General Motors Company $GM Stake Cut by State Street Corp

State Street Corp cut its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 45,728,790 shares of the auto manufacturer’s stock after selling 859,567 shares during the period. State Street Corp owned 0.05% of General Motors worth $3,718,665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Royal London Asset Management Ltd. lifted its stake in General Motors by 0.4% during the fourth quarter. Royal London Asset Management Ltd. now owns 1,453,007 shares of the auto manufacturer’s stock worth $118,159,000 after purchasing an additional 6,159 shares during the last quarter. Vontobel Holding Ltd. increased its position in General Motors by 14.1% in the fourth quarter. Vontobel Holding Ltd. now owns 146,599 shares of the auto manufacturer’s stock worth $11,921,000 after buying an additional 18,136 shares during the period. Martingale Asset Management L P increased its position in General Motors by 807.5% in the fourth quarter. Martingale Asset Management L P now owns 54,941 shares of the auto manufacturer’s stock worth $4,468,000 after buying an additional 48,887 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in General Motors in the fourth quarter worth $1,375,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in General Motors by 21.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,245,861 shares of the auto manufacturer’s stock worth $670,553,000 after buying an additional 1,430,683 shares during the period. 92.67% of the stock is currently owned by institutional investors.

General Motors News Roundup

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.

Insider Activity

In other news, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the transaction, the executive vice president directly owned 46,519 shares of the company’s stock, valued at approximately $3,862,007.38. This trade represents a 63.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 215,391 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total value of $17,233,433.91. Following the transaction, the chief executive officer directly owned 770,491 shares in the company, valued at $61,646,984.91. This trade represents a 21.85% decrease in their ownership of the stock. 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 ninety days, insiders have sold 598,149 shares of company stock valued at $49,307,358. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on GM. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. The Goldman Sachs Group dropped their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Barclays dropped their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, March 30th. Wolfe Research raised General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price on the stock in a research report on Wednesday, March 25th. Finally, Mizuho dropped their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. One 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

General Motors Price Performance

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

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts anticipate that General Motors Company will post 12.85 EPS for the current year.

General Motors Announces Dividend

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

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.