Junto Capital Management LP Cuts Stock Position in General Dynamics Corporation $GD

Junto Capital Management LP lessened its holdings in General Dynamics Corporation (NYSE:GD) by 14.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 138,053 shares of the aerospace company’s stock after selling 22,422 shares during the period. Junto Capital Management LP owned approximately 0.05% of General Dynamics worth $48,904,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Whipplewood Advisors LLC boosted its position in shares of General Dynamics by 1,725.0% during the first quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $25,000 after buying an additional 69 shares during the period. Scarborough Advisors LLC purchased a new stake in shares of General Dynamics in the first quarter worth approximately $29,000. Wilkerson Advisory Group LLC lifted its stake in shares of General Dynamics by 79.6% during the 1st quarter. Wilkerson Advisory Group LLC now owns 88 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 39 shares during the last quarter. Paladin Partners LLC bought a new stake in shares of General Dynamics during the 2nd quarter worth approximately $30,000. Finally, Center for Financial Planning Inc. boosted its holdings in General Dynamics by 220.7% during the 4th quarter. Center for Financial Planning Inc. now owns 93 shares of the aerospace company’s stock valued at $31,000 after acquiring an additional 64 shares during the period. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on GD. Susquehanna increased their target price on General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a research note on Thursday, July 30th. Bank of America upped their price target on shares of General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $384.00 price objective on shares of General Dynamics in a report on Thursday, July 30th. Jefferies Financial Group boosted their price objective on shares of General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $411.58.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $352.78 on Thursday. The company has a current ratio of 1.44, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The stock’s fifty day moving average price is $378.56 and its 200-day moving average price is $357.52. The firm has a market cap of $95.45 billion, a P/E ratio of 21.52, a P/E/G ratio of 2.06 and a beta of 0.32. General Dynamics Corporation has a 12 month low of $306.77 and a 12 month high of $400.00.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.96 by $0.28. The company had revenue of $14.09 billion for 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 quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, equities research analysts expect that General Dynamics Corporation will post 16.99 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s dividend payout ratio (DPR) is currently 38.80%.

Insider Activity

In other General Dynamics news, EVP Marguerite Gilliland sold 43,180 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark Malcolm sold 5,480 shares of the stock in a transaction on Wednesday, June 17th. The shares were 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 $3,884,695. This trade represents a 33.99% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 100,228 shares of company stock worth $38,052,853. Corporate insiders own 1.40% of the company’s stock.

About General Dynamics

General Dynamics Corporation (NYSE:GD) is an aerospace and defense company that develops and delivers products and services for government and commercial customers. Its operations are organized across four principal business areas: Aerospace, Marine Systems, Combat Systems and Technologies.

Through its Aerospace business, General Dynamics manufactures Gulfstream business jets and provides aircraft maintenance, repair and refurbishment services. Its Marine Systems businesses design and build nuclear-powered submarines and surface ships, while Combat Systems produces military vehicles, weapons systems and munitions.