Edmond DE Rothschild Holding S.A. purchased a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,733 shares of the auto manufacturer’s stock, valued at approximately $750,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Tsfg LLC increased its stake in General Motors by 5.7% in the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after acquiring an additional 120 shares during the last quarter. Bogart Wealth LLC lifted its stake in General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 122 shares during the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of General Motors by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock worth $1,584,000 after purchasing an additional 127 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of General Motors by 2.0% in the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 136 shares in the last quarter. Finally, Waddell & Associates LLC increased its position in shares of General Motors by 1.3% during the 4th quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock valued at $873,000 after purchasing an additional 137 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Trading Up 1.1%
NYSE GM opened at $85.92 on Friday. The firm has a market cap of $75.39 billion, a PE ratio of 43.39, a price-to-earnings-growth 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. The stock has a 50-day moving average of $81.88 and a 200-day moving average of $79.52. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.
General Motors Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio is 36.36%.
General Motors News Roundup
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM is outperforming Ford as the earlier product-driven rally in Ford shares fades. The contrast suggests GM’s move is being viewed as more fundamental, helped by its recent earnings performance and improved investor sentiment. Ford Drops 4% as Bronco Pickup Rally Fades, Tesla Slips, General Motors Inches Higher
- Positive Sentiment: GM’s latest quarterly results exceeded expectations, with adjusted EPS of $3.57 versus the $3.19 consensus and revenue of $48.03 billion versus estimates of $47.01 billion. Revenue also grew year over year, reinforcing confidence in the company’s full-year earnings outlook.
- Positive Sentiment: The stock remains up since its latest earnings report, while analysts and market commentary point to momentum from GM’s roughly $6 billion buyback, raised guidance and a stronger shareholder-return story relative to Ford. GM Sprinted Past Ford After Its $6 Billion Buyback
- Positive Sentiment: One valuation analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share. Separately, an EVgo fast-charging station opened in metropolitan Detroit with GM support, highlighting the company’s efforts to build out its EV ecosystem. General Motors Stock Fair Value Rises
- Neutral Sentiment: Analyst estimate revisions were mixed: forecasts increased for fourth-quarter 2026 and fiscal 2027 EPS, but one estimate for first-quarter 2028 EPS was reduced. The consensus full-year EPS forecast remains $13.29.
- Negative Sentiment: GM plans to discontinue Chevrolet sales in China while retaining Buick and Cadillac operations. Although its SAIC joint venture was extended for 20 years, the Chevrolet exit underscores competitive and restructuring challenges in the Chinese market. GM Discontinues Chevrolet Sales in China
Analyst Upgrades and Downgrades
GM has been the subject of a number of recent research reports. Morgan Stanley boosted their target price on General Motors from $100.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Benchmark reiterated a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. Tigress Financial lifted their price target on shares of General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada boosted their price objective on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, The Goldman Sachs Group upped their price objective on shares of General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus target price of $101.41.
View Our Latest Research Report on GM
Insider Activity
In other news, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the transaction, the executive vice president owned 46,519 shares in the company, valued at approximately $3,862,007.38. This trade represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the transaction, the executive vice president directly owned 54,992 shares in the company, valued at approximately $4,863,492.48. The trade was a 42.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,241,401 shares of company stock worth $106,313,695 over the last ninety days. Company insiders own 0.44% of the company’s stock.
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.
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