Key Points
- GM CEO Mary Barra sold 20,582 shares on June 9 at an average price of $85.00, totaling about $1.75 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and Barra still holds 592,242 shares.
- General Motors reported stronger-than-expected quarterly results, posting EPS of $3.70 versus the $2.61 estimate and revenue of $43.62 billion. The company also raised FY 2026 guidance to $10.62-$12.62 EPS.
- GM announced a quarterly dividend of $0.18 per share, payable June 18, which annualizes to $0.72 and yields about 0.9%. Analyst sentiment remains mostly positive, with a Moderate Buy consensus and a price target of $95.65.
General Motors Company (NYSE:GM - Get Free Report) (TSE:GMM.U) CEO Mary Barra sold 20,582 shares of the company's stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $85.00, for a total transaction of $1,749,470.00. Following the completion of the transaction, the chief executive officer owned 592,242 shares in the company, valued at approximately $50,340,570. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
General Motors Trading Up 1.9%
Shares of GM opened at $80.92 on Friday. General Motors Company has a 1-year low of $47.63 and a 1-year high of $87.62. The company has a 50-day moving average of $78.30 and a 200 day moving average of $78.90. The firm has a market capitalization of $72.96 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 0.40 and a beta of 1.30. 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 - Get Free Report) (TSE:GMM.U) last issued its earnings results 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. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The business had revenue of $43.62 billion during the quarter, compared to analysts' expectations of $43.51 billion. During the same period in the prior year, the business earned $2.78 EPS. The business'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. On average, research analysts expect that General Motors Company will post 12.85 EPS for the current year.
General Motors Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 is Friday, June 5th. General Motors's dividend payout ratio is currently 29.03%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on GM shares. UBS Group reissued a "buy" rating on shares of General Motors in a report on Wednesday. Mizuho cut their price objective on shares of General Motors from $105.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, April 29th. Evercore reissued an "outperform" rating and set a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Piper Sandler reissued an "overweight" rating and set a $102.00 price objective on shares of General Motors in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group cut their price objective on shares of General Motors from $104.00 to $91.00 and set a "buy" rating on the stock in a report on Tuesday, April 14th. One research 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 given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $95.65.
Get Our Latest Report on General Motors
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. LFG Wealth Partners LLC purchased a new position in General Motors during the 1st quarter worth $1,480,000. Robinswood Financial LLC purchased a new position in General Motors during the 1st quarter worth $38,000. NewEdge Advisors LLC grew its stake in General Motors by 37.9% during the 1st quarter. NewEdge Advisors LLC now owns 65,884 shares of the auto manufacturer's stock worth $4,908,000 after buying an additional 18,091 shares during the last quarter. Caerus Investment Advisors LLC grew its position in General Motors by 12.0% during the 1st quarter. Caerus Investment Advisors LLC now owns 13,558 shares of the auto manufacturer's stock worth $1,010,000 after purchasing an additional 1,448 shares during the last quarter. Finally, Groupama Asset Managment grew its position in General Motors by 22.5% during the 1st quarter. Groupama Asset Managment now owns 9,548 shares of the auto manufacturer's stock worth $711,000 after purchasing an additional 1,755 shares during the last quarter. 92.67% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM unveiled new battery and energy-storage initiatives, including a partnership with Peak Energy and a push into sodium-ion and grid-storage technology, which could open new revenue streams. GM battery technology article
- Positive Sentiment: GM is also expanding vehicle-to-grid capabilities, allowing some EV owners to sell power back to the grid, reinforcing the company’s position in the energy ecosystem. GM vehicle-to-grid article
- Positive Sentiment: Analysts at Erste Group Bank nudged higher their earnings estimates for GM, which can support sentiment by signaling stronger profit expectations. GM analyst estimate update
- Neutral Sentiment: CEO Mary Barra sold shares in a pre-arranged Rule 10b5-1 plan; while routine, insider selling can create some caution among investors. Barra Form 4 filing
- Negative Sentiment: GM also faced headlines about a dealer lawsuit, criticism of oversized trucks, and political scrutiny over right-to-repair issues, which may weigh on sentiment even if they are less immediate than the battery news. GM dealer lawsuit article
About General Motors
(
Get Free Report)
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.
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