purchasing an additional 901,679 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Susquehanna reaffirmed a “positive” rating and set a $420.00 price target on shares of General Dynamics in a research note on Thursday, January 15th. BNP Paribas Exane raised their price target on shares of General Dynamics from $410.00 to $430.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 7th. Royal Bank Of Canada restated a “sector perform” rating and set a $385.00 price objective on shares of General Dynamics in a report on Thursday. Deutsche Bank Aktiengesellschaft cut General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 price objective on the stock. in a report on Wednesday, April 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of General Dynamics in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and a consensus target price of $390.47.

General Dynamics Price Performance

GD opened at $345.16 on Friday. The company’s 50 day simple moving average is $345.59 and its 200 day simple moving average is $346.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.38. General Dynamics Corporation has a 1 year low of $266.98 and a 1 year high of $369.70. The stock has a market capitalization of $93.49 billion, a PE ratio of 21.72, a P/E/G ratio of 2.26 and a beta of 0.38.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.43. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The business had revenue of $13.48 billion for the quarter, compared to analysts’ expectations of $12.70 billion. During the same period last year, the company earned $3.66 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. As a group, sell-side analysts expect that General Dynamics Corporation will post 16.3 EPS for the current year.

General Dynamics Increases Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.8%. General Dynamics’s payout ratio is 41.17%.

Insider Transactions at General Dynamics

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total value of $1,350,016.50. Following the transaction, the executive vice president owned 44,767 shares in the company, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the completion of the transaction, the chief executive officer owned 766,457 shares in the company, valued at $271,394,759.13. The trade was a 4.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 51,260 shares of company stock worth $18,133,971 over the last ninety days. 1.40% of the stock is owned by insiders.

General Dynamics News Summary

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

• Positive Sentiment: Q1 beat and guidance raise — GD reported Q1 revenue ~$13.5B and EPS $4.10, both above Street estimates; management raised FY‑2026 EPS guidance to $16.45–$16.55 and cited US$26.6B in quarterly bookings and a backlog near US$131B, boosting confidence in forward earnings. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Morgan Stanley raises target — Morgan Stanley moved its price target to $435 and kept an overweight rating, signalling a sizable analyst‑driven upside and likely contributing to buying interest. Morgan Stanley raises price target on General Dynamics to $435
• Positive Sentiment: JPMorgan raises target — JPMorgan raised its target to $400 and placed GD on overweight, reinforcing the buy‑side narrative and supporting momentum after the beat‑and‑raise. Benzinga: JPMorgan raises GD price target
• Positive Sentiment: Order flow & shipbuilding updates — Management highlighted strong shipbuilding results (including Columbia‑class sub schedule tracking) and a roughly 2:1 book‑to‑bill driven by Marine and Combat systems, supporting revenue visibility and cash flow. General Dynamics Reports First-Quarter 2026 Financial Results
• Neutral Sentiment: RBC reaffirms rating — Royal Bank of Canada kept a “sector perform” rating with a $385 target; the note is less bullish than other broker moves and represents a moderate offset to upgrades. Benzinga: RBC reaffirms sector perform on GD

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.