Oakmont Investment Advisors Inc. purchased a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,870 shares of the auto manufacturer’s stock, valued at approximately $529,000.
Several other large investors also recently made changes to their positions in GM. Axxcess Wealth Management LLC raised its stake in shares of General Motors by 22.4% in the 3rd 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 in the last quarter. Guardian Partners Inc. lifted 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 worth $1,155,000 after purchasing an additional 14,000 shares during the last quarter. Sowell Financial Services LLC boosted its position in General Motors by 2.8% during the third quarter. Sowell Financial Services LLC now owns 23,482 shares of the auto manufacturer’s stock worth $1,808,000 after purchasing an additional 643 shares during the period. Quadrant Capital Group LLC boosted its position in General Motors by 3.4% during the third quarter. Quadrant Capital Group LLC now owns 20,078 shares of the auto manufacturer’s stock worth $1,687,000 after purchasing an additional 660 shares during the period. Finally, Blue Jean Financial LLC boosted its position in General Motors by 1.1% during the third 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 during the period. Institutional investors own 92.67% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their price target on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group upgraded shares of General Motors from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $99.00 in a research note on Monday, July 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Thursday, October 15th. Truist Financial set a $105.00 price objective on shares of General Motors in a report on Wednesday, October 7th. Finally, Royal Bank Of Canada lowered their target price on shares of General Motors from $102.00 to $98.00 and set an “outperform” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $99.86.
Insider Buying and Selling
In other news, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the completion of the sale, the chief accounting officer directly owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. This represents a 26.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the sale, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is currently owned by company insiders.
Key Headlines Impacting General Motors
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
General Motors Trading Down 1.4%
General Motors stock opened at $76.02 on Thursday. General Motors Company has a 52 week low of $65.89 and a 52 week high of $91.85. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a market capitalization of $66.70 billion, a PE ratio of 17.43, a PEG ratio of 0.43 and a beta of 1.40. The business’s 50-day simple moving average is $83.77 and its 200-day simple moving average is $81.25.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.01. General Motors had a return on equity of 19.36% and a net margin of 2.12%. The business had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion. During the same quarter in the previous year, the firm earned $2.80 EPS. The firm’s revenue was up 2.9% compared to the same quarter last year. Equities research analysts forecast that General Motors Company will post 13.48 earnings per share for the current year.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. General Motors’s payout ratio is currently 36.36%.
General Motors declared that its board has approved a stock 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 buy up to 27.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.
General Motors Company 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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