Andra AP fonden Buys 29,500 Shares of General Motors Company $GM

Key Points

• Andra AP fonden increased its General Motors stake by 35.3% in the second quarter, buying 29,500 shares for a total holding of 113,073 shares valued at approximately $8.7 million.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $101.82; several firms recently raised their targets to between $100 and $130.
• GM exceeded quarterly earnings and revenue expectations, while its defense-contract expansion and battery-recycling initiative provide growth opportunities. However, recalls, lawsuits and recent insider selling pose potential risks.

Andra AP fonden lifted its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 35.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,073 shares of the auto manufacturer's stock after buying an additional 29,500 shares during the period. Andra AP fonden's holdings in General Motors were worth $8,716,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of General Motors in the 2nd quarter worth $5,958,995,000. Norges Bank bought a new position in shares of General Motors during the fourth quarter valued at about $918,724,000. Bank of America Corp DE bought a new position in shares of General Motors during the second quarter valued at about $629,465,000. Legal & General Group Plc purchased a new position in General Motors during the second quarter worth about $599,066,000. Finally, Bank of New York Mellon Corp purchased a new position in General Motors during the second quarter worth about $522,916,000. Institutional investors own 92.67% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Royal Bank Of Canada increased their price objective on shares of General Motors from $94.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. The Goldman Sachs Group boosted their target price on General Motors from $91.00 to $103.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. UBS Group upped their target price on General Motors from $102.00 to $114.00 and gave the company a "buy" rating in a report on Monday, September 14th. Tigress Financial increased their price target on General Motors from $92.00 to $130.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 28th. Finally, Barclays lifted their price target on General Motors from $105.00 to $110.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $101.82.

General Motors Stock Performance

NYSE:GM opened at $83.47 on Wednesday. The business's 50-day moving average price is $85.29 and its two-hundred day moving average price is $80.24. General Motors Company has a twelve month low of $54.33 and a twelve month high of $91.85. The stock has a market cap of $73.24 billion, a P/E ratio of 42.16, a PEG ratio of 0.47 and a beta of 1.32. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42.

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 EPS for the quarter, topping the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion during 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%.General Motors's revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities analysts predict that General Motors Company will post 13.32 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Friday, September 4th were issued 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 presently 36.36%.

Insider Transactions at General Motors

In related news, EVP Rory Harvey sold 8,882 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares of the company's stock, valued at $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Dixton sold 40,000 shares of the firm's stock in a transaction dated 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 sale, the executive vice president owned 54,992 shares in the company, valued at $4,863,492.48. The trade was a 42.11% 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 have sold 549,665 shares of company stock worth $49,010,828. Company insiders own 0.44% of the company's stock.

Key Headlines Impacting General Motors

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

• Positive Sentiment: The Pentagon expanded GM Defense’s contract to build lightweight troop carriers by nearly $700 million, bringing the contract’s total value to approximately $1 billion. The award strengthens GM’s higher-growth defense business and was reported as a key reason shares increased previously. GM Wins $700 Million Pentagon Contract
• Positive Sentiment: GM and Cirba Solutions are piloting a closed-loop battery-recycling program that uses critical minerals recovered from end-of-life batteries and manufacturing scrap in new GM EVs. The initiative could reduce raw-material costs, improve supply-chain resilience and support GM’s domestic EV strategy. Cirba Solutions and GM Battery Recycling Pilot
• Positive Sentiment: Analysts continue to highlight GM’s stronger earnings, cash flow and technology investments. The company recently exceeded quarterly EPS and revenue expectations, while its defense expansion and Lockheed Martin partnership add potential growth beyond traditional vehicle sales. Reasons to Hold General Motors Stock
• Neutral Sentiment: GM is retaining Apple CarPlay and Android Auto in some trucks while continuing to exclude them from future EVs. The strategy preserves control over in-vehicle software and potential recurring revenue, but risks frustrating customers and weakening EV appeal. GM Keeps CarPlay in Trucks
• Neutral Sentiment: GM is promoting new small-block and 8.3-liter “Mongoose” Duramax V8 engines for heavy-duty pickups. The products may support truck competitiveness and pricing power, though they also increase exposure to fuel-efficiency and emissions pressures. GM 8.3-Liter Duramax Diesel
• Negative Sentiment: Reports of a class-action lawsuit alleging GM concealed serious truck defects, a separate transmission lawsuit, and a recall involving more than 306,000 vehicles raise potential warranty, legal and reputational costs. GM Recalls More Than 306,000 Vehicles

General Motors Company 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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