Pacer Advisors Inc. cut its holdings in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 55.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 47,243 shares of the auto manufacturer’s stock after selling 57,956 shares during the period. Pacer Advisors Inc.’s holdings in General Motors were worth $3,520,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of General Motors in the fourth quarter valued at $918,724,000. Viking Global Investors LP lifted its position in General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in General Motors during the fourth quarter worth about $309,380,000. Two Sigma Investments LP boosted its stake in General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after buying an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB acquired a new stake in General Motors in the 1st quarter worth about $171,892,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
General Motors Stock Performance
Shares of NYSE:GM opened at $86.86 on Friday. The business has a 50-day moving average of $81.06 and a two-hundred day moving average of $79.22. The firm has a market capitalization of $76.21 billion, a PE ratio of 43.87, a P/E/G ratio of 0.41 and a beta of 1.30. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. General Motors Company has a 12 month low of $52.54 and a 12 month high of $91.85.
General Motors Announces Dividend
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 given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s payout ratio is 36.36%.
Insider Buying and Selling at General Motors
In related news, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction 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. The trade was a 63.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of the company’s 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 sale, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. 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. In the last three months, insiders sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Royal Bank Of Canada upped their price objective on shares of General Motors from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Mizuho decreased their target price 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. Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Evercore reaffirmed an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Finally, Citigroup increased their price target on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $101.41.
View Our Latest Report on General Motors
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Analysts raise GM earnings forecasts. Zacks Research increased estimates across several periods, including FY2026 EPS to $12.85, FY2027 EPS to $13.36, and FY2028 EPS to $12.70. The revisions indicate improving expectations for GM’s profitability, although the FY2026 estimate remains below the broader $13.29 consensus. General Motors analyst estimates
- Positive Sentiment: EV charging infrastructure expands. GM, EVgo and Pilot Travel Centers’ fast-charging network has surpassed 300 locations and 1,300 stalls across 40 states, reaching approximately 75% of the contiguous U.S. This supports GM’s EV ecosystem and could improve customer adoption over time. GM charging network article
- Positive Sentiment: Supplier results provide a favorable industry read-through. BorgWarner, Garrett Motion and Magna each reported earnings beats, citing cost controls, productivity improvements and margin expansion. Their results suggest some auto-supply-chain companies are managing cost and operating pressures effectively, though the benefit to GM is indirect.
- Neutral Sentiment: GM extended its SAIC Motor joint venture through 2047. The renewed 50-50 partnership plans to focus on China-developed vehicles, at least 30 new-energy models by 2030, and domestic Buick and Cadillac sales, while exporting some China-built Chevrolet vehicles to non-U.S. markets. The agreement preserves GM’s strategic presence in China after restructuring, plant closures and model reductions. Reuters GM SAIC joint venture article
- Negative Sentiment: China remains a source of uncertainty. The long-term commitment requires GM to compete in a highly competitive Chinese market amid geopolitical tensions and ongoing restructuring costs. Investors may question whether the extended partnership will generate attractive returns.
- Negative Sentiment: Affordable EV competition is intensifying. Ford’s new Fathom electric pickup, starting at $28,350, highlights increasing price competition in an important vehicle segment and could pressure expectations for GM’s EV growth and margins.
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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