General Dynamics Corporation $GD Shares Sold by Distillate Capital Partners LLC

Distillate Capital Partners LLC trimmed its holdings in shares of General Dynamics Corporation (NYSE:GD) by 20.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 59,714 shares of the aerospace company’s stock after selling 15,220 shares during the period. General Dynamics accounts for about 1.1% of Distillate Capital Partners LLC’s investment portfolio, making the stock its 28th biggest holding. Distillate Capital Partners LLC’s holdings in General Dynamics were worth $20,363,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of GD. AQR Capital Management LLC grew its holdings in General Dynamics by 118.3% during the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after acquiring an additional 901,679 shares during the period. Pacer Advisors Inc. lifted its holdings in General Dynamics by 3,306.5% in the third quarter. Pacer Advisors Inc. now owns 871,052 shares of the aerospace company’s stock valued at $297,029,000 after acquiring an additional 845,482 shares during the period. Ameriprise Financial Inc. grew its stake in shares of General Dynamics by 25.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,439,720 shares of the aerospace company’s stock worth $1,003,444,000 after purchasing an additional 691,340 shares during the period. Vanguard Group Inc. grew its stake in shares of General Dynamics by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 24,238,561 shares of the aerospace company’s stock worth $8,265,349,000 after purchasing an additional 677,665 shares during the period. Finally, Balyasny Asset Management L.P. increased its holdings in shares of General Dynamics by 831.1% in the 3rd quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company’s stock valued at $251,405,000 after purchasing an additional 658,081 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Key General Dynamics News

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

• Positive Sentiment: Board approved a quarterly dividend of $1.59 (6% increase), payable May 8 to holders of record April 10 — supports income investor demand and signals confidence in cash flow. Article Title
• Positive Sentiment: Strong 2025 fundamentals: full‑year revenue and backlog strength (record ~$118B backlog, broad-based Marine Systems and Aerospace growth) and FY‑2026 EPS guidance (16.100–16.200) provide visible forward earnings and backlog-driven revenue visibility, underpinning medium‑term upside. Article Title
• Positive Sentiment: U.S. shipbuilding policy and MAP momentum (renewed federal focus and proposed FY2026 naval funding) lift demand prospects for GD’s Bath Iron Works and Electric Boat units — an important structural tailwind for orders and long‑cycle revenue. (Market commentary)
• Neutral Sentiment: Valuation discussion: recent analysis questions whether the current ~\$350s price fully reflects defense‑spending upside vs execution/valuation risk; one‑year performance has been strong, so some profit‑taking is expected. Article Title
• Neutral Sentiment: Technical backdrop: the stock is trading slightly below its 50‑day moving average but above the 200‑day — suggests short‑term consolidation within a longer‑term uptrend.
• Negative Sentiment: Insider selling: CEO Phebe Novakovic sold 32,918 shares (~$11.66M at ~$354.09); EVP Mark Lagrand Burns sold 10,153 shares; EVP Marguerite Gilliland sold 3,819 shares — sizable disclosed reductions that can pressure sentiment despite being taxable/liquidity-driven transactions. SEC/insider filings: Novakovic Trade Burns Trade Gilliland Trade

General Dynamics Stock Performance

Shares of GD opened at $351.30 on Monday. General Dynamics Corporation has a 12-month low of $239.20 and a 12-month high of $369.70. The stock has a market cap of $94.99 billion, a P/E ratio of 22.74, a PEG ratio of 2.10 and a beta of 0.39. The company has a current ratio of 1.44, a quick ratio of 0.89 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average of $356.36 and a two-hundred day moving average of $343.82.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $4.17 EPS for the quarter, beating the consensus estimate of $4.11 by $0.06. General Dynamics had a net margin of 8.01% and a return on equity of 17.57%. The business had revenue of $14.38 billion for the quarter, compared to analyst estimates of $13.77 billion. During the same period in the prior year, the business earned $4.15 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. General Dynamics has set its FY 2026 guidance at 16.100-16.200 EPS. As a group, research analysts predict that General Dynamics Corporation will post 14.83 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be given a dividend of $1.59 per share. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is 38.83%.

Analysts Set New Price Targets

Several brokerages recently commented on GD. TD Cowen raised their price objective on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a report on Thursday, January 22nd. Wolfe Research lifted their price target 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. Argus upped their price target on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, Citigroup raised their price objective on General Dynamics from $371.00 to $389.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $376.26.

Insider Buying and Selling

In related news, CEO Phebe N. Novakovic sold 32,918 shares of General Dynamics stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the completion of the sale, the chief executive officer owned 766,457 shares in the company, valued at approximately $271,394,759.13. This trade represents a 4.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the completion of the transaction, the vice president directly owned 7,936 shares of the company’s stock, valued at $2,767,997.44. The trade was a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 71,620 shares of company stock valued at $24,952,942. Company insiders own 1.50% of the company’s stock.

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.