Kentucky Farm Bureau Mutual Insurance Co acquired a new position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the second quarter, Holdings Channel.com reports. The firm acquired 25,000 shares of the auto manufacturer’s stock, valued at approximately $1,927,000.
Several other institutional investors have also modified their holdings of the stock. Tsfg LLC lifted its stake in General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after buying an additional 120 shares in the last quarter. Bogart Wealth LLC increased its stake in General Motors by 15.6% during the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after buying an additional 122 shares in the last quarter. Sumitomo Life Insurance Co. raised its holdings in shares of 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 acquiring an additional 127 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of 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 acquiring an additional 136 shares during the last quarter. Finally, Waddell & Associates LLC lifted its position in shares of General Motors by 1.3% in the fourth quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock valued at $873,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. Barclays raised their price objective on General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Benchmark reiterated a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $100.00 target price on shares of General Motors in a research report on Wednesday, July 22nd. Evercore restated an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Finally, The Goldman Sachs Group upped their price objective on shares of General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $101.41.
General Motors Price Performance
GM stock opened at $84.98 on Thursday. The business has a fifty day moving average of $81.78 and a two-hundred day moving average of $79.50. 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 stock has a market cap of $74.57 billion, a price-to-earnings ratio of 42.92, a price-to-earnings-growth ratio of 0.38 and a beta of 1.30. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts anticipate that General Motors Company will post 13.29 earnings per share for the current year.
General Motors Announces Dividend
The business also recently disclosed 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is presently 36.36%.
Insiders Place Their Bets
In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. This represents a 42.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares in the company, valued at approximately $4,863,492.48. This trade represents a 42.11% 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. In the last 90 days, insiders sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is owned by company insiders.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Positive earnings revisions: Zacks Research raised its FY2026 EPS estimate for GM to $12.89 from $12.85 and its FY2027 estimate to $13.44 from $13.36. The firm also increased its Q4 2027 forecast, reinforcing expectations for improving profitability. Zacks Research earnings estimate revisions
- Positive Sentiment: Broader EV-sector momentum: Tesla and Rivian led pure-play EV stocks higher, lifting sentiment across the auto group and providing a favorable backdrop for GM despite its mixed EV news. EV stocks outperform Ford and General Motors
- Positive Sentiment: Long-term China commitment: GM and SAIC Motor agreed to extend their joint venture for 20 years, focusing on intelligent EVs and global expansion. The agreement signals continued strategic commitment to China and could support GM’s future EV manufacturing presence. GM extends China joint venture
- Neutral Sentiment: China portfolio restructuring: GM is discontinuing Chevrolet sales in China while retaining Buick and Cadillac and continuing some Chevrolet exports. The move may streamline the brand strategy, but it also highlights competitive and demand challenges in the market. GM discontinues Chevrolet sales in China
- Negative Sentiment: Battery-project withdrawal: GM asked to be removed as a partner from LG Energy Solution’s Michigan battery plant, citing EV-demand and strategy considerations. The decision reduces near-term battery capacity commitments but may indicate more cautious EV investment and weaker demand expectations. LG Energy Solution battery plant opens with customers other than GM
- Negative Sentiment: Labor and restructuring risks: GM faces potentially difficult Unifor contract negotiations and plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, adding uncertainty around costs and North American operations. GM Lansing layoffs
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.
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