German American Bancorp Inc. acquired a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the second quarter, HoldingsChannel.com reports. The fund acquired 130,258 shares of the auto manufacturer’s stock, valued at approximately $10,040,000. General Motors comprises 0.8% of German American Bancorp Inc.’s holdings, making the stock its 28th largest holding.
Several other institutional investors have also added to or reduced their stakes in GM. Laurel Wealth Advisors LLC bought a new position in General Motors during the 4th quarter worth approximately $25,000. Evergreen Advisors LLC bought a new stake in shares of General Motors in the 1st quarter valued at $26,000. SouthState Bank Corp boosted its stake in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares during the last quarter. Kelleher Financial Advisors acquired a new stake in shares of General Motors during the third quarter worth $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors during the fourth quarter worth $30,000. 92.67% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Benchmark restated a “buy” rating on shares of General Motors in a report on Tuesday, July 21st. Mizuho decreased their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and boosted their price objective for the company from $90.00 to $99.00 in a research note on Monday, July 27th. Finally, UBS Group restated a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, General Motors currently has an average rating of “Moderate Buy” and an average target price of $101.41.
General Motors Stock Performance
GM opened at $86.73 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. General Motors Company has a 1-year low of $54.33 and a 1-year high of $91.85. The company has a market cap of $76.10 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 0.40 and a beta of 1.30. The company’s fifty day moving average price is $81.66 and its two-hundred day moving average price is $79.54.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.19 by $0.38. The firm had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts expect that General Motors Company will post 13.29 EPS for the current fiscal year.
General Motors Announces Dividend
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 paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is presently 36.36%.
Insider Transactions at General Motors
In related news, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction on Monday, August 3rd. The stock was 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 owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of General Motors stock in a transaction that occurred 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 sale, the president owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. The trade was a 43.51% 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 90 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.
Key Stories Impacting General Motors
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
About General Motors
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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