Recently, there has been a flurry of activity surrounding **General Dynamics Corporation**. Significant selling and purchasing activities of General Dynamics shares by multiple financial institutions and asset managers have been reported. Entities such as **Allstate Corp**, **Bank of Hawaii**, **Price T Rowe Associates Inc. MD** and many others reduced their stakes, while **Widmann Financial Services Inc**, **T. Rowe Price Investment Management Inc**, **Bahl & Gaynor Inc** increased their holdings in GD. General Dynamics had a strong Q2 earnings beat and a surging order backlog showcasing positive growth factors. It's noteworthy to mention that the company's stock overtook the 20-day moving average revealing an upward trend. However, the recent market sentiment indicates mixed signals with weak technicals but strong fundamentals. **Algert Global LLC** increased its GD holdings while Venture Visionary Partners LLC cut stake, adding to the mixed sentiment. It's essential to note that General Dynamics' profit and revenue beat estimates due to strong marine business and jet deliveries. GD is also rumored to outperform the industrial sector with $89 Billion backlog and NATO ramp plans. Despite these achievements, GD share price dropped 7.1% after the last earnings report.
General Dynamics GD News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 30 Aug 2025 23:48:19 GMT -
Rating 3
- Innovation 1
- Information 5
- Rumor -4
