Sumitomo Life Insurance Co. Buys Shares of 18,889 General Motors Company $GM

Sumitomo Life Insurance Co. bought a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 18,889 shares of the auto manufacturer’s stock, valued at approximately $1,456,000.

Other large investors have also recently made changes to their positions in the company. Cibc World Market Inc. grew its position in shares of General Motors by 57.2% in the fourth quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock valued at $16,318,000 after purchasing an additional 72,984 shares in the last quarter. M&T Bank Corp increased its holdings in shares of General Motors by 82.0% in the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after purchasing an additional 32,474 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in General Motors by 16.2% during the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after buying an additional 28,163 shares in the last quarter. Leonteq Securities AG acquired a new position in General Motors during the fourth quarter worth $17,753,000. Finally, Wilsey Asset Management Inc. boosted its stake in General Motors by 2.1% during the second quarter. Wilsey Asset Management Inc. now owns 626,200 shares of the auto manufacturer’s stock worth $48,268,000 after buying an additional 12,617 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. JPMorgan Chase & Co. boosted their price target on shares of General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Wall Street Zen raised shares of General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Barclays raised their price objective on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Citigroup lifted their target price on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, General Motors presently has an average rating of “Moderate Buy” and an average price target of $101.41.

General Motors Price Performance

GM stock opened at $87.98 on Friday. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85. 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 $77.20 billion, a price-to-earnings ratio of 44.43, a price-to-earnings-growth ratio of 0.39 and a beta of 1.30. The business has a fifty day moving average of $82.01 and a two-hundred day moving average of $79.58.

General Motors (NYSE:GM) (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. The business had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts anticipate that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is 36.36%.

Insider Activity at General Motors

In other General Motors news, President Mark L. Reuss sold 71,079 shares of General Motors stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the sale, the president directly owned 92,293 shares in the company, valued at $8,303,601.21. This trade represents a 43.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares in the company, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,241,401 shares of company stock worth $106,313,695. 0.44% of the stock is owned by corporate insiders.

Key Stories Impacting General Motors

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
• Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
• Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
• Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
• Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
• Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.

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.