9,448 Shares in General Motors Company $GM Purchased by Oak Thistle LLC

Oak Thistle LLC purchased a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 9,448 shares of the auto manufacturer’s stock, valued at approximately $728,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Tsfg LLC grew its stake in shares of General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after purchasing an additional 120 shares during the last quarter. Bogart Wealth LLC raised its stake in shares of General Motors by 15.6% during the fourth 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 last quarter. Sumitomo Life Insurance Co. raised its stake in shares of General Motors by 0.7% during the fourth 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 last quarter. PDS Planning Inc lifted its holdings in shares of General Motors by 3.4% during the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 131 shares during the period. Finally, UMB Bank n.a. lifted its holdings in shares of General Motors by 2.0% during the fourth quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 136 shares during the period. 92.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Mizuho dropped their price objective on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $100.00 target price on shares of General Motors in a research note on Wednesday, July 22nd. UBS Group reaffirmed a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. JPMorgan Chase & Co. boosted their price target on shares of General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Finally, Royal Bank Of Canada increased their price target on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and an average target price of $101.41.

General Motors Stock Down 2.8%

General Motors stock opened at $86.87 on Thursday. The stock’s 50 day moving average price is $81.50 and its 200 day moving average price is $79.44. General Motors Company has a 1-year low of $54.16 and a 1-year high of $91.85. The company has a market cap of $76.22 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 0.41 and a beta of 1.30. 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 (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, topping the consensus estimate of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter in the prior year, the business posted $2.53 earnings per share. General Motors’s revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts predict that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is currently 36.36%.

Key Stories Impacting 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?

Insider Activity at General Motors

In related news, President Mark L. Reuss sold 71,079 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total value of $6,394,977.63. Following the completion of the sale, the president owned 92,293 shares in the company, valued at $8,303,601.21. This trade represents a 43.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, the executive vice president directly owned 46,519 shares in the company, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their position. 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 90 days, insiders have sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is owned by company insiders.

About General Motors

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.