General Dynamics Corp (NYSE:GD) has experienced a turbulent period recently, marked by both institutional and individual shareholder activities. Notably,
Lido Advisors LLC and
Banco Bilbao Vizcaya Argentaria S.A have divested significant shares, shedding 18,055 and an undisclosed amount respectively. Despite these sales,
Schonfeld Strategic Advisors LLC,
Sompo Asset Management Co. Ltd., and
The Manufacturers Life Insurance Company have increased their stakes in GD, infusing capital. The majority of GD shares remain held by institutional entities, accounting for a significant 82% of total shares. Performance-wise, GD outperformed market expectations in Q1 2025, posting a substantial 14% increase in its revenue, significantly attributed to
Aerospace and Defense sector performance. Despite the increase, the stock suffered a minor dip of -0.15%. On the contracts front, GD secured a monumental
$12.4 billion modification contract for the construction of
Virginia-Class Submarines. Additionally, a $727.8M ammunition contract was awarded. Not all news was positive for the defense giant; it received downgrades from
Morgan Stanley, and there's speculation of potential staff strike action at GD's electric boat unit.
General Dynamics GD News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 03 May 2025 18:55:42 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
