213,364 General Dynamics Corporation $GD Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its position in shares of General Dynamics Corporation (NYSE:GD) by 98.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 3,159 shares of the aerospace company’s stock after selling 213,364 shares during the quarter. Curated Wealth Partners LLC’s holdings in General Dynamics were worth $1,048,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GD. Oxford Financial Group LTD. LLC grew its stake in General Dynamics by 1.9% in the second quarter. Oxford Financial Group LTD. LLC now owns 1,426 shares of the aerospace company’s stock valued at $505,000 after purchasing an additional 26 shares in the last quarter. Willner & Heller LLC increased its position in General Dynamics by 1.4% in the 2nd quarter. Willner & Heller LLC now owns 2,050 shares of the aerospace company’s stock worth $726,000 after purchasing an additional 28 shares during the last quarter. Meriwether Wealth & Planning LLC increased its position in General Dynamics by 0.8% in the 2nd quarter. Meriwether Wealth & Planning LLC now owns 3,443 shares of the aerospace company’s stock worth $1,220,000 after purchasing an additional 28 shares during the last quarter. Capital Advisors Inc. OK increased its position in General Dynamics by 0.6% in the 2nd quarter. Capital Advisors Inc. OK now owns 4,551 shares of the aerospace company’s stock worth $1,612,000 after purchasing an additional 29 shares during the last quarter. Finally, Klingman & Associates LLC raised its stake in shares of General Dynamics by 3.3% during the 1st quarter. Klingman & Associates LLC now owns 949 shares of the aerospace company’s stock worth $326,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insiders Place Their Bets

In other General Dynamics news, Director Robert K. Steel sold 7,440 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $346.05, for a total value of $2,574,612.00. Following the completion of the sale, the director owned 3,096 shares of the company’s stock, valued at $1,071,370.80. The trade was a 70.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Marguerite Gilliland sold 43,180 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $378.04, for a total value of $16,323,767.20. Following the sale, the executive vice president owned 44,767 shares of the company’s stock, valued at approximately $16,923,716.68. This trade represents a 49.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 102,188 shares of company stock valued at $38,627,265 over the last quarter. Insiders own 1.40% of the company’s stock.

General Dynamics Stock Up 0.7%

GD stock opened at $336.97 on Friday. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a 1 year low of $306.77 and a 1 year high of $400.00. The company has a fifty day simple moving average of $359.44 and a 200 day simple moving average of $355.08. The firm has a market cap of $91.17 billion, a PE ratio of 20.56, a PEG ratio of 1.93 and a beta of 0.33.

General Dynamics (NYSE:GD) last issued its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.28. The firm had revenue of $14.09 billion during the quarter, compared to analysts’ expectations of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. General Dynamics’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Sell-side analysts anticipate that General Dynamics Corporation will post 16.98 EPS for the current fiscal year.

General Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. This represents a $6.36 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is 38.80%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Susquehanna lifted their price target on General Dynamics from $420.00 to $455.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Morgan Stanley boosted their price target on General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Citigroup dropped their price objective on General Dynamics from $404.00 to $374.00 and set a “neutral” rating on the stock in a report on Wednesday, October 7th. Jefferies Financial Group increased their price objective on General Dynamics from $400.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, UBS Group raised their price objective on shares of General Dynamics from $395.00 to $408.00 and gave the company a “neutral” rating in a research report on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $402.32.

General Dynamics Company Profile

General Dynamics Corporation (NYSE:GD) is an aerospace and defense company that develops and delivers products and services for government and commercial customers. The company operates through four primary business segments: Aerospace, Marine Systems, Combat Systems, and Technologies.

Its Aerospace segment designs and manufactures Gulfstream business jets and provides aircraft support services. Marine Systems builds nuclear-powered submarines and surface ships for the U.S. Navy, while Combat Systems produces armored vehicles, combat systems, weapons, and munitions.