Uptick Partners LLC Makes New Investment in General Motors Company $GM

Uptick Partners LLC acquired a new position in shares of General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,451 shares of the auto manufacturer’s stock, valued at approximately $497,000.

Several other hedge funds also recently modified their holdings of the stock. CM Wealth Advisors LLC acquired a new position in shares of General Motors during the 2nd quarter valued at $377,000. Csenge Advisory Group acquired a new stake in General Motors in the second quarter worth $298,000. Johnson Financial Group Inc. bought a new stake in General Motors in the second quarter valued at $5,252,000. Tocqueville Asset Management L.P. bought a new stake in General Motors in the second quarter valued at $526,000. Finally, DCF Advisers LLC bought a new position in shares of General Motors during the 2nd quarter worth about $771,000. Institutional investors own 92.67% of the company’s stock.

Insider Activity

In other news, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the sale, the executive vice president directly owned 54,992 shares in the company, valued at $4,863,492.48. The trade was a 42.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is owned by insiders.

Key Stories Impacting General Motors

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

  • Positive Sentiment: Positive earnings revisions: Zacks Research raised its FY2026 EPS estimate for GM to $12.89 from $12.85 and its FY2027 estimate to $13.44 from $13.36. The firm also increased its Q4 2027 forecast, reinforcing expectations for improving profitability. Zacks Research earnings estimate revisions
  • Positive Sentiment: Broader EV-sector momentum: Tesla and Rivian led pure-play EV stocks higher, lifting sentiment across the auto group and providing a favorable backdrop for GM despite its mixed EV news. EV stocks outperform Ford and General Motors
  • Positive Sentiment: Long-term China commitment: GM and SAIC Motor agreed to extend their joint venture for 20 years, focusing on intelligent EVs and global expansion. The agreement signals continued strategic commitment to China and could support GM’s future EV manufacturing presence. GM extends China joint venture
  • Neutral Sentiment: China portfolio restructuring: GM is discontinuing Chevrolet sales in China while retaining Buick and Cadillac and continuing some Chevrolet exports. The move may streamline the brand strategy, but it also highlights competitive and demand challenges in the market. GM discontinues Chevrolet sales in China
  • Negative Sentiment: Battery-project withdrawal: GM asked to be removed as a partner from LG Energy Solution’s Michigan battery plant, citing EV-demand and strategy considerations. The decision reduces near-term battery capacity commitments but may indicate more cautious EV investment and weaker demand expectations. LG Energy Solution battery plant opens with customers other than GM
  • Negative Sentiment: Labor and restructuring risks: GM faces potentially difficult Unifor contract negotiations and plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, adding uncertainty around costs and North American operations. GM Lansing layoffs

Analysts Set New Price Targets

GM has been the subject of several research reports. Royal Bank Of Canada raised 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, July 22nd. Wells Fargo & Company upped their price target on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd. TD Cowen increased their price target on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and raised their price objective for the company from $90.00 to $99.00 in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. boosted their price objective on General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. One research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, General Motors has an average rating of “Moderate Buy” and a consensus target price of $101.41.

Check Out Our Latest Research Report on GM

General Motors Price Performance

Shares of NYSE GM opened at $84.98 on Thursday. General Motors Company has a twelve month low of $54.33 and a twelve month high of $91.85. The stock’s 50 day moving average price is $81.78 and its 200-day moving average price is $79.50. The company has a market capitalization of $74.57 billion, a PE ratio of 42.92, a PEG ratio of 0.38 and a beta of 1.30. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly 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 company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.General Motors’s revenue was up 1.9% on a year-over-year basis. During the same period last year, the business posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities analysts anticipate that General Motors Company will post 13.29 EPS for the current year.

General Motors Announces Dividend

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

General Motors Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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