Quantbot Technologies LP Has $10.62 Million Stake in General Dynamics Corporation $GD

Quantbot Technologies LP trimmed its position in shares of General Dynamics Corporation (NYSE:GD) by 38.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,966 shares of the aerospace company’s stock after selling 18,711 shares during the period. General Dynamics makes up 0.4% of Quantbot Technologies LP’s portfolio, making the stock its 24th biggest holding. Quantbot Technologies LP’s holdings in General Dynamics were worth $10,615,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted 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 buying an additional 528,769 shares during the period. Jefferies Financial Group Inc. bought a new position in General Dynamics during the fourth quarter valued at about $7,914,000. Deutsche Bank AG raised its holdings in General Dynamics by 12.2% in the 4th quarter. Deutsche Bank AG now owns 939,264 shares of the aerospace company’s stock valued at $316,213,000 after acquiring an additional 102,208 shares in the last quarter. Rayburn West Financial Services LLC bought a new stake in shares of General Dynamics in the 4th quarter worth approximately $2,387,000. Finally, Professional Advisory Services Inc. lifted its position in shares of General Dynamics by 4.0% in the 2nd quarter. Professional Advisory Services Inc. now owns 67,028 shares of the aerospace company’s stock worth $23,744,000 after acquiring an additional 2,562 shares during the period. 86.14% of the stock is currently owned by institutional investors.

General Dynamics Price Performance

General Dynamics stock opened at $384.50 on Friday. The business’s fifty day moving average is $374.15 and its two-hundred day moving average is $355.82. 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 firm has a market cap of $104.03 billion, a P/E ratio of 23.46, a P/E/G ratio of 2.22 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 released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $4.24 EPS for the quarter, beating the consensus estimate of $3.96 by $0.28. The business had revenue of $14.09 billion for the quarter, compared to analysts’ expectations of $13.52 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. General Dynamics’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.74 earnings per share. General Dynamics has set its FY 2026 guidance at 16.800-16.900 EPS. Equities research analysts forecast that General Dynamics Corporation will post 16.97 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, November 13th. Stockholders of record on Friday, October 9th will be issued a $1.59 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $6.36 annualized dividend and a dividend yield of 1.7%. General Dynamics’s payout ratio is 38.80%.

Analysts Set New Price Targets

GD has been the topic of a number of research reports. Robert W. Baird set a $430.00 target price on General Dynamics in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $384.00 price target on shares of General Dynamics in a research note on Thursday, July 30th. Sanford C. Bernstein restated a “market perform” rating and issued a $421.00 price objective on shares of General Dynamics in a research note on Monday, August 10th. BNP Paribas Exane raised their price objective on shares of General Dynamics from $390.00 to $430.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group decreased their target price on shares of General Dynamics from $327.00 to $313.00 and set a “sell” rating on the stock in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $410.89.

Insider Activity at General Dynamics

In related news, CEO Phebe N. Novakovic sold 51,568 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 766,457 shares in the company, valued at approximately $293,231,119.06. This trade represents a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marguerite Amy Gilliland sold 43,180 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $378.04, for a total transaction of $16,323,767.20. Following the transaction, the executive vice president owned 44,767 shares of the company’s stock, valued at $16,923,716.68. The trade was a 49.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 100,228 shares of company stock worth $38,052,853 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

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.