PNC Financial Services Group Inc. lifted its stake in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 3.2% during the first quarter, HoldingsChannel reports. The firm owned 254,259 shares of the auto manufacturer’s stock after acquiring an additional 7,896 shares during the quarter. PNC Financial Services Group Inc.’s holdings in General Motors were worth $18,942,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in GM. Laurel Wealth Advisors LLC bought a new position in General Motors during the fourth quarter worth about $25,000. Evergreen Advisors LLC acquired a new position in General Motors during the first quarter worth approximately $26,000. Kelleher Financial Advisors bought a new stake in General Motors in the third quarter valued at approximately $29,000. SouthState Bank Corp raised its stake 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. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors in the fourth quarter valued at approximately $30,000. 92.67% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on GM. Barclays increased their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Friday, July 17th. Royal Bank Of Canada increased their target price on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday. Wedbush reiterated an “outperform” rating and set a $95.00 price objective on shares of General Motors in a research report on Monday, May 11th. Finally, Evercore reissued an “outperform” rating and set a $100.00 target price on shares of General Motors in a report on Monday, May 4th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, General Motors has a consensus rating of “Moderate Buy” and a consensus price target of $99.59.
Trending Headlines about General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
- Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
- Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
- Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
- Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
- Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title
General Motors Stock Performance
Shares of NYSE:GM opened at $82.59 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.99. General Motors Company has a 1 year low of $51.69 and a 1 year high of $87.62. The stock has a market capitalization of $72.47 billion, a price-to-earnings ratio of 41.71, a price-to-earnings-growth ratio of 0.40 and a beta of 1.31. The company’s 50 day simple moving average is $79.24 and its 200 day simple moving average is $78.86.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $47.01 billion. During the same period last year, the firm posted $2.53 earnings per share. General Motors’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. As a group, research analysts predict that General Motors Company will post 13.11 EPS for the current fiscal year.
General Motors Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th 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 of this dividend is Friday, September 4th. General Motors’s dividend payout ratio is presently 36.36%.
Insiders Place Their Bets
In other news, CEO Mary T. Barra sold 215,391 shares of General Motors 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 sale, the chief executive officer directly owned 770,491 shares of the company’s stock, 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 document filed with the SEC, which can be accessed through 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 that occurred 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 697,388 shares of company stock valued at $57,752,596 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.
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.
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