General Motors (NYSE:GM) Posts Quarterly Earnings Results, Beats Estimates By $0.38 EPS

General Motors (NYSE:GM) (TSE:GMM.U) posted its quarterly earnings data on Tuesday. The auto manufacturer reported $3.57 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38, Briefing.com reports. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. During the same quarter last year, the company posted $2.53 EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. General Motors updated its FY 2026 guidance to 12.000-14.000 EPS.

General Motors Stock Performance

Shares of GM stock opened at $75.91 on Tuesday. The firm has a 50 day moving average of $78.84 and a two-hundred day moving average of $78.84. The stock has a market capitalization of $68.45 billion, a PE ratio of 30.61, a P/E/G ratio of 0.38 and a beta of 1.31. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors has a 52 week low of $48.87 and a 52 week high of $87.62.

General Motors Announces Dividend

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

General Motors News Roundup

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

• Positive Sentiment: GM beat Wall Street expectations, reporting adjusted EPS of $3.57 versus estimates near $3.19–$3.20, with revenue of $48.0 billion above forecasts. GM quarterly core profit rises 30% on truck, SUV strength
• Positive Sentiment: The company raised its 2026 earnings guidance for the second time this year after core profit rose 30%, driven by strong truck and SUV demand and better U.S. deliveries. GM releases 2026 second-quarter results, raises full-year 2026 guidance and declares quarterly dividend
• Positive Sentiment: GM CFO Paul Jacobson said the company is benefiting from pricing power and demand strength, and management also raised its profit forecast by another $500 million, reinforcing confidence in second-half performance. GM CFO on Profit Outlook, Pricing Power, Tariff Costs
• Neutral Sentiment: GM Financial’s quarterly net income declined year over year, which is a modest offset to otherwise strong operating results. GM Financial Reports Second Quarter 2026 Operating Results
• Negative Sentiment: Investors are still weighing tariff and inflation headwinds, which could pressure margins despite the strong quarter. GM quarterly core profit rises 30% on truck, SUV strength

Analysts Set New Price Targets

A number of analysts have issued reports on GM shares. JPMorgan Chase & Co. boosted their target price on General Motors from $98.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. The Goldman Sachs Group dropped their price objective on General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Mizuho cut their price objective on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Wells Fargo & Company increased their target price on General Motors from $59.00 to $60.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. Finally, Barclays lowered their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, March 30th. One 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 assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $97.27.

Insider Transactions at General Motors

In related news, EVP Rory Harvey sold 9,124 shares of General Motors stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $84.97, for a total value of $775,266.28. Following the completion of the transaction, the executive vice president directly owned 37,395 shares in the company, valued at approximately $3,177,453.15. This trade represents a 19.61% 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. Also, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total value of $8,445,238.90. Following the transaction, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at $50,399,794.20. The trade was a 14.35% 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 90 days, insiders have sold 697,388 shares of company stock valued at $57,752,596. 0.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On General Motors

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in General Motors by 456.1% in the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock worth $2,062,000 after acquiring an additional 31,755 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after acquiring an additional 7,058 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of General Motors by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock valued at $1,847,000 after purchasing an additional 1,706 shares during the last quarter. Jump Financial LLC increased its position in shares of General Motors by 45.7% in the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock valued at $1,248,000 after purchasing an additional 7,951 shares during the last quarter. Finally, AXA S.A. raised its holdings in shares of General Motors by 69.4% in the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock valued at $3,275,000 after purchasing an additional 27,270 shares in the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

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.