28,440 Shares in General Motors Company $GM Bought by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. acquired a new position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 28,440 shares of the auto manufacturer’s stock, valued at approximately $2,313,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. raised its holdings in shares of General Motors by 2.7% during the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after acquiring an additional 835,645 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of General Motors by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock worth $1,802,668,000 after acquiring an additional 267,477 shares in the last quarter. Capital World Investors raised its holdings in shares of General Motors by 7.8% during the fourth quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock worth $1,588,688,000 after acquiring an additional 1,405,530 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of General Motors by 5.5% during the third quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock worth $868,986,000 after acquiring an additional 748,831 shares in the last quarter. Finally, Morgan Stanley increased its position in General Motors by 3.9% during the fourth quarter. Morgan Stanley now owns 13,191,028 shares of the auto manufacturer’s stock worth $1,072,695,000 after buying an additional 494,404 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $84.97, for a total value of $775,266.28. Following the sale, the executive vice president directly owned 37,395 shares of the company’s stock, valued at approximately $3,177,453.15. This trade represents a 19.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 20,582 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $85.00, for a total value of $1,749,470.00. Following the completion of the sale, the chief executive officer directly owned 592,242 shares in the company, valued at approximately $50,340,570. This represents a 3.36% 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. Over the last ninety days, insiders have sold 598,149 shares of company stock valued at $49,307,358. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on GM shares. Mizuho reduced their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research report on Wednesday. Citigroup boosted their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Piper Sandler restated an “overweight” rating and issued a $102.00 target price on shares of General Motors in a report on Wednesday, April 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $95.65.

More General Motors News

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

• Positive Sentiment: GM’s Redwood Materials partnership and broader battery-lifecycle strategy may create new revenue opportunities and strengthen its EV ecosystem.
• Positive Sentiment: Analysts highlighted GM’s energy-storage business as overlooked, and recent earnings estimate increases suggest improving profit expectations.
• Neutral Sentiment: CEO Mary Barra sold shares under a pre-arranged trading plan, which is routine but can still make some investors cautious. SEC filing
• Negative Sentiment: GM continues to face negative headlines around dealer disputes, political scrutiny over repair-rights issues, and criticism of its truck lineup, which could weigh on sentiment.

General Motors Trading Up 0.7%

Shares of NYSE:GM opened at $81.44 on Friday. The company has a market cap of $73.43 billion, a P/E ratio of 32.84, a P/E/G ratio of 0.41 and a beta of 1.30. The stock’s 50-day moving average is $78.43 and its 200-day moving average is $78.92. General Motors Company has a 52-week low of $47.63 and a 52-week high of $87.62. 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 (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s revenue was down .9% compared to the same quarter last year. During the same period last year, the business posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities research analysts predict that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

General Motors 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.