PNC Financial Services Group Inc. Acquires 7,896 Shares of General Motors Company $GM

PNC Financial Services Group Inc. increased its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 3.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 254,259 shares of the auto manufacturer’s stock after acquiring an additional 7,896 shares during the period. PNC Financial Services Group Inc.’s holdings in General Motors were worth $18,942,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in General Motors in the fourth quarter valued at about $25,000. SouthState Bank Corp boosted its holdings in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares in the last quarter. Evergreen Advisors LLC acquired a new position in General Motors in the first quarter worth $26,000. Kemnay Advisory Services Inc. acquired a new stake in shares of General Motors in the fourth quarter valued at $30,000. Finally, Founders Capital Management bought a new position in shares of General Motors in the fourth quarter valued at about $31,000. Institutional investors own 92.67% of the company’s stock.

Analyst Ratings Changes

GM has been the topic of a number of research analyst reports. Evercore reissued an “outperform” rating and set a $100.00 price objective on shares of General Motors in a report on Monday, May 4th. Wedbush reaffirmed an “outperform” rating and set a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. Barclays increased their price objective on General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday. Citigroup boosted their target price on General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, Wall Street Zen raised General Motors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One equities 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $99.59.

Insider Activity

In other news, CEO Mary T. Barra sold 215,391 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the completion of the sale, the chief executive officer owned 770,491 shares of the company’s stock, valued at $61,646,984.91. This represents a 21.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was 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 in the company, valued at approximately $3,862,007.38. The trade was a 63.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 697,388 shares of company stock worth $57,752,596 over the last quarter. 0.54% of the stock is currently owned by company insiders.

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

General Motors Price Performance

General Motors stock opened at $82.59 on Friday. The firm has a market capitalization of $72.47 billion, a P/E ratio of 41.71, a PEG ratio of 0.40 and a beta of 1.31. General Motors Company has a 1 year low of $51.69 and a 1 year high of $87.62. The business has a 50-day moving average of $79.24 and a 200-day moving average of $78.86. The company has a current ratio of 1.14, a quick ratio of 0.99 and a debt-to-equity ratio of 1.42.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.05% and a return on equity of 18.18%. General Motors’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the company posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, equities analysts anticipate that General Motors Company will post 13.11 EPS for the current year.

General Motors Announces Dividend

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

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.