PFG Investments LLC Has $2.44 Million Position in General Motors Company $GM

PFG Investments LLC decreased its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 28.7% during the 2nd quarter, Holdings Channel reports. The firm owned 31,689 shares of the auto manufacturer’s stock after selling 12,755 shares during the quarter. PFG Investments LLC’s holdings in General Motors were worth $2,443,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GM. Norges Bank acquired a new position in General Motors in the fourth quarter valued at about $918,724,000. Viking Global Investors LP grew its stake in General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new stake in shares of General Motors during the fourth quarter worth approximately $309,380,000. Two Sigma Investments LP raised its stake in shares of General Motors by 348.4% in the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after acquiring an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB bought a new position in shares of General Motors in the first quarter valued at approximately $171,892,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

More General Motors News

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

• Positive Sentiment: An analyst raised fiscal 2027 EPS estimates for GM, signaling greater confidence in the automaker’s future profitability. FY2027 EPS Estimates for General Motors Raised by Analyst
• Positive Sentiment: Battery-cell production at GM and LG Energy Solution’s Ohio plant is scheduled to restart after a seven-month shutdown. The restart could improve capacity utilization and support GM’s electric-vehicle supply chain. Battery cell production at Ohio plant to restart for GM EVs
• Positive Sentiment: GM’s $4.5 billion supplier prepayment and parts-security facility is intended to ensure access to critical components and reduce the risk of production disruptions. GM sets up $4.5 billion supply chain prepayment facility

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 price target on shares of General Motors in a research report on Wednesday, July 22nd. UBS Group reissued a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Morgan Stanley raised their target price on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Finally, TD Cowen upped their price target on shares of General Motors from $126.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $101.41.

Insider Buying and Selling at General Motors

In related news, CEO Mary T. Barra sold 318,448 shares of the business’s stock in a transaction that occurred on 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 directly 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 filing with the SEC, 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 business’s stock in a transaction that occurred on 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 sale, the executive vice president directly 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 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. In the last 90 days, insiders have 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 Down 0.5%

NYSE:GM opened at $86.29 on Friday. The stock’s fifty day moving average price is $81.56 and its two-hundred day moving average price is $79.48. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The company has a market cap of $75.72 billion, a price-to-earnings ratio of 43.58, a P/E/G ratio of 0.40 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 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the firm earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts anticipate that General Motors Company will post 13.29 EPS for the current year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders 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 yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s 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.