Jackson Thornton Wealth Management LLC Acquires 6,378 Shares of General Motors Company $GM

Jackson Thornton Wealth Management LLC boosted its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 101.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 12,677 shares of the auto manufacturer’s stock after acquiring an additional 6,378 shares during the quarter. Jackson Thornton Wealth Management LLC’s holdings in General Motors were worth $715,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GM. Root Financial Partners LLC purchased a new position in shares of General Motors during the 3rd quarter valued at $215,000. QTR Family Wealth LLC purchased a new position in shares of General Motors during the third quarter valued at approximately $385,000. Providence First Trust Co bought a new stake in shares of General Motors during the 3rd quarter valued at about $202,000. Arkadios Wealth Advisors raised its position in shares of General Motors by 4.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 42,930 shares of the auto manufacturer’s stock worth $2,617,000 after acquiring an additional 1,762 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in General Motors by 1.8% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 13,130 shares of the auto manufacturer’s stock worth $801,000 after purchasing an additional 232 shares during the period. 92.67% of the stock is owned by institutional investors.

General Motors Stock Performance

NYSE GM opened at $79.78 on Tuesday. General Motors Company has a 1-year low of $41.60 and a 1-year high of $85.18. The stock has a 50-day moving average of $77.89 and a two-hundred day moving average of $65.18. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 1.06. The company has a market cap of $74.42 billion, a P/E ratio of 16.26, a P/E/G ratio of 0.64 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.48. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company had revenue of $48.59 billion for the quarter, compared to analysts’ expectations of $44.60 billion. During the same period last year, the firm earned $2.96 earnings per share. General Motors’s quarterly revenue was down .3% on a year-over-year basis. As a group, analysts anticipate that General Motors Company will post 11.44 EPS for the current year.

Wall Street Analyst Weigh In

GM has been the subject of several research reports. Wall Street Zen cut shares of General Motors from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. Citigroup raised their price target on General Motors from $86.00 to $98.00 and gave the company a “buy” rating in a report on Monday, January 12th. Piper Sandler set a $98.00 target price on General Motors and gave the stock an “overweight” rating in a research report on Thursday, January 8th. HSBC boosted their target price on shares of General Motors from $48.00 to $75.00 and gave the stock a “hold” rating in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $98.00 price objective on shares of General Motors in a research note on Thursday. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $78.41.

Insider Activity

In related news, President Mark L. Reuss sold 260,600 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the completion of the sale, the president owned 98,006 shares in the company, valued at $6,512,498.70. This represents a 72.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Christopher Hatto sold 7,724 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $72.00, for a total value of $556,128.00. Following the sale, the chief accounting officer directly owned 12,007 shares of the company’s stock, valued at approximately $864,504. This represents a 39.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 284,021 shares of company stock valued at $18,971,788 over the last three months. Company insiders own 0.54% of the company’s stock.

More General Motors News

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

• Positive Sentiment: Chevrolet is making visible progress in its EV push, positioning GM to better challenge Tesla in key segments — a strategic positive for longer-term growth expectations. How Chevrolet is methodically challenging Tesla’s EV reign
• Positive Sentiment: GM engineers report progress on EV driving issues after a 5,000-mile test, which could reduce execution risk around EV product quality and customer experience. General Motors engineers get honest about EV driving after 5,000-mile US roadtrip
• Neutral Sentiment: GM is expected to announce quarterly earnings this week, an event that will refocus investors on fundamentals and could offset or amplify today’s newsflow depending on results and guidance. General Motors (GM) Expected to Announce Quarterly Earnings on Tuesday
• Neutral Sentiment: GM named new regional leaders for Africa and the Middle East — a routine corporate move that supports international execution but is unlikely to move the stock materially today. General Motors further strengthens leadership for Africa and Middle East
• Negative Sentiment: The NHTSA opened a recall query into roughly 597,571 GM vehicles over engine failures involving small-block V8s — a regulatory escalation that raises potential costs, warranty exposure and reputational risk. NHTSA opens probe into about 600,000 GM vehicles over engine failure issue
• Negative Sentiment: Multiple outlets report that recalled 6.2L/L87 V8 engines continue to fail even after GM’s remedy, and the NHTSA is questioning whether the repair is effective — increasing the risk of expanded recalls or deeper investigations. GM’s Recalled 6.2L V8s Are Still Blowing Up Even After Being ‘Fixed’
• Negative Sentiment: Additional reporting details the NHTSA investigation of the L87 small?block V8 and questions about the recall remedy’s effectiveness, compounding regulatory and legal downside risk. NHTSA Investigates General Motors L87 Small-Block V8 Post-Recall Engine Failures
• Negative Sentiment: Macro headlines weighing on the auto sector — notably Trump tariff/Greenland comments — pressured auto shares broadly (including GM) as investors rotate into defense/mining names on safe-haven/commodity plays. Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.

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.