Wealthfront Advisers LLC raised its holdings in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 15.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 143,589 shares of the auto manufacturer’s stock after buying an additional 18,831 shares during the quarter. Wealthfront Advisers LLC’s holdings in General Motors were worth $10,697,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in GM. Brighton Jones LLC boosted its stake in General Motors by 456.1% in 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 in the last quarter. Sivia Capital Partners LLC increased its stake in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock valued at $913,000 after purchasing an additional 7,058 shares in the last quarter. Baird Financial Group Inc. increased its stake in General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock valued at $1,847,000 after purchasing an additional 1,706 shares in the last quarter. Jump Financial LLC raised its holdings in shares of General Motors by 45.7% in 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 during the last quarter. Finally, AXA S.A. lifted its stake in shares of General Motors by 69.4% during the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after buying 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: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
- Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
- Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
- Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
- Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
- Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.
Insider Buying and Selling
Analysts Set New Price Targets
GM has been the topic of a number of research analyst reports. Royal Bank Of Canada dropped their price objective on shares of General Motors from $95.00 to $94.00 and set an “outperform” rating on the stock in a report on Monday. UBS Group restated a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. The Goldman Sachs Group dropped their price target on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Wells Fargo & Company increased their price objective on General Motors from $59.00 to $60.00 and gave the company an “underweight” rating in a report on Thursday, June 25th. Finally, Piper Sandler restated an “overweight” rating and issued a $102.00 price objective on shares of General Motors in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.27.
Get Our Latest Report on General Motors
General Motors Trading Down 2.1%
NYSE GM opened at $76.08 on Friday. The company has a market capitalization of $68.60 billion, a PE ratio of 30.68, a P/E/G ratio of 0.39 and a beta of 1.31. The company has a fifty day moving average of $78.83 and a 200 day moving average of $78.91. General Motors Company has a 1 year low of $48.87 and a 1 year high of $87.62. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts forecast that General Motors Company will post 12.88 earnings per share for the current year.
General Motors Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, June 5th. General Motors’s dividend payout ratio (DPR) is 29.03%.
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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