Proficio Capital Partners LLC Makes New $1.60 Million Investment in General Motors Company $GM

Proficio Capital Partners LLC acquired a new stake in General Motors Company (NYSE:GM) (TSE:GMM.U) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 20,786 shares of the auto manufacturer’s stock, valued at approximately $1,602,000.

A number of other large investors also recently modified their holdings of GM. Laurel Wealth Advisors LLC bought a new position in General Motors in the 4th quarter valued at $25,000. SouthState Bank Corp raised its position in shares of General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares during the last quarter. Evergreen Advisors LLC acquired a new position in shares of General Motors during the first quarter valued at $26,000. Kemnay Advisory Services Inc. bought a new position in General Motors in the fourth quarter valued at about $30,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in General Motors in the fourth quarter valued at about $33,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

More General Motors News

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

• Positive Sentiment: Reduced Canadian strike risk: GM and Unifor reached tentative three-year agreements covering more than 4,600 Ontario workers. If ratified on August 29–30, the deals should improve production continuity and provide greater visibility into near-term labor costs. How Investors Are Reacting To General Motors Reduced Strike Risk After Unifor Labor Deal
• Positive Sentiment: Strong operating setup: An analysis highlighted GM’s robust internal-combustion truck and SUV franchise, aggressive shareholder returns and long-term access to all Phase 1 output from the Thacker Pass lithium mine. The company’s latest quarter also exceeded expectations, with approximately $48 billion in revenue, $3.57 adjusted EPS and $5 billion in free cash flow. General Motors Great Setup Heading Into 2027
• Positive Sentiment: 2027 product updates: GM is making significant changes across several major Chevrolet and GMC models, including updates to its SUV lineup. Refreshing high-volume vehicles could help protect its market share and support pricing. GM Is Making Major Changes to Some of Its Biggest Models in 2027
• Neutral Sentiment: EV charging compatibility: GM’s 2027 EVs will adopt Tesla-style charging ports, but drivers may still need two adapters. The move improves access to charging infrastructure, though the adapter requirement could limit the customer experience. GM’s 2027 EVs Get Tesla-Style Ports but Still Need Two Adapters
• Negative Sentiment: Brake-system investigation: Federal regulators are examining potential braking problems in more than 1.1 million GM vehicles equipped with eBoost brake-by-wire systems. A recall, repair costs, litigation or reputational damage could weigh on earnings if regulators identify a defect. What Does General Motors Face in the 1.1 Million Vehicle Brake Probe?
• Negative Sentiment: Employment-related litigation: GM is facing an age-discrimination lawsuit challenging its white-collar performance-review system, creating potential legal costs and reputational risk. GM Sued Over White-Collar Review System

Insiders Place Their Bets

In related news, President Mark L. Reuss sold 71,079 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the sale, the president directly owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. This represents a 43.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the transaction, the chief accounting officer directly owned 18,899 shares in the company, valued at approximately $1,700,910. The trade was a 26.73% 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. Insiders sold 692,486 shares of company stock worth $61,160,537 in the last three months. 0.44% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on GM shares. Tigress Financial upped their target price on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada lifted their price target on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Morgan Stanley increased their price objective on shares of General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Citigroup raised their price objective on shares of General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Benchmark reaffirmed a “buy” rating on shares of General Motors in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, General Motors presently has an average rating of “Moderate Buy” and an average target price of $101.41.

General Motors Price Performance

Shares of GM stock opened at $86.25 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.14 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. The firm has a fifty day moving average of $82.27 and a 200-day moving average of $79.57. The firm has a market capitalization of $75.68 billion, a price-to-earnings ratio of 43.56, a price-to-earnings-growth ratio of 0.39 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last posted 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 return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. During the same period in the previous year, the company posted $2.53 earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities research analysts forecast that General Motors Company will post 13.29 earnings per share for the current 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 issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is 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.