Parcion Private Wealth LLC Acquires 1,442 Shares of General Dynamics Corporation $GD

Parcion Private Wealth LLC lifted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 38.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,213 shares of the aerospace company’s stock after acquiring an additional 1,442 shares during the period. Parcion Private Wealth LLC’s holdings in General Dynamics were worth $1,730,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Whipplewood Advisors LLC boosted its stake in General Dynamics by 1,725.0% in the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 69 shares in the last quarter. Wellington Altus USA Inc. grew its position in General Dynamics by 77.8% during the 2nd quarter. Wellington Altus USA Inc. now owns 80 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 35 shares during the last quarter. Downshift Financial LLC grew its position in General Dynamics by 134.3% during the 3rd quarter. Downshift Financial LLC now owns 82 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 47 shares during the last quarter. Morton Brown Family Wealth LLC increased its stake in General Dynamics by 182.8% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 82 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 53 shares in the last quarter. Finally, John Boyer Inc. acquired a new position in General Dynamics during the 3rd quarter valued at approximately $28,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on GD shares. Morgan Stanley raised their price target on shares of General Dynamics from $435.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. TD Cowen dropped their price objective on shares of General Dynamics from $420.00 to $380.00 and set a “buy” rating on the stock in a report on Friday, October 9th. BNP Paribas Exane boosted their price objective 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. Bank of America upped their target price on General Dynamics from $400.00 to $415.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Finally, Wall Street Zen lowered General Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $402.44.

General Dynamics News Roundup

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

• Positive Sentiment: Q3 results exceeded expectations. General Dynamics reported diluted EPS of $4.49, up 15.7% year over year and ahead of the roughly $4.12–$4.14 analyst consensus. Revenue rose 12.9% to $14.57 billion, exceeding estimates near $13.72 billion. General Dynamics Reports Third-Quarter 2026 Financial Results
• Positive Sentiment: Growth was broad-based. Performance improved across all four operating segments, with Gulfstream business-jet demand and marine bookings helping drive the beat. Operating earnings increased 14.7% to $1.5 billion, while operating margin expanded to 10.5%. General Dynamics tops quarterly results as Gulfstream, marine drive bookings
• Positive Sentiment: Backlog reached a record level. Quarterly orders totaled approximately $98.8 billion, including $93.8 billion in defense orders, producing a 6.8-to-1 book-to-bill ratio. Ending backlog was about $220.3 billion, supporting future revenue visibility and reinforcing the company’s exposure to sustained defense spending. General Dynamics Q3 Revenue Rises 12.9% to $14.6 Billion
• Positive Sentiment: Cash generation and outlook were supportive. General Dynamics generated $1.7 billion in operating cash flow, equal to 139% of net earnings, and management raised its guidance, providing an additional catalyst for investors. General Dynamics CEO Signs Off After 14 Years With Record $220 Billion Backlog
• Neutral Sentiment: Chief Executive Officer Phebe Novakovic is signing off after 14 years, with the transition occurring as the company reports record backlog. The strong operating results reduce immediate concern, but investors may watch for continuity under new leadership. General Dynamics Q3 2026 Earnings Call Transcript
• Negative Sentiment: Recent insider-trading data shows multiple executives, including the CEO, selling shares and no reported insider purchases over the past six months. This is a secondary concern compared with the earnings beat but could limit some investor enthusiasm.

General Dynamics Price Performance

Shares of NYSE:GD opened at $372.72 on Friday. General Dynamics Corporation has a twelve month low of $306.77 and a twelve month high of $400.00. 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 company has a market cap of $100.84 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.18 and a beta of 0.33. The company’s 50 day moving average is $351.44 and its 200 day moving average is $355.06.

General Dynamics (NYSE:GD) last announced 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. The business had revenue of $14.57 billion during the quarter, compared to analysts’ expectations of $13.72 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the business posted $3.88 EPS. On average, sell-side analysts forecast that General Dynamics Corporation will post 16.99 EPS for the current year.

General Dynamics Dividend Announcement

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 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, October 9th. General Dynamics’s dividend payout ratio (DPR) is 38.80%.

Insider Buying and Selling at General Dynamics

In related news, Director Robert K. Steel sold 7,440 shares of the firm’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the completion of the transaction, the director owned 3,096 shares of the company’s stock, valued at $1,071,370.80. This trade represents a 70.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Phebe Novakovic sold 51,568 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the transaction, the chief executive officer owned 766,457 shares of the company’s stock, valued at $293,231,119.06. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.40% of the company’s stock.

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.