SBI Okasan Asset Management Co.Ltd. Acquires New Holdings in General Motors Company $GM

Key Points

• SBI Okasan Asset Management opened a new position in General Motors, buying 43,500 shares worth about $3.61 million in the fourth quarter. GM now ranks as the firm’s 24th largest holding.
• General Motors posted a strong quarterly result, with EPS of $3.70 topping estimates and revenue of $43.62 billion slightly above expectations. The company also reaffirmed guidance, projecting FY 2026 EPS of 10.62 to 12.62.
• Recent insider activity may pressure sentiment: CEO Mary T. Barra and EVP Rory Harvey sold shares, with insiders selling a total of 538,548 shares over the last 90 days. Despite that, analysts remain generally positive, with GM carrying a Moderate Buy rating and an average target price of $94.65.

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 43,500 shares of the auto manufacturer's stock, valued at approximately $3,607,000. General Motors makes up about 0.2% of SBI Okasan Asset Management Co.Ltd.'s investment portfolio, making the stock its 24th largest position.

A number of other large investors have also made changes to their positions in GM. Laurel Wealth Advisors LLC acquired a new position in shares of General Motors during the fourth quarter worth $25,000. Elevation Wealth Partners LLC boosted its holdings in General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer's stock worth $27,000 after acquiring an additional 275 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in General Motors in the third quarter worth about $29,000. Founders Capital Management acquired a new stake in General Motors in the fourth quarter worth about $31,000. Finally, JPL Wealth Management LLC acquired a new stake in General Motors in the third quarter worth about $32,000. 92.67% of the stock is owned by institutional investors and hedge funds.

General Motors Price Performance

NYSE:GM opened at $84.38 on Friday. General Motors Company has a one year low of $46.81 and a one year high of $87.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The firm has a market cap of $76.08 billion, a price-to-earnings ratio of 34.03, a PEG ratio of 0.42 and a beta of 1.29. The firm's fifty day moving average is $76.73 and its two-hundred day moving average is $78.03.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm's revenue was down .9% on a year-over-year basis. During the same period in the prior year, the company earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts expect that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors's payout ratio is currently 29.03%.

Insider Activity

In related news, CEO Mary T. Barra sold 215,391 shares of General Motors stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total value of $17,233,433.91. Following the completion of the transaction, the chief executive officer owned 770,491 shares in the company, valued at $61,646,984.91. The trade was a 21.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88. Following the completion of the transaction, the executive vice president owned 46,519 shares of the company's stock, valued at approximately $3,862,007.38. This represents a 63.08% 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. In the last 90 days, insiders sold 538,548 shares of company stock valued at $44,241,546. 0.54% of the stock is owned by company insiders.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM approved Pinnacle Intelligence as a vendor for Business Development Center services, reinforcing its push to use AI-enabled tools in retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM received preliminary FDIC approval for an industrial bank charter could improve financing flexibility and support future captive-lending growth. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM also landed work tied to NASA’s lunar terrain vehicle program, highlighting its battery and propulsion technology beyond traditional auto sales. General Motors to make batteries for NASA's new manned moon rover
• Neutral Sentiment: GM recognized several suppliers in its annual awards, which is a constructive sign for operations but not likely a major stock driver by itself. Bridgestone Recognized as 2025 Supplier of the Year by General Motors
• Negative Sentiment: CEO Mary T. Barra sold a large amount of GM shares in multiple transactions, and EVP Rory Harvey also sold shares, which may weigh on sentiment even though the sales were planned. Mary T. Barra insider trade details

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GM shares. Deutsche Bank Aktiengesellschaft raised General Motors from a "hold" rating to a "buy" rating and raised their price target for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. Bank of America started coverage on General Motors in a report on Wednesday, March 4th. They issued a "buy" rating and a $105.00 price target for the company. Wall Street Zen upgraded shares of General Motors from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Mizuho lowered their price objective on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Wednesday, April 29th. Finally, Piper Sandler reiterated an "overweight" rating and set a $102.00 price objective on shares of General Motors in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $94.65.

General Motors Company 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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