Simplicity Wealth,LLC 13F: Cuts GD Stake by $4.6M

In a Form 13F filing on October 23, 2026, Simplicity Wealth, LLC disclosed a reduction in its holdings of General Dynamics Corporation (NYSE: GD), cutting its position by 77.9%.

GD General Dynamics Corporation

$349.36 ▲ +3.58% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Simplicity Wealth's General Dynamics Position

Simplicity Wealth dropped 13,963 shares during the period to leave its total holding at 3,967 shares. The remaining stake carried a reported value of $1,316,503 at the time of the filing.

Other Institutional Activity in General Dynamics

Other major investment managers adjusted their positions in the aerospace and defense company around the same timeframe. Aristotle Capital Management trimmed its holdings by 84,573 shares to end with 2,446,709 shares valued at about $866.72 million. NTV Asset Management opened a new position by picking up 3,465 shares worth roughly $1.15 million. Longview Asset Management, LLC kept its massive stake steady at 27,060,944 shares valued near $9.45 billion. Meanwhile, Newport Trust Company, LLC cut its position by 172,347 shares, finishing with 13,398,261 shares worth about $4.68 billion.

General Dynamics Corporation Stock Up 1.3%

General Dynamics shares recently traded around $349.36 as of October 24, 2026, closing at that exact level on the filing date. The stock sits below its 50-day moving average of $355.25 and its 200-day moving average of $354.78. Over the past 52 weeks, the shares have traded as low as $306.77 and as high as $400.00.

Recent Earnings

The company generated $54.86 billion in trailing twelve month revenue alongside $16.39 in trailing earnings per share. General Dynamics posted a net profit margin of 8.2% and a return on equity of 17.8%. Management scheduled the next earnings release for October 30, 2026.

Dividend

General Dynamics distributes an annual dividend of $6.36 per share, which translates to a dividend yield of 1.81%. The payout ratio sits at 37.7%, meaning the company uses less than two-fifths of its earnings to cover the dividend payment to shareholders.

Insider Buying and Selling at General Dynamics Corporation

Company insiders completed several stock sales prior to the filing. Officer Marguerite Amy Gilliland sold 43,180 shares valued at $16,323,658 on July 31, 2026. Chief Executive Officer Phebe N. Novakovic disposed of 51,568 shares worth $19,728,845 on August 3, 2026. Officer Christopher J. Brady sold 6,320 shares at an average price of $383.32 for a total of $2,422,582 on August 5, 2026. Director Peter A. Wall parted with 1,990 shares at $396.43 each, totaling $788,898 on August 10, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through recent months. On September 23, 2026, Bernstein maintained a Market Perform rating while lowering its price target to $407.00 from $421.00. Citigroup kept a Neutral rating on October 7, 2026, dropping its target from $404.00 to $374.00. TD Cowen maintained a Buy rating on October 9, 2026, while adjusting its target down to $380.00 from $420.00. Bernstein issued another update on October 14, 2026, keeping a Market Perform rating and reducing the target to $365.00. RBC Capital maintained a Sector Perform rating on October 15, 2026, bringing its target down to $360.00 from $410.00. Overall, the stock holds a consensus buy rating across 21 analyst opinions with a mean price target of $406.78.

About General Dynamics

General Dynamics Corporation operates as a global aerospace and defense contractor based in Reston, Virginia. The enterprise builds business jets through its aerospace unit and constructs complex naval vessels, combat vehicles, and advanced technology systems for government and commercial customers worldwide. The company employs roughly 117,000 workers.

Bottom Line

Investors will look toward the upcoming earnings report on October 30, 2026, for fresh updates on profit margins and segment performance. Institutional filings will continue to show how large managers adjust their portfolios as market conditions shift.