State of Wyoming grew its stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 133.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,757 shares of the auto manufacturer’s stock after acquiring an additional 7,289 shares during the period. State of Wyoming’s holdings in General Motors were worth $950,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in General Motors in the fourth quarter valued at approximately $25,000. Evergreen Advisors LLC purchased a new position in shares of General Motors during the first quarter worth $26,000. SouthState Bank Corp boosted its position in shares of General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the period. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the third quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors in the 4th quarter valued at $30,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.
General Motors Price Performance
GM stock opened at $82.23 on Thursday. The business’s 50-day moving average is $79.03 and its two-hundred day moving average is $78.83. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.99. The firm has a market capitalization of $74.15 billion, a P/E ratio of 41.53, a P/E/G ratio of 0.40 and a beta of 1.31. General Motors Company has a 1 year low of $49.87 and a 1 year high of $87.62.
General Motors Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio is presently 29.03%.
General Motors News Summary
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM posted Q2 EPS of $3.57 and revenue of $48.03 billion, both above Wall Street estimates, while adjusted EBIT jumped nearly 30% on strong truck and SUV demand.
- Positive Sentiment: The company raised its full-year 2026 outlook again, now guiding for adjusted EPS of $12 to $14 and higher EBIT, reinforcing confidence in earnings momentum.
- Positive Sentiment: Analysts turned more constructive after earnings, with JPMorgan lifting its price target on GM to $120 and keeping an overweight rating, adding fuel to the stock’s rally.
- Positive Sentiment: Coverage highlighted GM’s strong cash flow and ongoing share repurchases, with the company having spent more than $4 billion on buybacks over the past year, which can support per-share earnings.
- Neutral Sentiment: GM also announced new gas-powered Cadillac models and a push into defense-related opportunities, suggesting management is broadening growth avenues beyond EVs. Article: At GM, Trump’s Second Term Means Big Trucks—and a Push Into the Defense Industry
- Neutral Sentiment: The company is still absorbing EV-related restructuring costs and faces tariff, labor, and broader auto-industry risks, which could limit upside if demand softens or costs rise.
- Negative Sentiment: GM Korea labor unions are continuing partial strikes, adding a potential operational headwind. Article: GM Korea’s unionised workers continue partial strikes
Insider Activity
In related news, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the transaction, the chief executive officer owned 592,242 shares in the company, valued at $50,399,794.20. The trade was a 14.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the sale, the executive vice president directly owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. This represents a 19.61% 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. Over the last three months, insiders sold 697,388 shares of company stock valued at $57,752,596. Insiders own 0.54% of the company’s stock.
Wall Street Analyst Weigh In
GM has been the topic of several research reports. Piper Sandler reissued an “overweight” rating and set a $102.00 target price on shares of General Motors in a research note on Wednesday, April 29th. Barclays boosted their price target on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday. Benchmark restated a “buy” rating on shares of General Motors in a report on Tuesday. Wells Fargo & Company increased their target price on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, General Motors currently has a consensus rating of “Moderate Buy” and an average target price of $99.59.
View Our Latest Stock Analysis on General Motors
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.
Recommended Stories
- Five stocks we like better than General Motors
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
