Ieq Capital LLC purchased a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 876,604 shares of the auto manufacturer’s stock, valued at approximately $67,569,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in General Motors in the 4th quarter worth about $25,000. Evergreen Advisors LLC acquired a new position in shares of General Motors during the first quarter valued at approximately $26,000. SouthState Bank Corp lifted 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 valued at $29,000 after acquiring an additional 177 shares in the last quarter. Kelleher Financial Advisors purchased a new position in shares of General Motors in the third quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors in the fourth quarter worth approximately $30,000. 92.67% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at General Motors
In other news, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. This represents a 42.61% decrease in their ownership of the stock. 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, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer owned 18,899 shares of the company’s stock, valued at $1,700,910. This trade represents a 26.73% 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. Over the last three months, insiders sold 1,241,401 shares of company stock valued at $106,313,695. 0.44% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on GM
General Motors Stock Up 2.1%
NYSE GM opened at $87.98 on Friday. General Motors Company has a 52 week low of $54.33 and a 52 week high of $91.85. 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 business’s fifty day simple moving average is $82.01 and its 200-day simple moving average is $79.58. The firm has a market cap of $77.20 billion, a PE ratio of 44.43, a P/E/G ratio of 0.39 and a beta of 1.30.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. During the same quarter in the prior year, the firm posted $2.53 earnings per share. General Motors’s quarterly revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities analysts anticipate that General Motors Company will post 13.29 earnings per share for the current year.
General Motors Announces Dividend
The firm also recently declared 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. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. General Motors’s dividend payout ratio is 36.36%.
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.
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.
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