MUFG Securities EMEA plc grew its position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 109.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,243 shares of the auto manufacturer’s stock after buying an additional 20,020 shares during the quarter. MUFG Securities EMEA plc’s holdings in General Motors were worth $3,110,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of General Motors by 456.1% during the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after purchasing an additional 31,755 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of General Motors by 61.4% during the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after purchasing an additional 7,058 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of General Motors by 4.8% during the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after purchasing an additional 1,706 shares in the last quarter. Jump Financial LLC lifted its position in shares of General Motors by 45.7% during the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after purchasing an additional 7,951 shares in the last quarter. Finally, AXA S.A. lifted its position in shares of General Motors by 69.4% during the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock worth $3,275,000 after purchasing an additional 27,270 shares in the last quarter. 92.67% of the stock is owned by institutional investors.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Negative Sentiment: A UAW-backed strike at American Axle’s Michigan plant is threatening production of GM’s highly profitable Chevy Silverado and GMC Sierra trucks, which could disrupt supply and weigh on near-term revenue and margins. UAW calls for a midnight strike at GM pickup truck axle supplier
- Negative Sentiment: Reuters and CNBC both reported that nearly 1,000 supplier workers have gone on strike, reinforcing investor worries that GM truck output could face interruptions. UAW union strike threatens General Motors truck production
- Negative Sentiment: General Motors disclosed insider sales by Chief Accounting Officer Christopher Hatto and EVP Rory Harvey, which can add to caution around the stock even though both trades were made under pre-arranged 10b5-1 plans. Christopher Hatto insider trade
- Negative Sentiment: Separately, a Reuters report highlighted a supplier strike that could hit GM truck production, keeping attention on supply-chain risk for one of GM’s biggest profit drivers. GM supplier strike could impact truck production
- Neutral Sentiment: Industry commentary from a Mazda executive suggested EV adoption may need more consumer incentives and fewer mandates, a view that could support legacy automakers like GM if it slows the transition pressure, but it is not a direct GM catalyst. More Incentives Needed To Drive EV Demand, Mazda Executive Says
- Neutral Sentiment: A general late-afternoon decline in consumer stocks adds a mild sector headwind, but it does not appear GM-specific. Sector Update: Consumer Stocks Decline Late Afternoon
General Motors Stock Down 0.7%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last issued its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $43.51 billion. During the same quarter in the prior year, the firm earned $2.78 earnings per share. The business’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Analysts forecast that General Motors Company will post 12.85 earnings per share for the current year.
General Motors Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio is presently 29.03%.
Insider Buying and Selling at General Motors
In other General Motors news, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the completion of the sale, the executive vice president owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. This represents a 19.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were 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 $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. Over the last 90 days, insiders sold 554,567 shares of company stock valued at $45,602,888. Corporate insiders own 0.54% of the company’s stock.
Wall Street Analysts Forecast Growth
GM has been the topic of a number of research reports. Benchmark upped their target price on shares of General Motors from $65.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Bank of America initiated coverage on shares of General Motors in a research report on Wednesday, March 4th. They set a “buy” rating and a $105.00 target price on the stock. Jefferies Financial Group upped their target price on shares of General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Wedbush reiterated an “outperform” rating and set a $95.00 target price on shares of General Motors in a research report on Monday, May 11th. Finally, Wells Fargo & Company increased their price objective on shares of General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and an average price target of $95.65.
View Our Latest Analysis on General Motors
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.
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