First Trust Advisors LP increased its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 187.5% during the 1st quarter, Holdings Channel reports. The firm owned 1,579,466 shares of the auto manufacturer’s stock after acquiring an additional 1,030,089 shares during the period. First Trust Advisors LP’s holdings in General Motors were worth $117,670,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Norges Bank bought a new position in General Motors in the 4th quarter worth $918,724,000. Viking Global Investors LP raised its holdings in 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 acquiring an additional 5,830,050 shares during the period. Life Cycle Investment Partners Ltd bought a new stake in General Motors during the fourth quarter valued at about $309,380,000. Two Sigma Investments LP lifted its position 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 valued at $216,393,000 after acquiring an additional 2,757,695 shares in the last quarter. Finally, SEB Asset Management AB purchased a new position in shares of General Motors in the first quarter valued at about $171,892,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Trading Down 1.8%
Shares of General Motors stock opened at $80.66 on Friday. General Motors Company has a twelve month low of $51.69 and a twelve month high of $87.62. The company has a quick ratio of 0.99, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average price of $79.09 and a 200-day moving average price of $78.83. The firm has a market cap of $70.78 billion, a price-to-earnings ratio of 40.74, a PEG ratio of 0.41 and a beta of 1.31.
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be paid 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 0.9%. General Motors’s payout ratio is presently 29.03%.
Insider Transactions at General Motors
In related news, EVP Rory Harvey sold 9,124 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the sale, the executive vice president owned 37,395 shares in the company, valued at approximately $3,177,453.15. The trade was a 19.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 99,239 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the sale, the chief executive officer directly owned 592,242 shares in the company, valued at approximately $50,399,794.20. The trade was a 14.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock valued at $57,752,596 in the last ninety days. Corporate insiders own 0.54% of the company’s stock.
General Motors News Summary
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s second-quarter results beat expectations again, marking its 16th straight earnings beat, while adjusted EPS rose sharply year over year and management raised 2026 profit/EBIT guidance. Article Title
- Positive Sentiment: Analysts turned more constructive after earnings, with JPMorgan lifting its price target to $120 and reiterating an overweight rating, reinforcing bullish sentiment around GM’s valuation. Article Title
- Positive Sentiment: Commentary highlighted GM as better positioned than Tesla after Q2, citing stronger fundamentals, disciplined pricing, robust cash flow, and a much lower valuation. Article Title
- Positive Sentiment: GM is also drawing attention for capital returns, with recent coverage emphasizing that it has spent more than $4 billion on share buybacks, supporting shareholder value. Article Title
- Neutral Sentiment: GM announced a collaboration with IONATE to modernize electrical infrastructure at its Romulus manufacturing plant, a positive-looking operational initiative but not yet a major earnings driver. Article Title
- Neutral Sentiment: GM is reportedly pursuing a $1 billion U.S. Army contract for Chevy pickup-based vehicles, which could create a long-term revenue opportunity but remains early-stage. Article Title
- Negative Sentiment: GM faces ongoing overhangs from EV losses, industry competition, and labor disruptions in Korea, which could limit upside despite the strong quarter. Article Title
Analyst Ratings Changes
Several research firms recently issued reports on GM. Piper Sandler reiterated an “overweight” rating and set a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. TD Cowen boosted their price target on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group upped their price target on General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup increased their price objective on shares of General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $100.00 price objective on shares of General Motors in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.59.
Get Our Latest Stock Report on GM
General Motors Company 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.
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