Global Wealth Management raised its stake in General Dynamics as the company reported mixed earnings.

Global Wealth Management Investment Advisory Inc. raised its holdings in General Dynamics by 2.3%, totaling $4.2 million. Institutional investors, including Massachusetts Financial and Price T Rowe, have also increased their stakes. General Dynamics reported a 10.4% revenue increase, with earnings per share of $3.35, falling short of estimates. General Motors surpassed earnings expectations, reporting $2.96 EPS on $48.76 billion revenue, up 10.5% year-over-year.

November 05, 2024
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