47,535 Shares in General Motors Company $GM Purchased by Commerce Bank

Commerce Bank acquired a new position in General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 47,535 shares of the auto manufacturer’s stock, valued at approximately $3,664,000.

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

Insiders Place Their Bets

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the transaction, the chief executive officer directly owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. The trade was a 42.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This represents a 63.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,026,010 shares of company stock worth $89,080,261 in the last quarter. 0.44% of the stock is currently owned by company insiders.

General Motors Stock Down 1.1%

Shares of General Motors stock opened at $86.97 on Tuesday. 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 Company has a 52-week low of $54.33 and a 52-week high of $91.85. The company’s 50 day moving average price is $82.07 and its 200-day moving average price is $79.55. The stock has a market capitalization of $76.31 billion, a price-to-earnings ratio of 43.92, a P/E/G ratio of 0.40 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. 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. Equities research analysts forecast that General Motors Company will post 13.29 EPS for the current year.

General Motors Announces Dividend

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

General Motors News Roundup

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

• Positive Sentiment: GM and Unifor reached tentative agreements that include pay increases, reducing the risk of a labor disruption at Canadian operations. However, higher wages could increase manufacturing costs. GM, Unifor reach tentative agreements with pay hikes
• Positive Sentiment: GM’s purchasing facility of up to $4.5 billion with Procura Auto Parts is intended to secure critical components during future supply-chain disruptions, potentially improving production resilience. GM spends $4.5 billion on chips
• Neutral Sentiment: GM launched a Stars, Stripes, and Skilled Trades initiative supporting veterans and military families. The program may strengthen recruiting and corporate branding but is unlikely to materially affect near-term earnings. General Motors launches Stars, Stripes, and Skilled Trades initiative
• Neutral Sentiment: Reports that GM is considering a Chevrolet Volt successor highlight a possible response to stronger plug-in hybrid demand, but the product’s timing, investment and profitability remain uncertain. As Toyota RAV4 Plug-In Surges, GM Eyes a Chevy Volt Sequel
• Negative Sentiment: NHTSA expanded its investigation into GM’s eBoost electronic braking system to more than 1.1 million vehicles following hundreds of reports, more than 20 crashes or fires and at least six injuries. Potential recalls, repairs, litigation and reputational damage are key risks, including for some GM EVs built with Honda. GM vehicles under federal scrutiny after hundreds of reports
• Negative Sentiment: The U.S. decision to impose 50% tariffs on Canadian auto imports, following a breakdown in trade talks, could raise GM’s parts and vehicle costs because of its integrated North American supply chain and pressure margins. Trump wants to protect U.S. auto makers
• Negative Sentiment: NHTSA is also examining reports that fixes for GM’s 6.2-liter L87 V8 recall may not have prevented additional engine failures, increasing possible warranty and recall liabilities. GM’s 6.2L V8 recall fix may not have worked

Analyst Ratings Changes

Several equities analysts recently commented on GM shares. JPMorgan Chase & Co. boosted their target price on General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Evercore reiterated an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. TD Cowen boosted their price objective on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Morgan Stanley upped their price objective on shares of General Motors from $100.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada raised their target price 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. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $101.41.

General Motors 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.