Mission Wealth Management LP Acquires 10,044 Shares of General Motors Company $GM

Mission Wealth Management LP boosted its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 193.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,245 shares of the auto manufacturer’s stock after buying an additional 10,044 shares during the period. Mission Wealth Management LP’s holdings in General Motors were worth $1,175,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GM. Tsfg LLC raised its holdings in shares of General Motors by 5.7% during the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after acquiring an additional 120 shares during the period. Bogart Wealth LLC boosted its stake in General Motors by 15.6% in the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 122 shares during the period. Sumitomo Life Insurance Co. boosted its stake in General Motors by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock worth $1,584,000 after purchasing an additional 127 shares during the period. PDS Planning Inc increased its holdings in General Motors by 3.4% during the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 131 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of General Motors by 2.0% in the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 136 shares during the period. Institutional investors own 92.67% of the company’s stock.

Insider Activity at General Motors

In other news, EVP Rory Harvey sold 8,882 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the completion of the sale, the executive vice president owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. This represents a 23.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president directly owned 92,293 shares of the company’s stock, valued at $8,303,601.21. This represents a 43.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,247,053 shares of company stock worth $106,763,425. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on GM shares. The Goldman Sachs Group boosted their price target on General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. TD Cowen lifted their target price on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. UBS Group restated a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Piper Sandler reaffirmed an “overweight” rating and set a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price target on shares of General Motors in a research note on Wednesday, July 22nd. One 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 company. Based on data from MarketBeat.com, General Motors currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.41.

Trending Headlines about General Motors

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

• Positive Sentiment: GM is establishing a supply-chain prepayment facility of up to $4.5 billion with Procura Auto Parts. The arrangement is intended to provide suppliers with earlier access to cash and help GM secure critical components before potential disruptions, reducing the risk of production stoppages. GM inks deal to guard against future parts-supply shocks
• Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart next week following a seven-month shutdown. Restarting the facility could improve utilization of existing assets and support GM’s EV production plans, although the prolonged outage highlights still-soft EV demand. Battery cell production at Ohio plant to restart for GM EVs
• Positive Sentiment: GM and SAIC Motor extended their China joint venture through 2047 and plan to launch at least 30 new-energy vehicles by 2030. Greater use of China-developed technology could lower development costs and expand GM’s access to China’s EV engineering and supply-chain ecosystem. Will GM’s 20-Year SAIC China EV Pact Reshape General Motors’ Global Technology Narrative?
• Neutral Sentiment: Analysts at Erste Group modestly raised their FY2027 EPS forecast to $15.04 from $14.99, above the broader $13.29 consensus estimate. The revision offers incremental support but is unlikely to materially change the valuation narrative.
• Negative Sentiment: GM exited its Indiana battery joint venture with Samsung SDI, transferring its stake in the planned $3.5 billion facility to its partner. The move limits GM’s direct EV-battery exposure and reduces future capital commitments, but reinforces concerns that weaker EV demand is causing the automaker to scale back its electrification ambitions. Why Is General Motors Exiting Its Indiana Battery Joint Venture?

General Motors Trading Down 2.8%

General Motors stock opened at $86.87 on Thursday. The company has a market cap of $76.22 billion, a price-to-earnings ratio of 43.87, a P/E/G ratio of 0.41 and a beta of 1.30. The firm has a 50-day moving average of $81.50 and a 200-day moving average of $79.44. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. General Motors Company has a one year low of $54.16 and a one year high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last released its earnings results 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 return on equity of 18.18% and a net margin of 1.05%.The business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. During the same quarter in the previous year, the business earned $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. On average, equities analysts expect that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a dividend of $0.18 per share. 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 payout ratio is 36.36%.

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.