Citizens Financial Group Inc. RI Takes $1.06 Million Position in General Motors Company $GM

Citizens Financial Group Inc. RI acquired a new stake in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the second quarter, Holdings Channel reports. The firm acquired 13,718 shares of the auto manufacturer’s stock, valued at approximately $1,057,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tsfg LLC increased its position in shares of General Motors by 5.7% during the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after purchasing an additional 120 shares during the period. Bogart Wealth LLC boosted its stake in General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares in the last quarter. Sumitomo Life Insurance Co. boosted its stake in General Motors by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after buying an additional 127 shares in the last quarter. UMB Bank n.a. grew its holdings in General Motors by 2.0% during the fourth quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after acquiring an additional 136 shares during the period. Finally, Waddell & Associates LLC grew its holdings in General Motors by 1.3% during the fourth quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock worth $873,000 after acquiring an additional 137 shares during the period. Institutional investors own 92.67% of the company’s stock.

Key Headlines Impacting General Motors

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

  • Positive Sentiment: GM has gained about 14% since its second-quarter earnings report, outperforming Ford. The comparison reflects investor confidence in GM’s stronger-than-expected results and improved outlook, including guidance for fiscal 2026 earnings of $12–$14 per share. GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
  • Positive Sentiment: GM’s upcoming 2027 electric vehicles are expected to support Tesla’s charging standard without requiring a separate adapter, potentially improving customer convenience and the competitiveness of GM’s EV lineup. GM Says Its 2027 EVs Won’t Need a Tesla Adapter
  • Neutral Sentiment: GM’s relative performance versus other automakers remains a focus for investors following second-quarter earnings. The company’s results compare favorably with several peers, but the broader auto sector still faces uncertainty from tariffs, EV demand and changing consumer preferences. Automobile Manufacturing Stocks Q2 Teardown
  • Negative Sentiment: GM asked to be removed as a partner from its LG Energy Solution battery plant in Lansing, Michigan, citing EV-demand considerations and strategic alignment. The move may reduce near-term capital exposure, but also highlights softer-than-expected EV demand and could limit battery-production scale. LG Energy Solution battery plant opens with customers other than GM
  • Negative Sentiment: GM plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, signaling production adjustments and potentially weaker labor utilization. GM Laying Off 350 Workers At Lansing Grand River Plant
  • Negative Sentiment: Contract negotiations with Unifor could be more contentious than Ford’s talks, creating a risk of higher labor costs, operational disruptions or a strike involving GM’s Canadian facilities. What Makes GM-Unifor Contract Talks More Contentious

General Motors Stock Performance

Shares of GM stock opened at $83.73 on Wednesday. The company has a market capitalization of $73.47 billion, a price-to-earnings ratio of 42.29, a P/E/G ratio of 0.40 and a beta of 1.30. 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’s fifty day simple moving average is $81.67 and its 200-day simple moving average is $79.51.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. During the same period last year, the company posted $2.53 EPS. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. 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 earnings per share for the current fiscal 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 given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s payout ratio is presently 36.36%.

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction 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 sale, the chief executive officer owned 428,994 shares of the company’s stock, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the business’s stock in a transaction on 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 transaction, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. This represents a 43.51% 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. Over the last ninety days, insiders sold 1,247,053 shares of company stock valued at $106,763,425. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on GM. UBS Group reissued a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research note on Friday, July 17th. Wells Fargo & Company increased their target price on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. TD Cowen raised their target price on shares of General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Finally, The Goldman Sachs Group lifted their price target on shares of General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

Get Our Latest Report on GM

General Motors Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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