Nykredit A S Acquires Shares of 351,390 General Motors Company $GM

Key Points

• Nykredit A/S acquired 351,390 GM shares worth approximately $27.1 million in the second quarter. Institutional investors and hedge funds collectively own 92.67% of General Motors.
• GM reported quarterly earnings of $3.57 per share, beating estimates of $3.19, while revenue rose 1.9% year over year to $48.03 billion. Shares recently traded at $87.25, up 2.8%, and analysts maintain a “Moderate Buy” consensus with an average $101.41 price target.
• General Motors declared a quarterly dividend of $0.18 per share, equivalent to $0.72 annually and a 0.8% yield. Several executives sold shares under pre-arranged trading plans, with insiders selling roughly $59.2 million of stock over the past quarter.

Nykredit A S acquired a new stake in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 351,390 shares of the auto manufacturer's stock, valued at approximately $27,085,000.

A number of other hedge funds also recently modified their holdings of GM. BlackRock Inc. acquired a new stake in General Motors during the second quarter worth approximately $5,958,995,000. Franklin Resources Inc. grew its position in shares of 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 purchasing an additional 835,645 shares during the last quarter. Geode Capital Management LLC grew 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 purchasing an additional 267,477 shares during the last quarter. Capital World Investors lifted its holdings in 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 purchasing an additional 1,405,530 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in 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 purchasing an additional 748,831 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company's stock.

General Motors Trading Up 2.8%

Shares of General Motors stock opened at $87.25 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. General Motors Company has a 12-month low of $54.33 and a 12-month high of $91.85. The company has a market capitalization of $76.56 billion, a price-to-earnings ratio of 44.07, a PEG ratio of 0.48 and a beta of 1.32. The firm's 50-day moving average price is $83.07 and its two-hundred day moving average price is $79.79.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last issued its earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.19 by $0.38. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $48.03 billion during the quarter, compared to analysts' expectations of $47.01 billion. During the same period in the previous year, the company earned $2.53 EPS. The business's revenue for the quarter 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, analysts forecast that General Motors Company will post 13.29 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors's payout ratio is currently 36.36%.

Wall Street Analysts Forecast Growth

GM has been the topic of a number of research reports. TD Cowen upped their price objective on General Motors from $126.00 to $132.00 and gave the company a "buy" rating in a 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 report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $100.00 price target on shares of General Motors in a research note on Wednesday, July 22nd. Citigroup increased their price target on General Motors from $108.00 to $131.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. raised their price objective on General Motors from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $101.41.

Insider Buying and Selling at General Motors

In other news, EVP Rory Harvey sold 8,882 shares of General Motors stock in a transaction on Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares in the company, valued at approximately $2,479,205.35. This trade represents a 23.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the business'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 directly owned 18,899 shares of the company's stock, valued at $1,700,910. This trade represents a 26.73% 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. Over the last quarter, insiders sold 669,486 shares of company stock valued at $59,205,537. 0.44% of the stock is currently owned by insiders.

General Motors News Summary

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

• Positive Sentiment: Canadian labor disruption was avoided: GM and Unifor reached a tentative agreement covering Canadian auto workers, and the deal was subsequently ratified. Avoiding a strike reduces the risk of production losses, supply-chain disruptions, and near-term revenue pressure. Unifor secures GM deal ratification amid frayed trade relations
• Positive Sentiment: Potential protection from Chinese competition: A major automaker trade group urged Congress to pass legislation barring Chinese vehicles from the U.S. market before year-end. Such restrictions could limit competitive pressure on GM in the U.S., though the outcome and timing remain uncertain. Automakers urge Congress to quickly pass law banning Chinese cars
• Neutral Sentiment: Recall support program: GM is offering employee pricing to owners of vehicles affected by the recall involving its 6.2-liter V8 L87 engine. The program may protect customer relationships and support sales, but it also highlights ongoing recall-related costs and quality concerns. GM Offering Employee Pricing for Owners of Recalled Vehicles
• Negative Sentiment: Canadian tariffs could pressure margins: New tariffs on vehicles made in Canada may increase GM’s production costs or force higher prices, potentially weakening demand and profitability. Ford and GM Will Have to Pay Tariffs on Cars Made in Canada
• Negative Sentiment: EV manufacturing concerns: Reports that GM’s U.S. EV-battery footprint has fallen to one location may raise questions about the pace and economics of its electrification strategy. GM's U.S. footprint for EV batteries has dwindled to 1 location

General Motors Profile

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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