Canada Pension Plan Investment Board Takes $145.28 Million Position in General Motors Company $GM

Canada Pension Plan Investment Board bought a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,884,793 shares of the auto manufacturer’s stock, valued at approximately $145,280,000.

Several other large investors have also recently added to or reduced their stakes in the business. Castleark Management LLC purchased a new stake in General Motors in the 2nd quarter valued at about $15,373,000. Royal Capital Wealth Management LLC purchased a new position in shares of General Motors during the 2nd quarter worth about $454,000. Legal & General Group Plc purchased a new position in shares of General Motors during the 2nd quarter worth about $599,066,000. The Manufacturers Life Insurance Company acquired a new stake in shares of General Motors in the second quarter worth approximately $34,852,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of General Motors in the second quarter worth approximately $199,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the stock in a transaction that occurred on 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 owned 54,992 shares of the company’s stock, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of General Motors stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the sale, the president owned 92,293 shares in the company, valued at $8,303,601.21. This represents a 43.51% 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. In the last quarter, insiders have sold 692,486 shares of company stock valued at $61,160,537. Company insiders own 0.44% of the company’s stock.

General Motors Price Performance

GM opened at $86.25 on Thursday. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85. The company has a 50 day moving average of $82.27 and a two-hundred day moving average of $79.57. The company has a market cap of $75.68 billion, a P/E ratio of 43.56, a P/E/G ratio of 0.39 and a beta of 1.30. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GM) (TSE:GMM.U) last issued 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 business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts expect that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Announces Dividend

The business also recently announced 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. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. General Motors’s dividend payout ratio (DPR) is 36.36%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GM shares. The Goldman Sachs Group upped their price target on shares of General Motors from $91.00 to $103.00 and gave the stock a “buy” 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 lifted their price target for the company from $90.00 to $99.00 in a report on Monday, July 27th. Wedbush reissued an “outperform” rating and set a $95.00 price objective on shares of General Motors in a research note on Monday, May 11th. UBS Group restated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Finally, Benchmark reiterated a “buy” rating on shares of General Motors in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

Key General Motors News

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

• Positive Sentiment: Reduced Canadian strike risk: GM and Unifor reached tentative three-year agreements covering more than 4,600 Ontario workers. If ratified on August 29–30, the deals should improve production continuity and provide greater visibility into near-term labor costs. How Investors Are Reacting To General Motors Reduced Strike Risk After Unifor Labor Deal
• Positive Sentiment: Strong operating setup: An analysis highlighted GM’s robust internal-combustion truck and SUV franchise, aggressive shareholder returns and long-term access to all Phase 1 output from the Thacker Pass lithium mine. The company’s latest quarter also exceeded expectations, with approximately $48 billion in revenue, $3.57 adjusted EPS and $5 billion in free cash flow. General Motors Great Setup Heading Into 2027
• Positive Sentiment: 2027 product updates: GM is making significant changes across several major Chevrolet and GMC models, including updates to its SUV lineup. Refreshing high-volume vehicles could help protect its market share and support pricing. GM Is Making Major Changes to Some of Its Biggest Models in 2027
• Neutral Sentiment: EV charging compatibility: GM’s 2027 EVs will adopt Tesla-style charging ports, but drivers may still need two adapters. The move improves access to charging infrastructure, though the adapter requirement could limit the customer experience. GM’s 2027 EVs Get Tesla-Style Ports but Still Need Two Adapters
• Negative Sentiment: Brake-system investigation: Federal regulators are examining potential braking problems in more than 1.1 million GM vehicles equipped with eBoost brake-by-wire systems. A recall, repair costs, litigation or reputational damage could weigh on earnings if regulators identify a defect. What Does General Motors Face in the 1.1 Million Vehicle Brake Probe?
• Negative Sentiment: Employment-related litigation: GM is facing an age-discrimination lawsuit challenging its white-collar performance-review system, creating potential legal costs and reputational risk. GM Sued Over White-Collar Review System

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.