Swedbank AB trimmed its holdings in shares of General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 18.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 728,180 shares of the auto manufacturer’s stock after selling 168,113 shares during the period. Swedbank AB’s holdings in General Motors were worth $54,249,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the business. DGS Capital Management LLC grew its stake in shares of General Motors by 2.1% during the first quarter. DGS Capital Management LLC now owns 39,268 shares of the auto manufacturer’s stock worth $2,925,000 after acquiring an additional 806 shares during the last quarter. Ascentis Independent Advisors raised its position in shares of General Motors by 18.0% in the 1st quarter. Ascentis Independent Advisors now owns 7,170 shares of the auto manufacturer’s stock valued at $534,000 after purchasing an additional 1,095 shares during the last quarter. Astoria Portfolio Advisors LLC. acquired a new stake in General Motors in the 1st quarter worth approximately $202,000. Revisor Wealth Management LLC purchased a new stake in General Motors during the 1st quarter worth approximately $429,000. Finally, QRG Capital Management Inc. grew its position in General Motors by 6.3% during the 1st quarter. QRG Capital Management Inc. now owns 192,951 shares of the auto manufacturer’s stock worth $14,375,000 after purchasing an additional 11,370 shares during the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, CAO Christopher Hatto sold 6,895 shares of the firm’s 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 of the company’s stock, valued at $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a document filed 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, CEO Mary T. Barra sold 99,239 shares of General Motors 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 transaction, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at approximately $50,399,794.20. This trade represents a 14.35% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 697,388 shares of company stock worth $57,752,596. Corporate insiders own 0.54% of the company’s stock.
General Motors Price Performance
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $1.09. The business had revenue of $43.62 billion during 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 company’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Research analysts predict that General Motors Company will post 12.85 earnings per share for the current year.
General Motors Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were given a $0.18 dividend. 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 currently 29.03%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a report on Tuesday, April 21st. Citigroup boosted their price objective on shares of General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a report on Monday, June 1st. The Goldman Sachs Group reduced their target price on General Motors from $104.00 to $91.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Wedbush reaffirmed an “outperform” rating and set a $95.00 price target on shares of General Motors in a research report on Monday, May 11th. Finally, TD Cowen boosted their price target on General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.70.
View Our Latest Research Report on General Motors
Key Stories Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM secured a long-term supply agreement with Micron Technology, helping ensure memory and storage supply for next-generation, software-heavy vehicles. That supports GM’s EV and software push by reducing component-supply risk and improving production visibility.
- Positive Sentiment: GM Energy is advancing its vehicle-to-grid and home-energy initiatives through a collaboration with WeaveGrid, which could strengthen GM’s position in EV charging and utility program integration. Article: WeaveGrid, GM Advance Grid-Integrated EV Charging and Home Energy Programs
- Positive Sentiment: GM reported that Canada was its best-selling automaker in the first half of 2026, suggesting solid demand across Chevrolet, Buick, GMC, and Cadillac in a key North American market.
- Neutral Sentiment: Wall Street coverage continues to point to GM as a stock worth considering among auto names, reflecting ongoing investor interest but not a clear near-term catalyst.
- Negative Sentiment: GM also faces a recall involving the Cadillac Vistiq electric SUV over a third-row seat issue, which could add warranty costs and briefly weigh on sentiment around product quality.
- Negative Sentiment: Some commentary is questioning GM’s leadership and overall valuation, which may be adding to bearish sentiment even as the company executes on supply-chain and EV initiatives.
General Motors 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.
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