47,412 Shares in General Motors Company $GM Acquired by Bellars Harris Wealth Management LLC

Bellars Harris Wealth Management LLC bought a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,412 shares of the auto manufacturer's stock, valued at approximately $3,655,000.

Several other large investors have also modified their holdings of the business. GSA Capital Partners LLP acquired a new stake in shares of General Motors during the 2nd quarter worth about $1,167,000. One Wealth Advisors LLC acquired a new position in General Motors in the second quarter valued at about $628,000. Family Legacy Inc. acquired a new position in General Motors in the second quarter valued at about $819,000. Maridea Wealth Management LLC purchased a new position in General Motors during the second quarter worth about $210,000. Finally, Bridgewater Advisors Inc. purchased a new position in General Motors during the second quarter worth about $251,000. Institutional investors and hedge funds own 92.67% 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 Trading Up 0.4%

NYSE GM opened at $86.73 on Friday. The firm has a 50 day simple moving average of $81.66 and a 200-day simple moving average of $79.53. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. General Motors Company has a one year low of $54.33 and a one year high of $91.85. The firm has a market cap of $76.10 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 0.40 and a beta of 1.30.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced its quarterly earnings data 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. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm had revenue of $48.03 billion during the quarter, compared to analysts' expectations of $47.01 billion. During the same quarter 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. Equities research analysts anticipate that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be paid 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 payout ratio is 36.36%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GM. Barclays boosted their price target on shares of General Motors from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. TD Cowen increased their price objective 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. Wedbush reiterated an "outperform" rating and issued a $95.00 target price on shares of General Motors in a report on Monday, May 11th. Evercore restated an "outperform" rating and set a $100.00 price target on shares of General Motors in a research note on Monday, May 4th. Finally, Tigress Financial raised their price target on General Motors from $92.00 to $130.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, July 28th. 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $101.41.

Insider Buying and Selling at General Motors

In other news, President Mark L. Reuss sold 71,079 shares of the company's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the sale, the executive vice president owned 46,519 shares in the company, valued at approximately $3,862,007.38. The trade was 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 three months, insiders have sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is currently owned by insiders.

General Motors 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.

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