Bull Harbor Capital LLC Buys New Stake in General Dynamics Corporation $GD

Bull Harbor Capital LLC bought a new stake in shares of General Dynamics Corporation (NYSE:GD) during the 1st quarter, Holdings Channel reports. The firm bought 4,031 shares of the aerospace company’s stock, valued at approximately $1,384,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Strategic Investment Advisors MI bought a new position in General Dynamics in the 1st quarter valued at about $127,000. Amundi raised its position in shares of General Dynamics by 7.7% during the 1st quarter. Amundi now owns 150,753 shares of the aerospace company’s stock worth $51,741,000 after buying an additional 10,756 shares in the last quarter. Empire Financial Management Company LLC lifted its stake in shares of General Dynamics by 1.2% in the 1st quarter. Empire Financial Management Company LLC now owns 3,802 shares of the aerospace company’s stock worth $1,305,000 after acquiring an additional 44 shares during the period. Talon Private Wealth LLC bought a new position in shares of General Dynamics in the first quarter valued at approximately $2,586,000. Finally, Empowered Funds LLC boosted its holdings in shares of General Dynamics by 63.3% in the first quarter. Empowered Funds LLC now owns 64,964 shares of the aerospace company’s stock valued at $22,297,000 after acquiring an additional 25,182 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Key Stories Impacting General Dynamics

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

• Positive Sentiment: Quarterly results exceeded expectations. General Dynamics reported $4.24 in diluted EPS versus the $3.96 analyst consensus and revenue of approximately $14.1 billion versus expectations of $13.5 billion. Revenue rose 8.1% year over year, while operating earnings increased 11.9% and operating margin expanded to 10.4%. General Dynamics Reports Second-Quarter 2026 Financial Results
• Positive Sentiment: Demand and future revenue visibility strengthened. Orders reached $20 billion, producing a 1.4-to-1 companywide book-to-bill ratio and lifting backlog to a record $136.5 billion. All four business segments grew, led by Aerospace and Marine Systems. General Dynamics Q2 2026 Earnings Call Highlights
• Positive Sentiment: Major submarine award supports long-term growth. General Dynamics Electric Boat received contracts totaling $76.6 billion for 14 submarines, including $29.5 billion for five Columbia-class vessels and $42.1 billion for nine Virginia-class submarines, plus shipyard infrastructure funding. Electric Boat Awarded Construction Contracts
• Positive Sentiment: Management raised or reaffirmed an above-consensus outlook. Fiscal 2026 EPS guidance was set at $16.80–$16.90, compared with consensus of $16.67, while revenue guidance of roughly $55.7 billion also exceeded expectations.
• Neutral Sentiment: Operating cash flow was strong at $1.9 billion, or 162% of net earnings, although management highlighted supply-chain constraints and margin pressures that could limit near-term operating leverage. General Dynamics Stock Drops Following Earnings Beat
• Negative Sentiment: The post-earnings decline suggests investors may have been focused on profit-taking after GD reached elevated valuation levels, remaining production and supply risks, and a weak broader market. Recent insider activity also shows more selling than buying, though it is not necessarily tied to business fundamentals.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $385.00 target price on shares of General Dynamics in a report on Thursday, April 30th. Jefferies Financial Group increased their price target on General Dynamics from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. The Goldman Sachs Group lowered their price target on General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research report on Monday, May 4th. 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. Finally, UBS Group upgraded General Dynamics from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $393.32.

Insider Activity

In other news, EVP Mark Lagrand Burns sold 36,480 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $345.29, for a total value of $12,596,179.20. Following the completion of the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This represents a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark Malcolm sold 5,480 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $365.00, for a total transaction of $2,000,200.00. Following the sale, the director owned 10,643 shares of the company’s stock, valued at approximately $3,884,695. This represents a 33.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 78,190 shares of company stock worth $27,041,022. Company insiders own 1.40% of the company’s stock.

General Dynamics Price Performance

Shares of NYSE:GD opened at $382.13 on Thursday. The company’s fifty day moving average is $359.03 and its two-hundred day moving average is $352.49. The company has a market cap of $103.34 billion, a P/E ratio of 24.05, a price-to-earnings-growth ratio of 2.37 and a beta of 0.34. General Dynamics Corporation has a 12-month low of $306.03 and a 12-month high of $400.00. The company has a quick ratio of 0.90, a current ratio of 1.38 and a debt-to-equity ratio of 0.24.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, topping the consensus estimate of $3.96 by $0.28. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The business had revenue of $14.09 billion during the quarter, compared to analysts’ expectations of $13.52 billion. During the same quarter last year, the firm posted $3.74 earnings per share. General Dynamics’s revenue was up 8.1% compared to the same quarter last year. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities analysts expect that General Dynamics Corporation will post 16.66 earnings per share for the current fiscal year.

General Dynamics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 2nd will be given a dividend of $1.59 per share. The ex-dividend date is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a yield of 1.7%. General Dynamics’s dividend payout ratio (DPR) is presently 40.03%.

About General Dynamics

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.