AlphaGrep UK Ltd Purchases New Position in General Motors Company $GM

AlphaGrep UK Ltd acquired a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,001 shares of the auto manufacturer's stock, valued at approximately $925,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its stake in shares of General Motors by 456.1% in the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock worth $2,062,000 after acquiring an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of General Motors by 61.4% in the second quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer's stock valued at $913,000 after purchasing an additional 7,058 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in General Motors by 4.8% in the second quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer's stock valued at $1,847,000 after acquiring an additional 1,706 shares during the last quarter. Jump Financial LLC increased its position in General Motors by 45.7% in the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer's stock worth $1,248,000 after purchasing an additional 7,951 shares during the period. Finally, AXA S.A. raised its holdings in 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 purchasing an additional 27,270 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Grant Dixton sold 40,000 shares of General Motors stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares of the company's stock, valued at $4,863,492.48. The trade was a 42.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 value of $6,394,977.63. Following the transaction, the president owned 92,293 shares in the company, valued at approximately $8,303,601.21. This trade represents a 43.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 669,486 shares of company stock worth $59,205,537 over the last ninety days. 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: Momentum remains favorable: Zacks identified GM as a strong momentum stock, reflecting recent price strength and improving investor interest. GM’s latest quarterly results also exceeded analyst expectations for both earnings and revenue, while management’s fiscal 2026 earnings outlook remains supportive. Here's Why General Motors Is a Strong Momentum Stock
• Positive Sentiment: Canadian strike risk appears reduced: GM and Unifor reached a tentative agreement covering Canadian auto workers, potentially avoiding production disruptions and related labor costs if workers approve the deal. GM and Unifor Strike Tentative Deal
• Positive Sentiment: Industry seeks restrictions on Chinese vehicles: Major automakers, including GM’s industry group, urged Congress to ban Chinese vehicles from the U.S. market. Such legislation could reduce competitive pressure, although the outcome and timing remain uncertain. Automakers Urge Congress to Ban Chinese Cars
• Neutral Sentiment: New in-cabin camera capability: GM is enabling cameras to record passengers following an over-the-air update. The feature may support future safety or convenience functions, but its immediate financial impact is unclear. GM’s New In-Car Cameras Now Record Passengers
• Negative Sentiment: Recall response may pressure margins: GM is offering employee-level pricing to owners of vehicles affected by the 6.2-liter V8 recall, which could help retain customers but may increase discounts and recall-related costs. GM Offering Employee Pricing for Recalled Vehicles
• Negative Sentiment: Privacy and liability concerns: Passenger-recording functionality could prompt scrutiny over consent, data handling and privacy, potentially creating reputational or regulatory risks for GM. General Motors New In-Cabin Camera Technology

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GM. Weiss Ratings restated a "hold (c)" rating on shares of General Motors in a research report on Friday, July 17th. UBS Group reissued a "buy" rating on shares of General Motors in a research note on Wednesday, June 10th. Wells Fargo & Company raised their price objective on shares of General Motors from $60.00 to $61.00 and gave the company an "underweight" rating in a research note on Wednesday, July 22nd. Benchmark reaffirmed a "buy" rating on shares of General Motors in a report on Tuesday, July 21st. Finally, Wedbush reiterated an "outperform" rating and set a $95.00 target price on shares of General Motors in a research report on Monday, May 11th. 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $101.41.

General Motors Stock Up 0.6%

Shares of GM opened at $87.71 on Friday. The firm has a 50 day simple moving average of $83.26 and a two-hundred day simple moving average of $79.84. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97. General Motors Company has a one year low of $54.33 and a one year high of $91.85. The company has a market cap of $76.96 billion, a P/E ratio of 44.30, a P/E/G ratio of 0.49 and a beta of 1.32.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The firm's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Research analysts forecast that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Announces Dividend

The firm 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. The ex-dividend date is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors's dividend 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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