Royal London Asset Management Ltd. Sells 23,851 Shares of General Motors Company $GM

Posted by Brian Himes on Aug 29th, 2026

Royal London Asset Management Ltd. trimmed its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 1.7% in the second quarter, Holdings Channel reports. The fund owned 1,396,962 shares of the auto manufacturer’s stock after selling 23,851 shares during the quarter. Royal London Asset Management Ltd.’s holdings in General Motors were worth $107,678,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GM. Tsfg LLC grew its holdings in shares of General Motors by 5.7% during the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after purchasing an additional 120 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of General Motors by 15.6% in the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares during the period. Sumitomo Life Insurance Co. raised its holdings in General Motors by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after buying an additional 127 shares during the last quarter. UMB Bank n.a. boosted its position in General Motors by 2.0% during the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 136 shares during the period. Finally, Waddell & Associates LLC boosted its position in General Motors by 1.3% during the 4th quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock worth $873,000 after buying an additional 137 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Key Headlines Impacting General Motors

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

Positive Sentiment: Ultium Cells is recalling laid-off workers at its Lordstown, Ohio, battery plant as orders from GM increase. The development suggests improving utilization of GM’s EV battery operations and could support progress toward better EV economics. Ultium Cells in Lordstown recalls laid-off workers as GM battery orders rise
Positive Sentiment: Analyst coverage remains constructive: brokerages reportedly assign GM a consensus price target of $101.41, implying further upside from current levels if the company meets earnings expectations. General Motors Company Receives $101.41 Consensus PT from Brokerages
Positive Sentiment: Industry analysts cite resilient U.S. vehicle demand, evolving EV trends and new tax benefits as potential supports for domestic automakers, including GM. 4 Domestic Auto Biggies Poised to Benefit From Industry Resilience
Positive Sentiment: From a technical perspective, GM is holding support near $86 and forming a bullish-flag pattern, which may attract momentum-oriented investors if resistance is broken. Tesla, Ford and GM Stocks Test Key Technical Boundaries
Neutral Sentiment: GM is giving first-time franchise owners an opportunity to take over a troubled dealership, a potentially positive distribution initiative but one unlikely to materially affect near-term earnings. General Motors gives first-time dealers a chance to turn around troubled store
Neutral Sentiment: Reports on GM’s V8-engine standardization, experimental engines and planned 2027 model updates provide product and strategy context but do not signal a clear immediate earnings impact. GM is making major changes to some of its biggest models in 2027
Negative Sentiment: NHTSA opened an engineering analysis covering 997,743 GM pickups and SUVs with the L87 V-8 engine, including the Chevrolet Silverado 1500, GMC Yukon and Cadillac Escalade. Potential engine failures could lead to recalls, repair costs, warranty expense and reputational damage, making this the principal near-term risk for GM. General Motors Faces Safety Probe Over Engine Failures in Nearly 1 Million Vehicles

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Friday, July 17th. Jefferies Financial Group upgraded shares of General Motors from a “hold” rating to a “buy” rating and lifted their price target for the stock from $90.00 to $99.00 in a report on Monday, July 27th. Wells Fargo & Company lifted their price target on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. The Goldman Sachs Group increased their price objective on General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, TD Cowen raised their target price 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 research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.41.

Get Our Latest Research Report on GM

General Motors Stock Up 0.2%

Shares of NYSE:GM opened at $86.31 on Friday. The company has a market capitalization of $75.73 billion, a price-to-earnings ratio of 43.59, a P/E/G ratio of 0.39 and a beta of 1.30. The business’s 50-day moving average is $82.54 and its 200-day moving average is $79.63. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. General Motors Company has a 1 year low of $54.33 and a 1 year high of $91.85.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping the consensus estimate 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 net margin of 1.05% and a return on equity of 18.18%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities research analysts predict that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is presently 36.36%.

Insiders Place Their Bets

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the completion of the sale, the chief executive officer directly owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. The trade was a 42.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the transaction, the president owned 92,293 shares in the company, valued at $8,303,601.21. This represents a 43.51% 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. In the last three months, insiders sold 669,486 shares of company stock valued at $59,205,537. 0.44% of the stock is currently owned by corporate insiders.

About General Motors

(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.