CW Advisors LLC Invests $412,000 in General Motors Company $GM

CW Advisors LLC acquired a new stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 8,498 shares of the auto manufacturer’s stock, valued at approximately $412,000.

Other hedge funds also recently made changes to their positions in the company. Summit Financial LLC lifted its stake in General Motors by 1.1% in the first quarter. Summit Financial LLC now owns 177,886 shares of the auto manufacturer’s stock worth $8,366,000 after purchasing an additional 2,019 shares during the last quarter. Kaufman Rossin Wealth LLC bought a new stake in shares of General Motors in the 1st quarter valued at about $599,000. Partners Capital Investment Group LLP purchased a new stake in General Motors during the 1st quarter valued at about $367,000. Price T Rowe Associates Inc. MD grew its position in General Motors by 97.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,131,433 shares of the auto manufacturer’s stock worth $147,272,000 after acquiring an additional 1,541,581 shares during the last quarter. Finally, Candriam S.C.A. increased its stake in General Motors by 21.0% in the 1st quarter. Candriam S.C.A. now owns 114,372 shares of the auto manufacturer’s stock worth $5,379,000 after purchasing an additional 19,875 shares during the period. 92.67% of the stock is owned by institutional investors.

General Motors Price Performance

Shares of GM stock opened at $58.77 on Thursday. The business’s fifty day moving average is $53.11 and its 200 day moving average is $49.42. The company has a quick ratio of 1.05, a current ratio of 1.22 and a debt-to-equity ratio of 1.42. The stock has a market cap of $55.95 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 1.24 and a beta of 1.36. General Motors Company has a twelve month low of $41.60 and a twelve month high of $61.24.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 22nd. The auto manufacturer reported $2.53 EPS for the quarter, topping the consensus estimate of $2.52 by $0.01. The business had revenue of $47.12 billion for the quarter, compared to analyst estimates of $45.87 billion. General Motors had a net margin of 2.54% and a return on equity of 12.98%. General Motors’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.06 earnings per share. General Motors has set its FY 2025 guidance at 8.250-10.000 EPS. Research analysts expect that General Motors Company will post 11.44 EPS for the current fiscal year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Friday, September 5th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, September 5th. This represents a $0.60 annualized dividend and a yield of 1.0%. General Motors’s dividend payout ratio is currently 9.52%.

Analyst Ratings Changes

Several equities research analysts have weighed in on GM shares. Sanford C. Bernstein set a $36.00 price target on shares of General Motors in a research report on Monday, May 5th. Royal Bank Of Canada reiterated an “outperform” rating on shares of General Motors in a report on Thursday, July 24th. Barclays boosted their price target on General Motors from $45.00 to $55.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Bank of America dropped their price objective on General Motors from $65.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, July 23rd. Finally, BNP Paribas upgraded General Motors to a “strong-buy” rating in a research report on Monday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, General Motors has a consensus rating of “Hold” and a consensus price target of $58.05.

Insider Transactions at General Motors

In other General Motors news, CAO Christopher Hatto sold 36,804 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $55.10, for a total value of $2,027,900.40. Following the transaction, the chief accounting officer directly owned 12,007 shares of the company’s stock, valued at approximately $661,585.70. This trade represents a 75.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rory Harvey sold 23,977 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $53.01, for a total transaction of $1,271,020.77. Following the completion of the transaction, the executive vice president directly owned 8,513 shares in the company, valued at approximately $451,274.13. The trade was a 73.80% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

About General Motors

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.