General Dynamics Corporation $GD Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its position in shares of General Dynamics Corporation (NYSE:GD) by 3.5% during the third quarter, Holdings Channel.com reports. The firm owned 538,036 shares of the aerospace company’s stock after selling 19,677 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in General Dynamics were worth $178,536,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in General Dynamics in the 3rd quarter valued at about $29,467,000. Vise Technologies Inc. grew its stake in shares of General Dynamics by 6.6% during the third quarter. Vise Technologies Inc. now owns 22,768 shares of the aerospace company’s stock worth $7,555,000 after purchasing an additional 1,400 shares in the last quarter. Investment Partners LTD. increased its stake in General Dynamics by 14.3% in the third quarter. Investment Partners LTD. now owns 2,105 shares of the aerospace company’s stock valued at $699,000 after purchasing an additional 263 shares during the last quarter. Unison Advisors LLC increased its position in shares of General Dynamics by 0.4% during the third quarter. Unison Advisors LLC now owns 17,497 shares of the aerospace company’s stock worth $5,806,000 after purchasing an additional 72 shares in the last quarter. Finally, Intrua Financial LLC increased its holdings in shares of General Dynamics by 7.2% in the 3rd quarter. Intrua Financial LLC now owns 1,890 shares of the aerospace company’s stock valued at $627,000 after acquiring an additional 127 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $384.00 target price on shares of General Dynamics in a research note on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of General Dynamics in a report on Monday, September 28th. Robert W. Baird set a $430.00 price objective on General Dynamics in a report on Thursday, July 30th. Wall Street Zen cut shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, UBS Group lifted their price objective on General Dynamics from $395.00 to $408.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 8th. Eleven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $402.44.

General Dynamics Trading Up 0.0%

NYSE GD opened at $372.72 on Monday. The company has a market cap of $100.84 billion, a P/E ratio of 21.92, a P/E/G ratio of 2.18 and a beta of 0.30. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.43 and a quick ratio of 0.94. The company has a 50-day moving average of $351.44 and a 200-day moving average of $355.06.

General Dynamics (NYSE:GD) last released its earnings results on Friday, October 30th. The aerospace company reported $4.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $0.37. General Dynamics had a net margin of 8.24% and a return on equity of 17.60%. The firm had revenue of $14.57 billion during the quarter, compared to the consensus estimate of $13.72 billion. During the same period in the previous year, the firm earned $3.88 earnings per share. General Dynamics’s revenue was up 12.9% compared to the same quarter last year. As a group, equities analysts predict that General Dynamics Corporation will post 16.99 earnings per share for the current year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be paid a dividend of $1.59 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 annualized dividend and a dividend yield of 1.7%. General Dynamics’s payout ratio is currently 38.80%.

Key Stories Impacting General Dynamics

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

• Positive Sentiment: Q3 results exceeded expectations. General Dynamics reported diluted EPS of $4.49, up 15.7% year over year and ahead of the roughly $4.12–$4.14 analyst consensus. Revenue rose 12.9% to $14.57 billion, exceeding estimates near $13.72 billion. General Dynamics Reports Third-Quarter 2026 Financial Results
• Positive Sentiment: Growth was broad-based. Performance improved across all four operating segments, with Gulfstream business-jet demand and marine bookings helping drive the beat. Operating earnings increased 14.7% to $1.5 billion, while operating margin expanded to 10.5%. General Dynamics tops quarterly results as Gulfstream, marine drive bookings
• Positive Sentiment: Backlog reached a record level. Quarterly orders totaled approximately $98.8 billion, including $93.8 billion in defense orders, producing a 6.8-to-1 book-to-bill ratio. Ending backlog was about $220.3 billion, supporting future revenue visibility and reinforcing the company’s exposure to sustained defense spending. General Dynamics Q3 Revenue Rises 12.9% to $14.6 Billion
• Positive Sentiment: Cash generation and outlook were supportive. General Dynamics generated $1.7 billion in operating cash flow, equal to 139% of net earnings, and management raised its guidance, providing an additional catalyst for investors. General Dynamics CEO Signs Off After 14 Years With Record $220 Billion Backlog
• Neutral Sentiment: Chief Executive Officer Phebe Novakovic is signing off after 14 years, with the transition occurring as the company reports record backlog. The strong operating results reduce immediate concern, but investors may watch for continuity under new leadership. General Dynamics Q3 2026 Earnings Call Transcript
• Negative Sentiment: Recent insider-trading data shows multiple executives, including the CEO, selling shares and no reported insider purchases over the past six months. This is a secondary concern compared with the earnings beat but could limit some investor enthusiasm.

Insider Activity

In other news, Director Robert K. Steel sold 7,440 shares of the company’s stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the completion of the sale, the director directly owned 3,096 shares in the company, valued at $1,071,370.80. This represents a 70.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.40% of the stock is owned by corporate insiders.

General Dynamics Company Profile

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.