Evolve Private Wealth LLC bought a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 136,238 shares of the auto manufacturer's stock, valued at approximately $10,501,000. General Motors accounts for approximately 0.6% of Evolve Private Wealth LLC's investment portfolio, making the stock its 22nd biggest holding.
A number of other large investors have also recently bought and sold shares of GM. BlackRock Inc. purchased a new position in General Motors during the 2nd quarter worth approximately $5,958,995,000. Franklin Resources Inc. boosted its holdings in shares of General Motors by 2.7% in the 4th quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer's stock valued at $2,615,121,000 after acquiring an additional 835,645 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of General Motors by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer's stock worth $1,802,668,000 after purchasing an additional 267,477 shares during the last quarter. Capital World Investors lifted its position in General Motors by 7.8% during the fourth quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer's stock valued at $1,588,688,000 after purchasing an additional 1,405,530 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in General Motors by 5.5% in the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer's stock valued at $868,986,000 after purchasing an additional 748,831 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company's stock.
General Motors News Summary
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.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on GM shares. Barclays lifted their price objective on General Motors from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. Wedbush reiterated an "outperform" rating and set a $95.00 price target on shares of General Motors in a research report on Monday, May 11th. Wells Fargo & Company boosted their price target on General Motors from $60.00 to $61.00 and gave the company an "underweight" rating in a report on Wednesday, July 22nd. Tigress Financial upped their price objective on General Motors from $92.00 to $130.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, July 28th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of General Motors in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $101.41.
Check Out Our Latest Stock Analysis on General Motors
General Motors Stock Performance
Shares of GM stock opened at $87.98 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. General Motors Company has a 12-month low of $54.33 and a 12-month high of $91.85. The business's 50 day moving average is $82.01 and its two-hundred day moving average is $79.58. The company has a market capitalization of $77.20 billion, a P/E ratio of 44.43, a P/E/G ratio of 0.40 and a beta of 1.30.
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, topping the consensus estimate of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. During the same period in the prior year, the company posted $2.53 EPS. The business's quarterly revenue was up 1.9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Analysts expect that General Motors Company will post 13.29 EPS for the current fiscal year.
General Motors Announces Dividend
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 dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors's payout ratio is 36.36%.
Insider Transactions at General Motors
In other news, CEO Mary T. Barra sold 318,448 shares of the 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 sale, the chief executive officer directly owned 428,994 shares in the company, valued at $38,772,477.72. This represents a 42.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the firm's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president directly owned 92,293 shares in the company, valued at approximately $8,303,601.21. This represents a 43.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,241,401 shares of company stock worth $106,313,695 over the last three months. 0.44% of the stock is owned by insiders.
General Motors Company Profile
(
Free Report)
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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