ProShare Advisors LLC have increased their stake in
General Dynamics Co. (NYSE:GD), while
Quantinno Capital Management LP boost their holdings.
OMERS ADMINISTRATION Corp has purchased 1,648 shares with
Riverview Capital Advisers LLC obtaining 20,010 shares. Various entities including
MufgSecurities Americas Inc. and
Ethic Inc are also making new investments in the company. General Dynamics (GD) has reported positive results for Q1 2025, with strong growth in Aerospace supported by a newly secured $216.49M contract modification for DDG-51 Services. However, despite this, the company's stock falls. Further insight suggests GD might be trading at a significant discount, even considered undervalued, leading to increased activity in the market. As a result, there's been a rise in share acquisitions by investment firms like
FORA Capital LLC and
Cetera Investment Advisers. Despite some selling by Nuveen Asset Management LLC and Logan Capital Management Inc., overall institutional shareholders control 82% of GD. GD Outperforms the industrial sector and shows positive signs such as increased dividends, strong financials, and significant defense contracts like the $12 billion awarded for Virginia-Class Submarines.
General Dynamics GD News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 12:00:22 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
