Wilsey Asset Management Inc. Acquires 12,617 Shares of General Motors Company $GM

Wilsey Asset Management Inc. grew its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 2.1% in the 2nd quarter, Holdings Channel reports. The fund owned 626,200 shares of the auto manufacturer’s stock after purchasing an additional 12,617 shares during the quarter. General Motors comprises 7.1% of Wilsey Asset Management Inc.’s portfolio, making the stock its 3rd biggest holding. Wilsey Asset Management Inc.’s holdings in General Motors were worth $48,268,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its holdings in shares of General Motors by 456.1% during the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after purchasing an additional 31,755 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of General Motors by 61.4% in the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after buying an additional 7,058 shares during the period. Baird Financial Group Inc. lifted its stake in shares of General Motors by 4.8% in the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock valued at $1,847,000 after buying an additional 1,706 shares during the period. Jump Financial LLC grew its position in General Motors by 45.7% during the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after buying an additional 7,951 shares in the last quarter. Finally, AXA S.A. increased its stake in General Motors by 69.4% during the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock valued at $3,275,000 after acquiring an additional 27,270 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors News Summary

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

• Positive Sentiment: Analysts raise GM earnings forecasts. Zacks Research increased estimates across several periods, including FY2026 EPS to $12.85, FY2027 EPS to $13.36, and FY2028 EPS to $12.70. The revisions indicate improving expectations for GM’s profitability, although the FY2026 estimate remains below the broader $13.29 consensus. General Motors analyst estimates
• Positive Sentiment: EV charging infrastructure expands. GM, EVgo and Pilot Travel Centers’ fast-charging network has surpassed 300 locations and 1,300 stalls across 40 states, reaching approximately 75% of the contiguous U.S. This supports GM’s EV ecosystem and could improve customer adoption over time. GM charging network article
• Positive Sentiment: Supplier results provide a favorable industry read-through. BorgWarner, Garrett Motion and Magna each reported earnings beats, citing cost controls, productivity improvements and margin expansion. Their results suggest some auto-supply-chain companies are managing cost and operating pressures effectively, though the benefit to GM is indirect.
• Neutral Sentiment: GM extended its SAIC Motor joint venture through 2047. The renewed 50-50 partnership plans to focus on China-developed vehicles, at least 30 new-energy models by 2030, and domestic Buick and Cadillac sales, while exporting some China-built Chevrolet vehicles to non-U.S. markets. The agreement preserves GM’s strategic presence in China after restructuring, plant closures and model reductions. Reuters GM SAIC joint venture article
• Negative Sentiment: China remains a source of uncertainty. The long-term commitment requires GM to compete in a highly competitive Chinese market amid geopolitical tensions and ongoing restructuring costs. Investors may question whether the extended partnership will generate attractive returns.
• Negative Sentiment: Affordable EV competition is intensifying. Ford’s new Fathom electric pickup, starting at $28,350, highlights increasing price competition in an important vehicle segment and could pressure expectations for GM’s EV growth and margins.

General Motors Stock Performance

General Motors stock opened at $86.86 on Friday. The stock has a 50-day simple moving average of $81.06 and a 200 day simple moving average of $79.22. The stock has a market capitalization of $76.21 billion, a price-to-earnings ratio of 43.87, a P/E/G ratio of 0.41 and a beta of 1.30. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. General Motors Company has a 12-month low of $52.54 and a 12-month high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping 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 net margin of 1.05% and a return on equity of 18.18%. The company’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, research analysts anticipate 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. Investors of record on Friday, September 4th will be issued a $0.18 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 36.36%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GM shares. Morgan Stanley upped their price target on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Tigress Financial boosted their price objective on General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 28th. Benchmark reaffirmed a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lifted their price objective on General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, Mizuho decreased their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.41.

Insider Activity at General Motors

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their position. The transaction was disclosed in a filing 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, EVP Rory Harvey sold 79,494 shares of the stock in a transaction 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 transaction, the executive vice president owned 46,519 shares in the company, valued at $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,247,053 shares of company stock worth $106,763,425. Company insiders own 0.44% of the company’s stock.

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.