Minneapolis Portfolio Management Group LLC Has $895,000 Stock Holdings in General Motors Company $GM

Minneapolis Portfolio Management Group LLC decreased its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 97.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,003 shares of the auto manufacturer’s stock after selling 494,094 shares during the period. Minneapolis Portfolio Management Group LLC’s holdings in General Motors were worth $895,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Tsfg LLC increased its stake in shares of General Motors by 5.7% in the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after buying an additional 120 shares during the period. Bogart Wealth LLC increased its stake in shares of General Motors by 15.6% in the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares during the period. PDS Planning Inc increased its stake in shares of General Motors by 3.4% in the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock valued at $325,000 after buying an additional 131 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of General Motors by 0.9% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 15,043 shares of the auto manufacturer’s stock valued at $1,223,000 after buying an additional 138 shares during the period. Finally, Fourth Dimension Wealth LLC increased its stake in shares of General Motors by 47.3% in the fourth quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock valued at $36,000 after buying an additional 142 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Buying and Selling at General Motors

In other General Motors news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the completion of the sale, the executive vice president directly owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This trade represents a 19.61% decrease in their position. 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 sold 554,567 shares of company stock valued at $45,602,888. Company insiders own 0.54% of the company’s stock.

General Motors Trading Down 0.7%

Shares of General Motors stock opened at $82.69 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. General Motors Company has a 52 week low of $46.81 and a 52 week high of $87.62. The stock has a 50 day moving average price of $77.11 and a two-hundred day moving average price of $78.20. The stock has a market capitalization of $74.56 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 0.42 and a beta of 1.30.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion during the quarter, compared to analysts’ expectations of $43.51 billion. During the same quarter last year, the firm posted $2.78 earnings per share. The company’s revenue for the quarter was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities analysts anticipate that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid 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, June 5th. General Motors’s dividend payout ratio (DPR) is 29.03%.

Key Stories Impacting General Motors

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

• Negative Sentiment: A UAW-backed strike at American Axle’s Michigan plant is threatening production of GM’s highly profitable Chevy Silverado and GMC Sierra trucks, which could disrupt supply and weigh on near-term revenue and margins. UAW calls for a midnight strike at GM pickup truck axle supplier
• Negative Sentiment: Reuters and CNBC both reported that nearly 1,000 supplier workers have gone on strike, reinforcing investor worries that GM truck output could face interruptions. UAW union strike threatens General Motors truck production
• Negative Sentiment: General Motors disclosed insider sales by Chief Accounting Officer Christopher Hatto and EVP Rory Harvey, which can add to caution around the stock even though both trades were made under pre-arranged 10b5-1 plans. Christopher Hatto insider trade
• Negative Sentiment: Separately, a Reuters report highlighted a supplier strike that could hit GM truck production, keeping attention on supply-chain risk for one of GM’s biggest profit drivers. GM supplier strike could impact truck production
• Neutral Sentiment: Industry commentary from a Mazda executive suggested EV adoption may need more consumer incentives and fewer mandates, a view that could support legacy automakers like GM if it slows the transition pressure, but it is not a direct GM catalyst. More Incentives Needed To Drive EV Demand, Mazda Executive Says
• Neutral Sentiment: A general late-afternoon decline in consumer stocks adds a mild sector headwind, but it does not appear GM-specific. Sector Update: Consumer Stocks Decline Late Afternoon

Analyst Ratings Changes

Several equities research analysts recently commented on GM shares. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and raised their target price for the stock from $83.00 to $90.00 in a research note on Tuesday, April 14th. Mizuho decreased their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Barclays decreased their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Wells Fargo & Company raised their target price on General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group raised their target price on General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.65.

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.