General Motors Company $GM Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP trimmed its holdings in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 45.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 208,485 shares of the auto manufacturer's stock after selling 174,076 shares during the period. Corient Private Wealth LP's holdings in General Motors were worth $16,070,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GM. Cibc World Market Inc. grew its position in General Motors by 57.2% in the 4th quarter. Cibc World Market Inc. now owns 200,662 shares of the auto manufacturer's stock valued at $16,318,000 after buying an additional 72,984 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of General Motors during the 2nd quarter valued at $599,066,000. NEOS Investment Management LLC raised its stake in shares of General Motors by 8.8% in the 2nd quarter. NEOS Investment Management LLC now owns 146,561 shares of the auto manufacturer's stock worth $11,297,000 after buying an additional 11,901 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of General Motors by 16.2% in the first quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer's stock valued at $15,062,000 after buying an additional 28,163 shares during the period. Finally, Bank of Nova Scotia bought a new position in General Motors during the second quarter valued at about $63,428,000. Institutional investors own 92.67% of the company's stock.

Analysts Set New Price Targets

GM has been the topic of a number of research analyst reports. Jefferies Financial Group raised General Motors from a "hold" rating to a "buy" rating and lifted their target price for the stock from $90.00 to $99.00 in a report on Monday, July 27th. Citigroup raised their price objective on shares of General Motors from $108.00 to $131.00 and gave the company a "buy" rating in a research report on Monday, June 1st. Tigress Financial lifted their price objective on shares of General Motors from $92.00 to $130.00 and gave the stock a "strong-buy" rating in a research note on Tuesday, July 28th. UBS Group boosted their target price on shares of General Motors from $102.00 to $114.00 and gave the stock a "buy" rating in a report on Monday. Finally, Royal Bank Of Canada raised their target price on shares of General Motors from $94.00 to $100.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, General Motors currently has a consensus rating of "Moderate Buy" and an average target price of $101.82.

Insider Buying and Selling at General Motors

In other General Motors news, President Mark L. Reuss sold 71,079 shares of the business's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the transaction, the president owned 92,293 shares in the company, valued at $8,303,601.21. The trade was a 43.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $38,772,477.72. The trade was a 42.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 549,665 shares of company stock valued at $49,010,828 in the last 90 days. Corporate insiders own 0.44% of the company's stock.

Key Headlines Impacting General Motors

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

• Positive Sentiment: UBS upgraded GM to “strong buy” and raised its price target to $114 from $102. The firm said GM’s digital businesses—including recurring, potentially high-margin revenue from OnStar and Super Cruise—are undervalued growth assets. General Motors’ Digital Opportunity Underappreciated, UBS Says
• Positive Sentiment: GM unveiled a redesigned software experience for its 2027 Chevrolet Silverado and GMC Sierra pickups. The system is designed to make the native interface work alongside Apple CarPlay and Android Auto, addressing customer criticism of GM’s earlier decision to move away from smartphone-mirroring systems. GM Launching New Customer Software Experience
• Positive Sentiment: GM said it is targeting fully domestic battery-cell sourcing within two to three years and plans to use sodium-ion technology. The initiative could reduce exposure to Chinese supply chains and improve supply-chain resilience, although the financial benefits are longer term. GM Pursues Domestic Battery Supply Chain
• Neutral Sentiment: GM recently reported earnings above analyst expectations and maintained fiscal 2026 earnings guidance, providing fundamental support; however, no new earnings release appears to have driven the latest trading session.
• Negative Sentiment: The immediate catalyst for the decline is not clearly company-specific. GM’s larger move than the overall market indicates broad risk-off trading or profit-taking may have pressured the stock, potentially limiting the impact of the UBS upgrade and favorable product announcements. General Motors Registers a Bigger Fall Than the Market

General Motors Stock Down 2.1%

Shares of NYSE:GM opened at $85.30 on Wednesday. The firm has a 50 day simple moving average of $84.57 and a 200 day simple moving average of $80.05. General Motors Company has a 52 week low of $54.33 and a 52 week high of $91.85. 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 $74.85 billion, a PE ratio of 43.08, a price-to-earnings-growth ratio of 0.49 and a beta of 1.32.

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 (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.38. The company had revenue of $48.03 billion for 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%. The company's revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts expect that General Motors Company will post 13.32 earnings per share for the current year.

General Motors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors's dividend payout ratio is 36.36%.

About General Motors

General Motors Company NYSE: GM is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells cars, trucks and sport utility vehicles through its Chevrolet, Buick, GMC and Cadillac brands.

GM's product portfolio includes gasoline-powered and electric vehicles, full-size pickup trucks, commercial vehicles and luxury automobiles. The company is developing battery-electric and other advanced vehicle technologies, while also offering connected-vehicle services through its OnStar platform.

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