General Motors Company $GM Shares Bought by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual increased its GM stake by 19.1% in the second quarter, bringing its holdings to 96,801 shares valued at approximately $7.46 million. Institutional investors collectively own 92.67% of the company.
• GM exceeded quarterly expectations with earnings of $3.57 per share and revenue of $48.03 billion, while revenue rose 1.9% year over year. The company maintained fiscal 2026 EPS guidance of $12 to $14.
• Analysts remain broadly positive, giving GM a consensus “Moderate Buy” rating and an average price target of $101.41, while the company declared a quarterly dividend of $0.18 per share. Several insiders also sold shares under pre-arranged Rule 10b5-1 plans.

Northwestern Mutual Wealth Management Co. grew its stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 19.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,801 shares of the auto manufacturer's stock after purchasing an additional 15,491 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in General Motors were worth $7,461,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in General Motors in the second quarter worth $5,958,995,000. Norges Bank bought a new position in shares of General Motors during the fourth quarter worth about $918,724,000. Bank of America Corp DE bought a new position in shares of General Motors during the second quarter worth about $629,465,000. Legal & General Group Plc acquired a new stake in shares of General Motors in the 2nd quarter worth about $599,066,000. Finally, Bank of New York Mellon Corp bought a new stake in General Motors in the 2nd quarter valued at about $522,916,000. Institutional investors own 92.67% of the company's stock.

General Motors Price Performance

NYSE:GM opened at $84.84 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The business's 50-day moving average price is $82.90 and its 200 day moving average price is $79.74. General Motors Company has a 52-week low of $54.33 and a 52-week high of $91.85. The firm has a market cap of $74.45 billion, a P/E ratio of 42.85, a PEG ratio of 0.48 and a beta of 1.32.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating analysts' consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors's revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, sell-side analysts predict that General Motors Company will post 13.29 earnings per share 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. 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 (DPR) is presently 36.36%.

Insider Transactions at General Motors

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the company's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the transaction, the chief accounting officer owned 18,899 shares of the company's stock, valued at approximately $1,700,910. This represents a 26.73% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total value of $6,394,977.63. Following the sale, the president owned 92,293 shares of the company's stock, valued at $8,303,601.21. This trade represents a 43.51% 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 a total of 669,486 shares of company stock valued at $59,205,537 in the last 90 days. 0.44% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

GM has been the subject of several recent analyst reports. Morgan Stanley upped their target price on shares of General Motors from $100.00 to $101.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 22nd. Jefferies Financial Group raised General Motors from a "hold" rating to a "buy" rating and lifted their price target for the company from $90.00 to $99.00 in a report on Monday, July 27th. UBS Group reissued a "buy" rating on shares of General Motors in a report on Wednesday, June 10th. Tigress Financial raised their target price on General Motors from $92.00 to $130.00 and gave the company 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 research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $101.41.

Key General Motors News

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

• Positive Sentiment: GM and Unifor members ratified a new contract that includes improved wages and benefits, while GM plans approximately C$1.1 billion of investment in Canadian operations. The agreement reduces near-term strike risk and supports production continuity. Unifor secures GM deal ratification amid frayed trade relations
• Neutral Sentiment: GM President Mark Reuss is set to receive an Automotive Hall of Fame award, recognizing his contributions to the company and the broader auto industry. The honor may support management’s reputation but has limited direct earnings impact. GM President Mark Reuss To Receive Automotive Hall Of Fame Award
• Neutral Sentiment: GM is participating in a Lowe’s Foundation coalition aimed at training one million skilled-trades workers by 2035. The initiative could strengthen the company’s future labor pipeline, though it is not expected to materially affect near-term results. Lowe's Foundation Launches Nation's Largest Skilled Trades Coalition
• Negative Sentiment: New Canadian tariffs are expected to impose additional costs on vehicles GM manufactures in Canada, potentially pressuring margins, pricing, and demand. The tariff exposure is especially important because GM has significant North American cross-border production. Ford and GM Will Have to Pay Tariffs on Cars Made in Canada
• Negative Sentiment: Reports say GM’s U.S. EV-battery manufacturing footprint has dwindled to one location, raising concerns about the company’s domestic EV supply chain, production flexibility, and ability to compete with EV leaders. GM's U.S. footprint for EV batteries has dwindled to 1 location
• Negative Sentiment: A failed wireless software update reportedly left vehicles across seven SUV lines requiring manual dealer fixes before sale. The incident could increase repair costs, delay deliveries, and undermine confidence in GM’s software and connected-vehicle strategy. GM's wireless update failed so badly
• Negative Sentiment: GM’s rollout of camera recording in new vehicles could create privacy, consumer-acceptance, and regulatory risks, particularly if passengers are recorded without clear consent. With over-the-air update, GM launches camera recording to new vehicles

About General Motors

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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