New York State Teachers Retirement System Decreases Position in General Dynamics Corporation $GD

New York State Teachers Retirement System decreased its stake in General Dynamics Corporation (NYSE:GD) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 218,069 shares of the aerospace company’s stock after selling 1,691 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of General Dynamics worth $73,415,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Joule Financial LLC raised its stake in shares of General Dynamics by 4.3% in the fourth quarter. Joule Financial LLC now owns 705 shares of the aerospace company’s stock valued at $237,000 after acquiring an additional 29 shares during the period. Brown Miller Wealth Management LLC boosted its stake in shares of General Dynamics by 0.3% during the 4th quarter. Brown Miller Wealth Management LLC now owns 8,889 shares of the aerospace company’s stock worth $2,993,000 after purchasing an additional 29 shares during the period. Crowley Wealth Management Inc. grew its holdings in General Dynamics by 1.4% during the 3rd quarter. Crowley Wealth Management Inc. now owns 2,249 shares of the aerospace company’s stock valued at $767,000 after purchasing an additional 30 shares during the last quarter. First Financial Bankshares Inc raised its position in General Dynamics by 2.6% in the 3rd quarter. First Financial Bankshares Inc now owns 1,196 shares of the aerospace company’s stock worth $408,000 after purchasing an additional 30 shares during the period. Finally, Steph & Co. lifted its stake in General Dynamics by 65.2% in the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wolfe Research upped their target price on General Dynamics from $400.00 to $415.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Morgan Stanley boosted their price objective on General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $385.00 target price on shares of General Dynamics in a research note on Thursday. UBS Group decreased their target price on General Dynamics from $385.00 to $371.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Argus upped their price target on shares of General Dynamics from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Dynamics has an average rating of “Moderate Buy” and an average price target of $390.47.

Key Headlines Impacting General Dynamics

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

• Positive Sentiment: Q1 beat and raise — GD reported Q1 revenue of ~$13.5B and EPS of $4.10, beating estimates; management raised FY‑2026 EPS guidance (to $16.45–$16.55), driven by Marine Systems and Aerospace strength and rising shipyard productivity. General Dynamics Q1 2026 earnings beat estimates
• Positive Sentiment: Backlog and bookings boost visibility — Companywide bookings of $26.6B and a backlog near $131B support multi‑year revenue visibility, reinforcing the raised guidance and investor confidence. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley raised its price target to $435 (overweight) and JPMorgan boosted its target to $400 (overweight), signaling increased analyst conviction and creating upside potential versus prior levels. General Dynamics (NYSE:GD) Given New $435.00 Price Target at Morgan Stanley
• Positive Sentiment: Market coverage reaffirmations and commentary — Multiple outlets and broker notes (including RBC, Zacks, Barron’s and Reuters) highlighted the company’s strong marine/combat performance and cash flow, supporting the rally. General Dynamics posts higher quarterly profit on combat, marine strength
• Neutral Sentiment: Analyst comment pieces — Several analyst insight and industry roundup items provide additional context on GD relative to peers but do not change fundamentals immediately. Analysts Offer Insights on Industrial Goods Companies
• Neutral Sentiment: Media summaries and valuation checks — Post‑earnings writeups have highlighted a one‑day strong move and improved sentiment; longer‑term valuation and macro/geopolitical risks still apply. General Dynamics (GD) Valuation Check After Strong Q1 Beat And Upgraded Earnings Outlook

Insider Buying and Selling

In related news, CEO Phebe N. Novakovic sold 32,918 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total value of $11,655,934.62. Following the transaction, the chief executive officer owned 766,457 shares in the company, valued at approximately $271,394,759.13. This represents a 4.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Mark Rayha sold 4,370 shares of General Dynamics stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $348.79, for a total transaction of $1,524,212.30. Following the sale, the vice president owned 7,936 shares of the company’s stock, valued at approximately $2,767,997.44. The trade was a 35.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 51,260 shares of company stock valued at $18,133,971. Company insiders own 1.40% of the company’s stock.

General Dynamics Trading Up 1.9%

GD opened at $345.16 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.38 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average is $345.59 and its two-hundred day moving average is $346.18. The company has a market capitalization of $93.49 billion, a P/E ratio of 21.72, a PEG ratio of 2.26 and a beta of 0.38. General Dynamics Corporation has a 52 week low of $266.98 and a 52 week high of $369.70.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.43. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The business had revenue of $13.48 billion during the quarter, compared to analysts’ expectations of $12.70 billion. During the same period in the prior year, the business earned $3.66 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Analysts forecast that General Dynamics Corporation will post 16.3 earnings per share for the current year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 10th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from General Dynamics’s previous quarterly dividend of $1.50. General Dynamics’s dividend payout ratio is presently 41.17%.

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.