Mary Barra Sells 20,582 Shares of General Motors (NYSE:GM) Stock

General Motors Company (NYSE:GM) (TSE:GMM.U) CEO Mary Barra sold 20,582 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 592,242 shares in the company, valued at $50,340,570. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Price Performance

GM opened at $81.44 on Friday. 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 $47.63 and a 52-week high of $87.62. The stock has a market capitalization of $73.43 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 0.41 and a beta of 1.30. The stock’s 50 day moving average price is $78.43 and its 200-day moving average price is $78.92.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its 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. 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 for the quarter, compared to analysts’ expectations of $43.51 billion. During the same period in the previous year, the firm earned $2.78 earnings per share. The business’s revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, equities research analysts predict that General Motors Company will post 12.85 EPS for the current year.

General Motors Announces Dividend

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

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.

Institutional Investors Weigh In On General Motors

Several hedge funds have recently added to or reduced their stakes in the stock. LFG Wealth Partners LLC bought a new stake in General Motors in the first quarter worth $1,480,000. Robinswood Financial LLC bought a new stake in General Motors in the first quarter worth $38,000. NewEdge Advisors LLC boosted its holdings in General Motors by 37.9% in the first quarter. NewEdge Advisors LLC now owns 65,884 shares of the auto manufacturer’s stock worth $4,908,000 after acquiring an additional 18,091 shares in the last quarter. Caerus Investment Advisors LLC boosted its holdings in General Motors by 12.0% in the first quarter. Caerus Investment Advisors LLC now owns 13,558 shares of the auto manufacturer’s stock worth $1,010,000 after acquiring an additional 1,448 shares in the last quarter. Finally, Groupama Asset Managment boosted its holdings in General Motors by 22.5% in the first quarter. Groupama Asset Managment now owns 9,548 shares of the auto manufacturer’s stock worth $711,000 after acquiring an additional 1,755 shares in the last quarter. 92.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Piper Sandler reissued an “overweight” rating and set a $102.00 target price on shares of General Motors in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and boosted their target price for the company from $83.00 to $90.00 in a research note on Tuesday, April 14th. Evercore restated an “outperform” rating and set a $100.00 price target on shares of General Motors in a research report on Monday, May 4th. Finally, Citigroup lifted their price target on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, General Motors presently has an average 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.