Royal London Asset Management Ltd. Raises Stake in General Motors Company $GM

Royal London Asset Management Ltd. lifted its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,453,007 shares of the auto manufacturer’s stock after purchasing an additional 6,159 shares during the period. Royal London Asset Management Ltd.’s holdings in General Motors were worth $118,159,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in shares of General Motors during the fourth quarter valued at about $25,000. Elevation Wealth Partners LLC raised its stake in General Motors by 500.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares in the last quarter. SouthState Bank Corp lifted its holdings in General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 177 shares during the period. Founders Capital Management bought a new stake in General Motors during the 4th quarter valued at approximately $31,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of General Motors during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on GM. Wedbush restated an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $83.00 to $90.00 in a report on Tuesday, April 14th. Wells Fargo & Company increased their price target on General Motors from $57.00 to $59.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of General Motors in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of General Motors in a research report on Tuesday, April 21st. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.65.

General Motors News Summary

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

• Positive Sentiment: GM’s Redwood Materials partnership and broader battery-lifecycle strategy may create new revenue opportunities and strengthen its EV ecosystem.
• Positive Sentiment: Analysts highlighted GM’s energy-storage business as overlooked, and recent earnings estimate increases suggest improving profit expectations.
• Neutral Sentiment: CEO Mary Barra sold shares under a pre-arranged trading plan, which is routine but can still make some investors cautious. SEC filing
• Negative Sentiment: GM continues to face negative headlines around dealer disputes, political scrutiny over repair-rights issues, and criticism of its truck lineup, which could weigh on sentiment.

General Motors Price Performance

NYSE:GM opened at $81.44 on Friday. The business’s 50-day simple moving average is $78.43 and its two-hundred day simple moving average is $78.92. General Motors Company has a 52 week low of $47.63 and a 52 week high of $87.62. The stock has a market cap of $73.43 billion, a PE ratio of 32.84, a P/E/G ratio of 0.41 and a beta of 1.30. 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 (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates 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 during 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. The business’s quarterly revenue 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, analysts forecast that General Motors Company will post 12.85 EPS for the current fiscal year.

General Motors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th. General Motors’s dividend payout ratio (DPR) is 29.03%.

Insider Buying and Selling at General Motors

In other news, CAO Christopher Hatto sold 6,895 shares of General Motors stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total transaction of $586,075.00. Following the sale, the chief accounting officer owned 25,794 shares in the company, valued at $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 20,582 shares of the business’s stock in a transaction on 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 directly owned 592,242 shares in the company, valued at $50,340,570. This trade represents a 3.36% 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 598,149 shares of company stock valued at $49,307,358 in the last three months. 0.54% of the stock is currently owned by corporate insiders.

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.