Oppenheimer Asset Management Inc. Sells 1,583 Shares of General Dynamics Corporation $GD

Oppenheimer Asset Management Inc. trimmed its stake in General Dynamics Corporation (NYSE:GD) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 118,609 shares of the aerospace company’s stock after selling 1,583 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in General Dynamics were worth $39,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dunhill Financial LLC lifted its holdings in shares of General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of General Dynamics during the third quarter valued at $25,000. Dagco Inc. bought a new position in shares of General Dynamics during the fourth quarter valued at $25,000. Burkett Financial Services LLC lifted its holdings in shares of General Dynamics by 650.0% during the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Finally, Steph & Co. lifted its holdings in shares of General Dynamics by 65.2% during the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 30 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

Key Stories Impacting General Dynamics

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

• Positive Sentiment: Q1 beat and raise — GD reported Q1 revenue of ~$13.5B and EPS of $4.10, beating estimates; management raised FY‑2026 EPS guidance (to $16.45–$16.55), driven by Marine Systems and Aerospace strength and rising shipyard productivity. General Dynamics Q1 2026 earnings beat estimates
• Positive Sentiment: Backlog and bookings boost visibility — Companywide bookings of $26.6B and a backlog near $131B support multi‑year revenue visibility, reinforcing the raised guidance and investor confidence. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley raised its price target to $435 (overweight) and JPMorgan boosted its target to $400 (overweight), signaling increased analyst conviction and creating upside potential versus prior levels. General Dynamics (NYSE:GD) Given New $435.00 Price Target at Morgan Stanley
• Positive Sentiment: Market coverage reaffirmations and commentary — Multiple outlets and broker notes (including RBC, Zacks, Barron’s and Reuters) highlighted the company’s strong marine/combat performance and cash flow, supporting the rally. General Dynamics posts higher quarterly profit on combat, marine strength
• Neutral Sentiment: Analyst comment pieces — Several analyst insight and industry roundup items provide additional context on GD relative to peers but do not change fundamentals immediately. Analysts Offer Insights on Industrial Goods Companies
• Neutral Sentiment: Media summaries and valuation checks — Post‑earnings writeups have highlighted a one‑day strong move and improved sentiment; longer‑term valuation and macro/geopolitical risks still apply. General Dynamics (GD) Valuation Check After Strong Q1 Beat And Upgraded Earnings Outlook

Insiders Place Their Bets

In related news, CEO Phebe N. Novakovic sold 32,918 shares of the 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 ownership of the stock. 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 stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $348.79, for a total value of $1,524,212.30. Following the sale, the vice president owned 7,936 shares of the company’s stock, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 51,260 shares of company stock worth $18,133,971. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GD. TD Cowen upped their price target on General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Jefferies Financial Group lowered their price target on General Dynamics from $385.00 to $380.00 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Argus upped their price target on General Dynamics from $380.00 to $395.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $385.00 price objective on shares of General Dynamics in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 price objective for the company. in a research report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $390.47.

General Dynamics Stock Performance

Shares of GD opened at $345.16 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $345.59 and a two-hundred day simple moving average of $346.18. The stock has a market cap of $93.49 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 2.26 and a beta of 0.38. General Dynamics Corporation has a 52 week low of $266.98 and a 52 week high of $369.70.

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 return on equity of 17.41% and a net margin of 8.07%.The firm had revenue of $13.48 billion during the quarter, compared to analysts’ expectations of $12.70 billion. During the same quarter last year, the business posted $3.66 earnings per share. The firm’s revenue was up 10.3% on a year-over-year basis. On average, analysts expect that General Dynamics Corporation will post 16.3 EPS for the current year.

General Dynamics Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 10th will be given a dividend of $1.59 per share. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, April 10th. General Dynamics’s dividend payout ratio (DPR) is 41.17%.

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.