General Dynamics Corporation $GD Stake Lifted by Fifth Third Bancorp

Fifth Third Bancorp lifted its stake in shares of General Dynamics Corporation (NYSE:GD) by 1.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 228,849 shares of the aerospace company’s stock after purchasing an additional 2,250 shares during the period. Fifth Third Bancorp’s holdings in General Dynamics were worth $77,044,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Danske Bank A S lifted its position in General Dynamics by 24.3% in the fourth quarter. Danske Bank A S now owns 78,946 shares of the aerospace company’s stock worth $26,578,000 after purchasing an additional 15,443 shares during the period. Mutual Advisors LLC increased its position in shares of General Dynamics by 0.6% during the 4th quarter. Mutual Advisors LLC now owns 8,410 shares of the aerospace company’s stock valued at $2,831,000 after purchasing an additional 52 shares during the period. GenTrust LLC raised its stake in shares of General Dynamics by 41.0% in the 4th quarter. GenTrust LLC now owns 1,998 shares of the aerospace company’s stock worth $673,000 after buying an additional 581 shares in the last quarter. Belleair Asset Management LLC bought a new stake in shares of General Dynamics in the 4th quarter worth $240,000. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of General Dynamics by 1.8% in the fourth quarter. Citizens Financial Group Inc. RI now owns 7,939 shares of the aerospace company’s stock valued at $2,673,000 after buying an additional 138 shares during the period. Institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 target price on shares of General Dynamics in a report on Monday, January 12th. TD Cowen upped their price target on shares of General Dynamics from $370.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. BNP Paribas Exane lifted their price objective on shares of General Dynamics from $410.00 to $430.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 7th. Wolfe Research boosted their target price on shares of General Dynamics from $400.00 to $415.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Finally, Jefferies Financial Group cut their target price on shares of General Dynamics from $385.00 to $380.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Two 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $390.47.

Insider Activity

In related news, EVP Marguerite Amy Gilliland sold 3,819 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $353.50, for a total value of $1,350,016.50. Following the completion of the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at approximately $15,825,134.50. This trade represents a 7.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Mark Rayha sold 4,370 shares of General Dynamics 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 transaction, the vice president owned 7,936 shares in the company, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 51,260 shares of company stock valued at $18,133,971. 1.40% of the stock is currently owned by insiders.

General Dynamics Trading Up 1.9%

Shares of NYSE 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. General Dynamics Corporation has a 12 month low of $266.98 and a 12 month high of $369.70. The company has a market cap of $93.49 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 2.26 and a beta of 0.38. The business has a fifty day simple moving average of $345.59 and a 200-day simple moving average of $346.18.

General Dynamics (NYSE:GD) last issued its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $12.70 billion. During the same quarter last year, the business posted $3.66 EPS. General Dynamics’s revenue was up 10.3% on a year-over-year basis. Sell-side analysts predict that General Dynamics Corporation will post 16.3 EPS for the current year.

General Dynamics Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. 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. General Dynamics’s payout ratio is 41.17%.

Key General Dynamics News

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

• Positive Sentiment: Q1 beat and guidance raise — GD reported Q1 revenue ~$13.5B and EPS $4.10, both above Street estimates; management raised FY‑2026 EPS guidance to $16.45–$16.55 and cited US$26.6B in quarterly bookings and a backlog near US$131B, boosting confidence in forward earnings. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Morgan Stanley raises target — Morgan Stanley moved its price target to $435 and kept an overweight rating, signalling a sizable analyst‑driven upside and likely contributing to buying interest. Morgan Stanley raises price target on General Dynamics to $435
• Positive Sentiment: JPMorgan raises target — JPMorgan raised its target to $400 and placed GD on overweight, reinforcing the buy‑side narrative and supporting momentum after the beat‑and‑raise. Benzinga: JPMorgan raises GD price target
• Positive Sentiment: Order flow & shipbuilding updates — Management highlighted strong shipbuilding results (including Columbia‑class sub schedule tracking) and a roughly 2:1 book‑to‑bill driven by Marine and Combat systems, supporting revenue visibility and cash flow. General Dynamics Reports First-Quarter 2026 Financial Results
• Neutral Sentiment: RBC reaffirms rating — Royal Bank of Canada kept a “sector perform” rating with a $385 target; the note is less bullish than other broker moves and represents a moderate offset to upgrades. Benzinga: RBC reaffirms sector perform on GD

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.