Oakmont Investment Advisors Inc. bought a new position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the third quarter, HoldingsChannel reports. The firm bought 6,870 shares of the auto manufacturer’s stock, valued at approximately $529,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Axxcess Wealth Management LLC increased its stake in General Motors by 22.4% during the third quarter. Axxcess Wealth Management LLC now owns 3,782 shares of the auto manufacturer’s stock valued at $291,000 after acquiring an additional 692 shares during the period. Guardian Partners Inc. raised its holdings in General Motors by 1,400.0% in the 3rd quarter. Guardian Partners Inc. now owns 15,000 shares of the auto manufacturer’s stock valued at $1,155,000 after acquiring an additional 14,000 shares in the last quarter. Sowell Financial Services LLC lifted its position in shares of General Motors by 2.8% in the 3rd quarter. Sowell Financial Services LLC now owns 23,482 shares of the auto manufacturer’s stock worth $1,808,000 after acquiring an additional 643 shares during the period. Quadrant Capital Group LLC lifted its position in shares of General Motors by 3.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 20,078 shares of the auto manufacturer’s stock worth $1,687,000 after acquiring an additional 660 shares during the period. Finally, Blue Jean Financial LLC grew its holdings in shares of General Motors by 1.1% during the 3rd quarter. Blue Jean Financial LLC now owns 25,539 shares of the auto manufacturer’s stock worth $1,967,000 after purchasing an additional 284 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on GM. Royal Bank Of Canada decreased their price objective on General Motors from $102.00 to $98.00 and set an “outperform” rating on the stock in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research note on Thursday, October 15th. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and raised their target price for the stock from $90.00 to $99.00 in a research report on Monday, July 27th. BNP Paribas Exane raised their target price on General Motors from $102.00 to $112.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Finally, Morgan Stanley decreased their price target on shares of General Motors from $101.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $99.86.
Read Our Latest Report on General Motors
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM reported third-quarter revenue of approximately $50.0 billion and adjusted EPS of $3.70, narrowly exceeding consensus estimates. Adjusted EBIT increased 21.6% year over year to $4.1 billion, supported by strong North American pickup-truck and SUV profitability. GM third-quarter results and guidance
- Positive Sentiment: The board authorized a new $20 billion multiyear buyback, potentially repurchasing up to 27.5% of outstanding shares. The program could support EPS and shareholder returns, particularly with GM trading at a low forward valuation. GM also declared its regular $0.18 quarterly dividend. GM earnings and buyback analysis
- Positive Sentiment: Digital subscriptions, including OnStar and Super Cruise, are expanding as higher-margin revenue streams. GM also outlined plans to use artificial intelligence, centralized computing and a new EV platform to shorten vehicle development cycles and improve future product economics. GM AI and software strategy
- Neutral Sentiment: GM raised its 2026 adjusted automotive free-cash-flow outlook to $11.5 billion-$12.5 billion, but narrowed its adjusted EBIT range to $14.5 billion-$15.5 billion without increasing the midpoint. The company’s updated FY 2026 EPS guidance of $12.75-$13.75 also has a midpoint below the $13.44 analyst consensus.
- Negative Sentiment: Investors remain concerned that nearly all quarterly operating profit came from North America, leaving GM exposed to weaker truck and SUV demand. Potential 2027 commodity and logistics inflation of $1 billion-$1.5 billion, tariffs, upcoming truck launches and softer EV demand could pressure margins. GM 2027 cost risks
Insiders Place Their Bets
In related news, President Mark L. Reuss sold 71,079 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the sale, the president owned 92,293 shares of the company’s stock, valued at $8,303,601.21. The trade was a 43.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the completion of the sale, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. This trade represents a 42.61% 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. Insiders sold a total of 549,665 shares of company stock worth $49,010,828 in the last 90 days. 0.44% of the stock is owned by corporate insiders.
General Motors Stock Performance
NYSE GM opened at $76.02 on Thursday. The stock has a market cap of $66.70 billion, a P/E ratio of 17.43, a PEG ratio of 0.43 and a beta of 1.40. The company’s 50-day simple moving average is $83.77 and its 200 day simple moving average is $81.25. General Motors Company has a twelve month low of $65.89 and a twelve month high of $91.85. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.32.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.69 by $0.01. The firm had revenue of $50.02 billion during the quarter, compared to analyst estimates of $48.78 billion. General Motors had a net margin of 2.12% and a return on equity of 19.36%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.80 earnings per share. As a group, research analysts forecast that General Motors Company will post 13.48 earnings per share for the current fiscal year.
General Motors Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, December 4th. General Motors’s dividend payout ratio is currently 36.36%.
General Motors declared that its Board of Directors has initiated a share buyback plan on Tuesday, October 20th that authorizes the company to repurchase $20.00 billion in shares. This buyback authorization authorizes the auto manufacturer to reacquire up to 27.5% of its shares through open market purchases. Share buyback plans are generally a sign that the company’s board believes its shares are undervalued.
General Motors Profile
General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.
GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.
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