Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Holdings in General Motors Company $GM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 3.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 210,573 shares of the auto manufacturer’s stock after selling 6,416 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in General Motors were worth $15,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. grew its position in General Motors by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock worth $2,615,121,000 after acquiring an additional 835,645 shares during the period. Geode Capital Management LLC raised its position in General Motors by 1.2% in the fourth 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 during the period. Capital World Investors lifted its stake in shares of General Motors by 7.8% in 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 purchasing an additional 1,405,530 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of General Motors by 5.5% in 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 purchasing an additional 748,831 shares during the last quarter. Finally, Morgan Stanley grew its holdings in shares of General Motors by 3.9% during the 4th quarter. Morgan Stanley now owns 13,191,028 shares of the auto manufacturer’s stock worth $1,072,695,000 after purchasing an additional 494,404 shares during the period. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors News Roundup

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

General Motors Price Performance

GM stock opened at $77.93 on Monday. The business’s fifty day moving average price is $78.91 and its 200 day moving average price is $79.09. General Motors Company has a 12-month low of $48.87 and a 12-month high of $87.62. 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 $70.27 billion, a PE ratio of 31.43, a P/E/G ratio of 0.39 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.General Motors’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, sell-side analysts anticipate that General Motors Company will post 12.85 EPS for the current year.

General Motors Dividend Announcement

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

Insider Buying and Selling

In other General Motors news, CEO Mary T. Barra sold 99,239 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the sale, the chief executive officer directly owned 592,242 shares in the company, valued at $50,399,794.20. This represents a 14.35% 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. Also, EVP Rory Harvey sold 9,124 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the transaction, the executive vice president directly owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This represents a 19.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 697,388 shares of company stock valued at $57,752,596 in the last ninety days. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on GM shares. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price objective on the stock in a report on Wednesday, March 25th. Wells Fargo & Company increased their target price on shares of General Motors from $59.00 to $60.00 and gave the stock an “underweight” rating in a research note on Thursday, June 25th. Royal Bank Of Canada reiterated an “outperform” rating and set a $95.00 price target on shares of General Motors in a research report on Friday, June 12th. The Goldman Sachs Group reduced their price target 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. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of General Motors from a “hold” rating to a “buy” rating and upped their price objective for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $97.32.

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.