140,281 Shares in General Motors Company $GM Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC purchased a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 140,281 shares of the auto manufacturer’s stock, valued at approximately $10,813,000.

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

Insider Transactions at General Motors

In related news, CEO Mary T. Barra sold 318,448 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was 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 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 through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the transaction, the executive vice president directly owned 46,519 shares in the company, valued at approximately $3,862,007.38. This represents a 63.08% 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. Insiders have sold a total of 1,247,053 shares of company stock worth $106,763,425 in the last ninety days. 0.44% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Benchmark restated a “buy” rating on shares of General Motors in a research note on Tuesday, July 21st. Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Piper Sandler reiterated an “overweight” rating and set a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Finally, TD Cowen upped their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $101.41.

Trending Headlines about General Motors

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

General Motors Price Performance

Shares of GM opened at $84.98 on Thursday. The company’s 50-day moving average is $81.78 and its 200-day moving average is $79.50. 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 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.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping the consensus estimate of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities analysts forecast that General Motors Company will post 13.29 EPS for the current year.

General Motors Dividend Announcement

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