Nixon Peabody Trust Company sold 25,734 shares of General Dynamics for around $8.11 million in Q3 2025, representing 0.59% of assets under management. The fund now holds 30,224 shares valued at $10.31 million, making up 0.75% of AUM as of September 30, 2025.

General Dynamics’ shares were priced at $331.15 on October 17, 2025, up 7.4% year-to-date. The company, a global aerospace and defense contractor, offers business jets, naval vessels, combat vehicles, and IT solutions. It recently secured a $1.5 billion contract to modernize U.S. Strategic Command’s IT systems.

Nixon Peabody Trust Company reduced its stake in General Dynamics but remains invested in top holdings like IDEV, MSFT, and AVLV. Despite lagging the S&P 500 recently, General Dynamics has shown strong long-term performance, with a history of dividend growth and stability in the defense sector. Investors may find appeal in consistent dividends and government contracts.

Read more at Nasdaq: Nixon Peabody Dumps 25,000 Shares of General Dynamics (GD) for $8.1 Million