CenterBook Partners LP Sells 7,433 Shares of General Dynamics Corporation $GD

10 Jun 2026, 08:05 by Danessa Lincoln · The Markets Daily

CenterBook Partners LP lowered its position in shares of General Dynamics Corporation (NYSE:GD – Free Report) by 49.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,672 shares of the aerospace company’s stock after selling 7,433 shares during the quarter. CenterBook Partners LP’s holdings in General Dynamics were worth $2,583,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GD. Hilton Head Capital Partners LLC bought a new position in shares of General Dynamics in the 4th quarter worth $1,729,000. JPMorgan Chase & Co. grew its position in shares of General Dynamics by 2.2% during the 4th quarter. JPMorgan Chase & Co. now owns 5,307,389 shares of the aerospace company’s stock worth $1,786,786,000 after buying an additional 114,647 shares during the period. Endeavor Private Wealth Inc. increased its stake in shares of General Dynamics by 178.5% in the 4th quarter. Endeavor Private Wealth Inc. now owns 1,877 shares of the aerospace company’s stock valued at $632,000 after acquiring an additional 1,203 shares during the last quarter. Syon Capital LLC increased its stake in General Dynamics by 16.7% in the fourth quarter. Syon Capital LLC now owns 7,294 shares of the aerospace company’s stock valued at $2,455,000 after purchasing an additional 1,046 shares in the last quarter. Finally, ING Groep NV grew its holdings in shares of General Dynamics by 0.4% in the 4th quarter. ING Groep NV now owns 32,765 shares of the aerospace company’s stock valued at $11,031,000 after buying an additional 126 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on GD shares. JPMorgan Chase & Co. lifted their price objective on General Dynamics from $385.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. DA Davidson reduced their price objective on General Dynamics from $384.00 to $375.00 in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of General Dynamics from $387.00 to $377.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley lifted their target price on General Dynamics from $410.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of General Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, General Dynamics presently has a consensus rating of “Moderate Buy” and a consensus price target of $387.40.

Read Our Latest Stock Report on GD

General Dynamics Stock Performance

GD opened at $345.81 on Wednesday. The firm has a market cap of $93.52 billion, a P/E ratio of 21.76, a price-to-earnings-growth ratio of 2.11 and a beta of 0.34. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.38. General Dynamics Corporation has a 52-week low of $268.10 and a 52-week high of $369.70. The business’s fifty day moving average is $339.79 and its 200-day moving average is $346.35.

General Dynamics (NYSE:GD – Get Free Report) last released its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 EPS for the quarter, beating the consensus estimate of $3.67 by $0.43. General Dynamics had a net margin of 8.07% and a return on equity of 17.41%. The firm had revenue of $13.48 billion for the quarter, compared to analyst estimates of $12.70 billion. During the same period last year, the firm earned $3.66 EPS. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. Sell-side analysts expect that General Dynamics Corporation will post 16.62 EPS for the current fiscal year.

General Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $1.59 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $6.36 dividend on an annualized basis and a dividend yield of 1.8%. General Dynamics’s payout ratio is 40.03%.

Insider Buying and Selling at General Dynamics

In related news, EVP Mark Lagrand Burns sold 36,480 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $345.29, for a total value of $12,596,179.20. Following the sale, the executive vice president directly owned 38,975 shares of the company’s stock, valued at $13,457,677.75. This trade represents a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by corporate insiders.

About General Dynamics

(Free Report)

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.