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TCTC Holdings and Glenview Trust Co. bought more General Dynamics stock despite the company missing earnings targets.
TCTC Holdings and Glenview Trust Co. increased their stock positions in General Dynamics Co. (NYSE:GD) by 6.3% and 9.7% respectively, despite the company missing earnings estimates.
General Dynamics reported $4.15 EPS, falling short of the $4.29 consensus.
The stock has a "Hold" rating and trades at $262.19, with a market cap of $70.88 billion.
The company operates in aerospace and defense, with four main segments.
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TCTC Holdings y Glenview Trust Co. compraron más acciones de General Dynamics a pesar de que la empresa perdió los objetivos de ganancias.