Renaissance Technologies LLC Sells 1,015,779 Shares of General Motors Company $GM

Renaissance Technologies LLC cut its holdings in General Motors Company (NYSE:GM) (TSE:GMM.U) by 52.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 913,340 shares of the auto manufacturer’s stock after selling 1,015,779 shares during the quarter. Renaissance Technologies LLC’s holdings in General Motors were worth $68,044,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Laurel Wealth Advisors LLC bought a new stake in General Motors during the 4th quarter worth about $25,000. Evergreen Advisors LLC bought a new position in shares of General Motors in the first quarter worth about $26,000. SouthState Bank Corp raised its stake in shares of General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares during the last quarter. Kelleher Financial Advisors acquired a new position in shares of General Motors during the third quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of General Motors during the fourth quarter valued at approximately $30,000. 92.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on GM shares. JPMorgan Chase & Co. raised their price target on shares of General Motors from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. TD Cowen increased their price objective on General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday. Wedbush reissued an “outperform” rating and issued a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. Barclays boosted their target price on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Mizuho cut their price target on General Motors from $105.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, General Motors currently has an average rating of “Moderate Buy” and a consensus price target of $99.68.

More General Motors News

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

• Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
• Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
• Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
• Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
• Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
• Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

General Motors Trading Down 0.1%

Shares of NYSE GM opened at $82.59 on Monday. The company’s 50 day simple moving average is $79.24 and its 200 day simple moving average is $78.83. General Motors Company has a fifty-two week low of $51.69 and a fifty-two week high of $87.62. The firm has a market capitalization of $72.47 billion, a P/E ratio of 41.71, a P/E/G ratio of 0.38 and a beta of 1.31. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.

General Motors (NYSE:GM) (TSE:GMM.U) last released its earnings results 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 firm had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The business’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. On average, analysts predict that General Motors Company will post 13.23 EPS for the current year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s payout ratio is 36.36%.

Insider Buying and Selling

In other news, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the completion of the transaction, the chief executive officer directly owned 592,242 shares in the company, valued at approximately $50,399,794.20. The trade was a 14.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 dated Thursday, May 28th. The shares were 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 directly owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. 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 valued at $57,752,596 over the last three months. Company insiders own 0.54% of the company’s stock.

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.