Gibbs Wealth Management Takes $533,000 Position in General Motors Company $GM

Gibbs Wealth Management purchased a new position in General Motors Company (NYSE:GM) (TSE:GMM.U) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,158 shares of the auto manufacturer’s stock, valued at approximately $533,000.

A number of other large investors also recently modified their holdings of the company. Cibc World Market Inc. grew its holdings in shares of General Motors by 57.2% during the fourth quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock worth $16,318,000 after purchasing an additional 72,984 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of 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 purchasing an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. lifted its holdings in shares of 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 purchasing an additional 14,150 shares during the last quarter. Janney Montgomery Scott LLC boosted 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 valued at $15,062,000 after purchasing an additional 28,163 shares during the period. Finally, Leonteq Securities AG purchased a new position in General Motors during the 4th quarter worth approximately $17,753,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other General Motors news, 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 value of $586,075.00. Following the sale, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at $61,646,984.91. This trade represents a 21.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Benchmark reiterated a “buy” rating on shares of General Motors in a research note on Tuesday. Royal Bank Of Canada lifted their target price on General Motors from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 price objective on shares of General Motors in a report on Wednesday. The Goldman Sachs Group lifted their price target on General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Wells Fargo & Company increased their price objective on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.59.

General Motors Trading Up 2.4%

Shares of GM opened at $82.59 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.99. General Motors Company has a 1-year low of $51.69 and a 1-year high of $87.62. The stock has a market cap of $72.47 billion, a price-to-earnings ratio of 41.71, a price-to-earnings-growth ratio of 0.41 and a beta of 1.31. The firm has a 50 day simple moving average of $79.24 and a 200-day simple moving average of $78.86.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. The firm had revenue of $48.03 billion for the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.General Motors’s quarterly 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. Equities analysts forecast that General Motors Company will post 13.23 EPS for the current fiscal year.

General Motors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.18 per share. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is 36.36%.

General Motors News Roundup

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

• Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
• Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
• Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
• Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
• Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
• Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

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.