3,857 General Dynamics Corporation $GD Shares Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its position in General Dynamics Corporation (NYSE:GD) by 9.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,014 shares of the aerospace company’s stock after acquiring an additional 3,857 shares during the quarter. Rakuten Investment Management Inc.’s holdings in General Dynamics were worth $14,628,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Provenance Wealth Advisors LLC increased its stake in General Dynamics by 5,098.4% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 3,275 shares of the aerospace company’s stock valued at $1,087,000 after purchasing an additional 3,212 shares in the last quarter. Associated Banc Corp bought a new position in shares of General Dynamics in the third quarter worth approximately $430,000. Putney Financial Group LLC lifted its stake in shares of General Dynamics by 8.1% in the third quarter. Putney Financial Group LLC now owns 1,106 shares of the aerospace company’s stock worth $367,000 after buying an additional 83 shares in the last quarter. Gallacher Capital Management LLC bought a new position in shares of General Dynamics in the third quarter worth approximately $390,000. Finally, Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of General Dynamics by 29.4% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,317 shares of the aerospace company’s stock valued at $437,000 after buying an additional 299 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

GD has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on General Dynamics from $400.00 to $440.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Morgan Stanley upped their target price on shares of General Dynamics from $465.00 to $480.00 and gave the company an “overweight” rating in a research note on Tuesday. TD Cowen lowered their target price on shares of General Dynamics from $420.00 to $380.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. BNP Paribas Exane lifted their price target on shares of General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Sanford C. Bernstein lifted their price target on shares of General Dynamics from $365.00 to $386.00 and gave the stock a “market perform” rating in a research note on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $408.94.

Insider Activity at General Dynamics

In other General Dynamics news, Director Robert K. Steel sold 7,440 shares of the company’s stock in a transaction on 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 transaction, the director owned 3,096 shares of the company’s stock, valued at $1,071,370.80. This represents a 70.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

More General Dynamics News

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

• Positive Sentiment: Zacks upgraded GD to Rank #2 (Buy), citing improving earnings prospects—a potentially supportive signal for near-term sentiment. Zacks upgrade article
• Positive Sentiment: General Dynamics raised its FY 2026 outlook to EPS of $17.20–$17.30 and revenue of $56.5–$56.8 billion, above the cited consensus estimates of $17.00 and $55.9 billion, respectively. Guidance report
• Positive Sentiment: Analyst coverage was broadly constructive: Citigroup reportedly expects the stock to rise, RBC raised its price target, and Morgan Stanley lifted its target to $480 with an Overweight rating. Morgan Stanley cited Marine Systems productivity gains and a Gulfstream delivery ramp as growth supports. Morgan Stanley analysis
• Neutral Sentiment: Coverage highlighted GD’s sizable backlog as a source of potential long-term demand, while also flagging execution risks. The supplied article details do not specify the risks. Backlog analysis
• Neutral Sentiment: A comparison of General Dynamics and GE Aerospace against their sector was published, but the summary provided does not include performance figures or a clear implication for GD. Sector comparison
• Negative Sentiment: The execution concerns mentioned in backlog coverage could weigh on investor sentiment if delivery or program performance falls short, though no specific issue was provided.

General Dynamics Price Performance

NYSE:GD opened at $365.13 on Thursday. The company has a market capitalization of $98.66 billion, a P/E ratio of 21.48, a P/E/G ratio of 2.15 and a beta of 0.30. 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 $350.79 and its 200 day moving average is $355.13. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.23.

General Dynamics (NYSE:GD) last released its quarterly earnings data on Friday, October 30th. The aerospace company reported $4.49 EPS for the quarter, beating the consensus estimate of $4.12 by $0.37. General Dynamics had a net margin of 8.24% and a return on equity of 17.60%. The business had revenue of $14.57 billion during the quarter, compared to analyst estimates of $13.72 billion. During the same quarter last year, the business earned $3.88 earnings per share. General Dynamics’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, equities research analysts forecast that General Dynamics Corporation will post 17.29 earnings per share for the current fiscal year.

General Dynamics Company Profile

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.