Moran Wealth Management LLC Sells 20,062 Shares of General Motors Company $GM

Moran Wealth Management LLC lowered its position in General Motors Company (NYSE:GM) (TSE:GMM.U) by 20.4% during the first quarter, Holdings Channel reports. The firm owned 78,105 shares of the auto manufacturer’s stock after selling 20,062 shares during the period. Moran Wealth Management LLC’s holdings in General Motors were worth $5,819,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of General Motors during the fourth quarter worth $25,000. Elevation Wealth Partners LLC lifted its holdings in General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 275 shares during the period. SouthState Bank Corp lifted its holdings in General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 177 shares during the period. Kemnay Advisory Services Inc. bought a new stake in General Motors during the fourth quarter valued at $30,000. Finally, Founders Capital Management bought a new stake in General Motors during the fourth quarter valued at $31,000. 92.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, 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 transaction of $6,599,591.88. Following the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The sale 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, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer owned 25,794 shares in the company, valued at approximately $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. Over the last quarter, insiders have sold 697,388 shares of company stock worth $57,752,596. Corporate insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wolfe Research raised General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price objective for the company in a research report on Wednesday, March 25th. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup raised their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. UBS Group reiterated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Finally, Wells Fargo & Company boosted their price target on General Motors from $59.00 to $60.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.70.

More General Motors News

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

• Positive Sentiment: GM signed a long-term chip supply agreement with Micron, and the companies will continue working together on memory and storage technologies. That should support GM’s supply-chain resilience and is a positive sign for production planning. General Motors signs chip supply agreement with Micron
• Positive Sentiment: GM was reported as Canada’s best-selling automaker through the first half of 2026, with strong deliveries across Chevrolet, Buick, GMC and Cadillac. This suggests solid demand in a key market. GM is the Sales Leader in Canada Through First Half of 2026
• Positive Sentiment: Zacks highlighted a hammer chart pattern and improving earnings estimate revisions, which technicians may view as a sign GM could be near a bottom after recent weakness. General Motors (GM) May Find a Bottom Soon, Here’s Why You Should Buy the Stock Now
• Neutral Sentiment: GM drew heavy investor attention on Zacks, but the item was mainly a watchlist/visibility note rather than a fundamental catalyst. Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
• Neutral Sentiment: GM dealer inventory fell 1% in Q2, which suggests supply is still being managed tightly, but the headline alone does not clearly indicate a major earnings impact. GM Dealer Inventory Down 1 Percent In Q2 2026
• Negative Sentiment: GM faces fresh recall-related headlines, including more than 14,000 vehicles recalled and warnings to owners not to drive certain models because wheels can lock up unexpectedly. Recalls can pressure sentiment and raise costs. GM recalls over 14K vehicles. See affected models GM told owners not to drive certain vehicles whose wheels can lock up without warning
• Negative Sentiment: Zacks also noted GM’s Q2 sales declined 4% year over year, with EV demand weakness, discontinued models and inventory constraints weighing on results. That is a clear near-term headwind. What’s Behind General Motors’ Q2 Sales Decline of 4% Y/Y?
• Negative Sentiment: A PR Newswire item raised questions about whether GM insiders breached fiduciary duties, adding legal overhang and potential reputational risk, even though the article is largely solicitor-driven. Did General Motors Company Insiders Breach their Fiduciary Duties to Shareholders?

General Motors Trading Up 0.1%

GM opened at $76.06 on Friday. General Motors Company has a 1-year low of $48.87 and a 1-year high of $87.62. 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 company has a market cap of $68.58 billion, a P/E ratio of 30.67, a price-to-earnings-growth ratio of 0.38 and a beta of 1.31. The company has a fifty day moving average price of $79.02 and a two-hundred day moving average price of $79.28.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating the consensus estimate of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The business’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 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Analysts predict that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, June 5th. General Motors’s dividend payout ratio is 29.03%.

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.