Uptick Partners LLC Makes New $497,000 Investment in General Motors Company $GM

Uptick Partners LLC acquired a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,451 shares of the auto manufacturer’s stock, valued at approximately $497,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of General Motors during the second quarter worth approximately $5,958,995,000. Norges Bank acquired a new position in General Motors in the 4th quarter valued at $918,724,000. Bank of New York Mellon Corp acquired a new position in General Motors in the 2nd quarter valued at $522,916,000. Viking Global Investors LP increased its position in General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of General Motors during the second quarter worth $383,939,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: Positive earnings revisions: Zacks Research raised its FY2026 EPS estimate for GM to $12.89 from $12.85 and its FY2027 estimate to $13.44 from $13.36. The firm also increased its Q4 2027 forecast, reinforcing expectations for improving profitability. Zacks Research earnings estimate revisions
• Positive Sentiment: Broader EV-sector momentum: Tesla and Rivian led pure-play EV stocks higher, lifting sentiment across the auto group and providing a favorable backdrop for GM despite its mixed EV news. EV stocks outperform Ford and General Motors
• Positive Sentiment: Long-term China commitment: GM and SAIC Motor agreed to extend their joint venture for 20 years, focusing on intelligent EVs and global expansion. The agreement signals continued strategic commitment to China and could support GM’s future EV manufacturing presence. GM extends China joint venture
• Neutral Sentiment: China portfolio restructuring: GM is discontinuing Chevrolet sales in China while retaining Buick and Cadillac and continuing some Chevrolet exports. The move may streamline the brand strategy, but it also highlights competitive and demand challenges in the market. GM discontinues Chevrolet sales in China
• Negative Sentiment: Battery-project withdrawal: GM asked to be removed as a partner from LG Energy Solution’s Michigan battery plant, citing EV-demand and strategy considerations. The decision reduces near-term battery capacity commitments but may indicate more cautious EV investment and weaker demand expectations. LG Energy Solution battery plant opens with customers other than GM
• Negative Sentiment: Labor and restructuring risks: GM faces potentially difficult Unifor contract negotiations and plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, adding uncertainty around costs and North American operations. GM Lansing layoffs

Insider Transactions at General Motors

In related news, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, CEO Mary T. Barra sold 318,448 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the sale, the chief executive officer directly owned 428,994 shares in the company, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The SEC filing for this sale provides additional information. 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 insiders.

Analyst Ratings Changes

GM has been the subject of a number of recent research reports. Benchmark reissued a “buy” rating on shares of General Motors in a research report on Tuesday, July 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research report on Friday, July 17th. Tigress Financial lifted their price objective on shares of General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 28th. Barclays boosted their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $101.41.

General Motors Stock Up 1.5%

NYSE GM opened at $84.98 on Thursday. The business has a fifty day moving average price of $81.78 and a two-hundred day moving average price of $79.50. The stock has a market capitalization of $74.57 billion, a PE ratio of 42.92, a PEG ratio of 0.38 and a beta of 1.30. General Motors Company has a fifty-two week low of $54.33 and a fifty-two week high of $91.85. 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 (EPS) for the quarter, beating 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 company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. During the same quarter last year, the company posted $2.53 EPS. The company’s revenue for the quarter 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. Equities analysts expect that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Announces Dividend

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 paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors’s dividend payout ratio is presently 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.