California Public Employees Retirement System grew its position in General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U) by 8.0% during the first quarter, HoldingsChannel reports. The firm owned 1,925,429 shares of the auto manufacturer’s stock after buying an additional 141,919 shares during the period. California Public Employees Retirement System’s holdings in General Motors were worth $143,444,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in General Motors by 456.1% in the fourth quarter. Brighton Jones LLC now owns 38,717 shares of the auto manufacturer’s stock valued at $2,062,000 after buying an additional 31,755 shares during the period. Sivia Capital Partners LLC grew its holdings in General Motors by 61.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 18,548 shares of the auto manufacturer’s stock worth $913,000 after acquiring an additional 7,058 shares during the period. Baird Financial Group Inc. raised its position in shares of General Motors by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,524 shares of the auto manufacturer’s stock worth $1,847,000 after acquiring an additional 1,706 shares in the last quarter. Jump Financial LLC raised its position in shares of General Motors by 45.7% in the 2nd quarter. Jump Financial LLC now owns 25,366 shares of the auto manufacturer’s stock worth $1,248,000 after acquiring an additional 7,951 shares in the last quarter. Finally, AXA S.A. lifted its stake in shares of General Motors by 69.4% in the 2nd quarter. AXA S.A. now owns 66,547 shares of the auto manufacturer’s stock valued at $3,275,000 after purchasing an additional 27,270 shares during the period. Institutional investors own 92.67% of the company’s stock.
General Motors Stock Performance
Shares of GM opened at $76.08 on Friday. 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 stock has a 50-day moving average of $78.83 and a 200-day moving average of $78.91. The company has a market cap of $68.60 billion, a PE ratio of 30.68, a P/E/G ratio of 0.38 and a beta of 1.31. General Motors Company has a one year low of $48.87 and a one year high of $87.62.
General Motors Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. General Motors’s payout ratio is currently 29.03%.
Insider Transactions at General Motors
In other General Motors news, CEO Mary T. Barra sold 215,391 shares of the business’s 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 in the company, valued at approximately $61,646,984.91. The trade was a 21.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 79,494 shares of the company’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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 697,388 shares of company stock valued at $57,752,596 over the last ninety days. 0.54% of the stock is owned by company insiders.
Analysts Set New Price Targets
GM has been the topic of several research analyst reports. Royal Bank Of Canada cut their target price on General Motors from $95.00 to $94.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. UBS Group reiterated a “buy” rating on shares of General Motors in a report on Wednesday, June 10th. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Citigroup raised their price objective on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Finally, TD Cowen lifted their price objective on shares of General Motors from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, General Motors currently has a consensus rating of “Moderate Buy” and an average target price of $97.27.
Check Out Our Latest Report on GM
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for GM, signaling improving profit expectations ahead of earnings.
- Positive Sentiment: Multiple earnings-preview articles say GM has a strong chance to beat estimates again, helped by its recent track record of earnings surprises and favorable setup for the quarter.
- Positive Sentiment: GM may benefit from China restructuring efforts and growing digital revenue, which could help support margins and earnings growth.
- Neutral Sentiment: Market commentary and options-market coverage suggest traders are positioning for a potential move in GM, but no clear direction was confirmed.
- Negative Sentiment: Investor concern remains around GM’s China exposure, which continues to be described as a key problem for the stock.
- Negative Sentiment: Broader EV-sector headlines show a tough environment for automakers, with valuation pressure and industry uncertainty still hanging over the space.
General Motors Company 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.
Featured Stories
- Five stocks we like better than General Motors
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding GM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Motors Company (NYSE:GM – Free Report) (TSE:GMM.U).
Receive News & Ratings for General Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Motors and related companies with MarketBeat.com's FREE daily email newsletter.
