Great Lakes Advisors LLC Makes New $10.62 Million Investment in General Motors Company $GM

Great Lakes Advisors LLC bought a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 137,839 shares of the auto manufacturer’s stock, valued at approximately $10,625,000.

Other large investors have also made changes to their positions in the company. BlackRock Inc. purchased a new position in General Motors during the second quarter worth approximately $5,958,995,000. Franklin Resources Inc. boosted its stake in General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after buying an additional 835,645 shares during the last quarter. Geode Capital Management LLC grew its holdings in General Motors by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after buying an additional 267,477 shares in the last quarter. Capital World Investors grew its holdings in General Motors by 7.8% in the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after buying an additional 1,405,530 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of General Motors by 5.5% in the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after acquiring an additional 748,831 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Grant Michael Dixton sold 40,000 shares of the business’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 completion of the transaction, the executive vice president directly owned 54,992 shares of the company’s stock, valued at $4,863,492.48. The trade was a 42.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the company’s stock in a transaction dated 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 sale, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. This trade represents a 43.51% decrease in their position. 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 ninety days, insiders have sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is currently owned by company insiders.

Key General Motors News

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

• Positive Sentiment: GM has gained about 14% since its second-quarter earnings report, outperforming Ford. The comparison reflects investor confidence in GM’s stronger-than-expected results and improved outlook, including guidance for fiscal 2026 earnings of $12–$14 per share. GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
• Positive Sentiment: GM’s upcoming 2027 electric vehicles are expected to support Tesla’s charging standard without requiring a separate adapter, potentially improving customer convenience and the competitiveness of GM’s EV lineup. GM Says Its 2027 EVs Won’t Need a Tesla Adapter
• Neutral Sentiment: GM’s relative performance versus other automakers remains a focus for investors following second-quarter earnings. The company’s results compare favorably with several peers, but the broader auto sector still faces uncertainty from tariffs, EV demand and changing consumer preferences. Automobile Manufacturing Stocks Q2 Teardown
• Negative Sentiment: GM asked to be removed as a partner from its LG Energy Solution battery plant in Lansing, Michigan, citing EV-demand considerations and strategic alignment. The move may reduce near-term capital exposure, but also highlights softer-than-expected EV demand and could limit battery-production scale. LG Energy Solution battery plant opens with customers other than GM
• Negative Sentiment: GM plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, signaling production adjustments and potentially weaker labor utilization. GM Laying Off 350 Workers At Lansing Grand River Plant
• Negative Sentiment: Contract negotiations with Unifor could be more contentious than Ford’s talks, creating a risk of higher labor costs, operational disruptions or a strike involving GM’s Canadian facilities. What Makes GM-Unifor Contract Talks More Contentious

General Motors Trading Down 0.8%

Shares of GM stock opened at $83.73 on Wednesday. General Motors Company has a fifty-two week low of $54.33 and a fifty-two week high of $91.85. The company has a 50 day moving average price of $81.67 and a 200 day moving average price of $79.51. The stock has a market capitalization of $73.47 billion, a P/E ratio of 42.29, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14.

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 analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $47.01 billion. During the same period in the prior year, the business earned $2.53 EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities research analysts predict that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is 36.36%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Piper Sandler reiterated an “overweight” rating and set a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Citigroup raised their price objective 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. Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. Evercore reiterated an “outperform” rating and issued a $100.00 target price on shares of General Motors in a report on Monday, May 4th. Finally, TD Cowen increased their price target on shares of General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

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.