Kelleher Financial Advisors Invests $461,000 in General Dynamics Corporation $GD

Kelleher Financial Advisors acquired a new stake in General Dynamics Corporation (NYSE:GD) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,300 shares of the aerospace company’s stock, valued at approximately $461,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake in General Dynamics by 118.3% in the third quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock worth $567,372,000 after purchasing an additional 901,679 shares during the last quarter. Northern Trust Corp boosted its position in General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock valued at $1,136,525,000 after buying an additional 863,392 shares during the period. Balyasny Asset Management L.P. grew its stake in shares of General Dynamics by 831.1% during the third quarter. Balyasny Asset Management L.P. now owns 737,259 shares of the aerospace company’s stock valued at $251,405,000 after buying an additional 658,081 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of General Dynamics by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 24,767,330 shares of the aerospace company’s stock worth $8,338,169,000 after buying an additional 528,769 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of General Dynamics by 613.0% in the fourth quarter. Corient Private Wealth LLC now owns 613,732 shares of the aerospace company’s stock worth $206,619,000 after buying an additional 527,651 shares during the period. Institutional investors own 86.14% of the company’s stock.

Insider Activity at General Dynamics

In related news, EVP Marguerite Amy Gilliland sold 43,180 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was 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 of the company’s stock, valued at $16,923,716.68. This trade represents a 49.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the completion of the sale, the director owned 10,643 shares in the company, valued at approximately $3,884,695. This trade represents a 33.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 100,228 shares of company stock worth $38,052,853 over the last quarter. 1.40% of the stock is owned by corporate insiders.

General Dynamics Stock Up 0.6%

NYSE GD opened at $395.46 on Friday. General Dynamics Corporation has a 1 year low of $306.77 and a 1 year high of $400.00. The stock has a market capitalization of $106.99 billion, a PE ratio of 24.13, a PEG ratio of 2.29 and a beta of 0.33. 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 business’s 50-day moving average is $370.17 and its 200 day moving average is $354.71.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating analysts’ consensus estimates of $3.96 by $0.28. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business had revenue of $14.09 billion during the quarter, compared to analyst estimates of $13.52 billion. During the same quarter in the prior year, the company posted $3.74 EPS. General Dynamics’s quarterly revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Sell-side analysts forecast that General Dynamics Corporation will post 16.97 earnings per share for the current year.

General Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors 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 dividend yield of 1.6%. The ex-dividend date is Friday, October 9th. General Dynamics’s dividend payout ratio is currently 38.80%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on GD shares. Wall Street Zen cut General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings raised General Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Jefferies Financial Group boosted their price objective on General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $384.00 price objective on shares of General Dynamics in a research note on Thursday, July 30th. Finally, UBS Group lifted their target price on shares of General Dynamics from $366.00 to $395.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, General Dynamics currently has a consensus rating of “Moderate Buy” and an average price target of $410.89.

General Dynamics Company 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.