GK Wealth Management LLC Makes New Investment in General Motors Company $GM

GK Wealth Management LLC purchased a new stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,321 shares of the auto manufacturer’s stock, valued at approximately $487,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Franklin Resources Inc. increased its holdings in shares of General Motors by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after buying an additional 835,645 shares during the period. Geode Capital Management LLC boosted its holdings in General Motors by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after acquiring an additional 267,477 shares during the period. Capital World Investors grew its position in General Motors by 7.8% during the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock worth $1,588,688,000 after acquiring an additional 1,405,530 shares during the last quarter. AQR Capital Management LLC grew its position in General Motors by 5.5% during the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after acquiring an additional 748,831 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in General Motors by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock worth $1,059,668,000 after purchasing an additional 77,100 shares during the period. 92.67% of the stock is owned by institutional investors.

General Motors Trading Up 0.7%

NYSE GM opened at $88.31 on Wednesday. General Motors Company has a fifty-two week low of $52.09 and a fifty-two week high of $91.85. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The stock has a 50 day simple moving average of $80.91 and a two-hundred day simple moving average of $79.11. The stock has a market cap of $77.48 billion, a P/E ratio of 44.60, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. During the same period in the previous year, the firm earned $2.53 earnings per share. The business’s revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts forecast that General Motors Company will post 13.27 earnings per share for the current year.

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors’s payout ratio is 36.36%.

Insiders Place Their Bets

In other news, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the sale, the chief accounting officer directly owned 18,899 shares in the company, valued at $1,700,910. The trade was a 26.73% decrease in their position. 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 have sold a total of 1,247,053 shares of company stock valued at $106,763,425 over the last quarter. 0.44% of the stock is owned by company insiders.

Key Stories Impacting General Motors

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

• Positive Sentiment: EV charging network surpasses 300 locations: GM, Pilot and EVgo said their joint fast-charging network now includes more than 300 locations and 1,300 stalls across 40 states, covering approximately 75% of the contiguous United States. The broader network supports GM’s EV adoption strategy and improves the convenience of long-distance electric travel. Pilot, General Motors and EVgo Power EV Road Trips with More Than 300 Fast-Charging Locations Nationwide
• Positive Sentiment: Long-term growth case remains supported: A Zacks analysis identified GM as a potentially attractive long-term growth stock based on its Style Scores and growth characteristics. This follows GM’s latest quarterly earnings beat, with earnings per share of $3.57 versus a $3.19 consensus estimate and revenue of $48.03 billion, above expectations. Why General Motors Is a Top Growth Stock for the Long-Term
• Positive Sentiment: Analyst support and shareholder returns: Recent analysts raised price targets, including Jefferies at $99 and TD Cowen at $132, while the consensus target is approximately $101.41. GM also maintains a quarterly dividend of $0.18 per share.
• Neutral Sentiment: Executive stock sale: EVP Grant Michael Dixton sold 40,000 shares worth approximately $3.54 million, reducing his holdings by 42.11%. Because the transaction was made under a pre-arranged Rule 10b5-1 plan, it may be less significant as a discretionary bearish signal. Grant Michael Dixton Sells 40,000 Shares of General Motors Stock
• Negative Sentiment: EV and software execution concerns remain: Reports questioned whether GM may scale back electric trucks after weak 2026 sales and suggested its decision to limit Apple CarPlay could be losing consumer support. These issues could pressure EV growth and connected-services monetization.
• Negative Sentiment: Supplier margin pressure: PHINIA’s earnings miss, attributed to higher employee costs and unfavorable product mix, highlights potential cost and supply-chain pressure affecting automotive suppliers, although the impact on GM is indirect.

Wall Street Analyst Weigh In

Several brokerages have weighed in on GM. TD Cowen boosted their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $100.00 target price on shares of General Motors in a report on Wednesday, July 22nd. Evercore reiterated an “outperform” rating and set a $100.00 price target on shares of General Motors in a report on Monday, May 4th. Royal Bank Of Canada increased their price target on shares of General Motors from $94.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Citigroup raised their price target on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $101.41.

About General Motors

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.