Patton Fund Management Inc. Trims Stock Holdings in General Motors Company $GM

Patton Fund Management Inc. trimmed its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 60.3% in the 1st quarter, Holdings Channel reports. The fund owned 24,213 shares of the auto manufacturer’s stock after selling 36,774 shares during the quarter. Patton Fund Management Inc.’s holdings in General Motors were worth $1,804,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tsfg LLC increased its position in General Motors by 5.7% during the 4th quarter. Tsfg LLC now owns 2,241 shares of the auto manufacturer’s stock valued at $182,000 after buying an additional 120 shares in the last quarter. Bogart Wealth LLC raised its stake in General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after buying an additional 122 shares during the last quarter. Sumitomo Life Insurance Co. boosted its holdings in General Motors by 0.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock worth $1,584,000 after acquiring an additional 127 shares in the last quarter. PDS Planning Inc grew its stake 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 acquiring an additional 131 shares during the last quarter. Finally, UMB Bank n.a. grew its stake 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 acquiring an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

GM has been the subject of several recent analyst reports. Bank of America assumed coverage on General Motors in a research report on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target for the company. Piper Sandler reissued an “overweight” rating and set a $102.00 price objective on shares of General Motors in a research report on Wednesday, April 29th. Mizuho reduced their price objective on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. The Goldman Sachs Group decreased their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $95.70.

Insider Buying and Selling

In related news, EVP Rory Harvey sold 79,494 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 46,519 shares in the company, valued at approximately $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. This trade represents a 21.09% 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 quarter, insiders have sold 697,388 shares of company stock valued at $57,752,596. 0.54% of the stock is owned by insiders.

More General Motors News

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 Price Performance

NYSE GM opened at $78.20 on Monday. The stock has a market capitalization of $70.51 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 0.39 and a beta of 1.30. General Motors Company has a 1-year low of $48.80 and a 1-year high of $87.62. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The business’s fifty day moving average price is $79.34 and its 200-day moving average price is $79.40.

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

General Motors Dividend Announcement

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

General Motors 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.