Strs Ohio Purchases 12,992 Shares of General Dynamics Corporation $GD

Strs Ohio boosted its position in shares of General Dynamics Corporation (NYSE:GD) by 21.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,564 shares of the aerospace company’s stock after acquiring an additional 12,992 shares during the period. Strs Ohio’s holdings in General Dynamics were worth $24,429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GD. Vanguard Group Inc. lifted 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 worth $8,338,169,000 after buying an additional 528,769 shares in the last quarter. Ameriprise Financial Inc. lifted 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 worth $1,236,900,000 after buying an additional 187,435 shares in the last quarter. Northern Trust Corp lifted its holdings in 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 buying an additional 863,392 shares in the last quarter. Franklin Resources Inc. lifted its holdings in 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 buying an additional 58,524 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in 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 buying an additional 901,679 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

General Dynamics Stock Performance

GD stock opened at $345.49 on Friday. The business’s fifty day moving average is $345.59 and its 200-day moving average is $346.26. 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 company has a market cap of $93.43 billion, a P/E ratio of 21.74, a price-to-earnings-growth ratio of 2.31 and a beta of 0.34. General Dynamics Corporation has a twelve month low of $266.98 and a twelve month high of $369.70.

General Dynamics (NYSE:GD) last posted its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.43. The company had revenue of $13.48 billion for the quarter, compared to the consensus estimate of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.66 EPS. Equities research analysts forecast that General Dynamics Corporation will post 16.46 EPS for the current year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be paid a $1.59 dividend. This is an increase from General Dynamics’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is currently 40.03%.

Insider Buying and Selling

In related news, VP Mark Rayha sold 4,370 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $348.79, for a total value of $1,524,212.30. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the sale, the executive vice president owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This represents a 7.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 51,260 shares of company stock worth $18,133,971. Company insiders own 1.40% of the company’s stock.

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

Wall Street Analysts Forecast Growth

GD has been the topic of several research reports. TD Cowen upped their price objective on General Dynamics from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Wells Fargo & Company initiated coverage on General Dynamics in a report on Wednesday, April 1st. They set an “overweight” rating and a $400.00 price objective on the stock. Argus upped their price objective on General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. DA Davidson reduced their price objective on General Dynamics from $384.00 to $375.00 in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft downgraded 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. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $387.70.

About General Dynamics

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.