Partners Capital Investment Group LLP Makes New Investment in General Motors Company $GM

Key Points

• Partners Capital Investment Group LLP acquired 7,813 shares of General Motors, valued at approximately $367,000, indicating growing interest from institutional investors in the company.
• Recent insider transactions show significant sales, with CAO Christopher Hatto selling 36,804 shares and a 75.40% decrease in their position, raising concerns about insider confidence.
• Brokerages have varied opinions on GM, with Piper Sandler maintaining a "neutral" rating and a price target increase to $48.00, while JPMorgan raised theirs to $60.00, highlighting differences in analyst sentiment.

Partners Capital Investment Group LLP acquired a new stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,813 shares of the auto manufacturer's stock, valued at approximately $367,000.

Several other hedge funds also recently modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its holdings in shares of General Motors by 97.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,131,433 shares of the auto manufacturer's stock valued at $147,272,000 after acquiring an additional 1,541,581 shares in the last quarter. Candriam S.C.A. grew its stake in shares of General Motors by 21.0% in the first quarter. Candriam S.C.A. now owns 114,372 shares of the auto manufacturer's stock worth $5,379,000 after purchasing an additional 19,875 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of General Motors by 3.6% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 7,572 shares of the auto manufacturer's stock worth $356,000 after purchasing an additional 264 shares during the last quarter. Aspire Growth Partners LLC grew its stake in shares of General Motors by 20.7% in the first quarter. Aspire Growth Partners LLC now owns 11,505 shares of the auto manufacturer's stock worth $523,000 after purchasing an additional 1,974 shares during the last quarter. Finally, Venture Visionary Partners LLC grew its stake in shares of General Motors by 52.8% in the first quarter. Venture Visionary Partners LLC now owns 33,067 shares of the auto manufacturer's stock worth $1,555,000 after purchasing an additional 11,427 shares during the last quarter. Institutional investors and hedge funds own 92.67% of the company's stock.

General Motors Trading Up 3.2%

Shares of GM traded up $1.7930 during trading hours on Friday, hitting $58.3030. 6,313,781 shares of the stock were exchanged, compared to its average volume of 7,214,207. General Motors Company has a fifty-two week low of $41.60 and a fifty-two week high of $61.24. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.22 and a quick ratio of 1.05. The business has a 50-day moving average of $52.51 and a 200-day moving average of $49.21. The firm has a market capitalization of $55.51 billion, a P/E ratio of 9.25, a price-to-earnings-growth ratio of 1.23 and a beta of 1.36.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its quarterly earnings data on Tuesday, July 22nd. The auto manufacturer reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.01. The company had revenue of $47.12 billion during the quarter, compared to analyst estimates of $45.87 billion. General Motors had a net margin of 2.54% and a return on equity of 12.98%. General Motors's revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.06 EPS. General Motors has set its FY 2025 guidance at 8.250-10.000 EPS. On average, research analysts expect that General Motors Company will post 11.44 EPS for the current year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Friday, September 5th will be paid a $0.15 dividend. The ex-dividend date is Friday, September 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. General Motors's payout ratio is currently 9.52%.

Insider Buying and Selling at General Motors

In other news, CAO Christopher Hatto sold 36,804 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $55.10, for a total transaction of $2,027,900.40. Following the transaction, the chief accounting officer directly owned 12,007 shares of the company's stock, valued at $661,585.70. This represents a 75.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rory Harvey sold 23,977 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $53.01, for a total value of $1,271,020.77. Following the transaction, the executive vice president directly owned 8,513 shares in the company, valued at $451,274.13. The trade was a 73.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on GM shares. Piper Sandler reissued a "neutral" rating and issued a $48.00 price objective (up previously from $43.00) on shares of General Motors in a research note on Thursday, May 22nd. Benchmark started coverage on shares of General Motors in a research note on Monday, July 21st. They issued a "buy" rating and a $65.00 price objective on the stock. Sanford C. Bernstein set a $36.00 price objective on shares of General Motors in a research note on Monday, May 5th. Mizuho boosted their price objective on shares of General Motors from $53.00 to $58.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, BNP Paribas upgraded shares of General Motors to a "strong-buy" rating in a research report on Monday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, General Motors has a consensus rating of "Hold" and a consensus price target of $58.05.

About General Motors

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names.