General Dynamics Corporation $GD Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in General Dynamics Corporation (NYSE:GD) by 1,037.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 40,000 shares of the aerospace company’s stock after purchasing an additional 36,483 shares during the quarter. International Assets Investment Management LLC’s holdings in General Dynamics were worth $13,273,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Whipplewood Advisors LLC raised its stake in General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company’s stock worth $25,000 after buying an additional 69 shares during the period. Wellington Altus USA Inc. boosted its holdings in General Dynamics by 77.8% in the second quarter. Wellington Altus USA Inc. now owns 80 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 35 shares in the last quarter. Downshift Financial LLC grew its stake in General Dynamics by 134.3% in the third quarter. Downshift Financial LLC now owns 82 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 47 shares during the period. Morton Brown Family Wealth LLC grew its stake in General Dynamics by 182.8% in the third quarter. Morton Brown Family Wealth LLC now owns 82 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 53 shares during the period. Finally, John Boyer Inc. acquired a new stake in General Dynamics in the third quarter valued at approximately $28,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other General Dynamics news, Director Robert K. Steel sold 7,440 shares of General Dynamics 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 transaction, the director directly owned 3,096 shares of the company’s stock, valued at $1,071,370.80. The trade was a 70.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Phebe Novakovic sold 51,568 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $382.58, for a total transaction of $19,728,885.44. Following the completion of the sale, the chief executive officer owned 766,457 shares of the company’s stock, valued at approximately $293,231,119.06. The trade was a 6.30% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is owned by insiders.

Key Stories Impacting General Dynamics

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

GD stock opened at $372.72 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 1.44. The business has a 50-day simple moving average of $351.44 and a two-hundred day simple moving average of $355.06. The company has a market capitalization of $100.84 billion, a P/E ratio of 21.92, a price-to-earnings-growth ratio of 2.18 and a beta of 0.33. General Dynamics Corporation has a 52-week low of $306.77 and a 52-week high of $400.00.

General Dynamics (NYSE:GD) last announced its earnings results on Friday, October 30th. The aerospace company reported $4.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.37. The company had revenue of $14.57 billion for the quarter, compared to analysts’ expectations of $13.72 billion. General Dynamics had a return on equity of 17.43% and a net margin of 8.18%. General Dynamics’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.88 earnings per share. Research analysts expect that General Dynamics Corporation will post 16.99 EPS for the current fiscal year.

General Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 9th will be paid a dividend of $1.59 per share. The ex-dividend date is Friday, October 9th. This represents a $6.36 annualized dividend and a yield of 1.7%. General Dynamics’s dividend payout ratio (DPR) is 38.80%.

Analyst Ratings Changes

Several research firms have recently commented on GD. Wall Street Zen downgraded General Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Royal Bank Of Canada cut their target price on General Dynamics from $410.00 to $360.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. Sanford C. Bernstein reduced their price target on shares of General Dynamics from $407.00 to $365.00 and set a “market perform” rating for the company in a research report on Wednesday, October 14th. BNP Paribas Exane boosted their price target on shares of General Dynamics from $390.00 to $430.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, TD Cowen decreased their price target on shares of General Dynamics from $420.00 to $380.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, General Dynamics currently has an average rating of “Moderate Buy” and an average price target of $402.44.

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.