Healthcare of Ontario Pension Plan Trust Fund Increases Holdings in General Motors Company $GM

Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 2,161.0% in the first quarter, HoldingsChannel reports. The firm owned 833,778 shares of the auto manufacturer’s stock after acquiring an additional 796,901 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in General Motors were worth $62,116,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in General Motors during the 4th quarter worth approximately $25,000. Evergreen Advisors LLC acquired a new stake in General Motors during the 1st quarter valued at approximately $26,000. SouthState Bank Corp boosted its holdings in shares of 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. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the third quarter worth $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors in the fourth quarter worth $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Wall Street Analyst Weigh In

GM has been the subject of a number of research reports. TD Cowen boosted their target price on shares of General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday. Benchmark reaffirmed a “buy” rating on shares of General Motors in a research report on Tuesday. Evercore reiterated an “outperform” rating and set a $100.00 price objective on shares of General Motors in a research note on Monday, May 4th. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of General Motors in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $99.59.

Read Our Latest Research Report on General Motors

Insider Buying and Selling

In related news, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the transaction, the chief executive officer owned 770,491 shares of the company’s stock, valued at approximately $61,646,984.91. This represents a 21.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the sale, the executive vice president directly owned 46,519 shares in the company, valued at approximately $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 697,388 shares of company stock valued at $57,752,596. 0.54% of the stock is owned by company insiders.

Key Stories Impacting General Motors

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

  • Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
  • Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
  • Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
  • Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
  • Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
  • Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

General Motors Stock Up 2.4%

GM stock opened at $82.59 on Friday. The firm has a market cap of $72.47 billion, a PE ratio of 41.71, a P/E/G ratio of 0.41 and a beta of 1.31. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.99 and a current ratio of 1.14. The firm’s fifty day moving average is $79.24 and its 200 day moving average is $78.86. General Motors Company has a one year low of $51.69 and a one year high of $87.62.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, research analysts forecast that General Motors Company will post 13.23 EPS for the current year.

General Motors Announces Dividend

The firm also recently declared 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. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is currently 36.36%.

General Motors Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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