General Motors Company $GM Shares Sold by Qtron Investments LLC

Qtron Investments LLC trimmed its holdings in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 23.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,773 shares of the auto manufacturer’s stock after selling 6,313 shares during the quarter. Qtron Investments LLC’s holdings in General Motors were worth $1,689,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in GM. Norges Bank acquired a new position in shares of General Motors during the 4th quarter worth approximately $918,724,000. Viking Global Investors LP increased its position in shares of General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after purchasing an additional 5,830,050 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new stake in shares of General Motors during the fourth quarter worth approximately $309,380,000. Two Sigma Investments LP increased its position in shares of General Motors by 348.4% during the third quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock worth $216,393,000 after purchasing an additional 2,757,695 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its position in shares of General Motors by 436.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,658,525 shares of the auto manufacturer’s stock worth $130,826,000 after purchasing an additional 2,163,274 shares in the last quarter. 92.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at General Motors

In other news, EVP Rory Harvey sold 9,124 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $84.97, for a total value of $775,266.28. Following the transaction, the executive vice president owned 37,395 shares of the company’s stock, valued at $3,177,453.15. This represents a 19.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total value of $586,075.00. Following the completion of the transaction, the chief accounting officer directly owned 25,794 shares in the company, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their position. 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 a total of 598,149 shares of company stock worth $49,307,358 in the last three months. 0.54% of the stock is owned by corporate insiders.

Key General Motors News

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

• Positive Sentiment: GM unveiled new battery and energy-storage initiatives, including a partnership with Peak Energy and a push into sodium-ion and grid-storage technology, which could open new revenue streams. GM battery technology article
• Positive Sentiment: GM is also expanding vehicle-to-grid capabilities, allowing some EV owners to sell power back to the grid, reinforcing the company’s position in the energy ecosystem. GM vehicle-to-grid article
• Positive Sentiment: Analysts at Erste Group Bank nudged higher their earnings estimates for GM, which can support sentiment by signaling stronger profit expectations. GM analyst estimate update
• Neutral Sentiment: CEO Mary Barra sold shares in a pre-arranged Rule 10b5-1 plan; while routine, insider selling can create some caution among investors. Barra Form 4 filing
• Negative Sentiment: GM also faced headlines about a dealer lawsuit, criticism of oversized trucks, and political scrutiny over right-to-repair issues, which may weigh on sentiment even if they are less immediate than the battery news. GM dealer lawsuit article

Analyst Ratings Changes

Several analysts recently commented on GM shares. Barclays dropped their price target on General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Wolfe Research upgraded General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target for the company in a research report on Wednesday, March 25th. Royal Bank Of Canada dropped their price target on General Motors from $96.00 to $95.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upgraded General Motors from a “hold” rating to a “buy” rating and boosted their price target for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. Finally, Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $95.65.

General Motors Stock Up 1.9%

Shares of NYSE:GM opened at $80.92 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The business has a fifty day moving average of $78.30 and a two-hundred day moving average of $78.90. The stock has a market cap of $72.96 billion, a P/E ratio of 32.63, a PEG ratio of 0.40 and a beta of 1.30. General Motors Company has a 52-week low of $47.63 and a 52-week high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its earnings results 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 company 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 firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the business earned $2.78 EPS. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. On average, research analysts expect that General Motors Company will post 12.85 earnings per share for the current year.

General Motors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, June 5th. General Motors’s dividend payout ratio is presently 29.03%.

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.