PFG Investments LLC Sells 12,755 Shares of General Motors Company $GM

PFG Investments LLC decreased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 28.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,689 shares of the auto manufacturer’s stock after selling 12,755 shares during the quarter. PFG Investments LLC’s holdings in General Motors were worth $2,443,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors in the 4th quarter valued at $25,000. Evergreen Advisors LLC bought a new position in General Motors during the first quarter valued at about $26,000. SouthState Bank Corp raised its holdings in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 177 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the third quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors in the fourth quarter worth about $30,000. Institutional investors own 92.67% of the company’s stock.

Insider Buying and Selling at General Motors

In related 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 value of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at $38,772,477.72. This represents a 42.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction of $6,394,977.63. Following the transaction, the president owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. This 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 a total of 1,247,053 shares of company stock valued at $106,763,425 over the last quarter. 0.44% of the stock is currently owned by insiders.

General Motors Trading Down 0.5%

Shares of GM opened at $86.29 on Friday. The stock’s 50-day moving average price is $81.56 and its 200 day moving average price is $79.48. 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 firm has a market capitalization of $75.72 billion, a price-to-earnings ratio of 43.58, a P/E/G ratio of 0.40 and a beta of 1.30. General Motors Company has a 12-month low of $54.33 and a 12-month high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last released 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. The business had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.General Motors’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts predict that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.8%. General Motors’s dividend payout ratio is currently 36.36%.

General Motors News Summary

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

• Positive Sentiment: An analyst raised fiscal 2027 EPS estimates for GM, signaling greater confidence in the automaker’s future profitability. FY2027 EPS Estimates for General Motors Raised by Analyst
• Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart after a seven-month shutdown. The restart could improve capacity utilization and support GM’s electric-vehicle supply chain. Battery cell production at Ohio plant to restart for GM EVs
• Positive Sentiment: GM’s $4.5 billion supplier prepayment and parts-security facility is intended to ensure access to critical components and reduce the risk of production disruptions. GM sets up $4.5 billion supply chain prepayment facility

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GM. UBS Group reissued a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Barclays upped their target price on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Citigroup increased their price target on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 1st. Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Finally, Jefferies Financial Group upgraded shares of General Motors from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $99.00 in a research note 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, General Motors has a consensus rating of “Moderate Buy” and a consensus target price 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.