J.Safra Asset Management Corp purchased a new position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 10,580 shares of the auto manufacturer’s stock, valued at approximately $816,000.
Several other institutional investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in General Motors during the fourth quarter worth approximately $25,000. Evergreen Advisors LLC bought a new position in shares of General Motors in the first quarter valued at approximately $26,000. SouthState Bank Corp lifted its stake in shares of General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the last quarter. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the third quarter worth $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of General Motors during the 4th quarter worth $30,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
GM has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Friday, July 17th. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company increased their target price on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Barclays raised their target price on General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $101.41.
General Motors Trading Down 0.0%
Shares of GM opened at $86.73 on Monday. General Motors Company has a 1 year low of $54.33 and a 1 year high of $91.85. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. The stock has a 50 day simple moving average of $81.66 and a 200-day simple moving average of $79.54. The stock has a market cap of $76.10 billion, a PE ratio of 43.80, a PEG ratio of 0.40 and a beta of 1.30.
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 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to the consensus estimate 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 last year, the firm posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts predict that General Motors Company will post 13.29 EPS for the current fiscal year.
General Motors Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued 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 currently 36.36%.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Ohio EV battery production is restarting. GM and LG Energy Solution plan to resume battery-cell production at their Ohio facility after a seven-month shutdown, bringing approximately 1,400 workers back. The restart could improve plant utilization and supports GM’s efforts to expand EV production, although it also suggests demand and capacity remain closely managed. Why Is General Motors Resuming EV Battery Production in Ohio?
- Positive Sentiment: Expectations for future earnings are improving. An analyst raised estimates for GM’s fiscal 2027 earnings, adding to the recent bullish narrative around stronger core operations, improving profitability, and growth in software and digital services. GM’s prior quarterly results also exceeded consensus estimates for revenue and EPS. FY2027 EPS Estimates for General Motors Raised by Analyst
- Neutral Sentiment: GM is stepping back from an Indiana battery project while preserving its Samsung SDI relationship. Exiting a planned joint venture valued at approximately $3.5 billion may reduce near-term capital commitments and reflect a more disciplined approach to EV capacity. However, the decision also highlights uncertainty about battery demand and the pace of EV adoption. GM Steps Back From Indiana Battery Project While Maintaining Samsung SDI Partnership
- Negative Sentiment: Potential changes to the North American trade agreement are a major risk. Detroit automakers are warning that proposed revisions could cost the industry billions and weaken competitiveness. Higher costs, disrupted supply chains, or reduced tariff benefits would pressure GM’s margins and vehicle pricing. Detroit automakers fear North American trade deal revamp could cost them billions
- Negative Sentiment: GM’s retreat from China reflects longer-term competitive and growth concerns. The U.S. automaker is reducing its exposure to China as local manufacturers expand and move closer to Western markets, limiting GM’s growth opportunities in the world’s largest auto market. American auto retreat from China accelerates
Insiders Place Their Bets
In other news, EVP Grant Michael Dixton sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at $4,863,492.48. This represents a 42.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. This trade represents a 42.61% 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. In the last quarter, insiders have sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is currently owned by company insiders.
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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