The Manufacturers Life Insurance Company Invests $34.85 Million in General Motors Company $GM

Key Points

• The Manufacturers Life Insurance Company acquired 452,157 General Motors shares worth approximately $34.85 million, while institutional investors collectively own 92.67% of GM.
• GM exceeded quarterly expectations with $3.57 earnings per share and $48.03 billion in revenue, and reaffirmed fiscal 2026 guidance of $12–$14 EPS. The company also declared a quarterly dividend of $0.18 per share, implying a 0.8% yield.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $101.41 price target, though risks include regulatory scrutiny of braking systems, employment litigation and substantial insider selling.

The Manufacturers Life Insurance Company acquired a new position in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 452,157 shares of the auto manufacturer's stock, valued at approximately $34,852,000. The Manufacturers Life Insurance Company owned about 0.05% of General Motors at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of General Motors by 456.1% during the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer's stock worth $2,062,000 after purchasing an additional 31,755 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer's stock worth $913,000 after purchasing an additional 7,058 shares during the last quarter. Baird Financial Group Inc. boosted its stake in General Motors by 4.8% during the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer's stock worth $1,847,000 after purchasing an additional 1,706 shares during the last quarter. Jump Financial LLC grew its holdings in shares of General Motors by 45.7% during the second quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer's stock worth $1,248,000 after buying an additional 7,951 shares in the last quarter. Finally, AXA S.A. raised its position in shares of General Motors by 69.4% in the second quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer's stock valued at $3,275,000 after buying an additional 27,270 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors Price Performance

GM stock opened at $86.25 on Thursday. 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 company has a market capitalization of $75.68 billion, a PE ratio of 43.56, a P/E/G ratio of 0.39 and a beta of 1.30. General Motors Company has a 12-month low of $54.33 and a 12-month high of $91.85. The business's fifty day moving average price is $82.27 and its 200 day moving average price is $79.57.

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 for the quarter, beating analysts' consensus estimates of $3.19 by $0.38. The firm had revenue of $48.03 billion during the quarter, compared to analysts' expectations of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business's quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, sell-side analysts anticipate that General Motors Company will post 13.29 EPS for the current year.

General Motors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders 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 dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. General Motors's dividend payout ratio is currently 36.36%.

Key Stories Impacting General Motors

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

• Positive Sentiment: Reduced Canadian strike risk: GM and Unifor reached tentative three-year agreements covering more than 4,600 Ontario workers. If ratified on August 29–30, the deals should improve production continuity and provide greater visibility into near-term labor costs. How Investors Are Reacting To General Motors Reduced Strike Risk After Unifor Labor Deal
• Positive Sentiment: Strong operating setup: An analysis highlighted GM’s robust internal-combustion truck and SUV franchise, aggressive shareholder returns and long-term access to all Phase 1 output from the Thacker Pass lithium mine. The company’s latest quarter also exceeded expectations, with approximately $48 billion in revenue, $3.57 adjusted EPS and $5 billion in free cash flow. General Motors Great Setup Heading Into 2027
• Positive Sentiment: 2027 product updates: GM is making significant changes across several major Chevrolet and GMC models, including updates to its SUV lineup. Refreshing high-volume vehicles could help protect its market share and support pricing. GM Is Making Major Changes to Some of Its Biggest Models in 2027
• Neutral Sentiment: EV charging compatibility: GM’s 2027 EVs will adopt Tesla-style charging ports, but drivers may still need two adapters. The move improves access to charging infrastructure, though the adapter requirement could limit the customer experience. GM’s 2027 EVs Get Tesla-Style Ports but Still Need Two Adapters
• Negative Sentiment: Brake-system investigation: Federal regulators are examining potential braking problems in more than 1.1 million GM vehicles equipped with eBoost brake-by-wire systems. A recall, repair costs, litigation or reputational damage could weigh on earnings if regulators identify a defect. What Does General Motors Face in the 1.1 Million Vehicle Brake Probe?
• Negative Sentiment: Employment-related litigation: GM is facing an age-discrimination lawsuit challenging its white-collar performance-review system, creating potential legal costs and reputational risk. GM Sued Over White-Collar Review System

Insiders Place Their Bets

In related news, CEO Mary T. Barra sold 318,448 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 428,994 shares of the company's stock, valued at $38,772,477.72. This represents a 42.61% decrease in their ownership of the stock. The sale 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, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the sale, the chief accounting officer owned 18,899 shares in the company, valued at $1,700,910. This represents a 26.73% 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. In the last quarter, insiders have sold 692,486 shares of company stock worth $61,160,537. 0.44% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on GM. Citigroup boosted their price target on shares of General Motors from $108.00 to $131.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Mizuho cut their price objective on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating for the company in a report on Wednesday, April 29th. Tigress Financial raised their target price on shares of General Motors from $92.00 to $130.00 and gave the stock a "strong-buy" rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. boosted their target price on General Motors from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of General Motors in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $101.41.

About General Motors

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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