General Motors Company (NYSE:GM – Get Free Report) (TSE:GMM.U) EVP Rory Harvey sold 8,882 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total transaction of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares of the company’s stock, valued at approximately $2,479,205.35. This represents a 23.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rory Harvey also recently made the following trade(s):
- On Thursday, May 28th, Rory Harvey sold 9,124 shares of General Motors stock. The shares were sold at an average price of $84.97, for a total value of $775,266.28.
- On Wednesday, May 27th, Rory Harvey sold 79,494 shares of General Motors stock. The shares were sold at an average price of $83.02, for a total value of $6,599,591.88.
- On Friday, May 22nd, Rory Harvey sold 5,652 shares of General Motors stock. The stock was sold at an average price of $79.57, for a total value of $449,729.64.
General Motors Stock Down 1.1%
NYSE:GM opened at $88.40 on Friday. The company has a market cap of $77.56 billion, a PE ratio of 44.64, a PEG ratio of 0.41 and a beta of 1.31. The stock has a 50-day simple moving average of $80.36 and a 200 day simple moving average of $78.99. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. General Motors Company has a 52-week low of $51.88 and a 52-week high of $91.85.
General Motors Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s payout ratio is currently 36.36%.
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM’s second-quarter results remain the primary bullish catalyst: adjusted EPS of $3.57 exceeded the $3.19 consensus, while revenue of $48.03 billion topped estimates and rose 1.9% year over year. Management maintained 2026 EPS guidance of $12 to $14.
- Positive Sentiment: Analyst sentiment has improved following the earnings beat. Erste Group raised its 2026 EPS estimate to $13.40 from $12.95 and its 2027 estimate to $14.99 from $14.48. Tigress Financial also forecast substantial upside and maintained a strong-buy view.
- Positive Sentiment: GM is emphasizing artificial intelligence to accelerate vehicle engineering, improve development workflows and potentially make vehicles better and faster. The company is also pursuing supply-chain resiliency, which could reduce disruption risks over time. GM Fully Believes AI Will Help Make Its Cars Better And Faster
- Positive Sentiment: GM’s shares continue to attract value-oriented attention because of earnings growth, cash-flow potential and a consensus analyst price target above the recent trading range. The company also declared its regular $0.18 quarterly dividend.
- Neutral Sentiment: President Donald Trump’s visit to a GM plant highlighted tariffs as a benefit to U.S. automakers, but the political support offers limited clarity on the company’s actual cost outlook. Trump visits General Motors plant
- Negative Sentiment: Reports suggest tariffs could cost GM as much as $3.5 billion, undermining claims that import taxes are helping the automaker. Any increase in vehicle or component costs could pressure margins and future guidance. Tariffs have saved General Motors
- Negative Sentiment: CEO Mary Barra, President Mark Reuss, EVP Rory Harvey and CAO Christopher Hatto sold shares in pre-arranged Rule 10b5-1 transactions. The planned nature reduces the signal’s significance, but the concentrated selling may weigh on investor sentiment.
Institutional Investors Weigh In On General Motors
A number of large investors have recently modified their holdings of GM. Tsfg LLC increased its holdings in shares of General Motors by 5.7% during the fourth quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after acquiring an additional 120 shares in the last quarter. Bogart Wealth LLC lifted its holdings in shares of General Motors by 15.6% in the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock worth $74,000 after purchasing an additional 122 shares in the last quarter. Sumitomo Life Insurance Co. grew its position in General Motors by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock valued at $1,584,000 after purchasing an additional 127 shares during the period. PDS Planning Inc grew its position in General Motors by 3.4% in the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock valued at $325,000 after purchasing an additional 131 shares during the period. Finally, UMB Bank n.a. increased its stake in General Motors by 2.0% during the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 136 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Evercore reissued an “outperform” rating and issued a $100.00 price target on shares of General Motors in a report on Monday, May 4th. Mizuho decreased their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Wedbush reiterated an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. Morgan Stanley lifted their price target on General Motors from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company boosted their price target on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and an average target price of $101.41.
View Our Latest Report on General Motors
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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