Proficio Capital Partners LLC Acquires New Position in General Motors Company $GM

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

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of General Motors in the second quarter worth $5,958,995,000. Franklin Resources Inc. grew its holdings in shares of General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock valued at $2,615,121,000 after buying an additional 835,645 shares during the last quarter. Geode Capital Management LLC increased its position in shares of General Motors by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after acquiring an additional 267,477 shares during the period. Capital World Investors increased its position in shares of General Motors by 7.8% in the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after acquiring an additional 1,405,530 shares during the period. Finally, AQR Capital Management LLC raised its stake in General Motors by 5.5% in the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after acquiring an additional 748,831 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

General Motors News Roundup

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

• Positive Sentiment: Canadian investment secures future production. Unifor members ratified a three-year labor agreement covering improved wages and benefits, while GM pledged approximately C$1.1 billion to Canadian plants. The investment is expected to support new products, including a next-generation heavy-duty truck at the Ontario plant, improving production visibility and labor stability. GM Canadian workers approve deal
• Positive Sentiment: The Canadian agreement reduces the risk of a disruptive strike and provides a longer-term framework for GM’s North American truck production. However, investors must weigh the benefit against higher labor and launch costs. Unifor ratifies contract with GM
• Neutral Sentiment: GM joined the Lowe’s Foundation’s Building Futures Skilled Trades Coalition, which aims to train one million workers by 2035. The workforce initiative may support future hiring and skills development but has limited near-term earnings impact. Lowe’s skilled trades coalition
• Neutral Sentiment: Analysts note that GM’s Canadian pledge improves production visibility, while tariffs, elevated costs and new-model execution remain risks. GM continues to generate substantially more revenue than Tesla, but Tesla has posted stronger comparative growth momentum. GM Canadian investment analysis
• Negative Sentiment: GM is rolling out an over-the-air update that enables cabin-camera recording in some new vehicles. The feature could create privacy and regulatory concerns, potentially adding reputational risk. GM camera recording update
• Negative Sentiment: A failed wireless software update reportedly requires dealers to manually repair seven SUV models before sale, highlighting execution and quality-control problems that could delay deliveries and increase costs. GM wireless update failure
• Negative Sentiment: GM also faces pressure from Toyota’s expanding U.S. hybrid share and has yet to resolve reported transmission-shudder issues affecting GMC Sierra and Canyon vehicles. These developments could weigh on customer satisfaction, sales leadership and warranty costs. GM under pressure in U.S. auto market

Insider Buying and Selling at General Motors

In related news, EVP Rory Harvey sold 8,882 shares of General Motors stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the sale, the executive vice president directly owned 28,513 shares in the company, valued at approximately $2,479,205.35. The trade was a 23.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the sale, the chief accounting officer owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. This trade represents a 26.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 669,486 shares of company stock valued at $59,205,537. Corporate insiders own 0.44% of the company’s stock.

General Motors Trading Down 1.2%

NYSE GM opened at $85.32 on Wednesday. The company has a market capitalization of $74.86 billion, a PE ratio of 43.09, a P/E/G ratio of 0.49 and a beta of 1.32. The company has a fifty day moving average of $82.78 and a 200 day moving average of $79.71. General Motors Company has a 1 year low of $54.33 and a 1 year high of $91.85. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS 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 for the quarter, compared to analyst estimates of $47.01 billion. During the same quarter in the prior year, the firm posted $2.53 EPS. The business’s quarterly revenue 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. Research analysts forecast that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Dividend Announcement

The business 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 is Friday, September 4th. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. General Motors’s dividend payout ratio (DPR) is 36.36%.

Wall Street Analyst Weigh In

A number of brokerages have commented on GM. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and lifted their price target for the stock from $90.00 to $99.00 in a research report on Monday, July 27th. Benchmark restated a “buy” rating on shares of General Motors in a research note on Tuesday, July 21st. Citigroup raised their price objective on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of General Motors in a report on Monday, May 11th. Finally, The Goldman Sachs Group upped their target price on General Motors from $91.00 to $103.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, General Motors has an average rating of “Moderate Buy” and an average price target 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.