Focus Partners Advisor Solutions LLC Has $2.43 Million Stake in General Motors Company $GM

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in General Motors by 42.6%, owning a total of 49,371 shares worth approximately $2.43 million as of the most recent reporting period.
• CEO Mary T. Barra sold 907,024 shares for over $52 million, which represents a 62.16% decrease in her ownership, while President Mark L. Reuss sold 260,600 shares, reducing his ownership by 72.67%.
• General Motors reported earnings of $2.80 per share for the recent quarter, exceeding expectations and setting a FY 2025 guidance between $9.75-$10.50 EPS.

Focus Partners Advisor Solutions LLC boosted its holdings in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 42.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,371 shares of the auto manufacturer's stock after purchasing an additional 14,742 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in General Motors were worth $2,430,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new stake in General Motors in the 2nd quarter worth about $25,000. GFG Capital LLC acquired a new position in shares of General Motors in the 2nd quarter valued at approximately $27,000. RMG Wealth Management LLC acquired a new position in shares of General Motors in the 2nd quarter valued at approximately $32,000. Costello Asset Management INC acquired a new position in shares of General Motors in the 1st quarter valued at approximately $32,000. Finally, WPG Advisers LLC acquired a new position in shares of General Motors in the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 92.67% of the company's stock.

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 907,024 shares of the firm's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $58.24, for a total value of $52,825,077.76. Following the transaction, the chief executive officer directly owned 552,238 shares of the company's stock, valued at approximately $32,162,341.12. This trade represents a 62.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Mark L. Reuss sold 260,600 shares of the firm's stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total transaction of $17,316,870.00. Following the completion of the transaction, the president directly owned 98,006 shares in the company, valued at $6,512,498.70. This trade represents a 72.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,335,424 shares of company stock worth $139,694,083 over the last quarter. 0.54% of the stock is currently owned by insiders.

General Motors Trading Up 4.1%

NYSE:GM opened at $69.60 on Friday. The firm's fifty day moving average is $59.08 and its 200-day moving average is $52.86. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.05 and a current ratio of 1.23. General Motors Company has a 52 week low of $41.60 and a 52 week high of $69.70. The firm has a market cap of $64.92 billion, a P/E ratio of 14.00, a P/E/G ratio of 1.35 and a beta of 1.33.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings data on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.48. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The company had revenue of $48.59 billion for the quarter, compared to analyst estimates of $44.60 billion. During the same period in the prior year, the firm posted $2.96 EPS. The company's quarterly revenue was down .3% on a year-over-year basis. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. Equities analysts expect that General Motors Company will post 11.44 earnings per share for the current year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Friday, December 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, December 5th. General Motors's payout ratio is presently 12.07%.

Analyst Ratings Changes

Several brokerages have recently commented on GM. Wedbush set a $75.00 target price on shares of General Motors and gave the company an "outperform" rating in a research report on Tuesday. Citigroup lifted their price target on shares of General Motors from $75.00 to $86.00 and gave the company a "buy" rating in a report on Thursday. CLSA raised shares of General Motors to a "moderate buy" rating in a report on Monday, July 7th. UBS Group boosted their target price on shares of General Motors from $81.00 to $85.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Piper Sandler set a $66.00 target price on shares of General Motors and gave the stock a "neutral" rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $70.00.

About General Motors

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.

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