General Dynamics (GD) is making significant market motion, with events that may impact the stock's trend. Despite market dips, GD recently unveiled a 10M share buyback plan while upholding a robust $1.42 dividend. Several companies, including Stifel Financial Corp and Hightower Advisors LLC, increased their shares in GD, while others such as Chevy Chase Trust Holdings LLC and Hilltop Holdings Inc. already maintain significant stock positions.
General Dynamics' strong financial results in the third quarter of 2024 were reported, though the company has shown potential allocation issues. Short Interest in GD declined by 5.5%.
GD significantly outperformed stock market upswing according to some analysts. However, GD’s stock is down 7.1% since last earnings report. Notably, GD's five-year total shareholder returns outpace the earnings growth. Janus Henderson Group PLC and Hotchkis & Wiley Capital Management LLC sold a portion of their GD stocks. Meanwhile, GD reportedly had sales below analyst estimates in Q3 earnings.
General Dynamics Corporation continues to secure contracts such as space development and military jet MRO services. Insider sale of GD stocks worth US$23m hints at potential weakness.
General Dynamics GD News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 11:02:30 GMT -
Rating 2
- Innovation 7
- Information 5
- Rumor 6
