SEB Asset Management AB Invests $171.89 Million in General Motors Company $GM

SEB Asset Management AB purchased a new position in General Motors Company (NYSE:GM) (TSE:GMM.U) in the first quarter, HoldingsChannel reports. The fund purchased 2,307,277 shares of the auto manufacturer’s stock, valued at approximately $171,892,000. General Motors makes up about 0.7% of SEB Asset Management AB’s portfolio, making the stock its 22nd biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in General Motors during the 4th quarter worth $918,724,000. Viking Global Investors LP lifted its position in shares of General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after purchasing an additional 5,830,050 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new position in General Motors in the fourth quarter worth about $309,380,000. Two Sigma Investments LP grew its stake 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 in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its holdings in General Motors by 436.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after buying an additional 2,163,274 shares during the last quarter. 92.67% of the stock is currently owned by institutional investors.

More General Motors News

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.

General Motors Stock Down 2.1%

General Motors stock opened at $76.08 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a one year low of $48.87 and a one year high of $87.62. The company has a 50-day simple moving average of $78.83 and a 200-day simple moving average of $78.91. The firm has a market capitalization of $68.60 billion, a P/E ratio of 30.68, a P/E/G ratio of 0.38 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. During the same period in the previous year, the business posted $2.78 EPS. General Motors’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities analysts expect that General Motors Company will post 12.88 earnings per share for the current year.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, June 5th. General Motors’s dividend payout ratio is 29.03%.

Analysts Set New Price Targets

Several analysts have issued reports on GM shares. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada lowered their price target on General Motors from $95.00 to $94.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Mizuho dropped their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Finally, TD Cowen raised their price objective on General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, General Motors currently has an average rating of “Moderate Buy” and a consensus price target of $97.27.

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 99,239 shares of General Motors stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the sale, the chief executive officer owned 592,242 shares of the company’s stock, valued at $50,399,794.20. The trade was a 14.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the transaction, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. This trade represents a 21.09% 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. Insiders have sold a total of 697,388 shares of company stock worth $57,752,596 in the last three months. 0.54% 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.