1,456,209 Shares in General Motors Company $GM Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC bought a new stake in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,456,209 shares of the auto manufacturer’s stock, valued at approximately $112,245,000. Great Lakes Advisors LLC owned about 0.17% of General Motors at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GM. BlackRock Inc. purchased a new position in shares of General Motors in the 2nd quarter worth about $5,958,995,000. Norges Bank purchased a new stake in shares of General Motors during the 4th quarter worth about $918,724,000. Bank of New York Mellon Corp acquired a new stake in General Motors during the 2nd quarter worth approximately $522,916,000. Viking Global Investors LP raised its holdings in General Motors by 81.1% in 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 period. Finally, Deutsche Bank AG purchased a new position in General Motors in the second quarter valued at approximately $383,939,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GM. Benchmark reiterated a “buy” rating on shares of General Motors in a research note on Tuesday, July 21st. Wedbush reissued an “outperform” rating and issued a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. The Goldman Sachs Group lifted their target price on shares of General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price target on shares of General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Evercore reissued an “outperform” rating and issued a $100.00 price objective on shares of General Motors in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

Check Out Our Latest Stock Report on GM

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the transaction, the executive vice president owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. The trade was a 63.08% 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. Over the last three months, insiders sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is currently owned by company insiders.

Trending Headlines about General Motors

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

  • Positive Sentiment: GM has gained about 14% since its second-quarter earnings report, outperforming Ford. The comparison reflects investor confidence in GM’s stronger-than-expected results and improved outlook, including guidance for fiscal 2026 earnings of $12–$14 per share. GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
  • Positive Sentiment: GM’s upcoming 2027 electric vehicles are expected to support Tesla’s charging standard without requiring a separate adapter, potentially improving customer convenience and the competitiveness of GM’s EV lineup. GM Says Its 2027 EVs Won’t Need a Tesla Adapter
  • Neutral Sentiment: GM’s relative performance versus other automakers remains a focus for investors following second-quarter earnings. The company’s results compare favorably with several peers, but the broader auto sector still faces uncertainty from tariffs, EV demand and changing consumer preferences. Automobile Manufacturing Stocks Q2 Teardown
  • Negative Sentiment: GM asked to be removed as a partner from its LG Energy Solution battery plant in Lansing, Michigan, citing EV-demand considerations and strategic alignment. The move may reduce near-term capital exposure, but also highlights softer-than-expected EV demand and could limit battery-production scale. LG Energy Solution battery plant opens with customers other than GM
  • Negative Sentiment: GM plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, signaling production adjustments and potentially weaker labor utilization. GM Laying Off 350 Workers At Lansing Grand River Plant
  • Negative Sentiment: Contract negotiations with Unifor could be more contentious than Ford’s talks, creating a risk of higher labor costs, operational disruptions or a strike involving GM’s Canadian facilities. What Makes GM-Unifor Contract Talks More Contentious

General Motors Stock Performance

Shares of GM opened at $83.73 on Wednesday. The firm has a market cap of $73.47 billion, a price-to-earnings ratio of 42.29, a PEG ratio of 0.40 and a beta of 1.30. 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 business’s 50 day moving average is $81.67 and its two-hundred day moving average is $79.51. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The business 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 previous year, the firm earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Analysts forecast that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio is 36.36%.

About General Motors

(Free Report)

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.

See Also

Institutional Ownership by Quarter for General Motors (NYSE:GM)

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