General Motors (NYSE:GM) Price Target Raised to $120.00

General Motors (NYSE:GM) (TSE:GMM.U) had its target price raised by JPMorgan Chase & Co. from $110.00 to $120.00 in a research report released on Wednesday morning,Benzinga reports. They currently have an overweight rating on the auto manufacturer’s stock.

A number of other equities analysts have also issued reports on GM. Piper Sandler reissued an “overweight” rating and set a $102.00 price target on shares of General Motors in a research report on Wednesday, April 29th. Wells Fargo & Company upped their price objective on shares of General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a report on Wednesday. Royal Bank Of Canada increased their price objective on shares of General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday. Barclays raised their target price on shares of General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.59.

General Motors Stock Performance

Shares of GM stock opened at $82.59 on Wednesday. The business has a fifty day moving average of $79.24 and a 200 day moving average of $78.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.99. The firm has a market capitalization of $72.47 billion, a price-to-earnings ratio of 41.71, a price-to-earnings-growth ratio of 0.40 and a beta of 1.31. General Motors has a 1 year low of $51.69 and a 1 year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.19 by $0.38. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The firm had revenue of $48.03 billion during the quarter, compared to analysts’ expectations of $47.01 billion. During the same period last year, the business posted $2.53 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, research analysts expect that General Motors will post 13.11 earnings per share for the current year.

General Motors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s payout ratio is 29.03%.

Insider Activity at General Motors

In related news, EVP Rory Harvey sold 79,494 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, the executive vice president directly owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total transaction of $586,075.00. Following the sale, the chief accounting officer owned 25,794 shares in the company, valued at approximately $2,192,490. This represents a 21.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 697,388 shares of company stock worth $57,752,596 in the last three months. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On General Motors

Several institutional investors and hedge funds have recently modified their holdings of GM. Laurel Wealth Advisors LLC acquired a new position in shares of General Motors during the 4th quarter worth approximately $25,000. SouthState Bank Corp increased its holdings in General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares in the last quarter. Evergreen Advisors LLC purchased a new stake in General Motors in the 1st quarter worth $26,000. Kemnay Advisory Services Inc. acquired a new position in General Motors during the fourth quarter worth $30,000. Finally, Founders Capital Management acquired a new position in General Motors during the fourth quarter worth $31,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Key Stories Impacting General Motors

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

• Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
• Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
• Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
• Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
• Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
• Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

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.