Mission Wealth Management LP Acquires 10,044 Shares of General Motors Company $GM

Mission Wealth Management LP increased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 193.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,245 shares of the auto manufacturer’s stock after acquiring an additional 10,044 shares during the quarter. Mission Wealth Management LP’s holdings in General Motors were worth $1,175,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Norges Bank bought a new position in General Motors during the fourth quarter worth $918,724,000. Viking Global Investors LP raised its position in shares of 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 purchasing an additional 5,830,050 shares during the period. Life Cycle Investment Partners Ltd acquired a new stake in shares of General Motors during the 4th quarter worth about $309,380,000. Two Sigma Investments LP lifted its stake in shares of General Motors by 348.4% during the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after buying an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB bought a new stake in shares of General Motors during the 1st quarter worth about $171,892,000. Institutional investors own 92.67% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: GM is establishing a supply-chain prepayment facility of up to $4.5 billion with Procura Auto Parts. The arrangement is intended to provide suppliers with earlier access to cash and help GM secure critical components before potential disruptions, reducing the risk of production stoppages. GM inks deal to guard against future parts-supply shocks
• Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart next week following a seven-month shutdown. Restarting the facility could improve utilization of existing assets and support GM’s EV production plans, although the prolonged outage highlights still-soft EV demand. Battery cell production at Ohio plant to restart for GM EVs
• Positive Sentiment: GM and SAIC Motor extended their China joint venture through 2047 and plan to launch at least 30 new-energy vehicles by 2030. Greater use of China-developed technology could lower development costs and expand GM’s access to China’s EV engineering and supply-chain ecosystem. Will GM’s 20-Year SAIC China EV Pact Reshape General Motors’ Global Technology Narrative?
• Neutral Sentiment: Analysts at Erste Group modestly raised their FY2027 EPS forecast to $15.04 from $14.99, above the broader $13.29 consensus estimate. The revision offers incremental support but is unlikely to materially change the valuation narrative.
• Negative Sentiment: GM exited its Indiana battery joint venture with Samsung SDI, transferring its stake in the planned $3.5 billion facility to its partner. The move limits GM’s direct EV-battery exposure and reduces future capital commitments, but reinforces concerns that weaker EV demand is causing the automaker to scale back its electrification ambitions. Why Is General Motors Exiting Its Indiana Battery Joint Venture?

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of General Motors from a “hold” rating to a “buy” rating and raised their price objective for the stock from $90.00 to $99.00 in a research report on Monday, July 27th. Wells Fargo & Company lifted their price target on General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Mizuho decreased their price objective on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Tigress Financial lifted their target price on General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada upped their price target on shares of General Motors from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $101.41.

Insider Activity

In other news, President Mark L. Reuss sold 71,079 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. This represents a 42.61% 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. Over the last three months, insiders sold 1,247,053 shares of company stock valued at $106,763,425. Company insiders own 0.44% of the company’s stock.

General Motors Price Performance

General Motors stock opened at $86.87 on Thursday. The stock’s fifty day moving average price is $81.50 and its two-hundred day moving average price is $79.44. General Motors Company has a one year low of $54.16 and a one 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. The firm has a market cap of $76.22 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 0.41 and a beta of 1.30.

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

General Motors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a dividend of $0.18 per share. 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 is currently 36.36%.

General Motors Company 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.