Allspring Global Investments Holdings LLC Reduces Stock Position in General Motors Company $GM

Allspring Global Investments Holdings LLC lessened its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 36.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 666,931 shares of the auto manufacturer’s stock after selling 380,347 shares during the period. Allspring Global Investments Holdings LLC’s holdings in General Motors were worth $50,046,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Tsfg LLC increased its position in shares of 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 purchasing an additional 120 shares during the last quarter. Bogart Wealth LLC grew its holdings in General Motors by 15.6% during the fourth quarter. Bogart Wealth LLC now owns 905 shares of the auto manufacturer’s stock valued at $74,000 after purchasing an additional 122 shares during the period. Sumitomo Life Insurance Co. increased its position in General Motors by 0.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 19,477 shares of the auto manufacturer’s stock worth $1,584,000 after buying an additional 127 shares in the last quarter. PDS Planning Inc raised its stake in shares of General Motors by 3.4% in the fourth quarter. PDS Planning Inc now owns 3,996 shares of the auto manufacturer’s stock worth $325,000 after buying an additional 131 shares during the period. Finally, UMB Bank n.a. lifted its position in shares of General Motors by 2.0% during the 4th quarter. UMB Bank n.a. now owns 6,887 shares of the auto manufacturer’s stock valued at $560,000 after buying an additional 136 shares in the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

General Motors News Summary

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
• Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
• Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
• Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
• Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
• Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.

Insider Buying and Selling

In related news, CEO Mary T. Barra sold 99,239 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total value of $8,445,238.90. Following the sale, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at $50,399,794.20. This represents a 14.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 9,124 shares of the business’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 value of $775,266.28. Following the transaction, the executive vice president owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This trade represents a 19.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 three months. 0.54% of the stock is owned by insiders.

General Motors Stock Down 2.1%

NYSE GM opened at $76.08 on Friday. General Motors Company has a one year low of $48.87 and a one year high of $87.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a 50 day moving average price of $78.83 and a 200-day moving average price of $78.91. The company has a market capitalization of $68.60 billion, a P/E ratio of 30.68, a P/E/G ratio of 0.38 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $2.61 by $1.09. The company had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, equities analysts predict that General Motors Company will post 12.88 EPS for the current fiscal year.

General Motors Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have commented on GM. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 target price on the stock in a research note on Wednesday, March 25th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. Royal Bank Of Canada cut their price target on General Motors from $95.00 to $94.00 and set an “outperform” rating for the company in a research note on Monday, July 13th. Piper Sandler restated an “overweight” rating and issued a $102.00 price objective on shares of General Motors in a research report on Wednesday, April 29th. Finally, Citigroup increased their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. One equities 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $97.27.

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.