General Motors (NYSE:GM) Reaches New 1-Year High – Still a Buy?

General Motors Company (NYSE:GM) (TSE:GMM.U)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $88.94 and last traded at $88.5830, with a volume of 995782 shares traded. The stock had previously closed at $87.04.

Key General Motors News

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

• Positive Sentiment: Jefferies upgraded GM to Buy and raised its price target to $99 from $90. The firm cited stronger earnings and free-cash-flow prospects, raising its 2026–2028 estimates by roughly 6% after GM’s second-quarter results. General Motors stock rises: why the stock is a top pick for this analyst
• Positive Sentiment: GM’s second-quarter performance reinforced its improved outlook. Revenue reached $48.03 billion, above expectations, while EPS of $3.57 exceeded the $3.19 consensus. The company also raised its full-year profit guidance, supported by steady pricing and strong truck sales. General Motors Q2 results and capital reshaping
• Positive Sentiment: GM continues to gain momentum in electric vehicles in Canada. EV sales rose 33.4% year over year through June, giving the company more than one-fifth of Canadian EV registrations and maintaining its leadership position. General Motors remains Canada’s EV sales leader
• Neutral Sentiment: GM Korea reached a wage agreement with its union, becoming the first South Korean automaker to settle this year. The agreement reduces near-term strike and production-disruption risk, although higher labor costs could pressure margins. GM Korea reaches wage agreement with union
• Negative Sentiment: Political support for tariffs has highlighted potential operating risks. President Donald Trump promoted tariffs and deregulation during a visit to a GM facility, but Michigan reportedly lost about 4,000 auto-parts jobs this year. The contrast raises concerns about supplier health, employment and the longer-term cost impact of trade policy. Trump touts tariffs in midterm pitch to GM workers

Analyst Ratings Changes

GM has been the subject of several research reports. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Evercore reissued an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Royal Bank Of Canada increased their price objective on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. 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. Finally, Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and lifted their target price for the company from $90.00 to $99.00 in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.68.

General Motors Stock Up 2.2%

The firm has a market capitalization of $78.05 billion, a P/E ratio of 45.01, a PEG ratio of 0.38 and a beta of 1.31. The firm’s 50 day moving average is $79.52 and its two-hundred day moving average is $78.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.19 by $0.38. The firm had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Research analysts predict that General Motors Company will post 13.23 EPS for the current year.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s payout ratio is 36.36%.

Insider Buying and Selling at General Motors

In other news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the sale, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $84.97, for a total value of $775,266.28. Following the transaction, the executive vice president directly owned 37,395 shares in the company, valued at $3,177,453.15. The trade was a 19.61% decrease in their ownership of the stock. 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. Insiders have sold 697,388 shares of company stock worth $57,752,596 over the last 90 days. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On General Motors

Several large investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its stake in shares of General Motors by 456.1% during the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after buying an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC grew its stake in General Motors by 61.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after buying an additional 7,058 shares during the last quarter. Baird Financial Group Inc. raised its holdings in General Motors by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock valued at $1,847,000 after acquiring an additional 1,706 shares during the period. Jump Financial LLC raised its holdings in General Motors by 45.7% in the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock valued at $1,248,000 after acquiring an additional 7,951 shares during the period. Finally, AXA S.A. lifted its position in General Motors by 69.4% during the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after acquiring an additional 27,270 shares during the last quarter. 92.67% of the stock is owned by institutional investors.

General Motors Company Profile

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.