Danica Pension Livsforsikringsaktieselskab Purchases Shares of 126,903 General Motors Company $GM

Danica Pension Livsforsikringsaktieselskab purchased a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 126,903 shares of the auto manufacturer’s stock, valued at approximately $9,454,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cibc World Market Inc. raised its stake in General Motors by 57.2% during the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock valued at $16,318,000 after purchasing an additional 72,984 shares during the last quarter. M&T Bank Corp raised its holdings in General Motors by 82.0% in the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after acquiring an additional 32,474 shares in the last quarter. Legacy Capital Group California Inc. raised its holdings in General Motors by 206.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after acquiring an additional 14,150 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of General Motors by 16.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after acquiring an additional 28,163 shares during the period. Finally, Leonteq Securities AG acquired a new stake in shares of General Motors during the 4th quarter worth approximately $17,753,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

Key General Motors News

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

• Positive Sentiment: GM reported adjusted EPS of $3.57, above estimates, on revenue of $48.03 billion, also topping Wall Street expectations. Management said strong North American truck and SUV demand, solid pricing, and disciplined incentives helped drive margin expansion. GM quarterly core profit rises 30% on truck, SUV strength
• Positive Sentiment: The company lifted full-year 2026 guidance for the second time this year, which signals improving confidence in earnings and free cash flow. GM releases 2026 second-quarter results, raises full-year 2026 guidance and declares quarterly dividend
• Positive Sentiment: GM announced a quarterly dividend of $0.18 per share, adding another shareholder-return boost alongside ongoing buybacks and a more constructive earnings backdrop.
• Neutral Sentiment: GM also outlined a reset in its EV strategy, including a nearly $2.3 billion charge tied to changes in EV plans. While that weighed on reported net income, the market appears focused more on the stronger core business than the one-time costs. GM swallowed a $10.9 billion pill to reset its EV strategy. It says the worst is nearly over.
• Neutral Sentiment: GM’s shift to bring new gas-powered Cadillac models back to market shows it is prioritizing near-term demand and profitability, but it also highlights the company’s pullback from earlier EV ambitions. GM announces new gas-powered Cadillac vehicles amid EV pullback
• Negative Sentiment: Tariff pressures and one-time EV restructuring costs remain risks that could keep some investors cautious, even with the upbeat quarter. GM CFO on Profit Outlook, Pricing Power, Tariff Costs

General Motors Price Performance

GM opened at $79.67 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The stock has a market capitalization of $71.84 billion, a P/E ratio of 32.13, a price-to-earnings-growth ratio of 0.38 and a beta of 1.31. The company’s 50 day simple moving average is $78.91 and its 200-day simple moving average is $78.83. General Motors Company has a one year low of $48.87 and a one year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.39. The firm had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Sell-side analysts anticipate that General Motors Company will post 12.88 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is presently 29.03%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on GM. Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of General Motors in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price target on shares of General Motors from $98.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Benchmark reaffirmed a “buy” rating on shares of General Motors in a report on Tuesday. Wells Fargo & Company upped their price objective on General Motors from $59.00 to $60.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned 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 an average target price of $97.27.

Insider Activity

In related news, EVP Rory Harvey sold 79,494 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the completion of the sale, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of General Motors stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the sale, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at $61,646,984.91. This represents a 21.85% decrease in their position. 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. In the last quarter, insiders have sold 697,388 shares of company stock valued at $57,752,596. 0.54% of the stock is currently owned by insiders.

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.