Vise Technologies Inc. acquired a new stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 38,186 shares of the auto manufacturer’s stock, valued at approximately $2,943,000.
A number of other hedge funds have also made changes to their positions in GM. BlackRock Inc. bought a new stake in General Motors during the second quarter worth approximately $5,958,995,000. Norges Bank bought a new position in General Motors during the 4th quarter valued at $918,724,000. Bank of New York Mellon Corp acquired a new position in shares of General Motors during the 2nd quarter valued at $522,916,000. Viking Global Investors LP increased its position in shares of 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 valued at $640,659,000 after purchasing an additional 5,830,050 shares during the period. Finally, Deutsche Bank AG bought a new stake in shares of General Motors in the 2nd quarter worth $383,939,000. Institutional investors and hedge funds own 92.67% of the company’s stock.
Wall Street Analysts Forecast Growth
GM has been the subject of several research analyst reports. Morgan Stanley upped their price objective on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. boosted their price target on shares of General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of General Motors in a report on Monday, May 4th. Wells Fargo & Company raised their price objective on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, July 22nd. Finally, Wedbush reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $101.41.
Insider Activity
In other news, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the sale, the executive vice president owned 54,992 shares of the company’s stock, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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 value of $28,781,330.24. Following the transaction, the chief executive officer directly owned 428,994 shares in the company, valued at $38,772,477.72. The trade was a 42.61% 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. In the last quarter, insiders have sold 1,241,401 shares of company stock valued at $106,313,695. 0.44% of the stock is currently owned by company insiders.
General Motors Price Performance
GM stock opened at $87.98 on Friday. General Motors Company has a one year low of $54.33 and a one year high of $91.85. The firm has a 50-day moving average of $82.01 and a two-hundred day moving average of $79.58. The firm has a market capitalization of $77.20 billion, a PE ratio of 44.43, a P/E/G ratio of 0.39 and a beta of 1.30. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its 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 net margin of 1.05% and a return on equity of 18.18%. The business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. During the same period last year, the firm posted $2.53 earnings per share. The firm’s quarterly 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. On average, analysts forecast that General Motors Company will post 13.29 earnings per share for the current year.
General Motors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is presently 36.36%.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
- Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
- Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
- Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
- Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
- Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.
General Motors 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.
Read More
- Five stocks we like better than General Motors
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
