Varma Mutual Pension Insurance Co Acquires New Position in General Motors Company $GM

Key Points

• Varma Mutual Pension Insurance Co. acquired 187,503 GM shares during the second quarter, valued at approximately $14.5 million. Institutional investors collectively own 92.67% of the automaker.
• GM reported stronger-than-expected quarterly results, earning $3.57 per share on $48.03 billion in revenue, while analysts maintain a “Moderate Buy” consensus rating and an average price target of $101.41.
• Regulatory and insider-selling risks remain. The NHTSA is investigating nearly 1 million GM pickups and SUVs over reported engine failures, while executives sold substantial shares under pre-arranged trading plans.

Varma Mutual Pension Insurance Co acquired a new stake in shares of General Motors Company (NYSE:GM - Free Report) TSE: GMM.U during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 187,503 shares of the auto manufacturer's stock, valued at approximately $14,453,000.

Several other large investors have also recently added to or reduced their stakes in GM. Laurel Wealth Advisors LLC bought a new stake in shares of General Motors during the 4th quarter valued at about $25,000. Evergreen Advisors LLC bought a new position in shares of General Motors during the first quarter worth about $26,000. SouthState Bank Corp lifted its position in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer's stock valued at $29,000 after purchasing an additional 177 shares during the last quarter. Kelleher Financial Advisors bought a new position in General Motors in the 3rd quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of General Motors during the fourth quarter worth approximately $30,000. 92.67% of the stock is currently owned by institutional investors.

General Motors News Roundup

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

• Positive Sentiment: Analysts lifted some earnings expectations. Zacks Research raised its Q4 2026 EPS forecast to $2.56 from $2.52, while another analyst reportedly boosted full-year FY2026 estimates. GM’s current consensus EPS forecast is $13.29. FY2026 EPS Estimates for General Motors Boosted by Analyst
• Positive Sentiment: GM continues to benefit from better-than-expected earnings. The automaker’s latest quarterly results exceeded both EPS and revenue estimates, with earnings of $3.57 per share on $48.03 billion in revenue. The stock has also gained since that report, supporting near-term investor momentum. General Motors Up Since Last Earnings Report
• Positive Sentiment: Valuation expectations improved. One analysis raised GM’s fair-value estimate from $94.81 to $100.04 per share following mixed reactions to its second-quarter results and guidance. General Motors Fair Value Rises
• Neutral Sentiment: GM is generating higher profits while selling fewer vehicles. That strategy contrasts with Toyota’s volume-focused approach, which is reportedly bringing the rival closer to GM’s long-standing U.S. sales leadership. The development highlights both GM’s improved profitability and potential longer-term market-share risk. GM and Toyota U.S. Auto Sales
• Negative Sentiment: NHTSA opened a probe covering nearly 1 million GM pickups and SUVs. Regulators are reviewing 997,743 vehicles after 499 complaints involving engine failures, including concerns that an earlier recall may not have resolved the problem. The investigation raises potential risks of additional recalls, repair costs, legal exposure and reputational damage. NHTSA Probe Into GM Vehicles
• Negative Sentiment: Longer-term earnings estimates remain mixed. Zacks Research lowered its Q1 2028 EPS forecast to $3.09 from $3.20, signaling some caution about GM’s future earnings trajectory despite the improved near-term estimate.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on GM shares. Barclays increased their price target on General Motors from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 22nd. Wall Street Zen upgraded General Motors from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Royal Bank Of Canada lifted their target price on General Motors from $94.00 to $100.00 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Evercore reaffirmed an "outperform" rating and issued a $100.00 price objective on shares of General Motors in a research note on Monday, May 4th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $102.00 target price on shares of General Motors in a report on Wednesday, April 29th. One research 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 issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $101.41.

Insider Activity

In other news, CEO Mary T. Barra sold 318,448 shares of General Motors stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the transaction, the chief executive officer directly owned 428,994 shares of the company's stock, valued at $38,772,477.72. This trade represents a 42.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the business's stock in a transaction that occurred 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 sale, the president owned 92,293 shares in the company, valued at $8,303,601.21. This represents a 43.51% 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 three months, insiders have sold 1,241,401 shares of company stock valued at $106,313,695. Corporate insiders own 0.44% of the company's stock.

General Motors Stock Up 0.1%

Shares of General Motors stock opened at $87.98 on Monday. General Motors Company has a 12-month low of $54.33 and a 12-month high of $91.85. The firm has a market capitalization of $77.20 billion, a PE ratio of 44.43, a price-to-earnings-growth ratio of 0.40 and a beta of 1.30. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The stock's fifty day moving average is $82.01 and its 200-day moving average is $79.54.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last released its quarterly earnings results 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 business had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.General Motors's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the company posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Equities analysts anticipate that General Motors Company will post 13.29 earnings per share for the current year.

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors's dividend payout ratio (DPR) 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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