Lazard Asset Management LLC Purchases 191,928 Shares of General Motors Company $GM

Lazard Asset Management LLC raised its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 27.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 885,948 shares of the auto manufacturer’s stock after buying an additional 191,928 shares during the quarter. Lazard Asset Management LLC’s holdings in General Motors were worth $66,003,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Norges Bank bought a new position in shares of General Motors during the 4th quarter valued at approximately $918,724,000. Viking Global Investors LP grew its holdings in shares of General Motors by 81.1% in the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock valued at $640,659,000 after purchasing an additional 5,830,050 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new stake in General Motors in the fourth quarter worth $309,380,000. Two Sigma Investments LP increased its position in General Motors by 348.4% in the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after purchasing an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB purchased a new stake in General Motors during the first quarter valued at $171,892,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at General Motors

In related news, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value 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. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the completion of the sale, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. The trade was a 21.09% 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 ninety days, insiders have sold 697,388 shares of company stock worth $57,752,596. Insiders own 0.54% of the company’s stock.

General Motors Stock Up 5.0%

Shares of GM opened at $86.81 on Tuesday. 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 business has a fifty day moving average of $79.52 and a 200 day moving average of $78.86. The company has a market cap of $76.17 billion, a PE ratio of 43.84, a P/E/G ratio of 0.38 and a beta of 1.31. General Motors Company has a 52-week low of $51.69 and a 52-week 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 for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter in the previous year, the business posted $2.53 earnings per share. The business’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 expect that General Motors Company will post 13.23 EPS for the current year.

General Motors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be paid a dividend of $0.18 per share. 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 payout ratio is currently 36.36%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Morgan Stanley increased their price objective on shares of General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Friday, July 17th. UBS Group restated a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Jefferies Financial Group raised shares of General Motors from a “hold” rating to a “buy” rating and increased their price target for the company from $90.00 to $99.00 in a report on Monday. Finally, TD Cowen lifted their price target on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $99.68.

Trending Headlines about General Motors

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

• Positive Sentiment: Jefferies upgraded GM to Buy from Hold and lifted its price target to $99 from $90. The firm raised its 2026–2028 earnings estimates by roughly 6%, citing stronger confidence in GM’s earnings growth, free-cash-flow generation and operational improvements following the company’s second-quarter results. General Motors stock rises 3%: why the stock is a top pick for this analyst
• Positive Sentiment: GM’s recent results showed earnings and revenue exceeding analyst expectations, with steady vehicle pricing and strong truck demand supporting the company’s decision to raise its full-year profit outlook. These trends reinforce the bullish case for near-term profitability. Forget Tesla: These 2 Earnings Reports Reveal Where the Auto Market Is Heading
• Positive Sentiment: President Donald Trump promoted tariffs and reduced environmental regulation during a visit to a GM facility in Michigan, arguing that the policies are reviving U.S. auto manufacturing. The comments may support the investment narrative around domestic production, although tariff effects on GM’s costs and supply chain remain uncertain. Trump Touts Tariffs in Midterm Pitch to GM Workers in Michigan

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.