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Jefferies Financial Group Inc. Invests $14.54 Million in General Motors Company $GM

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Jefferies Financial Group Inc. bought a new stake in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 188,672 shares of the auto manufacturer's stock, valued at approximately $14,543,000.

A number of other large investors have also recently added to or reduced their stakes in GM. BlackRock Inc. bought a new position in General Motors during the second quarter worth about $5,958,995,000. Franklin Resources Inc. raised its stake in General Motors by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer's stock valued at $2,615,121,000 after buying an additional 835,645 shares during the period. Geode Capital Management LLC lifted its position in shares of General Motors by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer's stock valued at $1,802,668,000 after buying an additional 267,477 shares during the last quarter. Capital World Investors boosted its stake in shares of General Motors by 7.8% during the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer's stock worth $1,588,688,000 after acquiring an additional 1,405,530 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of General Motors by 5.5% during the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer's stock worth $868,986,000 after acquiring an additional 748,831 shares during the period. Institutional investors and hedge funds own 92.67% of the company's stock.

Analyst Ratings Changes

GM has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their price target on General Motors from $94.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price objective on shares of General Motors from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Barclays increased their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Wednesday, July 22nd. Morgan Stanley raised their target price on shares of General Motors from $100.00 to $101.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 22nd. Finally, The Goldman Sachs Group upped their price target on shares of General Motors from $91.00 to $103.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, General Motors has an average rating of "Moderate Buy" and a consensus price target of $101.41.

Check Out Our Latest Research Report on GM

General Motors Price Performance

Shares of NYSE:GM opened at $86.09 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. The stock has a market capitalization of $75.54 billion, a PE ratio of 43.48, a PEG ratio of 0.39 and a beta of 1.30. The firm has a 50 day moving average of $82.41 and a 200-day moving average of $79.59. General Motors Company has a 12 month low of $54.33 and a 12 month high of $91.85.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business had revenue of $48.03 billion for the quarter, compared to analysts' expectations of $47.01 billion. During the same period last year, the firm posted $2.53 earnings per share. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities research analysts predict that General Motors Company will post 13.29 EPS for the current fiscal year.

General Motors Dividend Announcement

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

More General Motors News

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

Insider Activity at General Motors

In other General Motors news, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.38, for a total value of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares in the company, valued at $38,772,477.72. The trade was a 42.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 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 directly owned 92,293 shares of the company's stock, valued at approximately $8,303,601.21. The trade was a 43.51% 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 have sold 669,486 shares of company stock worth $59,205,537 in the last three months. Insiders own 0.44% of the company's stock.

General Motors 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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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