Christopher Hatto Sells 6,895 Shares of General Motors (NYSE:GM) Stock

General Motors Company (NYSE:GM) (TSE:GMM.U) 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 sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at approximately $2,192,490. This trade represents a 21.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

General Motors Price Performance

GM stock traded down $0.55 during trading hours on Monday, hitting $82.69. 7,421,326 shares of the stock traded hands, compared to its average volume of 7,864,539. The stock has a 50-day simple moving average of $76.93 and a 200 day simple moving average of $78.12. The company has a market cap of $74.55 billion, a P/E ratio of 33.34, a P/E/G ratio of 0.42 and a beta of 1.30. General Motors Company has a one year low of $46.81 and a one year high of $87.62. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping 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 analysts’ expectations of $43.51 billion. During the same period in the previous year, the business earned $2.78 earnings per share. General Motors’s revenue for the quarter was down .9% compared to the same quarter last year. 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 year.

General Motors Dividend Announcement

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

General Motors News Summary

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

• Negative Sentiment: Nearly 1,000 United Auto Workers members at American Axle’s Michigan plant have gone on strike after contract talks broke down, threatening the supply of axles and components used in GM’s truck lineup. Any prolonged stoppage could hurt GM’s truck output and near-term earnings. UAW union strike threatens General Motors truck production
• Negative Sentiment: Reuters also reported that the supplier strike could impact GM truck production, reinforcing concerns that a disruption at one of GM’s most important parts vendors may hit one of the company’s most profitable businesses. GM supplier strike could impact truck production
• Neutral Sentiment: Separately, GM continued to draw attention at the Detroit Grand Prix and with design/brand updates, including a Pasadena design studio opening and new Hummer concepts. These items are more about positioning and brand visibility than immediate stock-moving fundamentals.
• Negative Sentiment: GM also faced added headlines around vehicle recalls tied to airbag hazards, which can pressure sentiment by raising warranty, repair, and reputation concerns.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on GM shares. Wall Street Zen upgraded General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. The Goldman Sachs Group decreased their target price on General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. TD Cowen boosted their target price on General Motors from $122.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. UBS Group increased their price target on General Motors from $102.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Finally, Bank of America assumed coverage on General Motors in a research note on Wednesday, March 4th. They issued a “buy” rating and a $105.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $95.65.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GM. Laurel Wealth Advisors LLC purchased a new stake in General Motors in the 4th quarter worth about $25,000. Elevation Wealth Partners LLC grew its stake in General Motors by 500.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 275 shares in the last quarter. SouthState Bank Corp increased its holdings in shares of General Motors by 101.7% in the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares during the period. Evergreen Advisors LLC acquired a new position in shares of General Motors in the 1st quarter valued at about $26,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of General Motors in the fourth quarter worth approximately $30,000. 92.67% of the stock is owned by institutional investors and hedge funds.

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.