PDT Partners LLC bought a new position in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 56,415 shares of the auto manufacturer’s stock, valued at approximately $4,348,000.
Several other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after buying an additional 31,755 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of General Motors by 61.4% during the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after buying an additional 7,058 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of General Motors by 4.8% during the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after buying an additional 1,706 shares in the last quarter. Jump Financial LLC boosted its position in shares of General Motors by 45.7% in the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock valued at $1,248,000 after acquiring an additional 7,951 shares during the period. Finally, AXA S.A. grew its stake in shares of General Motors by 69.4% in the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock valued at $3,275,000 after acquiring an additional 27,270 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.
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
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on General Motors
Insiders Place Their Bets
In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at approximately $38,772,477.72. The trade was a 42.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the transaction, the executive vice president directly owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This trade represents a 19.61% 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. In the last three months, insiders have sold 843,459 shares of company stock worth $73,997,017. Insiders own 0.44% of the company’s stock.
General Motors Stock Down 1.3%
Shares of GM opened at $85.84 on Wednesday. General Motors Company has a one year low of $54.33 and a one year high of $91.85. The company has a market cap of $75.32 billion, a P/E ratio of 43.35, 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. The firm has a 50 day simple moving average of $82.14 and a two-hundred day simple moving average of $79.55.
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. The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Research analysts forecast that General Motors Company will post 13.29 EPS for the current fiscal year.
General Motors Announces Dividend
The firm 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 (DPR) is 36.36%.
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.
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