United Capital Financial Advisors LLC Invests $3.70 Million in General Motors Company $GM

United Capital Financial Advisors LLC bought a new position in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,955 shares of the auto manufacturer’s stock, valued at approximately $3,696,000.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors during the fourth quarter valued at approximately $25,000. Evergreen Advisors LLC purchased a new stake in General Motors in the first quarter worth $26,000. SouthState Bank Corp grew its stake in General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors bought a new position in General Motors in the third quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in General Motors during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Friday, July 17th. Barclays lifted their price target on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. UBS Group reissued a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Evercore restated an “outperform” rating and issued a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 target price on shares of General Motors in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $101.41.

Check Out Our Latest Report on GM

General Motors Price Performance

Shares of NYSE:GM opened at $86.31 on Friday. The business has a fifty day moving average price of $82.54 and a 200-day moving average price of $79.63. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. The company has a market capitalization of $75.73 billion, a PE ratio of 43.59, a PEG ratio of 0.39 and a beta of 1.30. General Motors Company has a 1-year low of $54.33 and a 1-year high of $91.85.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter in the previous year, the business posted $2.53 EPS. General Motors’s revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities analysts expect that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

The company 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. 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 is currently 36.36%.

Insider Activity

In other news, EVP Rory Harvey sold 8,882 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total transaction of $772,289.90. Following the sale, the executive vice president owned 28,513 shares in the company, valued at $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the sale, the chief accounting officer directly owned 18,899 shares of the company’s stock, valued at $1,700,910. This trade represents a 26.73% 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 have sold 669,486 shares of company stock valued at $59,205,537. Company insiders own 0.44% of the company’s stock.

General Motors News Roundup

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

General Motors Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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