Dai ichi Life Insurance Company Ltd lifted its stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 41.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 114,439 shares of the auto manufacturer’s stock after purchasing an additional 33,376 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in General Motors were worth $8,526,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of GM. Compound Planning Inc. boosted its stake in General Motors by 7.5% during the first quarter. Compound Planning Inc. now owns 19,284 shares of the auto manufacturer’s stock worth $1,437,000 after buying an additional 1,338 shares during the period. Keebeck Wealth Management purchased a new stake in shares of General Motors in the first quarter valued at $222,000. Inceptionr LLC lifted its holdings in shares of General Motors by 395.9% in the 1st quarter. Inceptionr LLC now owns 18,870 shares of the auto manufacturer’s stock worth $1,406,000 after acquiring an additional 15,065 shares during the last quarter. Mizuho Markets Americas LLC purchased a new position in shares of General Motors during the 1st quarter worth about $600,000. Finally, Bank of Nova Scotia boosted its stake in shares of General Motors by 173.0% during the 1st quarter. Bank of Nova Scotia now owns 1,184,475 shares of the auto manufacturer’s stock worth $88,243,000 after purchasing an additional 750,639 shares during the period. Institutional investors own 92.67% of the company’s stock.
Insiders Place Their Bets
In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the transaction, the chief accounting officer directly owned 25,794 shares in the company, valued at $2,192,490. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of General Motors stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value of $17,233,433.91. Following the sale, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at approximately $61,646,984.91. This trade represents a 21.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock worth $57,752,596 in the last ninety days. 0.54% of the stock is owned by company insiders.
More General Motors News
- Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
- Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
- Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
- Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
- Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
- Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. TD Cowen increased their price objective on shares of General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Friday, July 17th. Mizuho cut their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price objective on shares of General Motors in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.59.
View Our Latest Report on General Motors
General Motors Trading Up 2.4%
Shares of GM opened at $82.59 on Friday. General Motors Company has a 1-year low of $51.69 and a 1-year high of $87.62. The company has a 50-day moving average of $79.24 and a 200 day moving average of $78.86. The firm has a market capitalization of $72.47 billion, a price-to-earnings ratio of 41.71, a PEG ratio of 0.40 and a beta of 1.31. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.99.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last issued its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, research analysts expect that General Motors Company will post 13.11 EPS for the current year.
General Motors Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s dividend payout ratio is 36.36%.
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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