Rory Harvey Sells 79,494 Shares of General Motors (NYSE:GM) Stock

General Motors Company (NYSE:GM) (TSE:GMM.U) EVP Rory Harvey sold 79,494 shares of the company’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 value of $6,599,591.88. Following the completion of the transaction, the executive vice president directly owned 46,519 shares in the company, valued at $3,862,007.38. The trade was a 63.08% decrease in their position. The transaction was disclosed in a legal 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.

Rory Harvey also recently made the following trade(s):

• On Friday, May 22nd, Rory Harvey sold 5,652 shares of General Motors stock. The shares were sold at an average price of $79.57, for a total value of $449,729.64.

General Motors Price Performance

General Motors stock opened at $84.38 on Friday. General Motors Company has a 12 month low of $46.81 and a 12 month high of $87.62. The stock’s 50 day moving average is $76.73 and its 200-day moving average is $78.03. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $76.08 billion, a price-to-earnings ratio of 34.03, a PEG ratio of 0.42 and a beta of 1.29.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $43.51 billion. During the same quarter in the prior year, the business earned $2.78 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities research analysts expect that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

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

Institutional Investors Weigh In On General Motors

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC bought a new stake in General Motors during the fourth quarter worth $25,000. Evergreen Advisors LLC bought a new stake in General Motors during the first quarter worth $26,000. Elevation Wealth Partners LLC lifted its stake in General Motors by 500.0% during 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 during 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 last quarter. Finally, Kelleher Financial Advisors bought a new stake in General Motors during the third quarter worth $29,000. 92.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group boosted their price target on General Motors from $85.00 to $97.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. Piper Sandler reiterated an “overweight” rating and issued a $102.00 price target on shares of General Motors in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and boosted their price target for the company from $83.00 to $90.00 in a research note on Tuesday, April 14th. Finally, The Goldman Sachs Group cut their price target on General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. One 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 assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.65.

More General Motors News

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

• Positive Sentiment: GM approved Pinnacle Intelligence as a vendor for Business Development Center services, reinforcing its push to use AI-enabled tools in retail operations and customer support. General Motors Selects Pinnacle Intelligence for BDC Services, Supporting Its Integrated AI-Enabled Approach
• Positive Sentiment: Reports that GM received preliminary FDIC approval for an industrial bank charter could improve financing flexibility and support future captive-lending growth. Ford, GM, Stellantis Join Crypto Firms In Trump-Era Bank Charter Push After Winning Preliminary FDIC Approval: Report
• Positive Sentiment: GM also landed work tied to NASA’s lunar terrain vehicle program, highlighting its battery and propulsion technology beyond traditional auto sales. General Motors to make batteries for NASA’s new manned moon rover
• Neutral Sentiment: GM recognized several suppliers in its annual awards, which is a constructive sign for operations but not likely a major stock driver by itself. Bridgestone Recognized as 2025 Supplier of the Year by General Motors
• Negative Sentiment: CEO Mary T. Barra sold a large amount of GM shares in multiple transactions, and EVP Rory Harvey also sold shares, which may weigh on sentiment even though the sales were planned. Mary T. Barra insider trade details

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.