Oppenheimer & Co. Inc. Has $12.20 Million Stock Position in General Dynamics Corporation $GD

Oppenheimer & Co. Inc. lowered its stake in General Dynamics Corporation (NYSE:GD) by 4.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 36,231 shares of the aerospace company’s stock after selling 1,507 shares during the period. Oppenheimer & Co. Inc.’s holdings in General Dynamics were worth $12,198,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of GD. Brighton Jones LLC grew its stake in General Dynamics by 16.9% in the 4th quarter. Brighton Jones LLC now owns 2,885 shares of the aerospace company’s stock valued at $760,000 after buying an additional 417 shares during the last quarter. Acadian Asset Management LLC grew its stake in General Dynamics by 140.2% in the 1st quarter. Acadian Asset Management LLC now owns 3,445 shares of the aerospace company’s stock valued at $938,000 after buying an additional 2,011 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in General Dynamics in the 2nd quarter valued at about $240,000. Flow Traders U.S. LLC acquired a new position in General Dynamics in the 2nd quarter valued at about $352,000. Finally, Jump Financial LLC acquired a new position in General Dynamics in the 2nd quarter valued at about $1,284,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GD shares. Jefferies Financial Group decreased their target price on shares of General Dynamics from $385.00 to $380.00 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. Wolfe Research increased their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Wall Street Zen upgraded shares of General Dynamics from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley increased their target price on shares of General Dynamics from $410.00 to $435.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, UBS Group decreased their target price on shares of General Dynamics from $385.00 to $371.00 and set a “neutral” rating on the stock in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $387.70.

General Dynamics Stock Performance

Shares of NYSE:GD opened at $345.49 on Friday. The company’s 50 day moving average price is $345.59 and its two-hundred day moving average price is $346.18. General Dynamics Corporation has a 12-month low of $266.98 and a 12-month high of $369.70. The firm has a market cap of $93.43 billion, a PE ratio of 21.74, a PEG ratio of 2.30 and a beta of 0.34. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.24.

General Dynamics (NYSE:GD) last posted its quarterly 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. The business had revenue of $13.48 billion for the quarter, compared to analyst estimates of $12.70 billion. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $3.66 EPS. Equities research analysts predict that General Dynamics Corporation will post 16.27 earnings per share for the current year.

General Dynamics Increases Dividend

The company also recently declared 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. The ex-dividend date is Friday, April 10th. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio (DPR) is 41.17%.

Key Headlines Impacting General Dynamics

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

• Positive Sentiment: Q1 beat and guidance raise: GD reported EPS $4.10 vs. $3.67 est., revenue ~$13.5B vs. $12.7B est., bookings ~$26.6B and backlog ~ $131B; management raised FY26 EPS guidance to $16.45–$16.55 — the core catalyst lifting the stock. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: High‑profile price target upgrades: Morgan Stanley raised its target to $435 (overweight) and JPMorgan lifted its target to $400 (overweight), signaling dealer confidence in GD’s Marine and Aerospace momentum. Morgan Stanley raises price target on General Dynamics to $435
• Neutral Sentiment: Analysts mixed but generally positive: RBC reaffirmed a sector‑perform view with a $385 target, keeping some moderation in expectations despite the beat. RBC reaffirms sector perform on GD
• Neutral Sentiment: Defense demand backdrop: industry writes point to stronger defense spending and large backlogs (e.g., Northrop Grumman’s backlog), and reports that U.S. bases in the Middle East may need rebuilding — supportive for long‑term revenue but increases near‑term volatility. Northrop Grumman Gains From Strong Backlog and Rising Defense Demand
• Negative Sentiment: Some broker trims: BNP Paribas Exane cut its target to $390 (still outperform) and DA Davidson trimmed its target to $375 — these reductions add near‑term pressure and show differing views on sustainable upside. BNP Paribas adjusts price target on General Dynamics to $390 from $430 DA Davidson trims price target on General Dynamics to $375

Insider Activity

In related news, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following 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 legal filing with the SEC, which is accessible through this link. Also, VP Mark Rayha sold 4,370 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the sale, the vice president owned 7,936 shares in the company, valued at $2,767,997.44. This represents a 35.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 51,260 shares of company stock worth $18,133,971. Insiders own 1.40% 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.