Meeder Advisory Services Inc. acquired a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 30,285 shares of the auto manufacturer’s stock, valued at approximately $2,334,000.
Several other institutional investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors in the 4th quarter valued at approximately $25,000. Evergreen Advisors LLC acquired a new position in General Motors during the first quarter valued at approximately $26,000. SouthState Bank Corp grew its holdings in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors bought a new stake in General Motors in the third quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in General Motors in the fourth quarter worth $30,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently commented on GM. Piper Sandler reaffirmed an “overweight” rating and set a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price target on shares of General Motors in a research report on Wednesday, July 22nd. Evercore restated an “outperform” rating and set a $100.00 price objective on shares of General Motors in a research note on Monday, May 4th. Finally, TD Cowen raised their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $101.41.
Insider Buying and Selling
In other General Motors news, President Mark L. Reuss sold 71,079 shares of General Motors 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 transaction, the president directly owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 28,513 shares in the company, valued at $2,479,205.35. The trade was a 23.75% 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. Insiders have sold a total of 1,247,053 shares of company stock valued at $106,763,425 over the last quarter. 0.44% of the stock is currently owned by company insiders.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM has gained about 14% since its second-quarter earnings report, outperforming Ford. The comparison reflects investor confidence in GM’s stronger-than-expected results and improved outlook, including guidance for fiscal 2026 earnings of $12–$14 per share. GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
- Positive Sentiment: GM’s upcoming 2027 electric vehicles are expected to support Tesla’s charging standard without requiring a separate adapter, potentially improving customer convenience and the competitiveness of GM’s EV lineup. GM Says Its 2027 EVs Won’t Need a Tesla Adapter
- Neutral Sentiment: GM’s relative performance versus other automakers remains a focus for investors following second-quarter earnings. The company’s results compare favorably with several peers, but the broader auto sector still faces uncertainty from tariffs, EV demand and changing consumer preferences. Automobile Manufacturing Stocks Q2 Teardown
- Negative Sentiment: GM asked to be removed as a partner from its LG Energy Solution battery plant in Lansing, Michigan, citing EV-demand considerations and strategic alignment. The move may reduce near-term capital exposure, but also highlights softer-than-expected EV demand and could limit battery-production scale. LG Energy Solution battery plant opens with customers other than GM
- Negative Sentiment: GM plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, signaling production adjustments and potentially weaker labor utilization. GM Laying Off 350 Workers At Lansing Grand River Plant
- Negative Sentiment: Contract negotiations with Unifor could be more contentious than Ford’s talks, creating a risk of higher labor costs, operational disruptions or a strike involving GM’s Canadian facilities. What Makes GM-Unifor Contract Talks More Contentious
General Motors Price Performance
Shares of NYSE:GM opened at $83.73 on Wednesday. The firm has a 50 day moving average of $81.67 and a 200-day moving average of $79.51. General Motors Company has a 12 month low of $54.33 and a 12 month high of $91.85. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $73.47 billion, a PE ratio of 42.29, a PEG ratio of 0.40 and a beta of 1.30.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities research analysts predict that General Motors Company will post 13.29 EPS for the current fiscal year.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is 36.36%.
General Motors Company 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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