AXQ Capital LP Sells 16,699 Shares of General Motors Company $GM

Key Points

• AXQ Capital LP cut its General Motors stake by 60% in the second quarter, selling 16,699 shares and retaining 11,146 shares valued at approximately $859,000. Institutional investors collectively own 92.67% of GM.
• GM reported quarterly earnings of $3.57 per share versus the $3.19 consensus estimate, while revenue reached $48.03 billion, up 1.9% year over year. The company maintained fiscal 2026 EPS guidance of $12.00–$14.00.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $101.41, compared with a recent share price of $87.71. GM also declared a quarterly dividend of $0.18 per share, while insiders sold substantial shares under pre-arranged trading plans.

AXQ Capital LP reduced its holdings in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 60.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,146 shares of the auto manufacturer's stock after selling 16,699 shares during the quarter. AXQ Capital LP's holdings in General Motors were worth $859,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. SouthState Bank Corp increased its stake in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer's stock valued at $29,000 after buying an additional 177 shares during the period. Evergreen Advisors LLC bought a new stake in General Motors during the 1st quarter worth about $26,000. Kemnay Advisory Services Inc. acquired a new position in General Motors during the 4th quarter valued at about $30,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of General Motors in the 4th quarter valued at about $33,000. Finally, Burk Holdings LLC acquired a new stake in General Motors during the 2nd quarter worth $31,000. 92.67% of the stock is currently owned by institutional investors.

General Motors Stock Down 0.1%

GM stock opened at $87.71 on Monday. 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 fifty-two week low of $54.33 and a fifty-two week high of $91.85. The stock has a market capitalization of $76.96 billion, a P/E ratio of 44.30, a P/E/G ratio of 0.50 and a beta of 1.32. The business has a 50-day moving average of $83.26 and a 200-day moving average of $79.83.

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 EPS for the quarter, topping 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 business had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. During the same quarter in the previous year, the firm posted $2.53 earnings per share. The firm's revenue for the quarter was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts anticipate that General Motors Company will post 13.29 earnings per share 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. Investors of record on Friday, September 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors's dividend payout ratio is 36.36%.

Analyst Ratings Changes

A number of equities research analysts recently commented on GM shares. Benchmark reaffirmed a "buy" rating on shares of General Motors in a research note on Tuesday, July 21st. Royal Bank Of Canada lifted their price objective on shares of General Motors from $94.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Barclays boosted their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Tigress Financial boosted their price target on shares of General Motors from $92.00 to $130.00 and gave the company a "strong-buy" rating in a report on Tuesday, July 28th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of General Motors in a research report on Friday, July 17th. 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. According to data from MarketBeat, the stock presently 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, EVP Rory Harvey sold 8,882 shares of the company's stock in a transaction that occurred 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 approximately $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The transaction 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, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total value of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares in the company, valued at approximately $38,772,477.72. This trade represents a 42.61% 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 669,486 shares of company stock worth $59,205,537. 0.44% of the stock is currently owned by corporate insiders.

More General Motors News

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

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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