Skylands Capital LLC cut its stake in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 3.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 427,135 shares of the auto manufacturer’s stock after selling 16,830 shares during the quarter. General Motors comprises 4.2% of Skylands Capital LLC’s investment portfolio, making the stock its 4th largest position. Skylands Capital LLC’s holdings in General Motors were worth $31,822,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC raised its position in General Motors by 16.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,172 shares of the auto manufacturer’s stock valued at $15,062,000 after buying an additional 28,163 shares during the last quarter. Cornerstone Wealth Group LLC boosted its stake in shares of General Motors by 13.5% in the 1st quarter. Cornerstone Wealth Group LLC now owns 3,171 shares of the auto manufacturer’s stock worth $251,000 after buying an additional 377 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of General Motors by 2.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 506,421 shares of the auto manufacturer’s stock worth $37,707,000 after buying an additional 13,326 shares during the last quarter. Sterling Capital Management LLC grew its holdings in shares of General Motors by 27.0% in the first quarter. Sterling Capital Management LLC now owns 108,500 shares of the auto manufacturer’s stock valued at $8,083,000 after acquiring an additional 23,045 shares in the last quarter. Finally, Cambient Family Office LLC purchased a new stake in shares of General Motors during the first quarter valued at approximately $255,000. Institutional investors own 92.67% of the company’s stock.
General Motors News Summary
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM announced a $275 million investment in its Spring Hill, Tennessee operations, a move tied to future Cadillac production and plant modernization that could support long-term U.S. manufacturing capacity. GM invests $275 million in Spring Hill operations, adds future Cadillac production
- Positive Sentiment: GM also increased its Brazil investment plan by 3.5 billion reais, signaling continued commitment to hybrids and factory upgrades in a key international market. GM adds $675 million to Brazil investment plan
- Positive Sentiment: GM revealed the 2027 GMC Sierra 1500 with new V-8 engine options and redesigned styling, a product refresh that may help defend share in full-size pickups. GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
- Positive Sentiment: A Team Chevy racing win was described as “very satisfying” for GM during its rebuild, adding a small but favorable brand and morale boost. Victory ‘very satisfying’ for GM amid rebuild
- Neutral Sentiment: Analyst commentary highlighted GM’s strong free cash flow and global manufacturing footprint versus Lucid’s EV growth profile, reinforcing GM’s value case without changing the near-term outlook much. General Motors vs. Lucid: Which Consumer Auto Stock Is a Better Buy in 2026?
- Neutral Sentiment: GM’s push into energy, grid services, battery recycling, and defense-adjacent applications suggests strategic diversification, but these initiatives are still early and mostly long-term in nature. Should GM’s Push Into Energy, Grid Services, and Defense Work Require Action From General Motors (GM) Investors?
- Negative Sentiment: Wells Fargo raised GM’s price target only slightly to $60 while maintaining an underweight rating, implying significant downside risk versus the current share price. General Motors price target raised by Wells Fargo
- Negative Sentiment: Coverage noting Toyota’s gains in U.S. sales may raise competitive concerns for GM, suggesting the company could be losing momentum in a key market. Toyota is gaining on General Motors in US sales: ‘GM may be looking over their shoulder’
General Motors Stock Down 0.4%
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities research analysts predict that General Motors Company will post 12.85 earnings per share for the current year.
General Motors Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were given a $0.18 dividend. The ex-dividend date was 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%.
Insider Activity at General Motors
In related news, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction dated Thursday, May 28th. The stock was 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 of the company’s stock, valued at approximately $2,192,490. This represents a 21.09% decrease in their position. The sale 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 General Motors stock in a transaction dated Tuesday, June 16th. The shares were 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 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. In the last three months, insiders have sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is owned by company insiders.
Analyst Ratings Changes
Several research firms have weighed in on GM. Mizuho cut their price objective 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. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. TD Cowen increased their price target on shares of General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group lowered their price objective on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Wolfe Research raised shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price for the company in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $95.70.
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.
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