General Motors Company (NYSE:GM – Get Free Report) (TSE:GMM.U) dropped 4.7% during trading on Friday . The stock traded as low as $82.73 and last traded at $82.5220. Approximately 2,226,187 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 7,512,150 shares. The stock had previously closed at $86.62.
Key Headlines Impacting General Motors
Here are the key news stories impacting General Motors this week:
- Positive Sentiment: GM Defense delivered its first Patriot interceptor components to Lockheed Martin less than a month after signing a manufacturing agreement. The partnership could diversify GM’s revenue base and benefit from increased U.S. defense production. Lockheed Martin gets first batch of Patriot interceptor parts from General Motors
- Positive Sentiment: UBS reportedly raised its price target for GM to $114, citing an underappreciated part of the business. Higher analyst estimates may provide support, though the target is not a guarantee of future performance. Top analyst strongly resets General Motors target before earnings
- Positive Sentiment: GM unveiled redesigned V-8 engines for the 2027 Chevrolet Silverado and GMC Sierra, including a diesel option. The lineup is intended to strengthen GM’s position in the profitable full-size pickup market amid softer EV demand. GM touts new V-8 engines in revived truck wars
- Neutral Sentiment: GM plans to restore Apple CarPlay and Android Auto in 2027 Silverado and Sierra models, potentially improving customer appeal and vehicle usability, but the financial impact is uncertain. What Does General Motors Bringing Back Phone Integration Mean for Pickups?
- Negative Sentiment: GM is recalling approximately 300,000 SUVs over a rearview-camera issue. Recalls can increase costs and create reputational risk, although the immediate financial effect is unclear. GM recalls 300k SUVs over rearview camera issue
- Negative Sentiment: The immediate catalyst is a reversal of Thursday’s broad cyclical rotation into automakers, with GM and peers giving back much of that move. No company-specific announcement dated today explains the decline. Automaker Stocks Reverse as Rotation Trade Unwinds
- Negative Sentiment: GM’s decision to emphasize diesel pickups while competitors expand hybrids highlights concerns that the company could miss growing hybrid demand and face a tougher long-term transition away from traditional powertrains. GM doubles down on diesel pickups as rivals tap hybrids
Wall Street Analyst Weigh In
Several brokerages recently issued reports on GM. Tigress Financial boosted their price target on shares of General Motors from $92.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 28th. Morgan Stanley lifted their price objective on General Motors from $100.00 to $101.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group upgraded General Motors from a “hold” rating to a “buy” rating and upped their target price for the stock from $90.00 to $99.00 in a report on Monday, July 27th. Royal Bank Of Canada increased their target price on General Motors from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company lifted their price target on General Motors from $60.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $101.82.
General Motors Price Performance
The firm has a 50-day simple moving average of $84.93 and a 200-day simple moving average of $80.13. The firm has a market capitalization of $72.23 billion, a PE ratio of 41.52, a PEG ratio of 0.47 and a beta of 1.32. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.14 and a quick ratio of 0.97.
General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.19 by $0.38. The company 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%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.53 earnings per share. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. As a group, equities analysts forecast that General Motors Company will post 13.32 earnings per share for the current year.
General Motors Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Friday, September 4th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, September 4th. General Motors’s dividend payout ratio (DPR) is currently 36.36%.
Insider Activity
In other news, EVP Grant Dixton sold 40,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the sale, the executive vice president directly owned 54,992 shares in the company, valued at $4,863,492.48. This represents a 42.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of General Motors stock in a transaction on Monday, July 27th. The shares were 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 in the company, valued at $2,479,205.35. This trade represents a 23.75% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 549,665 shares of company stock worth $49,010,828. Company insiders own 0.44% of the company’s stock.
Institutional Investors Weigh In On General Motors
Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in General Motors in the 2nd quarter worth about $5,958,995,000. Franklin Resources Inc. grew its holdings in General Motors by 2.7% in the fourth quarter. Franklin Resources Inc. now owns 32,158,403 shares of the auto manufacturer’s stock valued at $2,615,121,000 after purchasing an additional 835,645 shares during the period. Geode Capital Management LLC grew its holdings in General Motors by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 22,242,381 shares of the auto manufacturer’s stock valued at $1,802,668,000 after purchasing an additional 267,477 shares during the period. Capital World Investors increased its position in shares of General Motors by 7.8% in the fourth quarter. Capital World Investors now owns 19,536,049 shares of the auto manufacturer’s stock valued at $1,588,688,000 after buying an additional 1,405,530 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of General Motors by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock worth $1,059,668,000 after buying an additional 77,100 shares during the period. 92.67% of the stock is owned by institutional investors.
About General Motors
General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells cars, trucks and sport utility vehicles through its Chevrolet, Buick, GMC and Cadillac brands.
GM’s product portfolio includes gasoline-powered and electric vehicles, full-size pickup trucks, commercial vehicles and luxury automobiles. The company is developing battery-electric and other advanced vehicle technologies, while also offering connected-vehicle services through its OnStar platform.
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