KLCM Advisors Inc. Has $417,000 Stock Position in General Motors Company $GM

KLCM Advisors Inc. trimmed its position in General Motors Company (NYSE:GMFree Report) (TSE:GMM.U) by 96.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,593 shares of the auto manufacturer’s stock after selling 163,868 shares during the quarter. KLCM Advisors Inc.’s holdings in General Motors were worth $417,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new position in shares of General Motors in the 4th quarter valued at $25,000. Elevation Wealth Partners LLC raised its position in General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 275 shares in the last quarter. SouthState Bank Corp lifted its stake in General Motors by 101.7% during the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the period. Kelleher Financial Advisors bought a new position in General Motors during the third quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in General Motors during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GM shares. Mizuho cut their target price on General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. The Goldman Sachs Group lowered their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. UBS Group reaffirmed a “buy” rating on shares of General Motors in a research note on Wednesday, June 10th. Finally, Wedbush reaffirmed an “outperform” rating and set a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.32.

Read Our Latest Research Report on GM

Insider Buying and Selling

In other news, CAO Christopher Hatto sold 6,895 shares of the firm’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 transaction, the chief accounting officer directly owned 25,794 shares in the company, valued at $2,192,490. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $84.97, for a total value of $775,266.28. Following the completion of the sale, the executive vice president owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This represents a 19.61% decrease in their position. The SEC filing for this sale provides additional information. 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 over the last three months. 0.54% of the stock is currently owned by company insiders.

General Motors Price Performance

Shares of General Motors stock traded up $1.28 during trading on Friday, reaching $77.93. The company’s stock had a trading volume of 4,782,404 shares, compared to its average volume of 7,755,613. The stock has a 50-day moving average price of $78.91 and a two-hundred day moving average price of $79.12. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors Company has a one year low of $48.87 and a one year high of $87.62. The stock has a market capitalization of $70.27 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 0.39 and a beta of 1.31.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, sell-side analysts anticipate that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Dividend Announcement

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

Key Headlines Impacting General Motors

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

General Motors Company Profile

(Free Report)

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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Institutional Ownership by Quarter for General Motors (NYSE:GM)

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