OMERS ADMINISTRATION Corp Takes Position in General Motors Company $GM

OMERS ADMINISTRATION Corp acquired a new stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 59,380 shares of the auto manufacturer’s stock, valued at approximately $4,577,000.

A number of other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of General Motors in the second quarter valued at $5,958,995,000. Franklin Resources Inc. boosted its stake in General Motors by 2.7% in the 4th quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after buying an additional 835,645 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of General Motors by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock worth $1,802,668,000 after acquiring an additional 267,477 shares during the period. Capital World Investors grew its stake in shares of General Motors by 7.8% during the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after buying an additional 1,405,530 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of General Motors by 5.5% during the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after buying an additional 748,831 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

More General Motors News

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

• Positive Sentiment: GM and Unifor reached tentative agreements that include pay increases, reducing the risk of a labor disruption at Canadian operations. However, higher wages could increase manufacturing costs. GM, Unifor reach tentative agreements with pay hikes
• Positive Sentiment: GM’s purchasing facility of up to $4.5 billion with Procura Auto Parts is intended to secure critical components during future supply-chain disruptions, potentially improving production resilience. GM spends $4.5 billion on chips
• Neutral Sentiment: GM launched a Stars, Stripes, and Skilled Trades initiative supporting veterans and military families. The program may strengthen recruiting and corporate branding but is unlikely to materially affect near-term earnings. General Motors launches Stars, Stripes, and Skilled Trades initiative
• Neutral Sentiment: Reports that GM is considering a Chevrolet Volt successor highlight a possible response to stronger plug-in hybrid demand, but the product’s timing, investment and profitability remain uncertain. As Toyota RAV4 Plug-In Surges, GM Eyes a Chevy Volt Sequel
• Negative Sentiment: NHTSA expanded its investigation into GM’s eBoost electronic braking system to more than 1.1 million vehicles following hundreds of reports, more than 20 crashes or fires and at least six injuries. Potential recalls, repairs, litigation and reputational damage are key risks, including for some GM EVs built with Honda. GM vehicles under federal scrutiny after hundreds of reports
• Negative Sentiment: The U.S. decision to impose 50% tariffs on Canadian auto imports, following a breakdown in trade talks, could raise GM’s parts and vehicle costs because of its integrated North American supply chain and pressure margins. Trump wants to protect U.S. auto makers
• Negative Sentiment: NHTSA is also examining reports that fixes for GM’s 6.2-liter L87 V8 recall may not have prevented additional engine failures, increasing possible warranty and recall liabilities. GM’s 6.2L V8 recall fix may not have worked

General Motors Price Performance

GM opened at $86.97 on Tuesday. The company has a 50-day moving average of $82.07 and a 200-day moving average of $79.55. General Motors Company has a 1-year low of $54.33 and a 1-year high of $91.85. The company has a market capitalization of $76.31 billion, a P/E ratio of 43.92, a PEG ratio of 0.40 and a beta of 1.30. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14.

General Motors (NYSE:GM) (TSE:GMM.U) last released 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 company had revenue of $48.03 billion for 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%.General Motors’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities analysts expect that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

The firm 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. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors’s dividend payout ratio is 36.36%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Mizuho reduced their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Barclays boosted their target price on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Piper Sandler restated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Citigroup lifted their price target on shares of General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Finally, Wedbush reaffirmed an “outperform” rating and issued a $95.00 target price on shares of General Motors in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, General Motors currently has an average rating of “Moderate Buy” and an average price target of $101.41.

Insider Buying and Selling at General Motors

In related news, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total value of $620,550.00. Following the sale, the chief accounting officer directly owned 18,899 shares in the company, valued at $1,700,910. This trade represents a 26.73% decrease in their position. The sale was disclosed in a document filed 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 business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total value of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. This represents a 42.61% 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. In the last three months, insiders sold 1,026,010 shares of company stock worth $89,080,261. Corporate insiders own 0.44% of the company’s stock.

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.