Amundi Acquires 198,859 Shares of General Motors Company $GM

Key Points

• Amundi increased its General Motors stake by 3.9% in the second quarter, purchasing 198,859 shares and bringing its holdings to 5.27 million shares valued at approximately $406.4 million. Institutional investors and hedge funds collectively own 92.67% of GM.
• GM reported quarterly earnings of $3.57 per share, beating estimates of $3.19, while revenue rose 1.9% year over year to $48.03 billion. The company maintained its fiscal 2026 guidance of $12–$14 in EPS and declared a quarterly dividend of $0.18 per share.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $101.41. However, insiders sold 648,904 shares worth about $57.5 million over the past 90 days, including substantial sales by CEO Mary Barra.

Amundi raised its holdings in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,272,770 shares of the auto manufacturer's stock after buying an additional 198,859 shares during the quarter. Amundi owned about 0.60% of General Motors worth $406,425,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GM. Advus Financial Partners LLC increased its stake in General Motors by 5.1% during the second quarter. Advus Financial Partners LLC now owns 5,355 shares of the auto manufacturer's stock valued at $413,000 after acquiring an additional 261 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of General Motors in the 2nd quarter valued at $24,532,000. California State Teachers Retirement System raised its position in General Motors by 7,719.0% in the second quarter. California State Teachers Retirement System now owns 107,671,896 shares of the auto manufacturer's stock worth $8,299,350,000 after purchasing an additional 106,294,840 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in shares of General Motors by 162.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 11,269 shares of the auto manufacturer's stock worth $869,000 after buying an additional 6,974 shares in the last quarter. Finally, Wedmont Private Capital grew its position in General Motors by 3.0% in the second quarter. Wedmont Private Capital now owns 12,364 shares of the auto manufacturer's stock valued at $963,000 after acquiring an additional 358 shares during the period. 92.67% of the stock is currently owned by institutional investors and hedge funds.

General Motors Price Performance

Shares of GM stock opened at $87.71 on Tuesday. The firm's 50 day moving average price is $83.47 and its two-hundred day moving average price is $79.88. 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 52-week low of $54.33 and a 52-week high of $91.85. The stock has a market cap of $76.96 billion, a PE ratio of 44.30, a PEG ratio of 0.50 and a beta of 1.32.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued 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. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company 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 company posted $2.53 EPS. The business's revenue for the quarter 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. As a group, analysts forecast that General Motors Company will post 13.29 EPS for the current year.

General Motors Dividend Announcement

The business 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. The ex-dividend date is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. General Motors's dividend payout ratio (DPR) is 36.36%.

Insiders Place Their Bets

In related news, CEO Mary Barra sold 318,448 shares of General Motors 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 transaction, the chief executive officer owned 428,994 shares of the company's stock, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The transaction was disclosed in a legal filing 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 stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the sale, the chief accounting officer owned 18,899 shares in the company, valued at approximately $1,700,910. This trade represents a 26.73% 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 sold a total of 648,904 shares of company stock worth $57,456,067 over the last ninety days. Company insiders own 0.44% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on GM. Morgan Stanley upped their target price on shares of General Motors from $100.00 to $101.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. increased their target price on General Motors from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. The Goldman Sachs Group increased their price objective on shares of General Motors from $91.00 to $103.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Citigroup upped their target price on shares of General Motors from $108.00 to $131.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Finally, Wedbush reissued an "outperform" rating and set a $95.00 price target on shares of General Motors in a research note on Monday, May 11th. 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, the company has a consensus rating of "Moderate Buy" and a consensus target price of $101.41.

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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