General Motors (NYSE:GM) CAO Christopher Hatto Sells 6,895 Shares

General Motors Company (NYSE:GM) (TSE:GMM.U) CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at $2,192,490. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Stock Down 0.7%

Shares of General Motors stock opened at $82.69 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors Company has a 52-week low of $46.81 and a 52-week high of $87.62. The company has a market capitalization of $74.55 billion, a P/E ratio of 33.34, a P/E/G ratio of 0.42 and a beta of 1.30. The company has a 50 day moving average of $77.11 and a 200 day moving average of $78.20.

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 firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. During the same quarter in the prior year, the company posted $2.78 earnings per share. General Motors’s revenue for the quarter was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. As a group, research analysts forecast that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

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 issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s payout ratio is presently 29.03%.

General Motors News Roundup

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

• Negative Sentiment: A UAW-backed strike at American Axle’s Michigan plant is threatening production of GM’s highly profitable Chevy Silverado and GMC Sierra trucks, which could disrupt supply and weigh on near-term revenue and margins. UAW calls for a midnight strike at GM pickup truck axle supplier
• Negative Sentiment: Reuters and CNBC both reported that nearly 1,000 supplier workers have gone on strike, reinforcing investor worries that GM truck output could face interruptions. UAW union strike threatens General Motors truck production
• Negative Sentiment: General Motors disclosed insider sales by Chief Accounting Officer Christopher Hatto and EVP Rory Harvey, which can add to caution around the stock even though both trades were made under pre-arranged 10b5-1 plans. Christopher Hatto insider trade
• Negative Sentiment: Separately, a Reuters report highlighted a supplier strike that could hit GM truck production, keeping attention on supply-chain risk for one of GM’s biggest profit drivers. GM supplier strike could impact truck production
• Neutral Sentiment: Industry commentary from a Mazda executive suggested EV adoption may need more consumer incentives and fewer mandates, a view that could support legacy automakers like GM if it slows the transition pressure, but it is not a direct GM catalyst. More Incentives Needed To Drive EV Demand, Mazda Executive Says
• Neutral Sentiment: A general late-afternoon decline in consumer stocks adds a mild sector headwind, but it does not appear GM-specific. Sector Update: Consumer Stocks Decline Late Afternoon

Hedge Funds Weigh In On General Motors

A number of large investors have recently modified their holdings of GM. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors in the 4th quarter valued at $25,000. Elevation Wealth Partners LLC boosted its position in General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 275 shares during the last quarter. SouthState Bank Corp grew its stake in General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares in the last quarter. Evergreen Advisors LLC purchased a new stake in General Motors during the 1st quarter worth approximately $26,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in General Motors in the fourth quarter valued at $30,000. 92.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GM. Mizuho reduced their target price on shares of General Motors from $105.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Evercore reissued an “outperform” rating and set a $100.00 target price on shares of General Motors in a research note on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Wells Fargo & Company boosted their target price on shares of General Motors from $57.00 to $59.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 29th. Finally, Citigroup upped their price target on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a report on Monday. 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. According to data from MarketBeat.com, General Motors presently has a consensus rating of “Moderate Buy” and an average price target of $95.65.

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.