Pictet Asset Management Holding SA Grows Stock Holdings in General Motors Company $GM

Pictet Asset Management Holding SA boosted its stake in shares of General Motors Company (NYSE:GM) (TSE:GMM.U) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 506,421 shares of the auto manufacturer’s stock after purchasing an additional 13,326 shares during the period. Pictet Asset Management Holding SA’s holdings in General Motors were worth $37,707,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC purchased a new stake in General Motors during the 4th quarter valued at $25,000. Elevation Wealth Partners LLC boosted its stake in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 275 shares during the last quarter. SouthState Bank Corp grew its holdings in shares of General Motors by 101.7% in the fourth quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 177 shares during the period. Kelleher Financial Advisors bought a new stake in shares of General Motors in the third quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in General Motors during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

Insider Activity

In related news, CEO Mary T. Barra sold 215,391 shares of General Motors stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $80.01, for a total transaction of $17,233,433.91. Following the sale, the chief executive officer owned 770,491 shares of the company’s stock, valued at approximately $61,646,984.91. This trade represents a 21.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was 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 represents a 21.09% 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 have sold 697,388 shares of company stock worth $57,752,596 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Key General Motors News

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

• Positive Sentiment: Wall Street analyst sentiment remains upbeat on General Motors, which can support the stock by reinforcing buy/hold interest and valuation confidence. Wall Street Bulls Look Optimistic About General Motors (GM): Should You Buy?
• Positive Sentiment: GM was highlighted on a list of low price-to-book stocks for July, suggesting some investors still see the shares as attractively valued relative to assets. 5 Low P/B Stocks That Investors Can Add to Their Portfolio in July
• Positive Sentiment: GM’s Cadillac Formula 1 team partnership with 3M adds visibility to the automaker’s motorsports and brand strategy. 3M joins Cadillac Formula 1 Team as Official Material Science Partner to accelerate racing performance
• Neutral Sentiment: GM also received attention for the redesigned 2027 GMC Sierra 1500, which may help long-term product interest but is not a major immediate stock catalyst. GM Design Team Releases 2027 GMC Sierra 1500 Sketches And Renderings
• Neutral Sentiment: A Zacks comparison of GM versus Federal Signal focused on relative value, but it does not appear to be a direct earnings or guidance catalyst. GM or FSS: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Recall headlines are weighing on sentiment, including reports that GM is recalling certain older vans and about 26,000 vehicles due to steering-related issues. GM Recalls Everyone’s Favorite Contractor Van For Steering Problem GM recalling 26K vehicles: If you have one of these vehicles, bring it to your dealer ASAP
• Negative Sentiment: Coverage that Toyota is on track to overtake GM as the top-selling U.S. automaker could raise concerns about GM’s competitive position and market share. Toyota on track to overtake GM as top-selling 2026 carmaker in US

General Motors Stock Performance

GM opened at $77.11 on Wednesday. The company has a 50 day simple moving average of $79.24 and a two-hundred day simple moving average of $79.38. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.15 and a quick ratio of 0.99. The firm has a market cap of $69.53 billion, a P/E ratio of 31.09, a PEG ratio of 0.39 and a beta of 1.30. General Motors Company has a 1-year low of $48.80 and a 1-year high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, beating the consensus estimate of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The firm had revenue of $43.62 billion for the quarter, compared to the consensus estimate of $43.51 billion. During the same period last year, the firm earned $2.78 EPS. The company’s revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Equities analysts forecast that General Motors Company will post 12.85 earnings per share for the current fiscal year.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and raised their target price for the stock from $83.00 to $90.00 in a research report on Tuesday, April 14th. Citigroup increased their price objective on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of General Motors in a report on Monday, May 11th. UBS Group restated a “buy” rating on shares of General Motors in a research report on Wednesday, June 10th. Finally, Barclays reduced their target price on shares of General Motors from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.70.

General Motors 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.