Bank of New York Mellon Corp Makes New $522.92 Million Investment in General Motors Company $GM

Bank of New York Mellon Corp bought a new stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,784,070 shares of the auto manufacturer's stock, valued at approximately $522,916,000. Bank of New York Mellon Corp owned about 0.77% of General Motors at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of GM. Focus Partners Advisor Solutions LLC bought a new stake in shares of General Motors during the 2nd quarter valued at $4,152,000. State of Wyoming bought a new position in General Motors in the 2nd quarter worth $922,000. Kelleher Financial Advisors purchased a new position in General Motors during the second quarter valued at $65,000. Bellars Harris Wealth Management LLC purchased a new position in General Motors during the second quarter valued at $3,655,000. Finally, GSA Capital Partners LLP bought a new stake in General Motors during the second quarter valued at about $1,167,000. 92.67% of the stock is owned by institutional investors.

General Motors Stock Up 2.1%

NYSE GM opened at $87.98 on Friday. 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 Company has a 52 week low of $54.33 and a 52 week high of $91.85. The firm has a market capitalization of $77.20 billion, a price-to-earnings ratio of 44.43, a PEG ratio of 0.39 and a beta of 1.30. The company has a fifty day moving average of $82.01 and a two-hundred day moving average of $79.58.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share 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 business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. During the same quarter in the prior year, the firm posted $2.53 earnings per share. The business'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, analysts predict that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Dividend Announcement

The company also recently disclosed 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 of this dividend is Friday, September 4th. This represents a $0.72 annualized dividend and a yield of 0.8%. General Motors's dividend payout ratio (DPR) is presently 36.36%.

Analyst Ratings Changes

A number of brokerages have commented on GM. Wedbush restated an "outperform" rating and issued a $95.00 price target on shares of General Motors in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $100.00 target price on shares of General Motors in a report on Wednesday, July 22nd. UBS Group restated a "buy" rating on shares of General Motors in a research note on Wednesday, June 10th. Piper Sandler reiterated an "overweight" rating and issued a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada increased 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. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $101.41.

Key Headlines Impacting General Motors

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

• Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
• Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
• Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
• Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
• Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
• Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.

Insiders Place Their Bets

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of the company's stock in a transaction 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 of the company's stock, valued at $38,772,477.72. This represents a 42.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the sale, the executive vice president owned 28,513 shares in the company, valued at approximately $2,479,205.35. The trade was a 23.75% decrease in their position. 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 1,241,401 shares of company stock valued at $106,313,695 over the last quarter. Corporate insiders own 0.44% of the company's stock.

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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