J. Safra Sarasin Holding AG Has $2.15 Million Stake in General Motors Company $GM

J. Safra Sarasin Holding AG boosted its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 32.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,889 shares of the auto manufacturer’s stock after purchasing an additional 7,158 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in General Motors were worth $2,151,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GM. Tsfg LLC lifted its stake in shares of General Motors by 5.7% in the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after buying an additional 120 shares in the last quarter. Bogart Wealth LLC increased its position in shares of General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after acquiring an additional 122 shares in the last quarter. Sumitomo Life Insurance Co. increased its position in shares of General Motors by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock worth $1,584,000 after acquiring an additional 127 shares in the last quarter. PDS Planning Inc raised its holdings in shares of General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after acquiring an additional 131 shares during the last quarter. Finally, UMB Bank n.a. lifted its position in General Motors by 2.0% in the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock valued at $560,000 after acquiring an additional 136 shares in the last quarter. Institutional investors own 92.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on GM. Wells Fargo & Company lifted their price target on General Motors from $59.00 to $60.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. UBS Group reissued a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Barclays cut their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Finally, Citigroup increased their price target on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, June 1st. One equities 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 company. Based on data from MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and an average target price of $97.27.

General Motors Trading Down 1.4%

NYSE:GM opened at $76.77 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The firm has a market cap of $69.22 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 0.39 and a beta of 1.31. General Motors Company has a 52 week low of $48.87 and a 52 week high of $87.62. The firm has a 50-day moving average price of $78.91 and a two-hundred day moving average price of $79.05.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities analysts expect that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s payout ratio is currently 29.03%.

Insiders Place Their Bets

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer owned 25,794 shares in the company, valued at $2,192,490. This represents a 21.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the sale, the executive vice president directly owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. 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 quarter, insiders have sold 697,388 shares of company stock valued at $57,752,596. Insiders own 0.54% of the company’s stock.

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.