The National Bank of Canada FI, Deutsche Bank AG, US Bancorp DE, IQ EQ FUND MANAGEMENT IRELAND Ltd, and Bank of Nova Scotia have increased positions in
General Dynamics Corporation (NYSE:GD). However, Maryland State Retirement & Pension System, Vanguard Group Inc., and Westwood Holdings Group have reduced their shares. Despite stock being unloaded by Senator John Boozman and Senator Shelley Moore Capito, the stock has seen bullish activity, breaking above the 20-day moving average. The company’s strong Q2 results, maintaining a dividend of $1.50 per share have raised analysts’ interests. CEO gave an
upbeat 2025 outlook, pushing the stock to an all-time high. Q2 earnings and revenues surpassed estimates, with
profit and revenue beating estimates on strong
marine business and jet deliveries. The possible impact of delayed US Defense Talks with India due to tariffs is yet to be evaluated. The stock has shown an uptrend and is being acclaimed as the top defense stock to buy in 2025. Citigroup assigned GD a 'buy' rating.
General Dynamics gets a contract modification worth $1.85 billion for submarine production.
General Dynamics GD News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 09 Aug 2025 11:17:38 GMT -
Rating 9
- Innovation 6
- Information 8
- Rumor 5
