Danica Pension Livsforsikringsaktieselskab Invests $10.38 Million in General Motors Company $GM

Danica Pension Livsforsikringsaktieselskab purchased a new stake in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 134,736 shares of the auto manufacturer's stock, valued at approximately $10,385,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in General Motors by 456.1% during the 4th quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock worth $2,062,000 after purchasing an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of General Motors by 61.4% in the 2nd 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 during the last quarter. Baird Financial Group Inc. boosted its stake in shares of General Motors by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer's stock valued at $1,847,000 after purchasing an additional 1,706 shares during the last quarter. Jump Financial LLC grew its position in shares of General Motors by 45.7% during the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer's stock worth $1,248,000 after buying an additional 7,951 shares during the period. Finally, AXA S.A. raised its stake in shares of General Motors by 69.4% during the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer's stock worth $3,275,000 after buying an additional 27,270 shares during the last quarter. 92.67% of the stock is currently owned by institutional investors and hedge funds.

General Motors Stock Down 0.8%

NYSE:GM opened at $83.73 on Wednesday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The company has a market cap of $73.47 billion, a PE ratio of 42.29, a PEG ratio of 0.40 and a beta of 1.30. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85. The stock has a 50-day simple moving average of $81.67 and a 200 day simple moving average of $79.51.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released 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. The firm had revenue of $48.03 billion for the quarter, compared to analysts' expectations of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business's quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts expect that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors 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 0.9%. General Motors's dividend payout ratio is presently 36.36%.

Key General Motors News

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

• Positive Sentiment: GM has gained about 14% since its second-quarter earnings report, outperforming Ford. The comparison reflects investor confidence in GM’s stronger-than-expected results and improved outlook, including guidance for fiscal 2026 earnings of $12–$14 per share. GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
• Positive Sentiment: GM’s upcoming 2027 electric vehicles are expected to support Tesla’s charging standard without requiring a separate adapter, potentially improving customer convenience and the competitiveness of GM’s EV lineup. GM Says Its 2027 EVs Won't Need a Tesla Adapter
• Neutral Sentiment: GM’s relative performance versus other automakers remains a focus for investors following second-quarter earnings. The company’s results compare favorably with several peers, but the broader auto sector still faces uncertainty from tariffs, EV demand and changing consumer preferences. Automobile Manufacturing Stocks Q2 Teardown
• Negative Sentiment: GM asked to be removed as a partner from its LG Energy Solution battery plant in Lansing, Michigan, citing EV-demand considerations and strategic alignment. The move may reduce near-term capital exposure, but also highlights softer-than-expected EV demand and could limit battery-production scale. LG Energy Solution battery plant opens with customers other than GM
• Negative Sentiment: GM plans to eliminate 350 jobs at its Lansing Grand River plant in January 2027, signaling production adjustments and potentially weaker labor utilization. GM Laying Off 350 Workers At Lansing Grand River Plant
• Negative Sentiment: Contract negotiations with Unifor could be more contentious than Ford’s talks, creating a risk of higher labor costs, operational disruptions or a strike involving GM’s Canadian facilities. What Makes GM-Unifor Contract Talks More Contentious

Wall Street Analysts Forecast Growth

GM has been the topic of several analyst reports. Benchmark restated a "buy" rating on shares of General Motors in a report on Tuesday, July 21st. Evercore reiterated an "outperform" rating and set a $100.00 target price on shares of General Motors in a research report on Monday, May 4th. TD Cowen increased their price target on General Motors from $126.00 to $132.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. Weiss Ratings restated a "hold (c)" rating on shares of General Motors in a research report on Friday, July 17th. Finally, Wells Fargo & Company lifted their price objective on General Motors from $60.00 to $61.00 and gave the stock an "underweight" rating in a research note on Wednesday, July 22nd. One 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $101.41.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the sale, the executive vice president directly owned 54,992 shares of the company's stock, valued at $4,863,492.48. The trade was a 42.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 firm's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares of the company's stock, valued at $38,772,477.72. The trade was a 42.61% 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. Over the last ninety days, insiders have sold 1,247,053 shares of company stock worth $106,763,425. Company insiders own 0.44% of the company's stock.

General Motors Company 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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