General Motors Company $GM Shares Sold by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC decreased its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 14.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,025,668 shares of the auto manufacturer’s stock after selling 659,356 shares during the period. General Motors comprises approximately 4.5% of ACR Alpine Capital Research LLC’s holdings, making the stock its 11th biggest holding. ACR Alpine Capital Research LLC’s holdings in General Motors were worth $299,912,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in General Motors by 2.7% during the 4th quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock valued at $2,615,121,000 after purchasing an additional 835,645 shares in the last quarter. Geode Capital Management LLC raised its position in shares of General Motors by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after purchasing an additional 267,477 shares in the last quarter. Capital World Investors boosted its stake in shares of General Motors by 7.8% during the 4th quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after buying an additional 1,405,530 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of General Motors by 5.5% during the 3rd quarter. AQR Capital Management LLC now owns 14,252,689 shares of the auto manufacturer’s stock valued at $868,986,000 after buying an additional 748,831 shares during the last quarter. Finally, Morgan Stanley grew its position in shares of General Motors by 3.9% during the fourth quarter. Morgan Stanley now owns 13,191,028 shares of the auto manufacturer’s stock worth $1,072,695,000 after buying an additional 494,404 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Buying and Selling at General Motors

In related news, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $6,599,591.88. Following the transaction, the executive vice president owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This represents a 63.08% 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 ninety days. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wolfe Research raised shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target on the stock in a report on Wednesday, March 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of General Motors in a research report on Friday, June 12th. The Goldman Sachs Group cut their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft raised shares of General Motors from a “hold” rating to a “buy” rating and increased their price target for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. Finally, Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. One research 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.32.

General Motors Stock Up 1.7%

GM stock opened at $77.93 on Friday. The firm has a market cap of $70.27 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 0.39 and a beta of 1.31. General Motors Company has a 1-year low of $48.87 and a 1-year high of $87.62. The firm has a fifty day moving average price of $78.91 and a two-hundred day moving average price of $79.12. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly 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 net margin of 1.38% and a return on equity of 16.68%. The business had revenue of $43.62 billion during the quarter, compared to analyst estimates of $43.51 billion. During the same period in the previous year, the business posted $2.78 EPS. The company’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts predict that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

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

General Motors News Summary

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

• Positive Sentiment: GM and Ford signed long-term memory supply agreements with Micron, which should improve access to memory and storage components for next-generation vehicles and support future production plans. Ford, GM sign memory supply agreements with Micron
• Positive Sentiment: JPMorgan issued a positive forecast for GM’s stock, reinforcing the view that analysts see upside despite near-term auto market concerns. JPMorgan Chase & Co. Issues Positive Forecast for General Motors (NYSE:GM) Stock Price
• Positive Sentiment: Coverage highlighting why investors should remain bullish on GM points to its strategic pivot into energy as a longer-term growth driver, helping offset softer U.S. sales trends. Why Investors Should Be Bullish on General Motors Even as U.S. Sales Slip
• Neutral Sentiment: GM’s Ultium Cells unit began producing LFP batteries for energy storage systems at its Spring Hill plant, underscoring diversification beyond EV batteries, though the near-term stock impact is less direct. Ultium Cells launches production of LFP batteries for Energy Storage Systems
• Negative Sentiment: Reports of a GM Arlington plant employee shooting incident are likely a reputational and operational negative, but the market reaction should be limited unless more details emerge. GM Arlington Plant Employee Shot In Parking Lot By Fellow GM Employee

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.