Castleark Management LLC Makes New $15.37 Million Investment in General Motors Company $GM

Castleark Management LLC purchased a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 199,440 shares of the auto manufacturer’s stock, valued at approximately $15,373,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in GM. Laurel Wealth Advisors LLC bought a new position in General Motors during the 4th quarter worth about $25,000. Evergreen Advisors LLC bought a new stake in shares of General Motors in the 1st quarter valued at about $26,000. SouthState Bank Corp raised its holdings in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares in the last quarter. Kelleher Financial Advisors purchased a new stake in shares of General Motors in the 3rd quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of General Motors during the fourth quarter valued at approximately $30,000. 92.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GM has been the topic of several research reports. Tigress Financial lifted their price objective on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 28th. Morgan Stanley increased their target price on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Piper Sandler reiterated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Citigroup boosted their price target on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, The Goldman Sachs Group upped their price objective on General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and an average target price of $101.41.

Insider Buying and Selling

In related news, CEO Mary T. Barra sold 318,448 shares of the business’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 completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 843,459 shares of company stock worth $73,997,017. Corporate insiders own 0.44% of the company’s stock.

General Motors News Roundup

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

• Positive Sentiment: Labor disruption risk has eased: GM and Unifor reached tentative agreements covering Canadian workers, reportedly including pay increases. The agreements could reduce the risk of a strike, although final details and ratification remain pending. GM, Unifor reach tentative agreements with pay hikes
• Positive Sentiment: Supply-chain resilience could improve: GM has established a purchasing facility of up to $4.5 billion with Procura Auto Parts to secure critical components during future disruptions. The move may support production continuity, though it also represents a significant financial commitment. General Motors Company spends $4.5 billion on chips
• Neutral Sentiment: Valuation signals are mixed: Despite a 170.8% three-year gain, one analysis estimates GM trades below its discounted-cash-flow value while market-based multiples suggest the shares may be expensive. This creates uncertainty about additional upside after the strong rally. General Motors stock may trade at a premium despite its run
• Neutral Sentiment: Future product strategy remains speculative: GM is reportedly considering a successor to the Chevrolet Volt as plug-in hybrid demand grows, but no confirmed launch details were provided. As Toyota RAV4 Plug-In Surges, GM Eyes a Chevy Volt Sequel
• Negative Sentiment: Canadian tariffs threaten margins: Proposed 50% tariffs on Canadian auto imports and parts could increase GM’s manufacturing costs, disrupt its North American supply chain and pressure vehicle profitability. Trump wants to protect U.S. auto makers
• Negative Sentiment: Brake-system investigation has expanded: NHTSA is examining eBoost electronic braking issues across more than 1.1 million GM vehicles after hundreds of reports, over 20 crashes or fires and at least six injuries. Potential recalls, repair costs, liability and reputational damage are key risks. Brake problems in GM EVs draw greater federal scrutiny

General Motors Stock Performance

Shares of GM stock opened at $85.84 on Wednesday. The business’s fifty day simple moving average is $82.14 and its 200-day simple moving average is $79.55. The company has a market cap of $75.32 billion, a PE ratio of 43.35, a PEG ratio of 0.40 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 Company has a 12-month low of $54.33 and a 12-month high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter last year, the firm earned $2.53 EPS. The business’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. Analysts expect that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Dividend Announcement

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

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.