Westpac Banking Corp Makes New $2.12 Million Investment in General Motors Company $GM

Westpac Banking Corp bought a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the second quarter, Holdings Channel.com reports. The fund bought 27,436 shares of the auto manufacturer’s stock, valued at approximately $2,115,000.

A number of other hedge funds have also modified their holdings of the business. Laurel Wealth Advisors LLC acquired a new position in General Motors during the fourth quarter worth about $25,000. SouthState Bank Corp raised its holdings in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after acquiring an additional 177 shares during the last quarter. Evergreen Advisors LLC purchased a new position in General Motors in the 1st quarter worth approximately $26,000. Kemnay Advisory Services Inc. purchased a new position in General Motors in the 4th quarter worth approximately $30,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of General Motors during the 4th quarter worth approximately $33,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares in the company, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total transaction of $772,289.90. Following the completion of the sale, the executive vice president directly owned 28,513 shares in the company, valued at $2,479,205.35. This trade represents a 23.75% 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 1,241,401 shares of company stock valued at $106,313,695. 0.44% of the stock is currently owned by company insiders.

More General Motors News

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

• Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
• Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
• Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
• Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
• Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
• Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.

Analysts Set New Price Targets

GM has been the subject of several recent research reports. Mizuho cut their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Citigroup boosted their price objective on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Benchmark restated a “buy” rating on shares of General Motors in a report on Tuesday, July 21st. JPMorgan Chase & Co. raised their target price on General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Finally, Royal Bank Of Canada lifted their price target on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

General Motors Price Performance

GM stock opened at $87.98 on Friday. The business has a fifty day moving average of $82.01 and a two-hundred day moving average of $79.58. 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 $77.20 billion, a price-to-earnings ratio of 44.43, a price-to-earnings-growth ratio of 0.39 and a beta of 1.30. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts anticipate that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.

General Motors Company Profile

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.