Oak Thistle LLC acquired a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,448 shares of the auto manufacturer’s stock, valued at approximately $728,000.
A number of other institutional investors have also recently made changes to their positions in the business. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors in the fourth quarter valued at $25,000. SouthState Bank Corp raised its position in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in General Motors in the 1st quarter valued at about $26,000. Kemnay Advisory Services Inc. purchased a new position in shares of General Motors in the 4th quarter valued at about $30,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in shares of General Motors in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 92.67% of the company’s stock.
Analyst Ratings Changes
GM has been the subject of a number of recent research reports. Wedbush reiterated an “outperform” rating and issued a $95.00 price target on shares of General Motors in a research note on Monday, May 11th. Barclays increased their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. UBS Group restated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Benchmark reaffirmed a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. Finally, Royal Bank Of Canada boosted their target price on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.41.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM is establishing a supply-chain prepayment facility of up to $4.5 billion with Procura Auto Parts. The arrangement is intended to provide suppliers with earlier access to cash and help GM secure critical components before potential disruptions, reducing the risk of production stoppages. GM inks deal to guard against future parts-supply shocks
- Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart next week following a seven-month shutdown. Restarting the facility could improve utilization of existing assets and support GM’s EV production plans, although the prolonged outage highlights still-soft EV demand. Battery cell production at Ohio plant to restart for GM EVs
- Positive Sentiment: GM and SAIC Motor extended their China joint venture through 2047 and plan to launch at least 30 new-energy vehicles by 2030. Greater use of China-developed technology could lower development costs and expand GM’s access to China’s EV engineering and supply-chain ecosystem. Will GM’s 20-Year SAIC China EV Pact Reshape General Motors’ Global Technology Narrative?
- Neutral Sentiment: Analysts at Erste Group modestly raised their FY2027 EPS forecast to $15.04 from $14.99, above the broader $13.29 consensus estimate. The revision offers incremental support but is unlikely to materially change the valuation narrative.
- Negative Sentiment: GM exited its Indiana battery joint venture with Samsung SDI, transferring its stake in the planned $3.5 billion facility to its partner. The move limits GM’s direct EV-battery exposure and reduces future capital commitments, but reinforces concerns that weaker EV demand is causing the automaker to scale back its electrification ambitions. Why Is General Motors Exiting Its Indiana Battery Joint Venture?
General Motors Price Performance
GM stock opened at $86.87 on Thursday. The business has a 50 day moving average price of $81.50 and a 200 day moving average price of $79.44. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The stock has a market cap of $76.22 billion, a price-to-earnings ratio of 43.87, a PEG ratio of 0.41 and a beta of 1.30. General Motors Company has a fifty-two week low of $54.16 and a fifty-two week high of $91.85.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. During the same period in the prior year, the firm posted $2.53 earnings per share. The firm’s revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities research analysts anticipate that General Motors Company will post 13.29 earnings per share for the current fiscal year.
General Motors Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.
Insider Activity
In other General Motors news, President Mark L. Reuss sold 71,079 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the transaction, the president owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. This trade represents a 43.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares in the company, valued at $2,479,205.35. This represents a 23.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,247,053 shares of company stock worth $106,763,425 over the last three months. Company insiders own 0.44% of the company’s stock.
General Motors Profile
General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.
GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.
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