PensionDanmark Pensionsforsikringsaktieselskab Boosts Stock Position in General Dynamics Corporation $GD

PensionDanmark Pensionsforsikringsaktieselskab grew its position in General Dynamics Corporation (NYSE:GD) by 17.1% during the second quarter, Holdings Channel reports. The firm owned 57,760 shares of the aerospace company’s stock after acquiring an additional 8,429 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in General Dynamics were worth $20,461,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Apella Capital LLC increased its holdings in General Dynamics by 3.1% in the 2nd quarter. Apella Capital LLC now owns 27,919 shares of the aerospace company’s stock worth $10,459,000 after buying an additional 837 shares during the period. 55 North Private Wealth LLC lifted its stake in General Dynamics by 37.0% during the 2nd quarter. 55 North Private Wealth LLC now owns 1,070 shares of the aerospace company’s stock valued at $379,000 after acquiring an additional 289 shares during the period. Evanson Financial LLC acquired a new stake in shares of General Dynamics in the second quarter worth $304,000. Willner & Heller LLC raised its holdings in shares of General Dynamics by 1.4% during the second 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 last quarter. Finally, Baron Wealth Management LLC raised its holdings in shares of General Dynamics by 15.2% during the second quarter. Baron Wealth Management LLC now owns 956 shares of the aerospace company’s stock worth $339,000 after purchasing an additional 126 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

General Dynamics Stock Performance

General Dynamics stock opened at $386.32 on Friday. The firm has a 50 day simple moving average of $363.93 and a 200-day simple moving average of $353.39. 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 1.44 and a quick ratio of 0.96. The stock has a market cap of $104.52 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 2.22 and a beta of 0.33.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 17.43% and a net margin of 8.18%.The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. On average, analysts expect that General Dynamics Corporation will post 16.97 EPS for the current year.

General Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be issued a dividend of $1.59 per share. This represents a $6.36 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s payout ratio is 38.80%.

Wall Street Analyst Weigh In

GD has been the topic of several recent research reports. Royal Bank Of Canada upped their price target on shares of General Dynamics from $385.00 to $410.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. BNP Paribas Exane lifted their target price on shares of General Dynamics from $390.00 to $430.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Jefferies Financial Group raised their target price on General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. TD Cowen upped their price target on General Dynamics from $390.00 to $420.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Wells Fargo & Company boosted their price objective on General Dynamics from $400.00 to $440.00 and gave the company an “overweight” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $409.68.

Insiders Place Their Bets

In other news, EVP Mark Lagrand Burns sold 36,480 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total value of $12,596,179.20. Following the completion of the transaction, the executive vice president owned 38,975 shares in the company, valued at approximately $13,457,677.75. This represents a 48.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Marguerite Amy Gilliland sold 43,180 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the completion of the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at $16,923,716.68. This represents a 49.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 172,938 shares of company stock valued at $63,093,675. 1.40% of the stock is owned by company insiders.

Key Stories Impacting General Dynamics

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

• Positive Sentiment: Strong earnings momentum: General Dynamics recently reported quarterly earnings of $4.24 per share, exceeding the $3.96 consensus estimate, while revenue of $14.09 billion also surpassed expectations and increased 8.1% year over year. Full-year 2026 guidance remains $16.80–$16.90 per share, supporting the company’s growth outlook.
• Positive Sentiment: Higher analyst price target: Wells Fargo raised its price target for GD to $440, indicating perceived upside from recent trading levels and reinforcing generally constructive analyst sentiment. The broader analyst consensus is “Moderate Buy,” with an average target of approximately $409.68. Wells Fargo Raises General Dynamics Price Target
• Positive Sentiment: Dividend declared: The board authorized a regular quarterly dividend of $1.59 per share, payable November 13 to shareholders of record October 9. The $6.36 annualized payout represents a yield of about 1.6% and provides ongoing income support for investors. General Dynamics Board Declares Dividend
• Neutral Sentiment: Board appointment: General Dynamics elected Danny Deep to its board of directors. The move may add relevant leadership or industry expertise, but the company provided no details suggesting an immediate financial impact. General Dynamics Elects Danny Deep to Board
• Negative Sentiment: Executive stock sale: EVP Marguerite Amy Gilliland sold 43,180 shares worth approximately $16.3 million, reducing her direct holdings by 49.1%. Although insider sales can reflect personal financial planning, the transaction may modestly weigh on sentiment.

General Dynamics Profile

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.