Mizuho Markets Cayman LP Sells 46,845 Shares of General Motors Company $GM

Mizuho Markets Cayman LP decreased its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 42.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,675 shares of the auto manufacturer’s stock after selling 46,845 shares during the period. Mizuho Markets Cayman LP’s holdings in General Motors were worth $4,908,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC bought a new stake in General Motors during the 4th quarter valued at $25,000. Evergreen Advisors LLC bought a new position in shares of General Motors in the 1st quarter worth $26,000. SouthState Bank Corp lifted its stake in shares of General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the last quarter. Kelleher Financial Advisors purchased a new stake in shares of General Motors during the 3rd quarter worth $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in General Motors during the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Trading Down 0.5%

Shares of NYSE:GM opened at $86.29 on Friday. The business’s 50-day moving average is $81.56 and its 200 day moving average is $79.48. General Motors Company has a 1 year low of $54.33 and a 1 year high of $91.85. The firm has a market capitalization of $75.72 billion, a P/E ratio of 43.58, a P/E/G ratio of 0.40 and a beta of 1.30. 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 (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. During the same quarter last year, the company earned $2.53 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, research analysts predict that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Dividend Announcement

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

Key Headlines Impacting General Motors

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

• Positive Sentiment: An analyst raised fiscal 2027 EPS estimates for GM, signaling greater confidence in the automaker’s future profitability. FY2027 EPS Estimates for General Motors Raised by Analyst
• Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart after a seven-month shutdown. The restart could improve capacity utilization and support GM’s electric-vehicle supply chain. Battery cell production at Ohio plant to restart for GM EVs
• Positive Sentiment: GM’s $4.5 billion supplier prepayment and parts-security facility is intended to ensure access to critical components and reduce the risk of production disruptions. GM sets up $4.5 billion supply chain prepayment facility

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Piper Sandler reiterated an “overweight” rating and issued a $102.00 target price on shares of General Motors in a research note on Wednesday, April 29th. UBS Group restated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. TD Cowen lifted their price objective on shares of General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Citigroup boosted their price objective on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $100.00 target price on shares of General Motors in a research report on Wednesday, July 22nd. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $101.41.

Insider Buying and Selling

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the sale, the chief accounting officer owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. The trade was a 26.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 that occurred on 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. The trade was a 43.51% decrease in their position. 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. Insiders sold 1,247,053 shares of company stock worth $106,763,425 over the last ninety days. Company insiders own 0.44% of the company’s stock.

About General Motors

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.