Gateway Wealth Partners LLC Takes Position in General Dynamics Corporation $GD

Gateway Wealth Partners LLC bought a new position in General Dynamics Corporation (NYSE:GD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,553 shares of the aerospace company’s stock, valued at approximately $533,000.

A number of other hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its holdings in General Dynamics by 118.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,663,847 shares of the aerospace company’s stock valued at $567,372,000 after purchasing an additional 901,679 shares during the last quarter. Northern Trust Corp increased its holdings in shares of General Dynamics by 35.0% during the third quarter. Northern Trust Corp now owns 3,332,917 shares of the aerospace company’s stock worth $1,136,525,000 after buying an additional 863,392 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings 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 worth $251,405,000 after buying an additional 658,081 shares in the last quarter. Vanguard Group Inc. raised its stake 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 valued at $8,338,169,000 after acquiring an additional 528,769 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of General Dynamics by 613.0% in the 4th quarter. Corient Private Wealth LLC now owns 613,732 shares of the aerospace company’s stock worth $206,619,000 after acquiring an additional 527,651 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

More General Dynamics News

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

• Positive Sentiment: Quarterly results exceeded expectations. General Dynamics reported Q2 EPS of $4.24 versus the $3.96 consensus, while revenue rose 8.1% year over year to $14.1 billion, beating estimates of approximately $13.5 billion. All four business segments grew, operating margin expanded to 10.4%, and operating cash flow reached $1.9 billion. General Dynamics Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Backlog and new orders support future revenue. Q2 orders totaled $20 billion, producing a 1.4-to-1 book-to-bill ratio and a record $136.5 billion backlog. Management also raised or reaffirmed 2026 guidance at $16.80-$16.90 in EPS and approximately $55.7 billion in revenue, above current analyst expectations. General Dynamics Q2 revenue rises 8.1% to $14.1 billion
• Positive Sentiment: A $76.6 billion Navy award strengthens the long-term outlook. Electric Boat received contracts for five Columbia-class and nine Virginia-class submarines, plus shipyard infrastructure support. The award should improve visibility and capacity utilization for General Dynamics’ Marine Systems business for years. General Dynamics Electric Boat submarine award
• Positive Sentiment: Analysts raised targets following the results. Morgan Stanley lifted its target to $465 and assigned an overweight rating; Susquehanna raised its target to $455 with a positive rating; and BNP Paribas Exane increased its target to $430 with an outperform rating.
• Neutral Sentiment: Some analysts remain cautious because visibility into future U.S. defense spending is limited, despite strong fundamentals. Balanced View on General Dynamics
• Negative Sentiment: Valuation-related downgrades could limit further gains. Seeking Alpha commentators argued that strong contract tailwinds may already be reflected in the share price and that the stock’s valuation is expensive. General Dynamics: Strong Tailwinds, But The Valuation Is Pricey

Insider Activity

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the transaction, the executive vice president owned 38,975 shares in the company, valued at $13,457,677.75. This trade represents a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark Malcolm sold 5,480 shares of General Dynamics stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total value of $2,000,200.00. Following the completion of the sale, the director owned 10,643 shares of the company’s stock, valued at approximately $3,884,695. The trade was a 33.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 78,190 shares of company stock worth $27,041,022. 1.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on General Dynamics from $385.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Bank of America boosted their price objective on General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. BNP Paribas Exane increased their target price on General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a report on Thursday. 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 note on Thursday, July 9th. Finally, UBS Group raised General Dynamics from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, General Dynamics has a consensus rating of “Moderate Buy” and an average target price of $406.32.

General Dynamics Stock Performance

Shares of General Dynamics stock opened at $383.34 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 0.90. The firm has a 50 day simple moving average of $359.92 and a 200 day simple moving average of $352.70. General Dynamics Corporation has a fifty-two week low of $306.03 and a fifty-two week high of $400.00. The firm has a market cap of $103.67 billion, a P/E ratio of 23.39, a P/E/G ratio of 2.29 and a beta of 0.34.

General Dynamics (NYSE:GD) last posted its quarterly earnings data 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 firm had revenue of $14.09 billion for the quarter, compared to the consensus estimate of $13.52 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%.The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.74 EPS. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Sell-side analysts predict that General Dynamics Corporation will post 16.66 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be paid 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 Thursday, July 2nd. General Dynamics’s dividend payout ratio is 38.80%.

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.