Perennial Investment Advisors LLC Makes New Investment in General Motors Company $GM

Perennial Investment Advisors LLC bought a new stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,415 shares of the auto manufacturer’s stock, valued at approximately $726,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in GM. Laurel Wealth Advisors LLC purchased a new stake in shares of General Motors in the fourth quarter worth $25,000. Evergreen Advisors LLC bought a new position in General Motors in the 1st quarter worth about $26,000. SouthState Bank Corp boosted its stake in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares in the last quarter. Kelleher Financial Advisors purchased a new stake in General Motors during the 3rd quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in General Motors during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

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 Stock Performance

Shares of 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 quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The stock has a market cap of $75.68 billion, a price-to-earnings ratio of 43.56, a PEG ratio of 0.39 and a beta of 1.30. The business has a 50-day simple moving average of $82.27 and a two-hundred day simple moving average of $79.57.

General Motors (NYSE:GM) (TSE:GMM.U) last released its 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. 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 during the quarter, compared to analyst estimates of $47.01 billion. During the same period in the prior year, the firm posted $2.53 EPS. The firm’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. On average, analysts expect that General Motors Company will post 13.29 EPS for the current year.

General Motors Dividend Announcement

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 paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio is presently 36.36%.

Analysts Set New Price Targets

Several research firms recently commented on GM. TD Cowen increased their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Mizuho lowered their price objective on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Wells Fargo & Company raised their target price on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Citigroup lifted their target price on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research note on Friday, July 17th. 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 given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

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 Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the completion of 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the completion of the sale, the president owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. This represents a 43.51% 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. Over the last quarter, insiders sold 692,486 shares of company stock valued at $61,160,537. 0.44% of the stock is currently owned by corporate insiders.

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.