AIA Group Ltd boosted its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 8.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 230,104 shares of the auto manufacturer’s stock after buying an additional 18,539 shares during the quarter. AIA Group Ltd’s holdings in General Motors were worth $17,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of General Motors during the 4th quarter worth $918,724,000. Viking Global Investors LP lifted its stake in General Motors by 81.1% in the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after purchasing an additional 5,830,050 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new stake in General Motors in the 4th quarter worth approximately $309,380,000. Two Sigma Investments LP boosted its holdings in General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after purchasing an additional 2,757,695 shares during the period. Finally, Worldquant Millennium Advisors LLC grew its position in shares of General Motors by 436.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock valued at $130,826,000 after purchasing an additional 2,163,274 shares in the last quarter. 92.67% of the stock is currently owned by institutional investors.
General Motors Trading Down 2.1%
Shares of GM opened at $76.08 on Friday. The firm’s 50-day moving average price is $78.83 and its 200-day moving average price is $78.91. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $68.60 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 0.38 and a beta of 1.31. General Motors Company has a 1-year low of $48.87 and a 1-year high of $87.62.
General Motors Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were paid 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 (DPR) is presently 29.03%.
Wall Street Analysts Forecast Growth
GM has been the topic of several research analyst reports. Royal Bank Of Canada decreased their price objective on shares of General Motors from $95.00 to $94.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. JPMorgan Chase & Co. upped their target price on General Motors from $98.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Piper Sandler reaffirmed an “overweight” rating and set a $102.00 target price on shares of General Motors in a report on Wednesday, April 29th. Citigroup lifted their target price 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. Finally, UBS Group reiterated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $97.27.
View Our Latest Analysis on GM
Insider Activity
In other news, CEO Mary T. Barra sold 215,391 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the completion of the transaction, the chief executive officer directly owned 770,491 shares of the company’s stock, valued at $61,646,984.91. The trade was a 21.85% decrease in their ownership of the stock. The transaction 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, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total transaction of $586,075.00. Following the transaction, the chief accounting officer owned 25,794 shares in the company, valued at $2,192,490. This represents a 21.09% 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. Over the last ninety days, insiders sold 697,388 shares of company stock worth $57,752,596. Insiders own 0.54% of the company’s stock.
More General Motors News
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
- Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
- Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
- Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
- Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
- Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.
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.
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