322,106 Shares in General Motors Company $GM Bought by Nykredit A S

Key Points

• Nykredit A S purchased 322,106 GM shares in the second quarter, valued at approximately $24.8 million. Institutional investors collectively own 92.67% of the company.
• GM reported quarterly EPS of $3.57, beating estimates of $3.19, while revenue reached $48.03 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $101.82.
• GM faces mixed developments: its defense manufacturing agreement and truck-focused product strategy could support growth, but the company is recalling about 300,000 SUVs and insiders have sold roughly $49 million in stock over the past 90 days.

Nykredit A S purchased a new stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 322,106 shares of the auto manufacturer's stock, valued at approximately $24,828,000.

Several other institutional investors have also added to or reduced their stakes in GM. SouthState Bank Corp boosted its holdings in shares of General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer's stock worth $29,000 after purchasing an additional 177 shares during the period. Evergreen Advisors LLC bought a new position in General Motors during the 1st quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in General Motors in the 4th quarter worth approximately $33,000. Burk Holdings LLC purchased a new stake in General Motors in the 2nd quarter worth approximately $31,000. Finally, Basepoint Wealth LLC bought a new stake in shares of General Motors in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 92.67% of the company's stock.

Trending Headlines about General Motors

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

• Positive Sentiment: GM has begun producing housing components for Lockheed Martin’s Patriot missile interceptors and delivered its first batch just 22 days after signing the agreement. The defense work could diversify GM’s revenue base and benefit from the Pentagon’s effort to replenish missile inventories. GM is making parts for Patriot missiles now
• Positive Sentiment: GM joined Toyota and Ford in a coalition urging the Trump administration to maintain restrictions on Chinese automakers entering the U.S. market. Maintaining those barriers could reduce competitive pressure on domestic manufacturers. Automakers seek restrictions on Chinese carmakers
• Positive Sentiment: A UBS analyst reportedly raised GM’s price target, citing potentially underappreciated parts of the business. Separately, GM’s new V-8 engines and diesel option for 2027 Silverado and Sierra pickups could support its high-margin truck franchise as EV demand remains uneven. UBS raises General Motors target
• Neutral Sentiment: Automaker stocks reversed the prior session’s rally as the rotation trade unwound. Analysts noted there was no company-specific announcement explaining the sector-wide selling pressure. Automaker stocks reverse as rotation trade unwinds
• Negative Sentiment: GM is recalling approximately 300,000 SUVs over a rearview-camera issue, creating potential repair costs and added regulatory scrutiny. A dealer has also filed a $20 million lawsuit alleging discrimination, fraud and broken promises, though the financial impact remains uncertain.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GM shares. Barclays boosted their target price on General Motors from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. Morgan Stanley lifted their price target on shares of General Motors from $100.00 to $101.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Tigress Financial boosted their price objective on shares of General Motors from $92.00 to $130.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 28th. TD Cowen upped their price objective on shares of General Motors from $126.00 to $132.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. raised their target price on shares of General Motors from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $101.82.

Insider Transactions at General Motors

In other General Motors news, President Mark L. Reuss sold 71,079 shares of the company's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total value of $6,394,977.63. Following the sale, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. This represents a 43.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.00, for a total transaction of $620,550.00. Following the transaction, the chief accounting officer directly owned 18,899 shares of the company's stock, valued at $1,700,910. This represents a 26.73% 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 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is owned by insiders.

General Motors Stock Down 5.1%

Shares of NYSE:GM opened at $82.20 on Friday. The firm has a market capitalization of $72.13 billion, a P/E ratio of 41.52, a P/E/G ratio of 0.46 and a beta of 1.32. 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 stock has a 50 day moving average price of $85.02 and a 200-day moving average price of $80.15. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85.

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, beating the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm's revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities research analysts anticipate that General Motors Company will post 13.32 EPS for the current fiscal year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Friday, September 4th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors's dividend payout ratio is currently 36.36%.

General Motors Profile

General Motors Company NYSE: GM is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells cars, trucks and sport utility vehicles through its Chevrolet, Buick, GMC and Cadillac brands.

GM's product portfolio includes gasoline-powered and electric vehicles, full-size pickup trucks, commercial vehicles and luxury automobiles. The company is developing battery-electric and other advanced vehicle technologies, while also offering connected-vehicle services through its OnStar platform.

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