Nwam LLC Has $524,000 Holdings in General Dynamics Corporation $GD

Nwam LLC cut its holdings in shares of General Dynamics Corporation (NYSE:GD) by 48.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,478 shares of the aerospace company’s stock after selling 1,413 shares during the period. Nwam LLC’s holdings in General Dynamics were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Oxford Financial Group LTD. LLC increased its stake in General Dynamics by 1.9% during the 2nd quarter. Oxford Financial Group LTD. LLC now owns 1,426 shares of the aerospace company’s stock worth $505,000 after purchasing an additional 26 shares in the last quarter. Willner & Heller LLC boosted its stake 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 period. Meriwether Wealth & Planning LLC increased its holdings in General Dynamics by 0.8% during 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 in the last quarter. Capital Advisors Inc. OK raised its stake in shares of General Dynamics by 0.6% in the 2nd quarter. Capital Advisors Inc. OK now owns 4,551 shares of the aerospace company’s stock valued at $1,612,000 after purchasing an additional 29 shares during the period. Finally, Klingman & Associates LLC lifted its holdings in shares of General Dynamics by 3.3% in the first quarter. Klingman & Associates LLC now owns 949 shares of the aerospace company’s stock valued at $326,000 after purchasing an additional 30 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on GD shares. Bank of America upped their price objective on General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Royal Bank Of Canada boosted their target price on General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Citigroup upped their price target on General Dynamics from $364.00 to $404.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $421.00 price objective on shares of General Dynamics in a report on Monday, August 10th. Finally, Morgan Stanley increased their target price on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $410.89.

Insider Activity

In other General Dynamics news, Director Mark Malcolm sold 5,480 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the transaction, the director owned 10,643 shares of the company’s stock, valued at $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Marguerite Gilliland sold 43,180 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $378.04, for a total value of $16,323,767.20. Following the completion of the sale, the executive vice president owned 44,767 shares in the company, valued at $16,923,716.68. This represents a 49.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 100,228 shares of company stock valued at $38,052,853. 1.40% of the stock is owned by company insiders.

General Dynamics Trading Up 0.5%

Shares of General Dynamics stock opened at $366.04 on Friday. The stock has a market cap of $99.04 billion, a P/E ratio of 22.33, a P/E/G ratio of 2.10 and a beta of 0.32. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. General Dynamics Corporation has a 12-month low of $306.77 and a 12-month high of $400.00. The business’s 50 day moving average is $378.22 and its 200-day moving average is $357.27.

General Dynamics (NYSE:GD) last released its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $3.96 by $0.28. The business 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%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the business earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities research analysts predict that General Dynamics Corporation will post 16.97 earnings per share for the current fiscal year.

General Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 9th will be paid a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 annualized dividend and a dividend yield of 1.7%. General Dynamics’s payout ratio is currently 38.80%.

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.