Pallas Capital Advisors LLC Acquires New Stake in General Motors Company $GM

Posted by Geri Gentry on Aug 18th, 2026

Pallas Capital Advisors LLC acquired a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 65,059 shares of the auto manufacturer’s stock, valued at approximately $5,015,000.

A number of other large investors have also recently made changes to their positions in GM. Cibc World Market Inc. increased its stake 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 valued at $16,318,000 after buying an additional 72,984 shares during the period. M&T Bank Corp lifted its stake in General Motors by 82.0% in the fourth quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock worth $5,860,000 after acquiring an additional 32,474 shares during the period. Legacy Capital Group California Inc. lifted its stake in General Motors by 206.4% in the fourth quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock worth $1,708,000 after acquiring an additional 14,150 shares during the period. Janney Montgomery Scott LLC grew its holdings in General Motors by 16.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock worth $15,062,000 after acquiring an additional 28,163 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in General Motors during the 4th quarter valued at about $17,753,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on GM. Barclays upped their price target on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $100.00 price objective on shares of General Motors in a research note on Wednesday, July 22nd. Wedbush restated an “outperform” rating and set a $95.00 target price on shares of General Motors in a report on Monday, May 11th. Citigroup increased their target price on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group upgraded General Motors from a “hold” rating to a “buy” rating and lifted their price target for the company from $90.00 to $99.00 in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus price target of $101.41.

Get Our Latest Analysis on GM

General Motors Trading Down 2.7%

NYSE GM opened at $84.45 on Tuesday. General Motors Company has a 52 week low of $54.33 and a 52 week high of $91.85. The company has a 50 day moving average price of $81.67 and a 200 day moving average price of $79.52. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The firm has a market cap of $74.10 billion, a PE ratio of 42.65, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. During the same period last year, the firm earned $2.53 earnings per share. General Motors’s revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, sell-side analysts forecast that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

The firm 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 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is currently 36.36%.

Insiders Place Their Bets

In other General Motors news, EVP Rory Harvey sold 8,882 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $86.95, for a total value of $772,289.90. Following the completion of the transaction, the executive vice president owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. This trade represents a 23.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the sale, the chief executive officer owned 428,994 shares of the company’s stock, valued at $38,772,477.72. The trade was a 42.61% decrease in their ownership of the stock. 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 90 days, insiders have sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is currently owned by corporate insiders.

General Motors 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.