Quantbot Technologies LP bought a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,118 shares of the auto manufacturer’s stock, valued at approximately $1,011,000.
Several other large investors also recently made changes to their positions in GM. Tsfg LLC increased its position in shares of General Motors by 5.7% during the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after purchasing an additional 120 shares during the period. Bogart Wealth LLC lifted its holdings in shares of General Motors by 15.6% in the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares during the period. Sumitomo Life Insurance Co. boosted its stake in General Motors by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after buying an additional 127 shares in the last quarter. UMB Bank n.a. boosted its stake in General Motors by 2.0% during the fourth quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock valued at $560,000 after buying an additional 136 shares in the last quarter. Finally, Waddell & Associates LLC grew its holdings in General Motors by 1.3% during the fourth quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock worth $873,000 after acquiring an additional 137 shares during the period. 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: Reduced Canadian strike risk: GM and Unifor reached tentative three-year agreements covering more than 4,600 Ontario workers. If ratified on August 29–30, the deals should improve production continuity and provide greater visibility into near-term labor costs. How Investors Are Reacting To General Motors Reduced Strike Risk After Unifor Labor Deal
- Positive Sentiment: Strong operating setup: An analysis highlighted GM’s robust internal-combustion truck and SUV franchise, aggressive shareholder returns and long-term access to all Phase 1 output from the Thacker Pass lithium mine. The company’s latest quarter also exceeded expectations, with approximately $48 billion in revenue, $3.57 adjusted EPS and $5 billion in free cash flow. General Motors Great Setup Heading Into 2027
- Positive Sentiment: 2027 product updates: GM is making significant changes across several major Chevrolet and GMC models, including updates to its SUV lineup. Refreshing high-volume vehicles could help protect its market share and support pricing. GM Is Making Major Changes to Some of Its Biggest Models in 2027
- Neutral Sentiment: EV charging compatibility: GM’s 2027 EVs will adopt Tesla-style charging ports, but drivers may still need two adapters. The move improves access to charging infrastructure, though the adapter requirement could limit the customer experience. GM’s 2027 EVs Get Tesla-Style Ports but Still Need Two Adapters
- Negative Sentiment: Brake-system investigation: Federal regulators are examining potential braking problems in more than 1.1 million GM vehicles equipped with eBoost brake-by-wire systems. A recall, repair costs, litigation or reputational damage could weigh on earnings if regulators identify a defect. What Does General Motors Face in the 1.1 Million Vehicle Brake Probe?
- Negative Sentiment: Employment-related litigation: GM is facing an age-discrimination lawsuit challenging its white-collar performance-review system, creating potential legal costs and reputational risk. GM Sued Over White-Collar Review System
Insider Activity at General Motors
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on GM shares. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and upped their price target for the company from $90.00 to $99.00 in a report on Monday, July 27th. TD Cowen lifted their target price on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada boosted their target price on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Citigroup upped their target price on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Piper Sandler reiterated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. 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 issued a Sell rating to the stock. According to MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $101.41.
Check Out Our Latest Report on General Motors
General Motors Trading Up 0.5%
NYSE:GM opened at $86.25 on Thursday. The stock has a market cap of $75.68 billion, a PE ratio of 43.56, a price-to-earnings-growth ratio of 0.39 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. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. The stock’s 50-day moving average is $82.27 and its two-hundred day moving average is $79.57.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted 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 firm’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities research analysts forecast 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 given a $0.18 dividend. The ex-dividend date 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 is presently 36.36%.
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.
Recommended Stories
- Five stocks we like better than General Motors
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
