Chicago Partners Investment Group LLC Buys 7,160 Shares of General Motors Company $GM

Chicago Partners Investment Group LLC raised its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 37.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,423 shares of the auto manufacturer’s stock after acquiring an additional 7,160 shares during the period. Chicago Partners Investment Group LLC’s holdings in General Motors were worth $2,087,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tsfg LLC lifted its holdings in shares of General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock worth $182,000 after acquiring an additional 120 shares during the last quarter. Bogart Wealth LLC grew its holdings in General Motors by 15.6% during the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 122 shares during the last quarter. Sumitomo Life Insurance Co. grew its holdings in General Motors by 0.7% during the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after purchasing an additional 127 shares during the last quarter. PDS Planning Inc raised its position in General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after purchasing an additional 131 shares during the period. Finally, UMB Bank n.a. lifted its stake in General Motors by 2.0% in the fourth quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after purchasing an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Insider Transactions at General Motors

In other news, CEO Mary T. Barra sold 215,391 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the transaction, the chief executive officer owned 770,491 shares in the company, valued at approximately $61,646,984.91. This trade represents a 21.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible 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 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 sale, the executive vice president owned 46,519 shares of the company’s stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 697,388 shares of company stock valued at $57,752,596. 0.54% of the stock is currently owned by corporate insiders.

General Motors Stock Performance

Shares of NYSE:GM opened at $76.81 on Wednesday. The firm’s 50 day simple moving average is $78.92 and its 200-day simple moving average is $79.01. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a one year low of $48.87 and a one year high of $87.62. The firm has a market cap of $69.26 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 0.39 and a beta of 1.31.

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

General Motors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, June 5th. General Motors’s dividend payout ratio is currently 29.03%.

Analyst Ratings Changes

A number of research firms have recently commented on GM. Wedbush reaffirmed an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their price target on General Motors from $98.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, General Motors currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.27.

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.