2,883,679 Shares in General Motors Company $GM Purchased by Man Group plc

Man Group plc purchased a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,883,679 shares of the auto manufacturer’s stock, valued at approximately $222,274,000. Man Group plc owned 0.33% of General Motors as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in shares of General Motors in the fourth quarter valued at approximately $25,000. Evergreen Advisors LLC acquired a new stake in shares of General Motors during the first quarter worth $26,000. SouthState Bank Corp grew its position in 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 buying an additional 177 shares during the last quarter. Kelleher Financial Advisors purchased a new position in General Motors in the 3rd quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in General Motors in the 4th quarter valued at $30,000. 92.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity at General Motors

In related news, CEO Mary T. Barra sold 318,448 shares of the company’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 sale, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. This represents a 42.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total value of $772,289.90. Following the completion of the transaction, the executive vice president directly owned 28,513 shares of the company’s stock, valued at $2,479,205.35. The trade was a 23.75% 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 90 days, insiders sold 843,459 shares of company stock worth $73,997,017. 0.44% of the stock is currently owned by company insiders.

Analyst Ratings Changes

GM has been the subject of a number of analyst reports. The Goldman Sachs Group upped their price objective 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. Evercore reiterated an “outperform” rating and set a $100.00 price target on shares of General Motors in a research note on Monday, May 4th. Piper Sandler reissued an “overweight” rating and set a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Barclays raised their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 price objective on shares of General Motors in a report on Wednesday, July 22nd. One 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 company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.41.

Key Headlines Impacting General Motors

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

• Positive Sentiment: Labor disruption risk has eased: GM and Unifor reached tentative agreements covering Canadian workers, reportedly including pay increases. The agreements could reduce the risk of a strike, although final details and ratification remain pending. GM, Unifor reach tentative agreements with pay hikes
• Positive Sentiment: Supply-chain resilience could improve: GM has established a purchasing facility of up to $4.5 billion with Procura Auto Parts to secure critical components during future disruptions. The move may support production continuity, though it also represents a significant financial commitment. General Motors Company spends $4.5 billion on chips
• Neutral Sentiment: Valuation signals are mixed: Despite a 170.8% three-year gain, one analysis estimates GM trades below its discounted-cash-flow value while market-based multiples suggest the shares may be expensive. This creates uncertainty about additional upside after the strong rally. General Motors stock may trade at a premium despite its run
• Neutral Sentiment: Future product strategy remains speculative: GM is reportedly considering a successor to the Chevrolet Volt as plug-in hybrid demand grows, but no confirmed launch details were provided. As Toyota RAV4 Plug-In Surges, GM Eyes a Chevy Volt Sequel
• Negative Sentiment: Canadian tariffs threaten margins: Proposed 50% tariffs on Canadian auto imports and parts could increase GM’s manufacturing costs, disrupt its North American supply chain and pressure vehicle profitability. Trump wants to protect U.S. auto makers
• Negative Sentiment: Brake-system investigation has expanded: NHTSA is examining eBoost electronic braking issues across more than 1.1 million GM vehicles after hundreds of reports, over 20 crashes or fires and at least six injuries. Potential recalls, repair costs, liability and reputational damage are key risks. Brake problems in GM EVs draw greater federal scrutiny

General Motors Stock Performance

NYSE:GM opened at $85.84 on Wednesday. The firm’s fifty day simple moving average is $82.14 and its 200-day simple moving average is $79.55. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The stock has a market cap of $75.32 billion, a PE ratio of 43.35, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. General Motors Company has a fifty-two week low of $54.33 and a fifty-two week high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Analysts expect that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Announces Dividend

The business 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. 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 0.8%. General Motors’s dividend payout ratio (DPR) is 36.36%.

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.