General Motors Company $GM Shares Sold by Swiss National Bank

Swiss National Bank decreased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,609,100 shares of the auto manufacturer’s stock after selling 162,300 shares during the quarter. Swiss National Bank’s holdings in General Motors were worth $212,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GM. Tsfg LLC raised its holdings in General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after acquiring an additional 120 shares during the last quarter. Bogart Wealth LLC raised its holdings in General Motors by 15.6% in the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after acquiring an additional 122 shares during the last quarter. PDS Planning Inc raised its position in shares of 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 buying an additional 131 shares during the period. Waddell & Associates LLC raised its position in shares of General Motors by 1.3% in the 4th quarter. Waddell & Associates LLC now owns 10,737 shares of the auto manufacturer’s stock worth $873,000 after buying an additional 137 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in shares of General Motors by 0.9% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 15,043 shares of the auto manufacturer’s stock worth $1,223,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: GM unveiled new battery and energy-storage initiatives, including a partnership with Peak Energy and a push into sodium-ion and grid-storage technology, which could open new revenue streams. GM battery technology article
• Positive Sentiment: GM is also expanding vehicle-to-grid capabilities, allowing some EV owners to sell power back to the grid, reinforcing the company’s position in the energy ecosystem. GM vehicle-to-grid article
• Positive Sentiment: Analysts at Erste Group Bank nudged higher their earnings estimates for GM, which can support sentiment by signaling stronger profit expectations. GM analyst estimate update
• Neutral Sentiment: CEO Mary Barra sold shares in a pre-arranged Rule 10b5-1 plan; while routine, insider selling can create some caution among investors. Barra Form 4 filing
• Negative Sentiment: GM also faced headlines about a dealer lawsuit, criticism of oversized trucks, and political scrutiny over right-to-repair issues, which may weigh on sentiment even if they are less immediate than the battery news. GM dealer lawsuit article

General Motors Stock Up 1.9%

NYSE GM opened at $80.92 on Friday. The stock has a market cap of $72.96 billion, a PE ratio of 32.63, a P/E/G ratio of 0.40 and a beta of 1.30. General Motors Company has a fifty-two week low of $47.63 and a fifty-two week high of $87.62. The business has a 50 day moving average price of $78.30 and a two-hundred day moving average price of $78.90. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, sell-side analysts predict that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GM. Deutsche Bank Aktiengesellschaft raised 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 report on Tuesday, April 14th. Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company increased their target price on General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 29th. Barclays cut their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $102.00 target price on shares of General Motors in a research report on Wednesday, April 29th. One 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.65.

Insiders Place Their Bets

In other news, CEO Mary T. Barra sold 215,391 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This trade represents a 21.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. This represents a 21.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 598,149 shares of company stock worth $49,307,358 in the last 90 days. 0.54% of the stock is owned by company insiders.

General Motors Company 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.