PNC Financial Services Group Inc. Raises Stock Holdings in General Dynamics Corporation $GD

PNC Financial Services Group Inc. increased its stake in shares of General Dynamics Corporation (NYSE:GD) by 0.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 200,080 shares of the aerospace company’s stock after purchasing an additional 1,426 shares during the period. PNC Financial Services Group Inc. owned approximately 0.07% of General Dynamics worth $68,671,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in GD. Wilkerson Advisory Group LLC raised its holdings in shares of General Dynamics by 79.6% in the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 39 shares in the last quarter. Glenview Trust Co increased its holdings in General Dynamics by 3.6% in the first quarter. Glenview Trust Co now owns 11,557 shares of the aerospace company’s stock valued at $3,967,000 after buying an additional 398 shares during the last quarter. Summit Global Investments raised its stake in General Dynamics by 249.8% in the first quarter. Summit Global Investments now owns 4,302 shares of the aerospace company’s stock valued at $1,477,000 after buying an additional 3,072 shares in the last quarter. Earned Wealth Advisors LLC raised its position in shares of General Dynamics by 3.5% during the 1st quarter. Earned Wealth Advisors LLC now owns 1,539 shares of the aerospace company’s stock worth $528,000 after acquiring an additional 52 shares in the last quarter. Finally, Meeder Advisory Services Inc. increased its stake in General Dynamics by 5.4% in the first quarter. Meeder Advisory Services Inc. now owns 6,416 shares of the aerospace company’s stock valued at $2,202,000 after purchasing an additional 327 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at General Dynamics

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the sale, the director directly owned 10,643 shares in the company, valued at approximately $3,884,695. This trade represents a 33.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark Lagrand Burns sold 36,480 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total transaction of $12,596,179.20. Following the transaction, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,457,677.75. The trade was a 48.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 78,190 shares of company stock worth $27,041,022 over the last ninety days. 1.40% of the stock is owned by corporate insiders.

Key General Dynamics News

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

• Positive Sentiment: General Dynamics hit a new 52-week high after reports highlighted an earnings beat, analyst upgrades, and a $209 million defense contract modification that reinforces its backlog and revenue visibility. General Dynamics (GD) Stock Surges to 52-Week Peak in July 2026
• Positive Sentiment: Investor sentiment is also being lifted by broad defense-sector strength, with peers posting strong earnings and raising guidance, which is boosting expectations for GD’s upcoming quarterly report. Why General Dynamics (GD) Stock Is Up Today
• Positive Sentiment: Analysts and valuation-focused coverage continue to frame GD as attractive, with articles calling it a top long-term value stock and comparing it favorably with other aerospace-defense names. Why General Dynamics (GD) is a Top Value Stock for the Long-Term

Analyst Upgrades and Downgrades

GD has been the topic of several recent research reports. Wells Fargo & Company initiated coverage on General Dynamics in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $400.00 price target on the stock. The Goldman Sachs Group decreased their price objective on General Dynamics from $327.00 to $313.00 and set a “sell” rating for the company in a research report on Monday, May 4th. Bank of America boosted their price objective on shares of General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of General Dynamics from $387.00 to $377.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, DA Davidson decreased their price target on General Dynamics from $384.00 to $375.00 in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, General Dynamics presently has an average rating of “Moderate Buy” and an average price target of $391.15.

General Dynamics Stock Up 2.1%

NYSE GD opened at $380.99 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. General Dynamics Corporation has a fifty-two week low of $306.03 and a fifty-two week high of $387.69. The business has a 50 day moving average price of $355.14 and a two-hundred day moving average price of $351.52. The stock has a market cap of $103.03 billion, a PE ratio of 23.98, a P/E/G ratio of 2.25 and a beta of 0.34.

General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.43. The company had revenue of $13.48 billion during 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 company’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm earned $3.66 earnings per share. As a group, sell-side analysts predict that General Dynamics Corporation will post 16.66 EPS for the current fiscal year.

General Dynamics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 2nd will be paid a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, July 2nd. General Dynamics’s payout ratio is presently 40.03%.

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.