New York State Teachers Retirement System Sells 67,548 Shares of General Motors Company $GM

New York State Teachers Retirement System lessened its position in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 6.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 968,309 shares of the auto manufacturer’s stock after selling 67,548 shares during the period. New York State Teachers Retirement System’s holdings in General Motors were worth $59,038,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Hemington Wealth Management grew its holdings in General Motors by 14.5% during the 3rd quarter. Hemington Wealth Management now owns 1,219 shares of the auto manufacturer’s stock worth $74,000 after acquiring an additional 154 shares during the period. Sowell Financial Services LLC boosted its position in shares of General Motors by 2.9% during the 2nd quarter. Sowell Financial Services LLC now owns 6,834 shares of the auto manufacturer’s stock valued at $336,000 after purchasing an additional 195 shares in the last quarter. Mayflower Financial Advisors LLC boosted its position in shares of General Motors by 4.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 5,163 shares of the auto manufacturer’s stock valued at $254,000 after purchasing an additional 205 shares in the last quarter. Certuity LLC grew its stake in General Motors by 3.6% during the second quarter. Certuity LLC now owns 6,043 shares of the auto manufacturer’s stock worth $297,000 after purchasing an additional 209 shares during the period. Finally, Gries Financial LLC increased its holdings in General Motors by 3.3% in the third quarter. Gries Financial LLC now owns 7,493 shares of the auto manufacturer’s stock worth $457,000 after purchasing an additional 237 shares in the last quarter. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Buying and Selling

In related news, CAO Christopher Hatto sold 15,697 shares of the stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $70.00, for a total value of $1,098,790.00. Following the completion of the sale, the chief accounting officer directly owned 12,007 shares of the company’s stock, valued at approximately $840,490. This represents a 56.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Mark L. Reuss sold 260,600 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $66.45, for a total value of $17,316,870.00. Following the transaction, the president owned 98,006 shares in the company, valued at approximately $6,512,498.70. This trade represents a 72.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 284,021 shares of company stock worth $18,971,788 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on GM shares. The Goldman Sachs Group increased their price target on General Motors from $81.00 to $93.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Zacks Research raised shares of General Motors from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Evercore ISI lifted their price target on shares of General Motors from $68.00 to $74.00 and gave the company an “outperform” rating in a research note on Monday, November 24th. Wells Fargo & Company upped their price objective on shares of General Motors from $46.00 to $48.00 and gave the company an “underweight” rating in a report on Tuesday, December 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of General Motors from $60.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, General Motors presently has an average rating of “Moderate Buy” and an average target price of $77.76.

General Motors News Summary

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

• Positive Sentiment: Piper Sandler upgraded GM to “overweight” and raised its price target to $98, signaling some analysts see upside once one‑time charges are absorbed. Piper Sandler upgrade
• Positive Sentiment: Zacks notes GM has a strong earnings‑surprise history and factors that could support another beat in the next report, which can help the stock beyond the one‑time charges. Zacks: beat potential
• Neutral Sentiment: GM reported that full‑year 2025 sales climbed despite a late‑year slowdown — evidence demand isn’t collapsing across the business even as EV demand cools. 2025 sales climbed
• Negative Sentiment: GM will record $7.1 billion in Q4 special charges, roughly $6 billion of which are EV‑related writedowns tied to scaling back U.S. EV investments after policy changes and weakening demand — the primary driver of today’s selloff. Reuters: $6B writedown
• Negative Sentiment: Management warns additional EV‑related costs may continue into 2026 as supplier negotiations and capacity changes progress — increasing near‑term earnings uncertainty. Business Insider: more EV costs likely
• Negative Sentiment: GM is cutting more than 1,000 jobs at two plants amid slower EV demand and production changes, underscoring operational adjustments and potential near‑term disruption. MSN: plant job cuts

General Motors Stock Performance

GM opened at $82.78 on Monday. General Motors Company has a 1-year low of $41.60 and a 1-year high of $85.18. The company has a market cap of $77.22 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 0.66 and a beta of 1.31. The company’s fifty day moving average price is $76.38 and its two-hundred day moving average price is $63.89. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its earnings results on Tuesday, October 21st. The auto manufacturer reported $2.80 EPS for the quarter, topping the consensus estimate of $2.32 by $0.48. General Motors had a net margin of 1.62% and a return on equity of 12.29%. The company had revenue of $48.59 billion during the quarter, compared to the consensus estimate of $44.60 billion. During the same period in the previous year, the firm posted $2.96 earnings per share. The firm’s revenue for the quarter was down .3% on a year-over-year basis. General Motors has set its FY 2025 guidance at 9.750-10.500 EPS. On average, analysts expect that General Motors Company will post 11.44 EPS for the current fiscal year.

General Motors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, December 5th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.60 annualized dividend and a dividend yield of 0.7%. General Motors’s dividend payout ratio is 12.07%.

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.