Corient Private Wealth LP purchased a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 275,727 shares of the auto manufacturer’s stock, valued at approximately $21,253,000.
Other large investors have also recently added to or reduced their stakes in the company. Perennial Investment Advisors LLC acquired a new position in General Motors during the 2nd quarter worth $726,000. Ausdal Financial Partners Inc. acquired a new stake in shares of General Motors in the 2nd quarter valued at about $698,000. Bank of America Corp DE acquired a new stake in shares of General Motors in the 2nd quarter valued at about $629,465,000. Caisse de depot et placement du Quebec bought a new position in shares of General Motors during the second quarter worth about $265,953,000. Finally, Odyssean LLC acquired a new position in General Motors in the second quarter worth about $348,000. 92.67% of the stock is currently owned by institutional investors.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Ultium Cells is recalling laid-off workers at its Lordstown, Ohio, battery plant as orders from GM increase. The development suggests improving utilization of GM’s EV battery operations and could support progress toward better EV economics. Ultium Cells in Lordstown recalls laid-off workers as GM battery orders rise
- Positive Sentiment: Analyst coverage remains constructive: brokerages reportedly assign GM a consensus price target of $101.41, implying further upside from current levels if the company meets earnings expectations. General Motors Company Receives $101.41 Consensus PT from Brokerages
- Positive Sentiment: Industry analysts cite resilient U.S. vehicle demand, evolving EV trends and new tax benefits as potential supports for domestic automakers, including GM. 4 Domestic Auto Biggies Poised to Benefit From Industry Resilience
- Positive Sentiment: From a technical perspective, GM is holding support near $86 and forming a bullish-flag pattern, which may attract momentum-oriented investors if resistance is broken. Tesla, Ford and GM Stocks Test Key Technical Boundaries
- Neutral Sentiment: GM is giving first-time franchise owners an opportunity to take over a troubled dealership, a potentially positive distribution initiative but one unlikely to materially affect near-term earnings. General Motors gives first-time dealers a chance to turn around troubled store
- Neutral Sentiment: Reports on GM’s V8-engine standardization, experimental engines and planned 2027 model updates provide product and strategy context but do not signal a clear immediate earnings impact. GM is making major changes to some of its biggest models in 2027
- Negative Sentiment: NHTSA opened an engineering analysis covering 997,743 GM pickups and SUVs with the L87 V-8 engine, including the Chevrolet Silverado 1500, GMC Yukon and Cadillac Escalade. Potential engine failures could lead to recalls, repair costs, warranty expense and reputational damage, making this the principal near-term risk for GM. General Motors Faces Safety Probe Over Engine Failures in Nearly 1 Million Vehicles
Insider Buying and Selling
Wall Street Analysts Forecast Growth
GM has been the subject of several research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Friday, July 17th. TD Cowen boosted their price target on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Wells Fargo & Company upped their price target on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price objective on shares of General Motors in a research note on Wednesday, July 22nd. Finally, Barclays boosted their target price on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $101.41.
Check Out Our Latest Research Report on General Motors
General Motors Stock Up 0.2%
NYSE:GM opened at $86.31 on Friday. The firm has a market capitalization of $75.73 billion, a PE ratio of 43.59, a price-to-earnings-growth ratio of 0.39 and a beta of 1.30. The stock has a 50 day moving average of $82.54 and a 200-day moving average of $79.63. General Motors Company has a 52 week low of $54.33 and a 52 week high of $91.85. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Analysts predict that General Motors Company will post 13.29 EPS for the current 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 of this dividend is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors’s dividend payout ratio (DPR) is currently 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.
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