General Motors Company $GM Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 34.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218,689 shares of the auto manufacturer’s stock after selling 116,811 shares during the quarter. QRG Capital Management Inc.’s holdings in General Motors were worth $13,333,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Hemington Wealth Management increased its holdings in shares of General Motors by 14.5% during the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 154 shares in the last quarter. Sowell Financial Services LLC increased its holdings in General Motors by 2.9% in the second quarter. Sowell Financial Services LLC now owns 6,834 shares of the auto manufacturer’s stock valued at $336,000 after buying an additional 195 shares in the last quarter. Mayflower Financial Advisors LLC raised its position in shares of General Motors by 4.1% in the second quarter. Mayflower Financial Advisors LLC now owns 5,163 shares of the auto manufacturer’s stock worth $254,000 after acquiring an additional 205 shares during the period. Certuity LLC boosted its stake in shares of General Motors by 3.6% during the 2nd quarter. Certuity LLC now owns 6,043 shares of the auto manufacturer’s stock worth $297,000 after acquiring an additional 209 shares in the last quarter. Finally, Gries Financial LLC boosted its stake in shares of General Motors by 3.3% during the 3rd quarter. Gries Financial LLC now owns 7,493 shares of the auto manufacturer’s stock worth $457,000 after acquiring an additional 237 shares in the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Stock Performance

Shares of NYSE:GM opened at $80.79 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.06 and a current ratio of 1.23. General Motors Company has a one year low of $41.60 and a one year high of $85.18. The business’s 50-day simple moving average is $77.69 and its 200 day simple moving average is $64.90. The company has a market cap of $75.37 billion, a P/E ratio of 16.26, a PEG ratio of 0.64 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, beating the consensus estimate of $2.32 by $0.48. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The company had revenue of $48.59 billion for the quarter, compared to analyst estimates of $44.60 billion. During the same quarter last year, the business earned $2.96 earnings per share. General Motors’s revenue was down .3% compared to the same quarter last year. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. On average, sell-side analysts forecast that General Motors Company will post 11.44 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Friday, December 5th were given a $0.15 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.7%. General Motors’s dividend payout ratio is presently 12.07%.

Wall Street Analysts Forecast Growth

GM has been the subject of several recent analyst reports. Evercore ISI lifted their price target on General Motors from $68.00 to $74.00 and gave the company an “outperform” rating in a research note on Monday, November 24th. Argus set a $78.00 price objective on General Motors in a research report on Thursday, October 23rd. Tigress Financial upped their price objective on shares of General Motors from $88.00 to $92.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. Wall Street Zen downgraded shares of General Motors from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Finally, Mizuho set a $100.00 price objective on General Motors in a report on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.41.

Insiders Place Their Bets

In related news, CAO Christopher Hatto sold 7,724 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $72.00, for a total transaction of $556,128.00. Following the completion of the sale, the chief accounting officer directly owned 12,007 shares in the company, valued at approximately $864,504. This trade represents a 39.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Mark L. Reuss sold 260,600 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total value of $17,316,870.00. Following the completion of the transaction, the president owned 98,006 shares in the company, valued at $6,512,498.70. This trade represents a 72.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 284,021 shares of company stock valued at $18,971,788 in the last three months. Company insiders own 0.54% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: High-profile brand moment: GM unveiled Cadillac’s Formula 1 test car in a dramatic reveal that boosts Cadillac/GM branding and technology credibility, a potential long-term positive for investor sentiment and premium positioning. GM stuns with dramatic reveal of Cadillac’s new Formula 1 test car
• Positive Sentiment: Tax-credit defense via Mexico investment: reporting says GM’s $1B Mexico investment appears structured to preserve U.S. EV tax-credit eligibility while expanding capacity — this could protect EV demand and margins tied to tax incentives. GM Found A Way To Build In Mexico — And Still Qualify For US EV Credits
• Positive Sentiment: Diversification into energy storage: coverage notes automakers including GM are expanding into energy storage products, which could offset slower EV battery demand and open new revenue streams. Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player
• Neutral Sentiment: Public relations/visitor access: GM is opening its new HQ for a one-time public showcase, a small PR positive that increases local and investor visibility but has limited financial impact. GM Hosting Public Showcase At The Department At Hudson’s On January 17th
• Neutral Sentiment: Investor attention and screens: market commentary and analyst lists (Zacks coverage, inclusion in price-to-book screens) are driving interest but don’t supply new fundamental catalysts. General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Major recall — engine stall risk: GM is recalling nearly 600,000 vehicles over an engine-stall defect, which could lead to warranty, repair costs and reputational damage. GM recalls nearly 600,000 vehicles over engine stall defect
• Negative Sentiment: Additional recall for pedestrian alert systems: GM recalled over 80,000 Chevy vehicles for defective pedestrian alert sounds that may not warn pedestrians — another near-term liability and safety concern. GM recalls over 80,000 Chevy vehicles over defective pedestrian alert sound system citing serious risk
• Negative Sentiment: FTC data ban finalized: regulators banned GM from selling drivers’ location data for five years, formalizing restrictions on OnStar/data monetization and potentially reducing ancillary revenue and raising compliance costs. FTC bans General Motors from selling drivers’ location data for five years
• Negative Sentiment: EV transition costs mounting: reporting highlights GM’s admission that its EV push has cost about $6B with losses still mounting, a reminder of margin pressure and capital intensity in the transition. General Motors CEO calls unexpected vehicles ‘end game’ despite extreme policy pushback: ‘I still think we’ll get there’

General Motors Company 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.