Livforsakringsbolaget Skandia Omsesidigt Grows Stake in General Motors Company $GM

Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 9.6% during the 1st quarter, Holdings Channel reports. The firm owned 269,119 shares of the auto manufacturer’s stock after buying an additional 23,600 shares during the period. General Motors comprises about 0.8% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio, making the stock its 26th biggest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in General Motors were worth $20,049,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in GM. Norges Bank bought a new position in General Motors in the 4th quarter worth approximately $918,724,000. Viking Global Investors LP raised its position in shares of General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after buying an additional 5,830,050 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new position in shares of General Motors in the fourth quarter worth $309,380,000. Two Sigma Investments LP lifted its holdings in shares of General Motors by 348.4% in the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after buying an additional 2,757,695 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its position in shares of General Motors by 436.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after acquiring an additional 2,163,274 shares during the last quarter. 92.67% of the stock is owned by hedge funds and other institutional investors.

General Motors News Summary

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

• Positive Sentiment: GM is getting attention as a value stock in a market rattled by Middle East tensions, with Zacks highlighting General Motors as a low price-to-cash-flow idea that could appeal to investors looking for solid returns. Article Title
• Positive Sentiment: Investor interest is also being reinforced by a Zacks note calling GM a trending stock, which can help keep the shares in focus ahead of upcoming earnings and encourage near-term trading activity. Article Title
• Positive Sentiment: GM’s upcoming earnings release is approaching, and expectations around the quarterly report can lift sentiment if investors anticipate another strong result like the company’s recent beat-and-raise-style performance. Article Title
• Positive Sentiment: Coverage of the 2027 GMC Sierra 1500 points to refreshed design details and new V8 engines, reinforcing GM’s product pipeline in one of its most important profit centers: full-size trucks. Article Title
• Neutral Sentiment: GM is preparing to demo the old Pontiac division headquarters, a real-estate or legacy-asset story that is unlikely to have a major direct impact on the stock unless it signals broader restructuring. Article Title
• Neutral Sentiment: GM reportedly dropped the Chevy Equinox EV in Brazil, which looks like a regional market decision rather than a companywide setback, so the stock impact should be limited unless it points to softer EV demand abroad. Article Title
• Neutral Sentiment: A feature article on Chevrolet cars for retirees is mostly promotional/consumer-interest content and does not appear to materially change GM’s outlook. Article Title
• Neutral Sentiment: GM’s Middle East sales mix over 25 years highlights the strength of its SUVs and pickups in that region, but the article mainly serves as a brand/market-history note rather than a fresh catalyst. Article Title

Insider Buying and Selling

In other General Motors news, EVP Rory Harvey sold 79,494 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, the executive vice president directly owned 46,519 shares in the company, valued at $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the sale, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at $61,646,984.91. The trade was a 21.85% 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 quarter, insiders sold 697,388 shares of company stock worth $57,752,596. Corporate insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GM. Mizuho cut their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. UBS Group restated a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. The Goldman Sachs Group reduced their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Evercore reiterated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $97.27.

General Motors Trading Up 0.1%

Shares of GM opened at $76.81 on Wednesday. The stock has a market capitalization of $69.26 billion, a PE ratio of 30.97, a P/E/G ratio of 0.39 and a beta of 1.31. The company’s fifty day moving average is $78.92 and its 200 day moving average is $79.01. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a fifty-two week low of $48.87 and a fifty-two week high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same period last year, the company posted $2.78 EPS. The business’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts expect that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

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.