General Motors Company $GM Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio decreased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 9.3% during the first quarter, Holdings Channel.com reports. The fund owned 540,888 shares of the auto manufacturer’s stock after selling 55,728 shares during the period. Public Employees Retirement System of Ohio’s holdings in General Motors were worth $40,296,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new position in shares of General Motors in the 4th quarter valued at approximately $25,000. Evergreen Advisors LLC purchased a new stake in General Motors during the 1st quarter worth approximately $26,000. SouthState Bank Corp grew its position in General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after purchasing an additional 177 shares during the last quarter. Kelleher Financial Advisors acquired a new position in General Motors during the 3rd quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in General Motors during the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GM. JPMorgan Chase & Co. lifted their price objective on shares of General Motors from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday. Barclays raised their price objective on General Motors from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday. UBS Group reaffirmed a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Citigroup upped their target price on General Motors from $108.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Finally, Wall Street Zen upgraded shares of General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. 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 issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.59.

General Motors Price Performance

NYSE:GM opened at $82.59 on Friday. The firm’s fifty day moving average is $79.24 and its two-hundred day moving average is $78.86. The firm has a market cap of $72.47 billion, a price-to-earnings ratio of 41.71, a PEG ratio of 0.40 and a beta of 1.31. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.99 and a current ratio of 1.14. General Motors Company has a one year low of $51.69 and a one year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38. The business had revenue of $48.03 billion during the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.The company’s revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. Research analysts expect that General Motors Company will post 13.11 EPS for the current year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be 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 of this dividend is Friday, September 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM raised its 2026 profit outlook again after a strong quarter, reinforcing the view that earnings momentum is improving and giving bulls more confidence in the stock. Article Title
• Positive Sentiment: Analyst and media coverage after earnings has been favorable, with reports highlighting stronger fundamentals, disciplined pricing, and a valuation that still looks attractive versus peers. Article Title
• Positive Sentiment: GM’s manufacturing investments, including the $157 million Missouri plant upgrade, suggest continued support for truck production and operational efficiency. Article Title
• Neutral Sentiment: GM and IONATE announced a smart-grid transformer deployment at a Michigan plant, a positive sustainability/efficiency step, but likely not a major near-term stock driver. Article Title
• Neutral Sentiment: Reports of unusually large options trading and upbeat price-target chatter may reflect rising investor interest, but they do not by themselves change GM’s operating outlook. Article Title
• Negative Sentiment: GM’s pullback on EVs after a roughly $10.9 billion charge underscores the cost of prior EV investments and reminds investors that the transition remains expensive and uncertain. Article Title

Insider Activity at General Motors

In other news, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $83.02, for a total transaction of $6,599,591.88. Following the sale, the executive vice president owned 46,519 shares of the company’s stock, valued at $3,862,007.38. This trade represents a 63.08% 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, 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 transaction, the chief accounting officer directly owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% 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. Over the last ninety days, insiders sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is 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.