Handelsbanken Fonder AB Decreases Position in General Motors Company $GM

Handelsbanken Fonder AB lowered its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 50.4% during the second quarter, HoldingsChannel reports. The fund owned 86,950 shares of the auto manufacturer’s stock after selling 88,191 shares during the period. Handelsbanken Fonder AB’s holdings in General Motors were worth $6,702,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GM. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors in the 4th quarter valued at $25,000. Evergreen Advisors LLC acquired a new stake in General Motors during the first quarter valued at approximately $26,000. SouthState Bank Corp boosted its position in shares of General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the period. Kelleher Financial Advisors purchased a new stake in General Motors in the 3rd quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in General Motors in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on GM shares. Barclays lifted their price target 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. Benchmark restated a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. Tigress Financial raised their price objective on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 28th. Evercore restated an “outperform” rating and set a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. Finally, Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $101.41.

General Motors Stock Up 0.4%

Shares of NYSE GM opened at $86.73 on Friday. The stock’s fifty day moving average is $81.66 and its 200 day moving average is $79.53. The stock has a market capitalization of $76.10 billion, a P/E ratio of 43.80, a PEG ratio of 0.39 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 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 analysts’ consensus estimates of $3.19 by $0.38. The firm 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 business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the firm posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Sell-side analysts forecast that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company 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 $0.18 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. General Motors’s payout ratio is presently 36.36%.

Insider Transactions at General Motors

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total value of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value 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 approximately $4,863,492.48. The trade was a 42.11% 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 1,247,053 shares of company stock worth $106,763,425 over the last quarter. 0.44% of the stock is currently owned by corporate insiders.

Trending Headlines about General Motors

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

• Positive Sentiment: Ohio EV battery production is restarting. GM and LG Energy Solution plan to resume battery-cell production at their Ohio facility after a seven-month shutdown, bringing approximately 1,400 workers back. The restart could improve plant utilization and supports GM’s efforts to expand EV production, although it also suggests demand and capacity remain closely managed. Why Is General Motors Resuming EV Battery Production in Ohio?
• Positive Sentiment: Expectations for future earnings are improving. An analyst raised estimates for GM’s fiscal 2027 earnings, adding to the recent bullish narrative around stronger core operations, improving profitability, and growth in software and digital services. GM’s prior quarterly results also exceeded consensus estimates for revenue and EPS. FY2027 EPS Estimates for General Motors Raised by Analyst
• Neutral Sentiment: GM is stepping back from an Indiana battery project while preserving its Samsung SDI relationship. Exiting a planned joint venture valued at approximately $3.5 billion may reduce near-term capital commitments and reflect a more disciplined approach to EV capacity. However, the decision also highlights uncertainty about battery demand and the pace of EV adoption. GM Steps Back From Indiana Battery Project While Maintaining Samsung SDI Partnership
• Negative Sentiment: Potential changes to the North American trade agreement are a major risk. Detroit automakers are warning that proposed revisions could cost the industry billions and weaken competitiveness. Higher costs, disrupted supply chains, or reduced tariff benefits would pressure GM’s margins and vehicle pricing. Detroit automakers fear North American trade deal revamp could cost them billions
• Negative Sentiment: GM’s retreat from China reflects longer-term competitive and growth concerns. The U.S. automaker is reducing its exposure to China as local manufacturers expand and move closer to Western markets, limiting GM’s growth opportunities in the world’s largest auto market. American auto retreat from China accelerates

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.