Wilsey Asset Management Inc. Purchases 12,617 Shares of General Motors Company $GM

Key Points

• Wilsey Asset Management increased its GM stake by 2.1%, purchasing 12,617 shares to hold 626,200 shares worth approximately $48.3 million. General Motors now represents about 7.1% of the firm’s portfolio.
• GM reported quarterly adjusted earnings of $3.57 per share on $48.03 billion in revenue, exceeding analyst estimates, while revenue increased 1.9% year over year. The company maintained 2026 EPS guidance of $12–$14.
• Analysts maintain a generally positive outlook, with GM carrying a “Moderate Buy” consensus rating and an average price target of $101.41. The company also declared a quarterly dividend of $0.18 per share, although recent insider selling totaled more than $106 million.

Wilsey Asset Management Inc. raised its holdings in General Motors Company (NYSE:GM - Free Report) TSE: GMM.U by 2.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 626,200 shares of the auto manufacturer's stock after acquiring an additional 12,617 shares during the quarter. General Motors accounts for about 7.1% of Wilsey Asset Management Inc.'s portfolio, making the stock its 3rd biggest holding. Wilsey Asset Management Inc. owned 0.07% of General Motors worth $48,268,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Franklin Resources Inc. grew its position in General Motors by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer's stock worth $2,615,121,000 after buying an additional 835,645 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of General Motors by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer's stock worth $1,802,668,000 after acquiring an additional 267,477 shares in the last quarter. Capital World Investors grew its holdings in shares of General Motors by 7.8% in the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer's stock worth $1,588,688,000 after acquiring an additional 1,405,530 shares during the last quarter. AQR Capital Management LLC raised its position in shares of General Motors by 5.5% during the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer's stock worth $868,986,000 after purchasing an additional 748,831 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of General Motors by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer's stock worth $1,059,668,000 after purchasing an additional 77,100 shares during the period. Institutional investors own 92.67% of the company's stock.

General Motors Stock Down 2.6%

GM stock opened at $86.86 on Friday. The firm has a market cap of $76.21 billion, a PE ratio of 43.87, a PEG ratio of 0.41 and a beta of 1.30. General Motors Company has a 1 year low of $52.54 and a 1 year high of $91.85. The company has a fifty day simple moving average of $81.06 and a 200 day simple moving average of $79.22. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.

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

General Motors Dividend Announcement

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

Insider Buying and Selling

In related news, President Mark L. Reuss sold 71,079 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total value of $6,394,977.63. Following the completion of the sale, the president directly owned 92,293 shares in the company, valued at approximately $8,303,601.21. The trade was a 43.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total value of $6,599,591.88. Following the sale, the executive vice president directly owned 46,519 shares of the company's stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,247,053 shares of company stock valued at $106,763,425 over the last 90 days. 0.44% of the stock is currently owned by insiders.

Key Stories Impacting General Motors

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

• Positive Sentiment: Analysts raise GM earnings forecasts. Zacks Research increased estimates across several periods, including FY2026 EPS to $12.85, FY2027 EPS to $13.36, and FY2028 EPS to $12.70. The revisions indicate improving expectations for GM’s profitability, although the FY2026 estimate remains below the broader $13.29 consensus. General Motors analyst estimates
• Positive Sentiment: EV charging infrastructure expands. GM, EVgo and Pilot Travel Centers’ fast-charging network has surpassed 300 locations and 1,300 stalls across 40 states, reaching approximately 75% of the contiguous U.S. This supports GM’s EV ecosystem and could improve customer adoption over time. GM charging network article
• Positive Sentiment: Supplier results provide a favorable industry read-through. BorgWarner, Garrett Motion and Magna each reported earnings beats, citing cost controls, productivity improvements and margin expansion. Their results suggest some auto-supply-chain companies are managing cost and operating pressures effectively, though the benefit to GM is indirect.
• Neutral Sentiment: GM extended its SAIC Motor joint venture through 2047. The renewed 50-50 partnership plans to focus on China-developed vehicles, at least 30 new-energy models by 2030, and domestic Buick and Cadillac sales, while exporting some China-built Chevrolet vehicles to non-U.S. markets. The agreement preserves GM’s strategic presence in China after restructuring, plant closures and model reductions. Reuters GM SAIC joint venture article
• Negative Sentiment: China remains a source of uncertainty. The long-term commitment requires GM to compete in a highly competitive Chinese market amid geopolitical tensions and ongoing restructuring costs. Investors may question whether the extended partnership will generate attractive returns.
• Negative Sentiment: Affordable EV competition is intensifying. Ford’s new Fathom electric pickup, starting at $28,350, highlights increasing price competition in an important vehicle segment and could pressure expectations for GM’s EV growth and margins.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Evercore reiterated an "outperform" rating and issued a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Jefferies Financial Group raised shares of General Motors from a "hold" rating to a "buy" rating and upped their price objective for the company from $90.00 to $99.00 in a research note on Monday, July 27th. Barclays lifted their target price on shares of General Motors from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 22nd. Piper Sandler restated an "overweight" rating and set a $102.00 price target on shares of General Motors in a report on Wednesday, April 29th. Finally, Mizuho reduced their price target on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating for the company in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average 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.

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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