ZWJ Investment Counsel Inc. Buys 6,677 Shares of General Motors Company $GM

ZWJ Investment Counsel Inc. boosted its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 322,580 shares of the auto manufacturer’s stock after acquiring an additional 6,677 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in General Motors were worth $24,839,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc purchased a new position in shares of General Motors during the 2nd quarter valued at about $599,066,000. NEOS Investment Management LLC lifted its position in General Motors by 8.8% in the 2nd quarter. NEOS Investment Management LLC now owns 146,561 shares of the auto manufacturer’s stock worth $11,297,000 after buying an additional 11,901 shares during the last quarter. Engineers Gate Manager LP boosted its stake in General Motors by 18.6% in the second quarter. Engineers Gate Manager LP now owns 1,290,019 shares of the auto manufacturer’s stock worth $99,435,000 after buying an additional 202,057 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in General Motors by 16.2% in the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after buying an additional 28,163 shares in the last quarter. Finally, Wilsey Asset Management Inc. grew its position in General Motors by 2.1% during the second quarter. Wilsey Asset Management Inc. now owns 626,200 shares of the auto manufacturer’s stock valued at $48,268,000 after acquiring an additional 12,617 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Price Performance

Shares of General Motors stock opened at $83.02 on Thursday. 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 business’s 50 day simple moving average is $84.48 and its two-hundred day simple moving average is $81.00. The stock has a market capitalization of $72.84 billion, a P/E ratio of 6.68, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40. General Motors Company has a one year low of $56.81 and a one year high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The firm had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. During the same quarter in the prior year, the firm posted $2.53 earnings per share. The business’s quarterly 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. Analysts forecast that General Motors Company will post 13.54 EPS for the current year.

General Motors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Friday, September 4th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, September 4th. General Motors’s dividend payout ratio is currently 36.36%.

General Motors News Summary

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

• Positive Sentiment: Defense and autonomous-driving expansion: GM Defense unveiled a driverless Chevrolet Silverado 3500HD-based military vehicle for potential U.S. Army applications. The prototype highlights GM’s autonomous-vehicle and defense capabilities, although it is not yet a material revenue contributor. Chevy Silverado 3500HD Goes Driverless as GM Defense Reveals Its Latest Military Innovations
• Positive Sentiment: Battery investment and jobs: GM and LG plan to invest in next-generation lithium manganese-rich EV battery production at GM’s Spring Hill, Tennessee, complex, potentially creating about 500 jobs. The project strengthens GM’s domestic EV supply chain and battery capacity. General Motors Plans 500 New Jobs At Tennessee Battery Plant
• Positive Sentiment: Driver-assistance roadmap reaffirmed: CEO Mary Barra reiterated GM’s plan to launch “eyes-off, hands-off” driving technology by 2028, supporting the company’s longer-term software and advanced driver-assistance strategy. General Motors CEO Reaffirms Plan To Launch Eyes Off Driving Technology By 2028
• Neutral Sentiment: Earnings are the next major catalyst: GM is scheduled to report third-quarter results before the market opens on October 20. Analysts expect year-over-year earnings growth, while recent forecasts place full-year 2026 EPS near $13.5. Small upward estimate revisions provide support, but investors may remain cautious until the results and outlook are released. General Motors Likely To Report Higher Q3 Earnings
• Negative Sentiment: Near-term pullback and event risk: GM recently advanced while the broader market weakened, leaving room for profit-taking. With earnings approaching, investors may be locking in gains or waiting for confirmation that EV investments, autonomous-driving spending and margins are translating into stronger results. The latest articles do not identify a new fundamental negative surprise.

Wall Street Analyst Weigh In

A number of brokerages have commented on GM. The Goldman Sachs Group increased their price target on shares of General Motors from $103.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Tigress Financial boosted their price objective on shares of General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 28th. Barclays upped their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Daiwa Securities Group increased their target price on shares of General Motors from $83.00 to $86.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Finally, Truist Financial set a $105.00 target price on shares of General Motors in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and an average price target of $101.22.

Insider Activity at General Motors

In other General Motors news, EVP Grant Dixton sold 40,000 shares of the firm’s stock in a transaction 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer owned 18,899 shares in the company, valued at $1,700,910. The trade was a 26.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 549,665 shares of company stock worth $49,010,828 over the last ninety days. Insiders own 0.44% of the company’s stock.

General Motors Company Profile

General Motors Company (NYSE:GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, the company designs, manufactures and sells cars, trucks and sport utility vehicles under brands including Chevrolet, Buick, GMC and Cadillac.

GM serves customers primarily in North America and also operates in international markets. Its business includes gasoline-powered and electric vehicles, commercial and fleet vehicles, vehicle financing through GM Financial, and connected-vehicle services such as OnStar.