Man Group plc Buys Shares of 2,883,679 General Motors Company $GM

Man Group plc bought 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 and Exchange Commission (SEC). The fund bought 2,883,679 shares of the auto manufacturer’s stock, valued at approximately $222,274,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Invst LLC acquired a new stake in shares of General Motors in the second quarter valued at approximately $1,044,000. Polar Asset Management Partners Inc. acquired a new position in shares of General Motors during the 2nd quarter worth approximately $9,612,000. Jupiter Topco LLC acquired a new position in shares of General Motors during the 2nd quarter worth approximately $26,331,000. EFG International AG purchased a new stake in General Motors in the 2nd quarter valued at approximately $46,000. Finally, Ancora Advisors LLC purchased a new stake in General Motors in the 2nd quarter valued at approximately $582,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Insiders Place Their Bets

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This trade represents a 42.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction dated 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 sale, the chief executive officer owned 428,994 shares of the company’s stock, 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. Over the last three months, insiders have sold 843,459 shares of company stock valued at $73,997,017. 0.44% of the stock is owned by corporate insiders.

General Motors Stock Down 1.3%

GM stock opened at $85.84 on Wednesday. The company has a 50 day moving average price of $82.14 and a two-hundred day moving average price of $79.55. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The stock has a market capitalization of $75.32 billion, a P/E ratio of 43.35, a PEG ratio of 0.40 and a beta of 1.30. General Motors Company has a one year low of $54.33 and a one year high of $91.85.

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 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 company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. During the same quarter in the prior year, the company posted $2.53 EPS. The business’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. As a group, sell-side analysts expect that General Motors Company will post 13.29 EPS for the current year.

General Motors Announces Dividend

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

Trending Headlines about General Motors

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

Analyst Ratings Changes

GM has been the topic of a number of analyst reports. Royal Bank Of Canada raised their price target on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group upgraded General Motors from a “hold” rating to a “buy” rating and upped their price objective for the company from $90.00 to $99.00 in a research report on Monday, July 27th. Wells Fargo & Company lifted their price objective on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group boosted their target price on shares of General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.41.

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.