PDT Partners LLC Takes Position in General Motors Company $GM

Key Points

• PDT Partners acquired 56,415 GM shares in the second quarter, valued at approximately $4.35 million. Institutional investors collectively own 92.67% of the automaker.
• GM reported quarterly earnings of $3.57 per share, exceeding the $3.19 consensus estimate, while revenue reached $48.03 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $101.41.
• Key risks include expanded federal scrutiny of braking systems affecting more than 1.1 million vehicles, potential Canadian tariffs, and recent insider selling totaling nearly $74 million over 90 days.

PDT Partners LLC acquired a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 56,415 shares of the auto manufacturer's stock, valued at approximately $4,348,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in General Motors during the 4th quarter worth about $25,000. Evergreen Advisors LLC bought a new position in shares of General Motors in the 1st quarter valued at about $26,000. SouthState Bank Corp increased its position in shares of General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer's stock valued at $29,000 after acquiring an additional 177 shares during the last quarter. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the third quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in General Motors during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 92.67% of the company's stock.

Insiders Place Their Bets

In other General Motors news, President Mark L. Reuss sold 71,079 shares of General Motors stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president directly owned 92,293 shares of the company's stock, valued at $8,303,601.21. The trade was a 43.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the transaction, the executive vice president owned 37,395 shares in the company, valued at approximately $3,177,453.15. This represents a 19.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 843,459 shares of company stock valued at $73,997,017 over the last 90 days. 0.44% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. UBS Group reissued a "buy" rating on shares of General Motors in a research report on Wednesday, June 10th. TD Cowen boosted their price target on General Motors from $126.00 to $132.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Wall Street Zen upgraded General Motors from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Wedbush reissued an "outperform" rating and issued a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $100.00 target price on shares of General Motors in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $101.41.

General Motors News Summary

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

• Positive Sentiment: Labor disruption risk has eased: GM and Unifor reached tentative agreements covering Canadian workers, reportedly including pay increases. The agreements could reduce the risk of a strike, although final details and ratification remain pending. GM, Unifor reach tentative agreements with pay hikes
• Positive Sentiment: Supply-chain resilience could improve: GM has established a purchasing facility of up to $4.5 billion with Procura Auto Parts to secure critical components during future disruptions. The move may support production continuity, though it also represents a significant financial commitment. General Motors Company spends $4.5 billion on chips
• Neutral Sentiment: Valuation signals are mixed: Despite a 170.8% three-year gain, one analysis estimates GM trades below its discounted-cash-flow value while market-based multiples suggest the shares may be expensive. This creates uncertainty about additional upside after the strong rally. General Motors stock may trade at a premium despite its run
• Neutral Sentiment: Future product strategy remains speculative: GM is reportedly considering a successor to the Chevrolet Volt as plug-in hybrid demand grows, but no confirmed launch details were provided. As Toyota RAV4 Plug-In Surges, GM Eyes a Chevy Volt Sequel
• Negative Sentiment: Canadian tariffs threaten margins: Proposed 50% tariffs on Canadian auto imports and parts could increase GM’s manufacturing costs, disrupt its North American supply chain and pressure vehicle profitability. Trump wants to protect U.S. auto makers
• Negative Sentiment: Brake-system investigation has expanded: NHTSA is examining eBoost electronic braking issues across more than 1.1 million GM vehicles after hundreds of reports, over 20 crashes or fires and at least six injuries. Potential recalls, repair costs, liability and reputational damage are key risks. Brake problems in GM EVs draw greater federal scrutiny

General Motors Trading Down 1.3%

Shares of NYSE:GM opened at $85.84 on Wednesday. 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 capitalization of $75.32 billion, a P/E ratio of 43.35, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. The company has a 50-day simple moving average of $82.14 and a 200 day simple moving average of $79.55.

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

General Motors Dividend Announcement

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

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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