Groupe la Francaise Has $21.49 Million Stock Holdings in General Motors Company $GM

Key Points

• Groupe La Française reduced its GM stake by 16.7% in the second quarter, selling 55,813 shares and retaining 278,568 shares valued at approximately $21.49 million. Institutional investors collectively own 92.67% of General Motors.
• General Motors reported quarterly earnings of $3.57 per share, beating the $3.19 consensus estimate, while revenue of $48.03 billion also exceeded forecasts. Management issued fiscal 2026 EPS guidance of $12.00–$14.00.
• GM shares opened at $87.71, near their 12-month high, and analysts maintain a “Moderate Buy” consensus with an average price target of $101.41. The company also declared a quarterly dividend of $0.18 per share, yielding about 0.8%.

Groupe la Francaise lessened its holdings in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 16.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 278,568 shares of the auto manufacturer's stock after selling 55,813 shares during the quarter. Groupe la Francaise's holdings in General Motors were worth $21,487,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Evergreen Advisors LLC acquired a new stake in shares of General Motors in the first quarter worth $26,000. SouthState Bank Corp boosted its holdings in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer's stock valued at $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors acquired a new stake in General Motors in the 3rd quarter worth $29,000. Kemnay Advisory Services Inc. bought a new position in shares of General Motors during the 4th quarter worth about $30,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of General Motors during the second quarter valued at about $31,000. Institutional investors own 92.67% of the company's stock.

General Motors Price Performance

NYSE:GM opened at $87.71 on Monday. 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 firm has a market cap of $76.96 billion, a PE ratio of 44.30, a price-to-earnings-growth ratio of 0.50 and a beta of 1.32. General Motors Company has a 12 month low of $54.33 and a 12 month high of $91.85. The company's 50-day moving average price is $83.26 and its two-hundred day moving average price is $79.83.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings data 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. The company had revenue of $48.03 billion during the quarter, compared to analyst estimates 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 quarter last year, the business posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities analysts anticipate 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. Stockholders of record on Friday, September 4th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors's dividend payout ratio is presently 36.36%.

Insider Buying and Selling

In related news, EVP Rory Harvey sold 8,882 shares of General Motors stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the completion of the transaction, the executive vice president directly owned 28,513 shares of the company's stock, valued at $2,479,205.35. The trade was a 23.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Dixton sold 40,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was 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 in the company, valued at approximately $4,863,492.48. This represents a 42.11% 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 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.

Analyst Ratings Changes

GM has been the subject of several research reports. UBS Group reaffirmed a "buy" rating on shares of General Motors in a research report on Wednesday, June 10th. Jefferies Financial Group raised shares of General Motors from a "hold" rating to a "buy" rating and raised their price objective for the stock from $90.00 to $99.00 in a report on Monday, July 27th. Weiss Ratings reissued a "hold (c)" rating on shares of General Motors in a research note on Friday, July 17th. Tigress Financial raised their price target 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. Finally, Morgan Stanley increased their target price on General Motors from $100.00 to $101.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, General Motors has an average rating of "Moderate Buy" and an average price target of $101.41.

Key General Motors News

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

• Positive Sentiment: Momentum remains favorable: Zacks identified GM as a strong momentum stock, reflecting recent price strength and improving investor interest. GM’s latest quarterly results also exceeded analyst expectations for both earnings and revenue, while management’s fiscal 2026 earnings outlook remains supportive. Here's Why General Motors Is a Strong Momentum Stock
• Positive Sentiment: Canadian strike risk appears reduced: GM and Unifor reached a tentative agreement covering Canadian auto workers, potentially avoiding production disruptions and related labor costs if workers approve the deal. GM and Unifor Strike Tentative Deal
• Positive Sentiment: Industry seeks restrictions on Chinese vehicles: Major automakers, including GM’s industry group, urged Congress to ban Chinese vehicles from the U.S. market. Such legislation could reduce competitive pressure, although the outcome and timing remain uncertain. Automakers Urge Congress to Ban Chinese Cars
• Neutral Sentiment: New in-cabin camera capability: GM is enabling cameras to record passengers following an over-the-air update. The feature may support future safety or convenience functions, but its immediate financial impact is unclear. GM’s New In-Car Cameras Now Record Passengers
• Negative Sentiment: Recall response may pressure margins: GM is offering employee-level pricing to owners of vehicles affected by the 6.2-liter V8 recall, which could help retain customers but may increase discounts and recall-related costs. GM Offering Employee Pricing for Recalled Vehicles
• Negative Sentiment: Privacy and liability concerns: Passenger-recording functionality could prompt scrutiny over consent, data handling and privacy, potentially creating reputational or regulatory risks for GM. General Motors New In-Cabin Camera Technology

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.

Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM - Free Report) TSE: GMM.U.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source