130,258 Shares in General Motors Company $GM Bought by German American Bancorp Inc.

Key Points

• German American Bancorp purchased 130,258 GM shares worth approximately $10.04 million, making General Motors its 28th-largest holding and about 0.8% of its portfolio. Institutional investors collectively own 92.67% of GM.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $101.41. Recent target increases from JPMorgan, Goldman Sachs and RBC followed GM’s quarterly earnings beat.
• GM reported quarterly EPS of $3.57 and revenue of $48.03 billion, exceeding estimates, but insiders sold more than 1.24 million shares worth $106.8 million over the past 90 days. The company is also balancing EV production restarts and battery-project retrenchment against trade and China-market risks.

German American Bancorp Inc. purchased a new stake in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 130,258 shares of the auto manufacturer's stock, valued at approximately $10,040,000. General Motors makes up about 0.8% of German American Bancorp Inc.'s investment portfolio, making the stock its 28th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of GM. Brighton Jones LLC increased its holdings in General Motors by 456.1% in the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock valued at $2,062,000 after buying an additional 31,755 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer's stock worth $913,000 after acquiring an additional 7,058 shares during the period. Baird Financial Group Inc. boosted its position in shares of General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer's stock worth $1,847,000 after acquiring an additional 1,706 shares in the last quarter. Jump Financial LLC increased its stake in shares of General Motors by 45.7% in the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer's stock valued at $1,248,000 after purchasing an additional 7,951 shares during the last quarter. Finally, AXA S.A. raised its holdings in shares of General Motors by 69.4% during the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer's stock worth $3,275,000 after buying an additional 27,270 shares in the last quarter. Institutional investors own 92.67% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of General Motors in a research note on Friday, July 17th. Royal Bank Of Canada boosted their target price on General Motors from $94.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. raised their price target on shares of General Motors from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. The Goldman Sachs Group lifted their price target on shares of General Motors from $91.00 to $103.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Finally, Mizuho dropped their price objective on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Wednesday, April 29th. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $101.41.

Insider Activity

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the transaction, the executive vice president directly owned 54,992 shares in the company, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the firm's stock in a transaction 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 transaction, the president directly owned 92,293 shares of the company's stock, valued at $8,303,601.21. The trade was a 43.51% decrease in their position. 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. Over the last ninety days, insiders sold 1,247,053 shares of company stock worth $106,763,425. Company insiders own 0.44% of the company's stock.

Key Stories Impacting General Motors

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

• Positive Sentiment: Ohio EV battery production is restarting. GM and LG Energy Solution plan to resume battery-cell production at their Ohio facility after a seven-month shutdown, bringing approximately 1,400 workers back. The restart could improve plant utilization and supports GM’s efforts to expand EV production, although it also suggests demand and capacity remain closely managed. Why Is General Motors Resuming EV Battery Production in Ohio?
• Positive Sentiment: Expectations for future earnings are improving. An analyst raised estimates for GM’s fiscal 2027 earnings, adding to the recent bullish narrative around stronger core operations, improving profitability, and growth in software and digital services. GM’s prior quarterly results also exceeded consensus estimates for revenue and EPS. FY2027 EPS Estimates for General Motors Raised by Analyst
• Neutral Sentiment: GM is stepping back from an Indiana battery project while preserving its Samsung SDI relationship. Exiting a planned joint venture valued at approximately $3.5 billion may reduce near-term capital commitments and reflect a more disciplined approach to EV capacity. However, the decision also highlights uncertainty about battery demand and the pace of EV adoption. GM Steps Back From Indiana Battery Project While Maintaining Samsung SDI Partnership
• Negative Sentiment: Potential changes to the North American trade agreement are a major risk. Detroit automakers are warning that proposed revisions could cost the industry billions and weaken competitiveness. Higher costs, disrupted supply chains, or reduced tariff benefits would pressure GM’s margins and vehicle pricing. Detroit automakers fear North American trade deal revamp could cost them billions
• Negative Sentiment: GM’s retreat from China reflects longer-term competitive and growth concerns. The U.S. automaker is reducing its exposure to China as local manufacturers expand and move closer to Western markets, limiting GM’s growth opportunities in the world’s largest auto market. American auto retreat from China accelerates

General Motors Price Performance

General Motors stock opened at $86.73 on Monday. The stock has a 50-day moving average price of $81.66 and a two-hundred day moving average price of $79.54. General Motors Company has a 12 month low of $54.33 and a 12 month high of $91.85. The company has a market capitalization of $76.10 billion, a PE ratio of 43.80, a P/E/G ratio of 0.40 and a beta of 1.30. 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 (NYSE:GM - Get Free Report) TSE: GMM.U last released its quarterly 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 company had revenue of $48.03 billion for the quarter, compared to analysts' expectations of $47.01 billion. During the same period in the previous year, the business posted $2.53 earnings per share. 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. Analysts expect that General Motors Company will post 13.29 EPS for the current year.

General Motors Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors's payout ratio is presently 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.

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