NewEdge Advisors LLC Boosts Stock Position in General Motors Company $GM

NewEdge Advisors LLC grew its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 37.9% during the first quarter, Holdings Channel reports. The firm owned 65,884 shares of the auto manufacturer’s stock after acquiring an additional 18,091 shares during the period. NewEdge Advisors LLC’s holdings in General Motors were worth $4,908,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of GM. Cibc World Market Inc. lifted its position in General Motors by 57.2% during the fourth quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer’s stock valued at $16,318,000 after purchasing an additional 72,984 shares during the period. M&T Bank Corp raised its stake in shares of General Motors by 82.0% during the 4th quarter. M&T Bank Corp now owns 72,062 shares of the auto manufacturer’s stock valued at $5,860,000 after buying an additional 32,474 shares during the last quarter. Legacy Capital Group California Inc. lifted its holdings in shares of General Motors by 206.4% in the 4th quarter. Legacy Capital Group California Inc. now owns 21,004 shares of the auto manufacturer’s stock valued at $1,708,000 after buying an additional 14,150 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of General Motors by 16.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock valued at $15,062,000 after buying an additional 28,163 shares during the period. Finally, Leonteq Securities AG purchased a new stake in shares of General Motors in the fourth quarter worth about $17,753,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. TD Cowen raised their target price on General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Wedbush restated an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. Mizuho cut their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Tigress Financial boosted 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 note on Tuesday, July 28th. Finally, The Goldman Sachs Group increased their price target on shares of General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One 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 assigned a Sell rating to the company. According to MarketBeat, the company 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: GM is creating a parts-supply “safety net.” The automaker reached an agreement worth up to $4.5 billion with a third-party inventory-management company to secure critical components and reduce the risk of production disruptions. The move addresses vulnerabilities exposed by recent industry supply shocks and could improve manufacturing reliability. GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles
• Positive Sentiment: GM is exiting its Indiana battery joint venture with Samsung SDI. Samsung SDI will take full ownership of the planned $3.5 billion facility, which will now focus partly on energy-storage systems and other applications. For GM, the transaction reduces exposure to weaker-than-expected EV battery demand and frees capital, reinforcing its strategy of moderating EV investment. Samsung SDI takes full control of GM’s Indiana battery plant
• Positive Sentiment: Analyst earnings expectations remain favorable. Erste Group raised its fiscal 2027 EPS estimate for GM to $15.04 from $14.99, while GM’s recent quarterly results exceeded consensus estimates for both earnings and revenue. The company has also been highlighted among companies that raised guidance during the second-quarter earnings season.
• Neutral Sentiment: GM and EVgo are expanding fast-charging infrastructure. The companies opened a flagship charging site in the Detroit area and expect more than 100 additional stalls to be operational by the end of 2026. The expansion supports GM’s EV ecosystem, although the near-term financial contribution is uncertain. EVgo and GM Enhance the Charging Experience with New Flagship Sites
• Negative Sentiment: Labor negotiations could introduce risk. Canadian union Unifor has begun talks with GM following a Ford agreement. Potential wage or contract concessions may pressure costs, though no dispute or disruption has been reported.

Insider Activity at General Motors

In other news, CEO Mary T. Barra sold 318,448 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total transaction 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. The trade was a 42.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 dated Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the transaction, the executive vice president owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This trade represents a 63.08% 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. In the last three months, insiders sold 1,247,053 shares of company stock valued at $106,763,425. 0.44% of the stock is currently owned by company insiders.

General Motors Stock Performance

Shares of GM stock opened at $89.28 on Wednesday. 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 $53.95 and a 12-month high of $91.85. The business’s 50 day moving average is $81.40 and its two-hundred day moving average is $79.40. The company has a market capitalization of $78.34 billion, a P/E ratio of 45.09, a P/E/G ratio of 0.40 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last announced 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 business had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. During the same period in the prior year, the company posted $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 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders 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 dividend on an annualized basis and a yield of 0.8%. General Motors’s dividend payout ratio is currently 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.