Brokerages Set General Motors Company (NYSE:GM) Target Price at $101.41

Shares of General Motors Company (NYSE:GM) (TSE:GMM.U) have earned a consensus recommendation of “Moderate Buy” from the twenty-three brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, eighteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $101.4091.

GM has been the topic of a number of research analyst reports. Jefferies Financial Group raised General Motors from a “hold” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $99.00 in a report on Monday, July 27th. Barclays raised their price objective on shares of General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Benchmark reiterated a “buy” rating on shares of General Motors in a report on Tuesday, July 21st. Tigress Financial increased their target price on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 28th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $100.00 target price on shares of General Motors in a report on Wednesday, July 22nd.

General Motors Stock Performance

Shares of NYSE GM opened at $87.68 on Thursday. The stock has a fifty day moving average price of $80.74 and a two-hundred day moving average price of $79.06. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The firm has a market cap of $76.94 billion, a P/E ratio of 44.28, a PEG ratio of 0.41 and a beta of 1.30. General Motors has a 1 year low of $52.09 and a 1 year high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The company had revenue of $48.03 billion for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Research analysts forecast that General Motors will post 13.27 EPS for the current fiscal year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, September 4th. General Motors’s dividend payout ratio is 36.36%.

Insider Buying and Selling at General Motors

In other news, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total transaction of $620,550.00. Following the completion of the sale, the chief accounting officer directly owned 18,899 shares of the company’s stock, valued at $1,700,910. This represents a 26.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total value of $28,781,330.24. Following the completion of the transaction, the chief executive officer owned 428,994 shares of the company’s stock, valued at $38,772,477.72. This trade represents a 42.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,247,053 shares of company stock worth $106,763,425. 0.44% of the stock is owned by insiders.

Institutional Trading of General Motors

A number of hedge funds have recently bought and sold shares of the company. Tsfg LLC raised its position in shares of General Motors by 5.7% in the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after purchasing an additional 120 shares during the last quarter. Bogart Wealth LLC grew its position in General Motors by 15.6% during 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 during the last quarter. Sumitomo Life Insurance Co. increased its stake in General Motors by 0.7% during 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 in the last quarter. PDS Planning Inc raised its holdings in shares of General Motors by 3.4% in the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after buying an additional 131 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of General Motors by 2.0% in the fourth quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock worth $560,000 after buying an additional 136 shares during the last quarter. 92.67% of the stock is owned by hedge funds and other institutional investors.

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.