Fisher Asset Management LLC Sells 8,477 Shares of General Motors Company $GM

Fisher Asset Management LLC cut its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,938 shares of the auto manufacturer’s stock after selling 8,477 shares during the period. Fisher Asset Management LLC’s holdings in General Motors were worth $9,184,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Tsfg LLC lifted its stake 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 acquiring an additional 120 shares in the last quarter. Bogart Wealth LLC lifted its stake in General Motors by 15.6% during the 4th quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after acquiring an additional 122 shares in the last quarter. PDS Planning Inc increased its position in shares of General Motors by 3.4% during the 4th quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock valued at $325,000 after purchasing an additional 131 shares during the last quarter. Fourth Dimension Wealth LLC increased its position in shares of General Motors by 47.3% during the 4th quarter. Fourth Dimension Wealth LLC now owns 442 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 142 shares during the last quarter. Finally, Kentucky Trust Co increased its position in shares of General Motors by 5.1% during the 4th quarter. Kentucky Trust Co now owns 2,944 shares of the auto manufacturer’s stock valued at $239,000 after purchasing an additional 144 shares during the last quarter. 92.67% of the stock is currently owned by institutional investors.

General Motors Stock Up 5.3%

GM stock opened at $84.00 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $75.74 billion, a PE ratio of 33.87, a PEG ratio of 0.40 and a beta of 1.29. General Motors Company has a twelve month low of $46.81 and a twelve month high of $87.62. The stock has a 50-day simple moving average of $76.53 and a two-hundred day simple moving average of $77.93.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The business had revenue of $43.62 billion during 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 quarter in the previous year, the firm earned $2.78 EPS. 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 EPS for the current fiscal year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

Analyst Ratings Changes

GM has been the subject of several research analyst reports. Royal Bank Of Canada decreased their target price on General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Barclays decreased their target price on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Mizuho decreased 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. Finally, TD Cowen raised their target price on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, General Motors presently has an average rating of “Moderate Buy” and a consensus price target of $94.65.

Insiders Place Their Bets

In other General Motors news, EVP Rory Harvey sold 79,494 shares of General Motors stock in a transaction dated 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 completion of the transaction, the executive vice president owned 46,519 shares of the company’s stock, valued at $3,862,007.38. The trade was a 63.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.54% of the stock is owned by insiders.

Key General Motors News

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

• Positive Sentiment: GM approved Pinnacle Intelligence as an authorized vendor for Business Development Center services, signaling continued investment in AI-enabled retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM, Ford, and Stellantis received preliminary FDIC approval for industrial bank charters may be encouraging because it could eventually give GM more flexibility in financing and captive-lending operations. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM landed a NASA-related subcontract to help power a lunar terrain vehicle, highlighting the company’s battery technology and advanced engineering capabilities. GM clinches NASA contract to build battery for moon-bound vehicle
• Neutral Sentiment: GM recognized Gentherm as a 2025 Supplier of the Year, which is a positive sign for supplier relationships but is unlikely to move GM shares on its own. Gentherm Named a 2025 Supplier of the Year by General Motors
• Negative Sentiment: EVP Rory Harvey sold a large block of GM shares in a pre-arranged 10b5-1 transaction, which can weigh on investor sentiment even though the sales were planned. Insider trade details for Rory Harvey

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.