General Dynamics Corporation $GD Shares Purchased by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC boosted its stake in General Dynamics Corporation (NYSE:GD) by 5,098.4% in the third quarter, Holdings Channel reports. The fund owned 3,275 shares of the aerospace company’s stock after buying an additional 3,212 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in General Dynamics were worth $1,087,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Associated Banc Corp purchased a new stake in General Dynamics during the 3rd quarter worth $430,000. Putney Financial Group LLC boosted its position in General Dynamics by 8.1% in the 3rd quarter. Putney Financial Group LLC now owns 1,106 shares of the aerospace company’s stock valued at $367,000 after buying an additional 83 shares during the last quarter. Gallacher Capital Management LLC acquired a new stake in shares of General Dynamics during the third quarter valued at about $390,000. Gerber Kawasaki Wealth & Investment Management grew its stake 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 acquiring an additional 299 shares in the last quarter. Finally, XML Financial LLC increased its position in shares of General Dynamics by 0.9% during the third quarter. XML Financial LLC now owns 5,742 shares of the aerospace company’s stock worth $1,905,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Price Performance

Shares of GD stock opened at $365.13 on Thursday. The firm has a fifty day moving average of $350.79 and a two-hundred day moving average of $355.13. The firm has a market cap of $98.66 billion, a P/E ratio of 22.03, a P/E/G ratio of 2.15 and a beta of 0.30. General Dynamics Corporation has a 1-year low of $306.77 and a 1-year high of $400.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.43 and a quick ratio of 0.94.

General Dynamics (NYSE:GD) last issued its earnings results on Friday, October 30th. The aerospace company reported $4.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $13.72 billion. During the same quarter in the prior year, the business posted $3.88 EPS. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. As a group, research analysts anticipate that General Dynamics Corporation will post 17.29 earnings per share for the current fiscal year.

General Dynamics News Roundup

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.

Insider Buying and Selling

In related 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 directly 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 through this link. Company insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

GD has been the topic of several recent analyst reports. Sanford C. Bernstein boosted their price target on General Dynamics from $365.00 to $386.00 and gave the stock a “market perform” rating in a research note on Tuesday. Wells Fargo & Company raised their price objective on General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Wall Street Zen downgraded General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of General Dynamics in a research report on Monday, September 28th. Finally, Robert W. Baird set a $430.00 target price on General Dynamics in a research note on Thursday, July 30th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $408.94.

General Dynamics 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.