Pictet Asset Management Holding SA Buys 2,175 Shares of General Dynamics Corporation $GD

Pictet Asset Management Holding SA raised its position in General Dynamics Corporation (NYSE:GD) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,253 shares of the aerospace company’s stock after buying an additional 2,175 shares during the quarter. Pictet Asset Management Holding SA’s holdings in General Dynamics were worth $16,245,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GD. Dunhill Financial LLC lifted its stake in shares of General Dynamics by 620.0% during the 3rd quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company’s stock valued at $25,000 after buying an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in General Dynamics in the 3rd quarter valued at approximately $25,000. Dagco Inc. bought a new stake in General Dynamics during the 4th quarter valued at $25,000. Burkett Financial Services LLC raised its holdings in General Dynamics by 650.0% during the 3rd quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Finally, Steph & Co. lifted its position in shares of General Dynamics by 65.2% during the fourth quarter. Steph & Co. now owns 76 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

General Dynamics News Roundup

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

• Positive Sentiment: Q1 beat and guidance raise: GD reported EPS $4.10 vs. $3.67 est., revenue ~$13.5B vs. $12.7B est., bookings ~$26.6B and backlog ~ $131B; management raised FY26 EPS guidance to $16.45–$16.55 — the core catalyst lifting the stock. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: High‑profile price target upgrades: Morgan Stanley raised its target to $435 (overweight) and JPMorgan lifted its target to $400 (overweight), signaling dealer confidence in GD’s Marine and Aerospace momentum. Morgan Stanley raises price target on General Dynamics to $435
• Neutral Sentiment: Analysts mixed but generally positive: RBC reaffirmed a sector‑perform view with a $385 target, keeping some moderation in expectations despite the beat. RBC reaffirms sector perform on GD
• Neutral Sentiment: Defense demand backdrop: industry writes point to stronger defense spending and large backlogs (e.g., Northrop Grumman’s backlog), and reports that U.S. bases in the Middle East may need rebuilding — supportive for long‑term revenue but increases near‑term volatility. Northrop Grumman Gains From Strong Backlog and Rising Defense Demand
• Negative Sentiment: Some broker trims: BNP Paribas Exane cut its target to $390 (still outperform) and DA Davidson trimmed its target to $375 — these reductions add near‑term pressure and show differing views on sustainable upside. BNP Paribas adjusts price target on General Dynamics to $390 from $430 DA Davidson trims price target on General Dynamics to $375

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on GD shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $385.00 price target on shares of General Dynamics in a research report on Thursday. UBS Group dropped their price objective on General Dynamics from $385.00 to $371.00 and set a “neutral” rating on the stock in a report on Thursday. Morgan Stanley lifted their target price on General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a report on Thursday. BNP Paribas Exane decreased their price target on General Dynamics from $430.00 to $390.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of General Dynamics from a “buy” rating to a “hold” rating and set a $387.00 price target on the stock. in a report on Wednesday, April 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, General Dynamics has a consensus rating of “Moderate Buy” and a consensus price target of $387.70.

Insider Activity at General Dynamics

In other news, VP Mark Rayha sold 4,370 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $2,767,997.44. This trade represents a 35.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Marguerite Amy Gilliland sold 3,819 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $353.50, for a total transaction of $1,350,016.50. Following the completion of the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at $15,825,134.50. This trade represents a 7.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 51,260 shares of company stock worth $18,133,971 over the last quarter. 1.40% of the stock is currently owned by corporate insiders.

General Dynamics Price Performance

NYSE:GD opened at $345.49 on Friday. General Dynamics Corporation has a 52-week low of $266.98 and a 52-week high of $369.70. The stock has a fifty day moving average of $345.59 and a 200 day moving average of $346.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.38. The firm has a market capitalization of $93.43 billion, a price-to-earnings ratio of 21.74, a P/E/G ratio of 2.30 and a beta of 0.34.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.43. The firm had revenue of $13.48 billion for the quarter, compared to analysts’ expectations of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.66 EPS. On average, research analysts expect that General Dynamics Corporation will post 16.27 EPS for the current fiscal year.

General Dynamics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 10th will be paid a $1.59 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $6.36 dividend on an annualized basis and a yield of 1.8%. This is a boost 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.