Clear Harbor Asset Management LLC Acquires Shares of 15,275 General Motors Company $GM

23 Aug 2026, 06:06 by Renee Jackson · The Cerbat Gem

Clear Harbor Asset Management LLC bought a new position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,275 shares of the auto manufacturer’s stock, valued at approximately $1,177,000.

A number of other institutional investors have also modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of General Motors in the fourth quarter valued at approximately $25,000. Evergreen Advisors LLC bought a new position in General Motors in the first quarter worth approximately $26,000. SouthState Bank Corp increased its holdings in General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors purchased a new position in General Motors during the 3rd quarter worth $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in General Motors during the 4th quarter valued at $30,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other General Motors news, EVP Grant Michael Dixton sold 40,000 shares of General Motors stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares in the company, valued at $4,863,492.48. The trade was a 42.11% 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, President Mark L. Reuss sold 71,079 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president owned 92,293 shares of the company’s stock, valued at $8,303,601.21. This represents a 43.51% 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. Insiders have sold 1,241,401 shares of company stock worth $106,313,695 over the last ninety days. 0.44% of the stock is currently owned by company insiders.

Key Stories Impacting General Motors

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.

General Motors Stock Up 2.1%

General Motors stock opened at $87.98 on Friday. The business has a fifty day moving average of $82.01 and a two-hundred day moving average of $79.58. 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 firm has a market cap of $77.20 billion, a P/E ratio of 44.43, a P/E/G ratio of 0.40 and a beta of 1.30. General Motors Company has a twelve month low of $54.33 and a twelve month high of $91.85.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The business had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. During the same period last year, the business posted $2.53 EPS. The business’s revenue was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, analysts forecast that General Motors Company will post 13.29 earnings per share 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 given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. General Motors’s dividend payout ratio (DPR) is presently 36.36%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on GM shares. Wedbush reiterated an “outperform” rating and issued a $95.00 target price on shares of General Motors in a report on Monday, May 11th. Wells Fargo & Company raised their price target on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Evercore restated an “outperform” rating and issued a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 price objective on shares of General Motors in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group increased their target price on shares of General Motors from $91.00 to $103.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $101.41.

Read Our Latest Stock Analysis on General Motors

General Motors Profile

(Free Report)

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.