Robeco Institutional Asset Management B.V. Sells 200,854 Shares of General Motors Company $GM

Robeco Institutional Asset Management B.V. cut its stake in General Motors Company (NYSE:GM) (TSE:GMM.U) by 5.1% in the third quarter, Holdings Channel reports. The institutional investor owned 3,776,285 shares of the auto manufacturer’s stock after selling 200,854 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in General Motors were worth $290,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GM. BlackRock Inc. bought a new position in General Motors during the second quarter valued at $5,958,995,000. Bank of America Corp DE purchased a new stake in shares of General Motors in the second quarter valued at $629,465,000. Legal & General Group Plc bought a new stake in shares of General Motors in the 2nd quarter worth about $599,066,000. Bank of New York Mellon Corp bought a new stake in shares of General Motors in the 2nd quarter worth about $522,916,000. Finally, Deutsche Bank AG purchased a new position in shares of General Motors during the 2nd quarter worth about $383,939,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at General Motors

In related news, EVP Rory Harvey sold 8,882 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president owned 28,513 shares of the company’s stock, valued at $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the completion of the transaction, the chief accounting officer directly owned 18,899 shares in the company, valued at approximately $1,700,910. This trade represents a 26.73% 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. In the last quarter, insiders sold 549,665 shares of company stock valued at $49,010,828. 0.44% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

GM has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $101.00 price target on shares of General Motors in a report on Friday, October 9th. Yorkville Ives assumed coverage on shares of General Motors in a research note on Monday, October 5th. They issued an “outperform” rating and a $100.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a research report on Thursday, October 15th. Tigress Financial boosted their target price on General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 28th. Finally, Truist Financial set a $105.00 target price on General Motors in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, General Motors has an average rating of “Moderate Buy” and an average price target of $101.18.

General Motors News Roundup

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

• Positive Sentiment: Q3 results exceeded expectations: GM reported approximately $50.0 billion in revenue and $3.70 in adjusted earnings per share, narrowly beating consensus estimates. Adjusted EBIT rose 22% year over year to $4.1 billion, supported by North American volumes, pickup-truck strength and cost efficiencies. General Motors earnings report
• Positive Sentiment: Large capital-return plan: GM authorized a new, multiyear $20 billion share-repurchase program, signaling management believes the stock is undervalued and potentially supporting per-share earnings. The board also declared a quarterly dividend of $0.18 per share, or $0.72 annualized. GM third-quarter results and buyback announcement
• Positive Sentiment: Improved cash-flow outlook: GM raised its 2026 adjusted automotive free-cash-flow forecast to $11.5 billion-$12.5 billion from $9.5 billion-$11.5 billion, strengthening the case for buybacks and dividends. GM cash-flow outlook
• Neutral Sentiment: GM plans to close its Brownstown battery assembly plant, reportedly because of changes in battery sourcing and production needs rather than a retreat from electrification. The move could reduce costs but highlights ongoing manufacturing adjustments. GM battery plant closure
• Negative Sentiment: Guidance drove the selloff: GM narrowed its full-year adjusted earnings outlook, with the midpoint below Wall Street expectations, and plans to pause some truck production. Investors viewed the weaker outlook as more important than the quarterly beat. Why GM shares declined
• Negative Sentiment: Management said EV demand has fallen back to levels seen before the $7,500 federal tax credit, raising concerns about near-term EV volumes and profitability. Labor and political criticism of the buyback also adds reputational risk. GM EV demand commentary

General Motors Trading Down 6.7%

NYSE GM opened at $77.17 on Wednesday. The company’s 50-day moving average price is $83.99 and its 200-day moving average price is $81.23. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. The stock has a market cap of $67.72 billion, a PE ratio of 6.58, a PEG ratio of 0.46 and a beta of 1.40. General Motors Company has a 12 month low of $62.36 and a 12 month high of $91.85.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $3.69 by $0.01. General Motors had a net margin of 1.05% and a return on equity of 18.18%. The company had revenue of $50.02 billion for the quarter, compared to the consensus estimate of $48.78 billion. During the same quarter last year, the firm posted $2.80 EPS. The firm’s revenue was up 2.9% compared to the same quarter last year. Equities research analysts forecast that General Motors Company will post 13.53 earnings per share for the current year.

General Motors announced that its Board of Directors has authorized a stock buyback program on Tuesday, October 20th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the auto manufacturer to purchase up to 27.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, December 4th. General Motors’s dividend payout ratio is currently 36.36%.

General Motors Profile

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.