Evolve Private Wealth LLC Takes $10.50 Million Position in General Motors Company $GM

Evolve Private Wealth LLC acquired a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the 2nd quarter, HoldingsChannel reports. The firm acquired 136,238 shares of the auto manufacturer’s stock, valued at approximately $10,501,000. General Motors accounts for about 0.6% of Evolve Private Wealth LLC’s portfolio, making the stock its 22nd biggest position.

A number of other institutional investors also recently bought and sold shares of GM. BlackRock Inc. acquired a new stake in shares of General Motors during the 2nd quarter worth approximately $5,958,995,000. Norges Bank acquired a new position in General Motors in the fourth quarter valued at approximately $918,724,000. Bank of New York Mellon Corp purchased a new position in General Motors in the second quarter worth approximately $522,916,000. Viking Global Investors LP grew its position in General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after acquiring an additional 5,830,050 shares during the period. Finally, Deutsche Bank AG acquired a new stake in General Motors during the second quarter worth $383,939,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting General Motors

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.

Insider Buying and Selling

In other news, EVP Grant Michael Dixton sold 40,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares in the company, valued at approximately $4,863,492.48. This represents a 42.11% 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, President Mark L. Reuss sold 71,079 shares of the firm’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 directly owned 92,293 shares in the company, valued at $8,303,601.21. This trade represents a 43.51% 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 sold 1,241,401 shares of company stock valued at $106,313,695 over the last 90 days. 0.44% of the stock is currently owned by corporate insiders.

General Motors Stock Performance

Shares of GM opened at $87.98 on Friday. General Motors Company has a 1 year low of $54.33 and a 1 year high of $91.85. The stock has a market capitalization of $77.20 billion, a PE ratio of 44.43, a PEG 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. The stock has a 50-day simple moving average of $82.01 and a 200-day simple moving average of $79.58.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its 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 firm had revenue of $48.03 billion for 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 was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts predict that General Motors Company will post 13.29 earnings per share for the current fiscal 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 issued a $0.18 dividend. 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 is 36.36%.

Analysts Set New Price Targets

A number of analysts recently issued reports on GM shares. Piper Sandler reissued an “overweight” rating and set a $102.00 price objective on shares of General Motors in a research report on Wednesday, April 29th. Barclays increased their target price on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price objective on shares of General Motors in a research report on Wednesday, July 22nd. Finally, Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and boosted their target price for the company from $90.00 to $99.00 in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $101.41.

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.